Status
Listed
Price band
₹170–₹179
Shares in one lotA lot is the smallest bundle of shares you can apply for. Lot size, in the glossary
800 shares
Minimum money
₹1,43,200 for 1 lot
Issue size
₹59.97 crore
Dates
15 Oct 2026 – 19 Oct 2026
Official links
- Prospectus
- Allotment statusAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
How to apply
Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.
Open the guideRelated guides
Shellz India Ltd. IPO is listed. It opens on 15 Oct 2026 and closes on 19 Oct 2026. The price band is ₹170 to ₹179. One lot is 800 shares, and the minimum amount is ₹1,43,200. The issue size is ₹59.97 crore, with a fresh issue of ₹59.97 crore. In FY26, total income was ₹193.18 crore and profit after tax was ₹13.37 crore. Total income was up 3.1% from ₹187.39 crore in FY25. Profit after tax was up 61.1% from ₹8.3 crore in FY25.
The grey market premium shown for Shellz India Ltd. is ₹7. Grey market premium is unofficial and not a guarantee of listing price.
The total subscription for Shellz India Ltd. is 58.54 times.
Shellz India Ltd. listed at ₹179.
Shellz India makes confectionery under the Hugs and Tosca brands. It also makes and supplies food and bakery ingredients.
Dates
Opens
15 Oct 2026
Closes
19 Oct 2026
AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
21 Oct 2026
Refunds
22 Oct 2026
Demat credit
22 Oct 2026
Listing
23 Oct 2026
Objects of the issue
- Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by our Company
- Funding our incremental working capital requirements
- General corporate purposes
- Issue Expenses
Promoters
Kapil Garg and Shalini Garg
Subscription
Subscribed 58.54x overall. Final, as of 19 Oct 5:54 pm IST.
Applications: 46,423
Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
41.92x
Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
86.41x
Large bids above ₹10 lakhNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
98.42x
Large bids of ₹2–10 lakhNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
62.41x
Retail
56.09x
Total
58.54x
Issue structure
Fresh issue
₹59.97 crore
Reservation
Share kept for each group. The percents are the published figures.
| Part | Amount |
|---|---|
| Retail | 35.01% |
| Large bids | 15.02% |
| Big funds | 49.97% |
Issue
- Face value
- ₹10
- Fresh issue
- ₹59.97 crore
- Exchanges
- BSE SME
- Registrar
- Bigshare Services Pvt. Ltd.
Reservation
- Retail
- 35.01%
- Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
- 15.02%
- Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
- 49.97%
Financials
₹ crore, for the last three reported years.
Total income and profit
Each chart has its own scale. Amounts are in ₹ crore.
Total income
Profit after tax
| Year | Total income | Profit |
|---|---|---|
| FY24 | ₹162.81 crore | ₹5.25 crore |
| FY25 | ₹187.39 crore | ₹8.3 crore |
| FY26 | ₹193.18 crore | ₹13.37 crore |
Net worth
₹ crore, for each year that reports net worth.
| Year | Net worth |
|---|---|
| FY24 | ₹26.99 crore |
| FY25 | ₹40.58 crore |
| FY26 | ₹58.95 crore |
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY24 | 162.81 | 5.25 | 26.99 | 147.04 | 70.93 |
| FY25 | 187.39 | 8.3 | 40.58 | 167.36 | 78.18 |
| FY26 | 193.18 | 13.37 | 58.95 | 213.72 | 100.83 |
Listing
- Listing price
- ₹179
- Last grey market priceGMP means grey market premium. It is an unofficial price before listing, not the issue price.
- ₹7 (checked 23 Oct 2026, 9:37 am IST). Unofficial
- Close on listing day
- ₹170.05
The listing price matched the issue price of ₹179.
The grey market was ₹7, which pointed to ₹186. The listing was ₹7 below that.
The grey market premium is unofficial.
Frequently asked questions
When does this issue open?
It opens on 15 Oct 2026 and closes on 19 Oct 2026.
What is the lot size and the minimum amount?
One lot is 800 shares. The minimum amount is ₹1,43,200 for 1 lot.
When are allotment and listing?
Allotment is on 21 Oct 2026. Listing is on 23 Oct 2026.
What is the price band?
The price band is ₹170 to ₹179.
What is the issue size?
The issue size is ₹59.97 crore.
What does the grey market premium mean here?
₹7 as of 23 Oct 2026, 9:37 am IST. It is unofficial.
How many times was it subscribed?
The total subscription is 58.54 times, checked 19 Oct 2026, 5:54 pm IST.
What was the listing gain?
The listing gain against the top of the price band is 0%.
This page is a calendar of dates and prices. It is not a recommendation to apply.