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Shelter Pharma IPO: From Subscribing on Day One to GMP Status – 10 Important Things to Know

Shelter Pharma IPO: Shelter Pharma’s initial public offering (IPO) opened for subscription on Thursday, August 10th and was 1.10 times subscribed by the close of the session. Shelter Pharma is a small and medium-sized enterprise (SME) whose IPO will remain open to investors through Monday, August 14th. Based in Gujarat, the company is engaged in the manufacture of herbal products in human pharmaceutical and veterinary fields.

Shelter Pharma IPO: Shelter Pharma’s initial public offering (IPO) opened for subscription on Thursday, August 10th and was 1.10 times subscribed by the close of the session. Shelter Pharma is a small and medium-sized enterprise (SME) whose IPO will remain open to investors through Monday, August 14th. Based in Gujarat, the company is engaged in the manufacture of herbal products in human pharmaceutical and veterinary fields.

The company manufactures herbal medicines for veterinary, poultry and human medicine. Shelter Pharma’s product list includes human health products such as Sherolax Lemonade, Barley Water, Baldeepak, and Stonyl tablets, as well as veterinary health products such as Agri Powder, Lactocal Gel, and Shelodex Ultra Ointment.

The company manufactures herbal medicines for veterinary, poultry and human medicine. Shelter Pharma’s product list includes human health products such as Sherolax Lemonade, Barley Water, Baldeepak, and Stonyl tablets, as well as veterinary health products such as Agri Powder, Lactocal Gel, and Shelodex Ultra Ointment.

Here are the top 10 things to know about Shelter Pharma’s IPO:

Shelter Pharma Appointments: Shelter Pharma opened for subscriptions on Thursday 10th August and will close on Monday 14th August.

Here are the top 10 things to know about Shelter Pharma’s IPO:

Shelter Pharma Appointments: Shelter Pharma opened for subscriptions on Thursday 10th August and will close on Monday 14th August.

Shelter Pharma IPO price: The company set the price 42 per share for the IPO.

Shelter Pharma IPO price: The company set the price 42 per share for the IPO.

Shelter Pharma Subscription Status: On the first day of its issue, Shelter Pharma was drawn 1.10 times by the end of the day. The portion reserved for retail investors was subscribed the highest at 1.97x.

Shelter Pharma Subscription Status: On the first day of its issue, Shelter Pharma was drawn 1.10 times by the end of the day. The portion reserved for retail investors was subscribed the highest at 1.97x.

Shelter Pharma IPO Details: The Shelter Pharma IPO is a new issue with 3,816,000 shares with a par value of 10 aggregates up to 16.03 crores. The minimum order quantity is 3,000 shares.

Shelter Pharma IPO Details: The Shelter Pharma IPO is a new issue with 3,816,000 shares with a par value of 10 aggregates up to 16.03 crores. The minimum order quantity is 3,000 shares.

Shelter Pharma IPO objectives: The Company intends to use the net proceeds from the issue for working capital needs and general corporate purposes.

Shelter Pharma IPO objectives: The Company intends to use the net proceeds from the issue for working capital needs and general corporate purposes.

Shelter Pharma stock exchange listing Date and quota: The allotment basis for shares in the Shelter Pharma IPO will occur on Friday, August 18th and the Company will issue a refund on Monday, August 21st. The shares will be credited to the allotment recipients’ Demat accounts on Tuesday, August 22. Shelter Pharma shares are likely to be listed on BSE SME on Wednesday 23rd August.

Shelter Pharma stock exchange listing Date and quota: The allotment basis for shares in the Shelter Pharma IPO will occur on Friday, August 18th and the Company will issue a refund on Monday, August 21st. The shares will be credited to the allotment recipients’ Demat accounts on Tuesday, August 22. Shelter Pharma shares are likely to be listed on BSE SME on Wednesday 23rd August.

Registrar and Lead Manager of Shelter Pharma IPO: Bigshare Services Pvt Ltd is the IPO Registrar and Gretex Corporate Services Limited is the Lead Manager.

Registrar and Lead Manager of Shelter Pharma IPO: Bigshare Services Pvt Ltd is the IPO Registrar and Gretex Corporate Services Limited is the Lead Manager.

Shelter Pharma IPO Reservation: Shelter Pharma IPO has reserved no less than 75% of the shares of the public offering for Qualified Institutional Buyers (QIB), no more than 15% for Non-Institutional Investors (NII) and no more than 10% of The Offer reserved for private investors.

Shelter Pharma IPO Reservation: Shelter Pharma IPO has reserved no less than 75% of the shares of the public offering for Qualified Institutional Buyers (QIB), no more than 15% for Non-Institutional Investors (NII) and no more than 10% of The Offer reserved for private investors.

THIS COPY WILL BE UPDATED

THIS COPY WILL BE UPDATED

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