Shanti Overseas (India) Limited IPO (Shanti Overseas IPO) Detail

Jul 21, 2017 - Jul 26, 2017

Incorporated in 2011, Shanti Overseas (India) Limited is engaged in the business of organic Soybean, Soymeal and by products. Company manufacture soya products which includes, soya de-oiled cakes (soya meal), soya crude oil, degummed oil and soya lecithin. They are also into primary processing and trading of agri commodities such as chickpeas, soyabeans, cracked corn, maize, yellow peas, pulses etc.

Soil's leading export house based in central India (Indore) with overseas operations covering from USA to EUROPE. Company is in process of setting up a processing plant in the area of Dhannad, dist. Indore, for production of edible partially deffated organic Soya Flour, textured Soy Protein, expeller pressed physical refined oil and Organic Soya Lecithin. Company's major source of revenue is from the exports of soya products and agri-commodities. They markets garbanzo bean (kabuli chana) primarily under their registered brand name “Kitchen Pride”. Major foreign countries to which their product is exported includes USA, Canada, Turkey, Dubai, Pakistan Sri Lanka, Spain etc.

Company Promoters:

The promoters of the company are:

1. Mr. Mukesh Kacholia,
2. Mr. Ayush Kacholia and
3. Mr. Rohan Kacholia

Objects of the Issue:

The object of the issue are:

1. To purchase machinery for proposed Soyabean processing plant at Dhannad, Dist. Indore, Madhya Pradesh;
2. To make investment in Subsidiary Company, Shaan Agro Oils & Extractions Private Limited;
3. To meet General Corporate Expenses;
4. To meet Issue Expenses.

Shanti Overseas IPO Details

IPO Opening Date	Jul 21, 2017
IPO Closing Date	Jul 26, 2017
Issue Type	Fixed Price Issue IPO
Face Value	₹10 per equity share
IPO Price	₹50 per equity share
Market Lot	3000 Shares
Min Order Quantity	3000 Shares
Listing At	NSE SME
Issue Size	2,004,000 Eq Shares of ₹10 (aggregating up to ₹10.02 Cr)

Shanti Overseas IPO Lot Size

The Shanti Overseas IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹150,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	3000	₹150,000
Maximum	1	3000	₹150,000

Shanti Overseas IPO Subscription Status (Bidding Detail)

The Shanti Overseas IPO is subscribed times on Jul 26, 2017 17:00. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
NII
RII
Total

Shanti Overseas IPO Prospectus

› Shanti Overseas IPO RHP

Shanti Overseas IPO Rating

133

3.8

Rating:

Vote Here ...

Shanti Overseas IPO Listing Date

Listing Date	Thursday, August 3, 2017
BSE Script Code
NSE Symbol	SHANTI
Listing In
ISIN	INE933X01016
IPO Price	₹50 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

	NSE SME
IPO Price:	₹50.00
Open:	₹60.00
Low:	₹41.00
High:	₹60.00
Last Trade:	₹42.90
Volume:	1,032,000

Shanti Overseas IPO Reviews / Ratings

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Company Contact Information

Shanti Overseas (India) Limited
215-216, Vikram Tower,
1st Floor,
Indore-452001

Phone: +91-731-4020596/586/587
Email: mail@shantioverseas.com
Website: http://www.shantioverseas.com

Shanti Overseas IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: soil.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Shanti Overseas IPO Lead Manager(s)

Hem Securities Limited

Lead Manager Reports

Shanti Overseas IPO FAQs

What is Shanti Overseas IPO?

Shanti Overseas IPO is a SME IPO of 2,004,000 equity shares of the face value of ₹10 aggregating up to ₹10.02 Crores. The issue is priced at ₹50 per equity share. The minimum order quantity is 3000 Shares.

The IPO opens on Jul 21, 2017, and closes on Jul 26, 2017.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
When Shanti Overseas IPO will open?

The Shanti Overseas IPO opens on Jul 21, 2017 and closes on Jul 26, 2017.
What is the lot size of Shanti Overseas IPO?

Shanti Overseas IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
How to apply for Shanti Overseas IPO?

You can apply in Shanti Overseas IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Shanti Overseas IPO allotment?

The finalization of Basis of Allotment for Shanti Overseas IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shanti Overseas IPO allotment status.
When is Shanti Overseas IPO listing date?

The Shanti Overseas IPO listing date is on Thursday, August 3, 2017.

Shanti Overseas IPO Message Board

Ranked Members

64. TOPS |Sep 1, 2017 23:42

ANYBODY WHEN WILL RESULT FOR QE 30/06/2017 WILL BE OUT ?

COMPANY MGMT & LEAD MANAGER RIDING ON THE SCRIP & MAKING MONEY AT THE COST OF POOR SHAREHOLDER.

