Shanthala FMCG Products Limited IPO
Shanthala FMCG Products Limited was a SME IPO in the Trading & Distributors sector, offered at ₹91–₹91 per share to raise ₹16 crore. It listed on 3 Nov 2023 at ₹108 and closed its first day at ₹104, a listing gain of +13.8% versus the ₹91 issue price. It now trades around ₹11 (-87.9% versus the issue price).
Frequently asked questions
- What were the Shanthala FMCG Products Limited IPO listing gains?
- Shanthala FMCG Products Limited listed on 3 Nov 2023 at ₹108, closing its first day at ₹104 — a listing gain of +13.8% versus the ₹91 issue price.
- What was the price band and lot size of the Shanthala FMCG Products Limited IPO?
- The price band was ₹91–₹91 per share, with a minimum lot of 1,200 shares (₹1,09,200 at the upper band).
- Who were the registrar and lead manager for the Shanthala FMCG Products Limited IPO?
- Bigshare Services Private Limited was the registrar, and First Overseas Capital was the book-running lead manager.