Shellz India Limited IPO

open · BSE · Bookbuilding IPO

Shellz India Limited IPO is a ₹59.97 crore book-built issue on BSE with a price band of ₹170–₹179 per share, open for bidding from 15 Oct 2026 to 19 Oct 2026.

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Company overview

Website
https://www.shellz.in/

IPO overview

Shellz India Limited is raising ₹59.97 crore through a book-built issue, made up entirely of new shares, so the proceeds go to the company.

Bids are accepted within a price band of ₹170–₹179 per share (face value ₹10); the final issue price is set within this band after bidding closes.

The shares are proposed to be listed on BSE.

Socradamus Capital Pvt.Ltd. is the book-running lead manager and Bigshare Services Pvt.Ltd. is the registrar, which processes applications, allotment and refunds.

Stated objects of the issue: Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by our Company Funding our incremental working capital requirements and General corporate purposes.

Issue type
Bookbuilding IPO
Issue structure
Fresh capital only
Issue size
₹59.97 crore
Price
₹170–₹179 per share
Face value
₹10 per share
Exchange
BSE
Lead manager
Socradamus Capital Pvt.Ltd.
Registrar
Bigshare Services Pvt.Ltd.

IPO timeline

  1. Bidding opens 15 Oct 2026
  2. Bidding closes 19 Oct 2026
  3. Basis of allotment 21 Oct 2026
  4. Refunds / unblocking 22 Oct 2026
  5. Shares credited to demat 22 Oct 2026
  6. Listing 23 Oct 2026

Bidding opened on 15 Oct 2026 and closes on 19 Oct 2026.

After bidding, the basis of allotment is due on 21 Oct 2026, refunds / unblocking of funds are due on 22 Oct 2026 and shares are due to be credited to demat accounts on 22 Oct 2026.

Listing is scheduled for 23 Oct 2026.

Subscription summary

As of 16 Oct 2026, the issue was subscribed 0.89× overall.

By category: qualified institutional buyers (QIB) 0.00×, non-institutional investors (NII) 2.18× and retail investors 0.85×.

Recorded day by day: 15 Oct 0.76× and 16 Oct 0.89×.

CategorySubscribed (as of 16 Oct 2026)
QIB0.00×
NII2.18×
Retail0.85×
Overall0.89×

Grey market premium (unofficial)

The last grey market premium (GMP) we recorded for this issue was ₹25 on 18 Oct 2026, equal to 14.0% of the upper price band.

  • GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.

Allotment

Allotment status should become available on or after 21 Oct 2026.

The registrar, Bigshare Services Pvt.Ltd., processes allotment; check status on its website or the exchange's application-status page.

Offer documents

Where the offer document differs from any figure on this page, the document prevails.

Sources and data methodology

NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain live subscription report (third-party); InvestorGain grey market report (unofficial); Chittorgarh allotment calendar. Methodology · Report an error

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