
Chemicals · NSE
Shanti Inorganics Limited is engaged in the manufacturing and trading of sulphur-based inorganic chemicals used across various industries. Its product portfolio includes sodium metabisulphite, sodium sulphite powder, ammonium bisulphite solution, and sodium bisulphite powder and solutions. These products are widely used as preservatives, reducing agents, oxygen scavengers, and process intermediates in industries such as oil drilling, pharmaceuticals, food and beverages, pulp and paper, and water treatment. The company operates manufacturing facilities in Vatva and Bavla, Ahmedabad, Gujarat, supporting its production capabilities and serving the diverse requirements of industrial customers.
Price Band
₹79 – ₹83
Issue Size
₹569.12 L Cr
Lot Size
1600 shares
GMP
+55.4%
Est. Listing
₹129
at current GMP
Subscribed
142.25x
overall
Open
31 Aug 2026
Close
2 Sep 2026
Allotment
3 Sep 2026
Refund
4 Sep 2026
Demat Credit
5 Sep 2026
Listing
7 Sep 2026
Last updated: 7 Sept 2026
Current Premium
Issue Price (Upper)
₹83
Band: ₹79 – ₹83
Estimated Listing Price
₹129
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,32,800
Estimated Profit / Lot
₹73,600
1600 × ₹46
Grey Market Premium trend
+₹46
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | +₹46 | 55.4% | ₹129 |
| 26 Sep 2026 | +₹46 | 55.4% | ₹129 |
| 25 Sep 2026 | +₹41 | 49.9% | ₹124 |
GMP is unofficial market data. Not a guarantee of listing performance.
Shanti Inorganics Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹56,91,200 Crores. The shares are offered at a price band of ₹79 to ₹83 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,32,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-09-05, while un-allotted funds or UPI block mandates will be released on 2026-09-04.
The latest grey market premium for Shanti Inorganics Limited IPO is ₹46, which indicates an expected listing price of ₹129.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.