← All Indian IPOs

Shanti Inorganics

Upcoming
NSE SME via aggregator

31 Aug – 2 Sep 2026

Expected Allotment 3 SepRefund 4 SepListing 7 Sep
Price band ₹79–₹83
GMP
Subscribed
Min to apply (retail) ₹2,65,600 1600 shares, one lot at the cap

Updated 2026-08-24 (IST)

DRHP analysis is not available for this issue yet.

Shanti Inorganics IPO offer structure

Fresh issue: ₹47 cr

The offer-for-sale component is not stated in what we extracted from the offer document, so the full issue size and the split between the two are unknown. This figure is the fresh issue alone, not the total raise. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.

Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.

Shanti Inorganics IPO: common questions

When does the Shanti Inorganics IPO open and close?

The Shanti Inorganics IPO is open from 31 Aug 2026 to 2 Sep 2026.

What is the Shanti Inorganics IPO price band?

The price band is ₹79–₹83 per share.

What is the lot size and minimum investment for the Shanti Inorganics IPO?

One lot is 1600 shares, and a retail application must be at least one lot. That is about ₹2,65,600 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.

When are the Shanti Inorganics IPO allotment and listing dates?

Not published yet. Derived from the close date on the usual timetable: allotment around 3 Sep 2026, refund/unblock around 4 Sep 2026 and listing around 7 Sep 2026. Treat these as estimates until the exchange confirms them.

How do I apply for the Shanti Inorganics IPO?

Through any broker app or your bank's net banking, using a demat account and a PAN. You bid in lots at a price inside the band, or at cut-off. The money is blocked in your account, not debited, until allotment. One application per PAN. Bidding opens 31 Aug 2026. We do not recommend brokers and carry no broker links. How to apply, start to finish →

Sources & method

Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.

Grey-market premium (GMP) is unregulated.

Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → All live GMP, and its record →

How often do these actually open above the issue price?

Of the 698 SME IPOs that have listed on the NSE since 2016, 555 (80%) opened above their issue price, at a median of +11%. That is the segment's own record, not a forecast for this issue.