IN AN INTERVIEW TO CNBC DORECTOR IS TALKING OF VALUE ADDITION THEY SHOULD LOOK AT THE PERFORMANCE OF THIER SHARES. SINCE LISTING , HOW MUCH INVESTOR''S VALUE IS ERODED
POORLY MANAGED COMPANY

INTENTION IS VERY CLEAR BUYING SHARE FROM MARKET @ SUBSTANTIAL DISCOUNT TO ISSUE PRICE FROM SHAREHOLDER.

SHAME. SHAME. SHAME

63. TOPS |Aug 30, 2017 11:14

TOP UNDERPERFORMER

SELLER OUTNUMBER BUYER EVEV AT RS 30 /=
Sell for target Rs25 & 20 Eventually touching Rs 9/=
Worst management should be awarded for greatest wealth destroyer

62. TOPS |Aug 29, 2017 14:19

INVESTMENT IN SUCH CO IS ALWAYS PROFITABLE FOR PROMOTER AS THEIR INTENTION TO MAKE MONEY FROM MARKET RATHER THAN FROM THEIR MAIN BUSINESS INVESTOR WHO HAD APPLIED IN IPO @Rs50/= till than it is going down one way PRESENTLY QUOTING @ 30.75

May ask management why Issue price in IPO FIXED @Rs 50 /= when it''s intrinsic value is not even Rs 30/= currently quoting @ 30.75. ERODING VALUE OF SMALL INVESTOR

IS COMPANY''s Financial pisition is worsen since WENT PUBLIC IN JULY 2017

61. TOPS |Aug 29, 2017 10:02

BETREYAL. BETREYAL BETREYAL

WHAT IS THE TRUE VALUE OF COMPANY''S SHARE IS SHOWN AFTER LISTING ALMOST 50% OF INVESTMENT IS ERODED
IS COMPANY''S FINANCIAL PERFORMANCE IS SO POOR FOR QE 30 TH JUNE2017 , QUALITY OF MANAGEMENT IS SO POOR OR MANAGEMENT & TRANSFER AGENTS ARE PLAYING WITH SHAREHOLDER''S MONEY WHO PUT FAITH ON THEM

WILL MANAGEMENT GIVE SOME CLARUFICATION TO SHAREHOLDER ON ABOVE POINTS

INVESTOR WILL NEVER FORGIVE U FOR YOUR MISDEED
JUST WRITING SREE RAM OB LETTER HEAD IS NOT ENOUGH U HAVE TO LIVE BY THAT

I HOPE MANAGEMENT WILL UNDERSTAND & REPLY HOW THEY DUPED HARD EARN MONEY OF SMALL INVESTOR
IF U HAVE LITTLE SHAME PL POST YOUR COMMENTS ON TH8S BOARD

60. TOPS |Aug 12, 2017 19:22

WHAT ABOUT SHANTI OVERSEAS DO YOU SEE SCRIP GOING ABOVE ISSUE PRICE ANYTIME SOON IN FUTURE

BY NOW ALL WEAK HANDS MUST HAVE EXITED, THAN WHY EVERY DAY SELLER ARE MORE THAN BUYER EVEN @ 25 % DISCOUNT TO ISSUE PRICE , STRANGE ???

59. TOPS |Aug 12, 2017 19:04

AT CURRENT MARKET PRICE THE SCRIP IS AVAILABLE AT P/E OF 7.18 AGAINST INDUSTRY AVERAGE OF 39 PLUS

On performance front, the company has (on standalone basis) reported turnover/net profits of Rs. 89.28 cr. / Rs. 0.33 cr. (FY13), Rs. 104.92 cr. / Rs. 0.48 cr. (FY14), Rs. 71.52 cr. / Rs. 0.70 cr. (FY15), Rs. 91.04 cr. / Rs. 1.87 cr. (FY16) and Rs. 115.88 cr. / Rs. 3.79 cr. (FY17). As per prospectus, its FY17 restated performance on consolidated basis remains same as standalone. Despite declined top line for FY15 and FY16, it reported higher net. If we attribute latest earnings on fully diluted equity post issue, then asking price is at a P/E of 9.7 (against industry average of 39 plus) and at a P/BV of 3.14. Companyâ€™s average RoNW for last three fiscal is 39.17%.

58. Kick |Aug 10, 2017 10:04

SIS preopen 1049...

57. TOPS |Aug 8, 2017 11:11

Great stock to sell at any price u make money

It is pehaps best stock sell in bull market
Those who r bearish on this scrip is sure to make money.

