Shellz India Ltd. IPO Details
Shellz India was incorporated on May 07, 2012. The company manufactures and markets a wide range of confectionery products in India, offering over 250 SKUs across categories such as chocolates, jellies, baked treats, and other confectionery formats. It also supplies food and bakery ingredients, focusing on affordable products distributed across urban, semi-urban, rural, and smaller-town markets
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 4.0 M | - | - | ₹0 | DRHP DOC |
Shellz issue details
Shellz has 4.0 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Shellz IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | BSE |
Shellz NUMBER OF SHARES ON OFFER
Shellz FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| H1FY26 | 91.9 | 6.2 | -7.4 | -10.2 | 14.9% |
| FY25 | 187.0 | 8.3 | 25.8 | 19.5 | 12.2% |
| FY24 | 162.4 | 5.3 | 8.9 | 4.9 | 11.7% |
| FY23 | 158.5 | 3.2 | 1.9 | -1.4 | 9.7% |
Shellz INFORMATION ON IPO ISSUE
About Shellz
Shellz India was incorporated on May 07, 2012. The company manufactures and markets a wide range of confectionery products in India, offering over 250 SKUs across categories such as chocolates, jellies, baked treats, and other confectionery formats. It also supplies food and bakery ingredients, focusing on affordable products distributed across urban, semi-urban, rural, and smaller-town markets
Object of the Issue
- Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by the company
- Funding their incremental working capital requirements
- General corporate purposes
Shellz - PROMOTERS
| Name |
|---|
| Kapil Garg |
| Shalini Garg |
Shellz - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Kapil Garg | Chairman & Managing Director |
| Shalini Garg | Non-Executive Director |
| Sapna Tomar | Independent Director |
| Narinder Sethi | Independent Director |
Shellz Book Running Lead Manager
Socradamus Capital Private Limited
mb@socradamus.in
Shellz Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Shellz Strengths
Extensive stockist network
The company utilizes a super stockist-led distribution model with over 200 super stockists, enabling extensive reach across urban, semi-urban, and rural markets in India. This scalable and cost-efficient network supports broad product availability, efficient market coverage, and geographic expansion while allowing the company to focus on manufacturing and product development
Diversified product portfolio
The company develops differentiated confectionery products across multiple categories, formats, and price points, catering to diverse consumer preferences and consumption occasions. Its portfolio includes innovative offerings and premium products under the Tosca brand, enabling it to serve both mass-market and premium segments while expanding its product reach
Integrated manufacturing capabilities
The company’s product development is supported by an in-house team of food and packaging technologists who manage formulation, testing, packaging design, and commercialization. This integrated approach enables efficient product innovation, seamless coordination with manufacturing, and consistent quality across product categories and formats
Shellz Risks
Food safety & quality risk
The company is exposed to risks of product contamination, deterioration, labeling errors, improper storage, and non-compliance with food safety standards throughout its supply chain and manufacturing process. Any such incident could result in regulatory action, legal liability, reputational damage, product recalls, and adverse effects on business performance and financial results
Regulatory risks
The company is subject to various food safety, environmental, health, and operational regulations governing its manufacturing activities. Any failure to comply with applicable laws, standards, or licensing requirements could result in penalties, regulatory actions, operational disruptions, and adverse effects on its business, financial condition, and results of operations
Competition
The company operates in a highly competitive and price-sensitive confectionery market, facing competition from organized, regional, multinational, and unorganized players. Intense pricing pressure may limit its ability to increase product prices, potentially affecting sales volumes, market share, profit margins, cash flows, and overall financial performance
IPO FAQs
The promoters of the company are Kapil Garg and Shalini Garg.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.