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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.
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 Date | Jul 21, 2017 to Jul 26, 2017 |
| Shanti Overseas IPO Face Value | ₹10 per share |
| Shanti Overseas IPO Price | ₹50 per share |
| Shanti Overseas IPO Lot Size | 3000 Shares |
| Issue Size | 2,004,000 shares of ₹10 (aggregating up to ₹10.02 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | The promoters of the company are: 1. Mr. Mukesh Kacholia, |
The Shanti Overseas IPO 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 |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹150,000 |
| Retail (Max) | 1 | 3000 | ₹150,000 |
Investors may consider investment for short to long term in Shanti Overseas NSE SME IPO. Read detail review...
The Shanti Overseas IPO is subscribed times on Jul 26, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | |
| Retail | |
| Total |
| Listing Date | Thursday, August 3, 2017 |
| BSE Script Code | |
| NSE Symbol | SHANTI |
| Listing In | |
| ISIN | INE933X01016 |
| IPO Price | ₹50 per share |
| Face Value | ₹10 per share |
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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
Phone: +91-22-4918 6270
Email: soil.ipo@linkintime.co.in
Website: https://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 is priced at ₹50 per 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.
The Shanti Overseas IPO opens on Jul 21, 2017 and closes on Jul 26, 2017.
Shanti Overseas IPO lot size is 3000 Shares and the minimum order quantity is .
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.
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.
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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