Shellz India Limited
NAV/Share (₹)46.87
RONW(%)20.46
EPS (Basic) (₹)9.59
GMPFlat
Est. Listing Price₹179
Price Band₹170 - ₹179
Lot Size800 shares
Min Bid₹1,43,200
Subscription1.05x
GMP
FlatLatest GMP + upper band: ₹179
Flatno premium
Issue Amount
₹59.97 Cr
Listed Price
Awaiting Listing
Current Price
N/A (Pre-Listing)
Registrar
Bigshare Services Private Limited
IPO Schedule & Timeline
Bookbuilding IPOOpen15 Oct 2026
2
Close19 Oct 2026
3
Allotment21 Oct 2026
4
Listing23 Oct 2026
Quota Reservation Portions
AnchorPortion: 9,04,800 shares
27.01%QIBPortion: 6,04,800 shares
18.05%HNIPortion: 4,53,600 shares
13.54%RetailPortion: 10,57,600 shares
31.57%Market MakerPortion: 3,29,600 shares
9.84%Minimum Application Bracket Matrix
Retail2 lots / 1,600 shares
₹2,86,400sHNI3 lots / 2,400 shares
₹4,29,600bHNI7 lots / 5,600 shares
₹10,02,400About the Company
Shellz India Ltd. is engaged in the manufacturing and marketing of a wide range of confectionery products in India, with a diversified portfolio of over 250 SKUs across categories such as chocolate-based products, jellies, baked treats, and other confectionery items. The company also manufactures and supplies food and bakery ingredients, catering to urban, semi-urban, and rural markets through a strong distribution network. Its consumer products are marketed under two key brands—“Hugs,” which targets the mass market with offerings across baked goods, chocolates, jellies, and sugar confectionery, and “Tosca,” positioned in the mass-premium segment with differentiated products and packaging for urban consumers. As of September 30, 2025, its products are distributed through more than 200 super stockists and are available across kirana stores in around 24 states. In addition to its branded business, the company undertakes private label manufacturing for third parties and exports its products to regions including the Middle East, Southeast Asia, and Europe, supporting diversification across markets and revenue streams.
Company Promoters
Kapil GargShalini Garg
Lead Managers
Registrar
Bigshare Services Private Limited
Financial Performance
Figures in ₹ CroresMetric Breakdown
Revenue
Latest (Jun-26)₹47.43 Cr
Growth-70.9%
Revenue Trend (₹ in Crores)
Key Performance Indicators (KPIs)
Peer Comparison & Valuation
Industry BenchmarksFinancial Performance
Annapurna Swadisht Limited
NAV/Share (₹)136.68
RONW(%)6.29
EPS (Basic) (₹)9.46
Valuation
Shellz India Limited
P/E(X)0
CMP* (₹)0
Face value (₹)10.00
Annapurna Swadisht Limited
P/E(X)18.22
CMP* (₹)0
Face value (₹)10.00
Broker & Analyst Reviews
Consensus VerdictMay apply
No review summary is available yet.
No IPO review records are available for this issue yet.
IPO Allotment & Registrar Status
Official Registrar: Bigshare Services Private Limited
Basis of Allotment Scheduled
Allotment Date
21 Oct 2026Official Status
PendingRegistrar
Bigshare Services Private LimitedListing Date
23 Oct 2026Official Allotment Verification Links
Official Registrar Portal
Bigshare Services Private Limited
Direct allotment verification on the official registrar portal appointed for Shellz India Limited. Check with PAN or Application No.
Stock Exchange Portal
BSE India Investor Portal
Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.
Allotment Schedule & Milestones
Indian Standard Time (IST)1. Allotment Finalization21 Oct 2026Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date23 Oct 2026Trading commences on exchange
How to Check Shellz India Limited Allotment Online
1Open Portal
Click on the official registrar link or BSE portal button above.
2Select Company
Select Shellz India Limited from the issue drop-down list.
3Enter Details
Select PAN, Application No., or DP Client ID and type your details.
4View Allocation
Click Submit to check your allotted share count and status.
Allotment FAQs & Help
Prospectus & Official Filings
SEBI / Exchange DocumentsAbout Shellz India Limited IPO
Complete issue overview for Shellz India Limited (SHELLZ) IPO. The issue features an equity share price band of ₹170 – ₹179 per share with a minimum retail lot size of 800 Shares (minimum application amount of ₹1,43,200). Explore live market tracking on our GMP Tracker or view category bidding on the Subscription Page.