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Open
21 Jul 2017
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Close
26 Jul 2017
3
Allotment
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Listing
Thu, Aug 3, 2017
Price Band
₹50 per share
Issue Size
20,04,000 shares (agg. up to ₹10 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Aug 3, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 15.19x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 36.20 | 35.07 | 15.07 |
| Total Income | 115.88 | 91.04 | 71.52 |
| Profit After Tax | 3.79 | 1.87 | 0.71 |
| NET Worth | 8.58 | 4.79 | 2.91 |
| Reserves and Surplus | 4.98 | 4.19 | 2.31 |
| Total Borrowing | 24.01 | 26.04 | 11.10 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Prime Customer Services Ltd. | SME | ₹7.28 Cr | ₹60 | null | ₹169.00 | +181.67% | ₹198.95 (-0.23%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To purchase machineries for the proposed Soyabean processing plant at Dhannad, Dist. Indore, Madhya Pradesh | 2.74 |
| 2 | To make investment in the Subsidiary Company, Shaan Agro Oils & Extractions Private Limited | 4.55 |
| 3 | To meet General Corporate Expenses | 1.93 |
About Shanti Overseas IPO
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.+ Read More
Contact Details
Shanti Overseas (India) Ltd. Address215-216, Vikram Tower1st FloorIndore, Madhya Pradesh, 452001+91-731-4020596/586/587mail@shantioverseas.comVisit Website