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 Prideâ€. Major foreign countries to which their product is exported includes USA, Canada, Turkey, Dubai, Pakistan Sri Lanka, Spain etc.
The promoters of the company are:
1. Mr. Mukesh Kacholia,
2. Mr. Ayush Kacholia and
3. Mr. Rohan Kacholia
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.
| IPO Date | Jul 21, 2017 - Jul 26, 2017 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 2,004,000 Eq Shares of ₹10 (aggregating up to ₹10.02 Cr) |
| 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 |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹150,000 |
| Maximum | 1 | 3000 | ₹150,000 |
No. of Times Issue Subscribed (BSE + NSE) | |||
|---|---|---|---|
As on Date & Time | NII | RII | Total |
Shares Offered | 1,002,000 | 1,002,000 | 2,004,000 |
Jul 26, 2017 17:00 | |||
| 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 |
|
|
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
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 is a SME IPO of 2,004,000 equity shares of the face value of ₹10 aggregating up to ₹10.02 Crores.
The issue price of the IPO is ₹50 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.
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.
The Shanti Overseas IPO opens on Jul 21, 2017 and closes on Jul 26, 2017.
Shanti Overseas IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
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.
Shanti Overseas IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
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Top Contributor (200+ Posts, 300+ Likes)
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