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Open
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Close
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Allotment
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Listing
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Issue Size
40,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 198.58 | 167.36 | 147.04 | 127.97 |
| Total Income | 92.10 | 187.39 | 162.81 | 158.77 |
| Profit After Tax | 6.19 | 8.30 | 5.25 | 3.19 |
| EBITDA | 13.67 | 22.79 | 18.94 | 15.31 |
| NET Worth | 51.77 | 40.58 | 26.99 | 21.74 |
| Reserves and Surplus | 51.04 | 39.89 | 26.35 | 21.10 |
| Total Borrowing | 91.16 | 96.90 | 70.93 | 66.58 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Crazy Snacks Ltd. | SME | ₹31.47 Cr | ₹42 | 11.9 | ₹45.67 | +8.74% | ₹53.01 (-6.97%) |
| Astron Multigrain Ltd. | SME | ₹18.40 Cr | ₹63 | 17.09 | ₹47.88 | -24.00% | ₹18.50 (-2.84%) |
| SSMD Agrotech India Ltd. | SME | ₹34.09 Cr | ₹121 | 13.16 | ₹76.65 | -36.65% | ₹59.82 (+0.00%) |
| Ganesh Consumer Products Ltd. | Mainboard | ₹408.80 Cr | ₹322 | 33.06 | ₹294.30 | -8.60% | ₹171.84 (+0.61%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by our Company | 22.00 |
| 2 | Funding our incremental working capital requirements and | 23.00 |
| 3 | General corporate purposes | |
| Total | 45.00 |
About Shellz India IPO
Shellz India Ltd. is engaged in the manufacturing and marketing of a wide range of confectionery products in India, supported by a diversified portfolio of over 250 SKUs. These offerings span across multiple categories, including chocolate-based products, jellies, baked treats, and other confectionery formats. In addition, the company manufacture and supply food and bakery ingredients, catering to urban and semi-urban markets, as well as smaller towns and rural areas, leveraging an extensive distribution network. It market its consumer products under two key brands: Hugs and Tosca. The flagship Hugs brand is positioned for the mass market and includes products across four primary categories: baked treats, chocolate-based confectionery, jellies, and panned and sugar confectionery. As of September 30, 2025, its products are distributed through a network of over 200 super stockists and are available across kirana outlets in approximately 24 states. The Tosca brand is positioned toward the mass-premium segment, offering products at relatively higher price points. This brand targets urban consumers with differentiated formats and packaging. In addition to the branded consumer business,
Contact Details
Shellz India Ltd. Address39/35, 2nd Floor, Main Rohtak Road,Near Shivaji Park Metro Station, West Punjabi BaghShivaji ParkWest Delhi, New Delhi, 110026011 4850 4850investor@shellz.inVisit Website