Shanthala FMCG Products Limited

Company Profile
Company Name Shanthala FMCG Products Limited
Open Date 27-10-2023
Close Date 31-10-2023
Exchange NSE SME
Lot Size 1,200 Shares
Issue Price ₹91 per share
Issue Size 17,66,400 Equity Shares
Application Amount ₹ 1,09,200
Recommendation Avoid
Shanthala FMCG Products Limited was originally incorporated in the year 1996 and has its registered office in Karnataka. The company is an FMCG product distributor for largesize FMCG Companies in India for whom they distribute branded packaged foods, personal care products, Education and Stationery products, Matches and Agarbatti, and tobacco products. The company strives to bring the best global products to its customers by providing last-mile connectivity to large consumer product companies. At present the company’s area of operation is in the district of Coorg, Karnataka. As of 30th September 2023, the Company has 26 fulltime employees, and 5 workers on a daily wage basis on its payroll.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 569.67 615.79 657.21
Net Assets 120.97 125.49 143.22
Total Borrowings 405.56 466.19 447.04
Total Revenue 3,955.67 3,254.57 4,077.25
Profit After Tax 14.41 4.52 17.67

Tentative Timeline

Opening Date 27-10-2023
Closing Date 31-10-2023
Basis of Allotment 03-11-2023
Initiation of Refunds 06-11-2023
Credit of Shares to Demat 07-11-2023
Listing Date 08-11-2023

Objects of the Issue

Funding additional working capital requirements
General Corporate Purposes

Contact Information

Registered Office Shanthala FMCG Products Limited 7th Block, Gandhinagr Bye Pass Road Virajpet Kodagu - 571218
Phone +91 82742 98999

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Retail Shares Offered 50% of the Net issue
Other Shares Offered 50% of the Net issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 77.44%
Share Holding Post Issue (Promoters) 57.01%

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