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Shanti Inorganics

Open
31 Aug
2026
Close
2 Sep
2026
Allotment
3 Sep
2026
Listing
7 Sep
2026
Price band
₹79.00-83.00
Issue size
₹47.24 Cr
GMP
+₹31 (+37.35%)
Subscription
Issue breakup
● Fresh issue 100%
₹45 Cr fresh. Fresh issue raises new capital for the company; OFS is existing shareholders selling their stake.
Lot size
ApplicationLotsSharesAmount
S-HNI (Min)34,800₹3,98,400
S-HNI (Max)711,200₹9,29,600
About the company

Updated on Aug 24, 2026 Incorporated in January 2010, Shanti Inorganics Ltd. manufactures and trades sulfur-based inorganic chemicals. Its main products include sodium metabisulphite, sodium sulfite powder, ammonium bisulfite solution, and sodium bisulfite powder/solution. These products are mainly used as preservatives, reducing agents, oxygen scavengers, and process intermediates across industries such as oil drilling, pharmaceuticals, food and beverages, pulp and paper, and water treatment. The company operates two manufacturing facilities in Gujarat: one at GIDC, Vatva, Ahmedabad, and the other at Sankalp Industrial Estate, Chiyada, Bavla, Ahmedabad. The company sells its products in both domestic and international markets. In the domestic market, it served 29 customers during the two-month period ended May 31, 2026, compared with 64 customers in Fiscal 2026, 48 in Fiscal 2025, and 46 in Fiscal 2024.

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