MyIPOStatus
Shellz India IPO: GMP, subscription and allotment status
This IPO has left the live dashboard. The figures below are as recorded on 23 Oct 2026.
—No subscription figures
- GMP
- —
- No GMP data
- Est. listing
- —
- No estimate
- Price band
- ₹170–179
- Lot
- 800 shares
- Min. ₹1,43,200
Allotment
Allotment is published. Check every saved PAN in one go.
Dates
15 → 19 Oct · allot 21 · list 23Refunds and shares in your demat account on 22 Oct.
Subscription by category
Subscription figures here come from NSE's bid data, and this issue bids on BSE SME, so there are none on this page.
See this IPO on IPOWatchIssue details
- Segment
- SME
- Face value
- ₹10
- Issue type
- Book Building Issue
- Fresh issue
- ₹59.97 Crores
- Listing at
- BSE SME
- Registrar
- Bigshare Services
- NSE symbol
- —
GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from
What you can apply for
- Retail Minimum
- 2 lots, 1,600 shares
- 1,600
- ₹2,86,400
- Retail Maximum
- 2 lots, 1,600 shares
- 1,600
- ₹2,86,400
- S-HNI Minimum
- 3 lots, 2,400 shares
- 2,400
- ₹4,29,600
- S-HNI Maximum
- 6 lots, 4,800 shares
- 4,800
- ₹8,59,200
- B-HNI Minimum
- 7 lots, 5,600 shares
- 5,600
- ₹10,02,400
A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.
Where the money goes
- Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by our Company
- ₹22.00 Cr
- Funding our incremental working capital requirements and
- ₹23.00 Cr
- General corporate purposes
- —
What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.
Company numbers
₹47.43 Cr−75.4% on 2026
₹4.08 Cr−69.5% on 2026
₹229.36 Cr+7.3% on 2026
- June 2026
- Revenue ₹47.43
- Profit ₹4.08
- Assets ₹229.36
- 2026
- Revenue ₹193.18
- Profit ₹13.37
- Assets ₹213.72
- 2025
- Revenue ₹187.39
- Profit ₹8.30
- Assets ₹167.36
- 2024
- Revenue ₹162.81
- Profit ₹5.25
- Assets ₹147.04
In ₹ crore, for the years the offer document reports.
- ROE
- 26.87%
- ROCE
- 19.11%
- EBITDA Margin
- 15.65%
- PAT Margin
- 6.94%
- Debt to equity ratio
- 1.71
- Earning Per Share (EPS)
- ₹15.37 (Basic)
- Return on Net Worth (RoNW)
- 22.68%
- Net Asset Value (NAV)
- ₹67.63
Listed peers
- Annapurna Swadisht Limited
- P/E 8.66
- EPS 14.38
- Return on net worth 9.50%
Price to earnings, earnings per share and return on net worth, as the offer document reports them.
Who the issue is reserved for
- QIB
- 50%
- NII
- 15%
- Retail
- 35%
Share of the issue set aside for each kind of investor.
Promoters and bankers
- Promoters
- Kapil Garg and Shalini Garg
- Promoter holding
- 88.11% before the IPO, 63.64% after
- Lead managers
- Socradamus Capital Pvt.Ltd.
Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.
More SME IPOs
- Vaibhav Vyapaar IPOLists ~21 Oct
Frequently asked questions
- When does Shellz India IPO open and close?
- Bidding ran from 15 October 2026 to 19 October 2026.
- What is the Shellz India IPO allotment date?
- Allotment is out. You can check it by PAN now.
- When will Shellz India IPO list?
- It listed on 23 October 2026.
- What is the lot size and minimum investment for Shellz India IPO?
- One lot is 800 shares, so the minimum investment at the upper price of ₹179 is ₹1,43,200.
- How do I check Shellz India IPO allotment status?
- Bigshare Services has published the allotment. Use Check allotment on this page to check every PAN in your family in one go.