Shanti Inorganics IPO Details & GMP

Closed
GMP Today ₹55
Price Band ₹83
Lot Size 1600
GMP % 66.27%

About Shanti Inorganics

Shanti Inorganics Limited is launching its Initial Public Offering on the NSE Emerge platform to raise up to ₹47.24 crore through a fresh issue of equity shares.

Company Profile & Operations

Core Business: Manufacturers and suppliers of sulfur-based inorganic chemicals including sodium metabisulphite, sodium bisulphite, ammonium bisulphite, and sodium sulphite.

End-Use Industries: Supplies ingredients across 10+ industries, such as pharmaceuticals, food and beverages, oil drilling, water treatment, agrochemicals, and cosmetics.

Manufacturing Facilities: Operations are based out of Vatva and Bavla Phase I in Ahmedabad, Gujarat. Products are sold domestically and exported to 15 countries.

Key Risks to Consider

Customer Concentration: Historically, top clients account for a significant portion of revenue.

No Long-Term Contracts: Orders are primarily purchase-order driven without long-term buyer agreements.

Raw Material Volatility: Fluctuations in sulfur-related raw material pricing directly impact operating margins.

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Disclaimer: Grey Market Premium (GMP) is unofficial. We do not trade in the Grey Market. Investment in IPOs is subject to market risks. Read RHP carefully before investing.