Sell sell stop not till it reaches single digit

56. TOPS |Aug 4, 2017 18:54

NEVER SUBSCRIB TO IPO IN WHICH HEM IS A LEAD MANAGER

IF U SEE DATA OF LAST TWO DAYS MORE THAN 2 LACS SHARES SELL ORDER OUTSTANDING AT ANY POINT OF TIME THERE IS HEAVY SELLING ON THIS COUNTER SINCE LISTING
LEAD MANAGER , MARKET MAKER & MANAGEMENT ARE WATCHING THIER SHARES ARE BUTTCHERED DAILY & MAKING NEW LOW

THERE IS NO HOPE FOR SHAREHOLDER IN THIS COMPANY
ONE SHOULD LOOK FOR BETTER MANAGED COMPANY & NEVER APPLY IPO LEAD BY HEM
SECURITY QUITE BEFORE IT TOUCH SINGLE DIGIT

GOODBYE TO HEM & SHANTI CARRY ON YOUR CIRCUS IN STICK MARKET AT THE COST OF POOR INVESTOR
MINDWELL SHOW WILL NOT RUN FOR LONG

Load more comments (1 replies)

56.2. TheLearner |Aug 6, 2017 19:41

HEM SECURITIES HAVE NO SHAME. MADE PROFIT IN ACCORD BY SELLING 96000 SHARES @ 86 NOT PRICE IS LESS THAN 60.
LOOTED INVESTOR IN LAXMICOT WHICH WAS ALSO MASSIVELY SUBSCRIBED NOW THERE R NO BUYERS @ 15 RS ISSUE PRICE 20.
N NOW SHANTI OVERSEAS... ISSUED @ 50 NOW STRUGGLING @ 41

56.3. NPT |Aug 6, 2017 20:59

Top Contributor (200+ Posts, 300+ Likes)

Hem Securities was also Lead Manager in someof the recently concluded ipo like Valdibhare, Dev IT, Global Ed, RMC, etc where return is very very good.
IMO, if people don''t sell in panic there would be good return in Shanti also.
Let us see its performance tomorrow.

55. Aaliya Bhatt |Aug 6, 2017 19:52

Latest SIS Premium GMP 150-155 Only Buyers

54. STOCKT |Aug 4, 2017 12:38

They are into soya business..never understand such business and too risky. Those alloted should exit and move to better sme to recover their losses

54.1. Meet D Shah |Aug 4, 2017 15:09

100% Agree With U Sir .... Unfortunately Allotted and Sold Tomorrow in Loss .....

53. STOCKT |Aug 4, 2017 11:40

It''s hem securitied who has habit to sell their shares in market. In fact being market maker they are cheaters.better to stay away from any new hem securities sme

52. TOPS |Aug 4, 2017 11:26

WE HAVE ALREADY SEEN 1 L/C YESTERDAY WHEN SCRIP TOUCHED RS. 40/-
THE WAY IT IS MOVING TODAY WE MAY SEE ON MORE L/C VERY SHORTLY
WILL CONGRATULATE MGMT & LEAD MANAGER FOR DISTINCT ACHIVEMENT

51. abbas |Aug 4, 2017 11:11

When will be 2 U/C of shanti ?????

50. SecTheta |Aug 1, 2017 13:16

Those who got allotments should hold this for 2 UCs atleast. Good luck!

Load more comments (1 replies)

50.2. TOPS |Aug 3, 2017 21:16

Dear Prabhkaran sir
Great disappointment on listing shanti overseas
Your view post listing _ shanti overseas

Huge selling on thr counter despite good financials

LEAD MANAGER _ ADD ONE MORE company TO IT''s negative listed securities

50.3. abbas |Aug 4, 2017 11:09

When will be 2 U/C of shanti????

49. TOPS |Aug 4, 2017 10:12

LEAD MANAGER & MANAGEMENT SHOULD BE ASHAMED OF FIXING PRICE BAND MARKET HAS GIVEN SLAP ON THEIR FACE BY SHOWING THIER TRUE VALUE I THINK THEY WILL UNDERSTAND HIDDEN MEANING IF THEY FEEL PRICE WHAT MKT IS QUOTUNG IS UNDERVALUED THAN THEY SHOULD SUPPORT & PROTECT COMPANY REPUTATION

48. Ahmedabadi Investor |Aug 3, 2017 22:51

LM - Hem Securities is a big culprit. All of their IPOs which are not fancy will go below IPO price and those which are fancy will get subscribed more than 40 times will go for UC for one or two.

One shall boycott all the IPOs of Hem Securities. A new slogan for SME IPO is "Beware of Hem IPOs"

48.1. KHATRI |Aug 3, 2017 23:04

Very true. We all have burnt fingers in many ipos of hem - Laxmi Cot, Adv syntex, Shanti.

Now its high time and better avoid Hem in all their ipos.

Pantomath, Sarthi & aaryaman are the best.

47. Mutyala Ramalingachowdary |Aug 3, 2017 19:51

My aplycation no 80000401 have no allotment but not unblocked the Amount ware can I verify

46. addy A |Aug 3, 2017 19:26

What happens to Shanti?
Why it is falling drastically, where other avoidable SME IPOs has given good returns...

45. TOPS |Aug 3, 2017 18:44

LUCKY PEOPLE DID NOT GET ALLOTMENT

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