Shelter Pharma Limited IPO Detail
Incorporated in 2007, Shelter Pharma Limited, previously known as Shelter Pharmacy, is engaged in the business of manufacturing herbal products in Human Pharma as well as the Veterinary space.
The company manufactures herbal medicines that cover veterinary, poultry, and human health care. Headquartered in Himmatnagar, Gujarat, the aim of the company is to offer cost-effective and superior solutions to the health problems of humans and animals.
There is a comprehensive range of health supplements offered by the company for the betterment of humans and poultry. Ayurveda meets modernity - This is the driving force behind the company.
Shelter Pharma's product list includes Human Healthcare products such as Lemonade Barley Water, Sherolax, Baldeepak, and Stonyl Tablets and Veterinary Healthcare products such as Agrical Powder, Lactocal gel, Shelodex Ultra Ointment.
Shelter clientele comes from rural/semi-urban markets.
Company Promoters
IPO Details
| IPO Opening Date | Aug 10, 2023 |
| IPO Closing Date | Aug 14, 2023 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹42 per equity share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | BSE SME |
| Issue Size | ₹16.03 Cr |
| Fresh Issue | ₹16.03 Cr |
| Offer for Sale | - |
| Retail Portion | 50% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 0.00x | 0.00x | 0.00x | |
| Day 2 | - | - | 0.12x | 1.97x | 1.10x | |
| Day 3 | - | - | 0.45x | 5.62x | 3.21x | |
| Day 4 | - | - | 6.59x | 22.28x | 15.25x |
IPO Tentative Timetable
The Shelter Pharma Limited IPO open date is Aug 10, 2023, and the close date is Aug 14, 2023. The issue may list on Aug 23, 2023.
| IPO Open Date | Aug 10, 2023 |
| IPO Close Date | Aug 14, 2023 |
| Basis of Allotment Date | Aug 18, 2023 |
| Initiation of Refunds | Aug 21, 2023 |
| Credit of Shares to Demat Account | Aug 22, 2023 |
| IPO Listing Date | Aug 23, 2023 |
IPO Lot Size
The Shelter Pharma Limited IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹126000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹126000 |
| Maximum | 1 | 3000 | ₹126000 |
IPO Promoter Holding
| Pre Issue Share Holding | 84.92% |
| Post Issue Share Holding | 56.89% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 1020.24 | 2248.86 | -23.88 |
| 31-Mar-22 | 1283.93 | 3005.84 | 183.70 |
| 31-Mar-23 | 2144.90 | 3615.51 | 578.33 |
Objects of the Issue:
The company intends to utilize the net fresh issue proceeds for the following objects:
a) Working capital requirements and
b) General corporate purposes.
Shelter Pharma Limited IPO Registrar:
Bigshare Services Pvt Ltd
Shelter Pharma Limited IPO Lead Manager(s):
Gretex Corporate Services Limited
Company Contact Information:
Shelter Pharma Limited
Shelter Nagar,
Near S. T. Bus Stand,
Himmatnagar -383001
