SHELLZ
SHELLZ INDIA LIMITED
- IPO Status
- Closed
- Open Date
- 15 Oct 2026
- Close Date
- 19 Oct 2026
IPO Details
- Min. Investment
- ₹2,86,400
- Price Band
- ₹170 - ₹179
- Lot Size
- 800 shares
- Issue Size
- ₹60 Cr
- Face Value
- 10
- IPO Doc
- RHP PDF
About
Shellz India makes affordable confectionery for North India and will use IPO funds for its working capital needs.
- Listing At
- BSE
- Issue Type
- SME
Schedule
- IPO open15 Oct 2026
- IPO close date19 Oct 2026
- Allotment date21 Oct 2026
- Funds unblock or debit22 Oct 2026
- Listing date23 Oct 2026
Financial Performance
- Revenue
- Profit
Stocks similar to SHELLZ
- Annapurna Swadisht Limited
Business & Strengths
Key things to know about the company
- What they do: Shellz India makes and sells confectionery like candies, jellies, and chocolates, primarily in North India.
- How they make money: Sells its 'Hugs' and 'Tosca' brand products to consumers in Tier II and III cities through a distributor network.
Use of Proceeds
How the company plans to use the ₹44 cr raised
| Purpose | INR crores (%) |
|---|---|
| 21.51 (48.89%) | |
| 22.49 (51.11%) |
Subscription
Subscription numbers (in shares) as of 05:30 PM on October 21, 2026
| Category | Reserved | Applied | Subscription (X times) |
|---|---|---|---|
| Retail | 10.57 L | 0 | 0.00x |
| HNI | 4.53 L | 0 | 0.00x |
| QIB | 15.1 L | 0 | 0.00x |
| Total | 30.21 L | 0 | 0.00x |
FAQs
SHELLZ INDIA LIMITED IPO is a SME IPO aggregating up to ₹60 Cr, with equity shares of face value ₹10 each. The shares are proposed to be listed on BSE.
The SHELLZ INDIA LIMITED IPO opened on 15 Oct 2026 and closed on 19 Oct 2026. IPO Period: 15 Oct 2026 – 19 Oct 2026.
The price band for the SHELLZ INDIA LIMITED IPO is ₹170 to ₹179 per share. Investors can bid within the specified price band, subject to the applicable IPO rules.
The minimum lot size is 800 shares. At the upper price band of ₹179, the minimum investment required is ₹2,86,400.
Particular Details Lot Size 800 shares Minimum Application 1,600 shares Price Band ₹170 – ₹179 Minimum Investment ₹2,86,400 Here is the timeline for the SHELLZ INDIA LIMITED IPO:
IPO Event Date IPO Opens 15 Oct 2026 IPO Closes 19 Oct 2026 UPI Mandate Deadline 19 Oct 2026, 5:00 PM Basis of Allotment 21 Oct 2026 Refund Initiation 22 Oct 2026 Shares Credited 22 Oct 2026 Listing Date 23 Oct 2026 The basis of allotment for the SHELLZ INDIA LIMITED IPO is expected to be finalised on 21 Oct 2026. Investors can check their allotment status through the registrar or relevant stock exchange website using their application details.
The equity shares of SHELLZ INDIA LIMITED are proposed to be listed on BSE. Proposed Listing Date: 23 Oct 2026.
The company plans to use the IPO proceeds for:
Purpose Amount Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by our Company; ₹21.51 Cr (48.89%) Funding our incremental working capital requirements; and ₹22.49 Cr (51.11%) The key financial performance of SHELLZ INDIA LIMITED is:
Financial Year Revenue Profit FY24 ₹162.41 Cr ₹5.25 Cr FY25 ₹186.97 Cr ₹8.88 Cr FY26 ₹192.7 Cr ₹13.11 Cr Revenue CAGR: 8.9% | Profit CAGR: 58%. Figures are as disclosed in the company's offer documents.
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