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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Shellz India Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹170 - ₹179
Per ShareLot Size
800 Shares
Minimum Investment
₹1,36,000
Issue Size
₹59.97 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
88.11%
Promoter Holding (Post-Issue)
63.64%
Issue Type
Book Building - SME
ISIN
INE0Z7301016
We are engaged in the manufacturing and marketing of confectionery products in India, with a diversified product portfolio comprising over 250+ SKUs across multiple categories, including choco delights, jellies, baked treats and other confectionery formats. We also manufacture and supply food and bakery ingredients. We focus on developing confectionery products at accessible price points and distributing them across a wide geographic footprint, including urban and semi-urban markets, as well as smaller towns and rural areas.
Our company was incorporated as a private limited company under the name "Tifosi Foods Private Limited" under the provisions of the Companies Act, 1956 vide certificate of incorporation dated May 07, 2012, issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Further, the name of our company was changed from "Tifosi Foods Private Limited" to "Shellz India Private Limited" pursuant to a special resolution passed in the extraordinary general meeting of our shareholders held on August 04, 2020 with the fresh certificate of incorporation dated on September 21, 2020 issued by the Registrar of Companies, Delhi. Thereafter, our company was converted from a private limited company to a public limited company, pursuant to a special resolution passed in the extraordinary general meeting of our shareholders held on December 12, 2024 and the name of our Company was changed to "Shellz India Limited" with a fresh certificate of incorporation dated February 04, 2025, issued to our Company by the Assistant Registrar of Companies/Deputy Registrar of Companies/ Registrar of Companies, Central Processing Centre.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of upto 33, 50,400 equity shares of face value of Rs.10/- each ("Equity Shares") for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) ("Issue Price") aggregating to Rs. [*] crores ("the Issue"). The issue will constitute [*] % of the post-issue paid up equity share capital of the company. The issue includes a reservation of up to 3,29,600 equity shares aggregating to Rs. [*] crores (constituting up to [*] % of the post issue paid-up equity share capital of the company) for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion is hereinafter referred to as the "net issue". The issue and the net issue will constitute [*]% and [*]% respectively, of the post- issue paid up equity share capital of the company. Price Band: Rs. 170/- to Rs. 179/- for equity share of face value of Rs. 10 each. The floor price is 17.00 times times the face value and cap price is 17.90 times of the face value of the equity shares. Bids can made for a minimum of 1,600 equity shares and in multiples of 800 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY23 to FY25.