Market capitalisation is the post-issue share count in the offer document’s capital structure (1,65,56,200 shares) multiplied by the upper end of the price band, ₹83. It is arithmetic on those two filed figures, not a valuation.
The post-issue ring is the register this issue’s RHP discloses. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.
The minimum application is 3,200 shares, ₹2,65,600 at the ₹83 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.
Shanti Inorganics IPO Strengths & Risks as disclosed in the DRHP
▲ Strengths (7)
The company exports its products to various geographies, demonstrating geographical diversification.
The company has long-standing relationships with a diverse customer base across multiple industries.
The company's manufacturing facilities are strategically located near key raw material suppliers.
The company holds several quality certifications, including ISO 9001:2015, NSF, Kosher, Halal, and HACCP.
The company's management team has significant experience in the inorganic chemical industry.
The company has demonstrated consistent business growth and financial performance.
The company is expanding its manufacturing capacity to meet increasing demand and enhance operational efficiency.
▼ Risk factors (7)
The company derives a substantial portion of its revenue from the food and beverages, oil-field, and chemical industries, making it vulnerable to declines in these sectors.
The company's inability to acquire new customers or retain existing major customers could materially impact its business.
The company does not maintain long-term contractual arrangements with most customers, increasing the risk of losing key customers.
A substantial portion of revenue is derived from exports, exposing the company to risks associated with international markets.
A significant increase in raw material costs, not matched by product pricing, could adversely affect profit margins.
The company has not made long-term supply arrangements with suppliers, creating a risk of material adverse effects on operations and profitability.
Any disturbance, slowdown, or shutdown of the company's manufacturing facilities could adversely impact its business operations and financial conditions.
How to check Shanti Inorganics IPO allotment status
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Shanti Inorganics Limited, the registrar is Kfin Technologies Ltd. — allotment is finalised in the days between the issue closing on 02 Sept 2026 and listing on 07 Sept 2026.
By Kfin Technologies; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Fri, 04 Sept, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Mon, 07 Sept, 2026
NSE SME · trading from 10:00 am IST
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.
Shanti Inorganics IPO Allotment Status FAQs
When is Shanti Inorganics IPO allotment date?
Allotment for the Shanti Inorganics Limited IPO is expected to be finalised on 3 September 2026, the trading day after the issue closes on 2 September 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 4 September 2026 and the shares list on 7 September 2026. Dates are tentative until the registrar and exchange confirm them.
How to check Shanti Inorganics IPO allotment status?
Allotment is decided and published by the registrar, Kfin Technologies Ltd. — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.
Who is the registrar of Shanti Inorganics IPO?
The registrar to the Shanti Inorganics Limited IPO is Kfin Technologies Ltd.. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.
What happens if I do not get allotment?
The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.
Shanti Inorganics IPO Registrar where allotment and refund queries go
RegistrarKfin Technologies Ltd.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the Shanti Inorganics IPO ASBA and UPI, as SEBI sets them
Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
Choose the number of lots and bid at the cut-off price. SME issues take a minimum application of two lots, so the smallest valid bid is the amount shown in the lot table above.
If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (02 Sept 2026).
One application per PAN. A second application under the same PAN is rejected, and both may be.
After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, Kfin Technologies Ltd., not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹54 on a ₹83 upper band means the grey market is dealing at ₹137.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.