Shellz India Ltd. IPO

Min Investment
₹ 1,43,200 / 800 shares
Price Range
₹170 - ₹ 179
Bidding Dates
15 Oct '26 - 19 Oct '26
Total Issue Value
59.97 Cr
Lot Size
800
Total Issue Size
59.97 Cr
Listing At

IPO Timeline

  • 15 Oct 2026
    Bidding Starts
  • 19 Oct 2026
    Bidding Ends
  • 21 Oct 2026
    Allotment Finalization
  • 23 Oct 2026
    Listing

About Shellz India Ltd.

We are engaged in the manufacturing and marketing of confectionery products in India, with a diversified product portfolio comprising over 300+ SKUs across multiple categories, including choco delights, jellies, baked treats and other confectionery formats. We also manufacture and supply food and bakery ingredients. We focus on developing confectionery products at accessible price points and distributing them across a wide geographic footprint, including urban and semi-urban markets, as well as smaller towns and rural areas.

Read More
Parent organisation
Founded
Shellz India Ltd.
2012

Shellz India Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 9,06,240 (27.05%)
Market Makers 3,29,600 (9.84%)
Non Institutional Investors 4,53,120 (13.52%)
Qualified Institutional Buyers (QIBs) 6,04,160 (18.03%)
Retail Individual Investors (RIIs) 10,57,280 (31.56%)

Shellz India Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 187.39 Cr 8.30 Cr 39.89 Cr
31 Mar 2024 162.81 Cr 5.25 Cr 26.35 Cr

Shellz India Ltd. Background

Major Events And Milestones
  • 2013
    Incorporation as Private Limited Company and commenced operations at the Delhi facility for jelly and chocolate products under the brand “Hugs”
    Introduced ?1/- centre-filled chocolate 2013 –
  • 2015
    Expanded product categories into jellies and baked treats
    Launched Dipsticks, a ?5/- biscuit-with-chocolate-cream 2015 -
  • 2019
    Expanded team size and established a corporate office in Punjabi Bagh, New Delhi
    Launched “Tosca” brand with a focus on alternate channels*
    Introduced breakage-free, moisture-resistant cones packed in polymer cups – “Push Up The Cone” 2020 -
  • 2021
    Set up Hyderabad depot to strengthen distribution across South India
    Achieved the ?100 crore revenue milestone
    Entered the compressed candies category
  • 2022
    Achieved the ?150 crore revenue milestone
  • 2023
    Launched the “Better-for-You” range with Oats Choco, entering the snacking space
  • 2025
    Conversion from Private Limited to Public Limited Company
    Commencement of the Sonipat facility to support rising domestic and international demand and initiation of in-house packaging manufacturing operations
Shellz India Ltd. Object of Issues

1. Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by our Company
2. Funding our incremental working capital requirements
3. General corporate purposes

Shellz India Ltd. IPO Listing Details
Listing Date
23 Oct 2026
ISIN
INE0Z7301016
Final Issue Price
₹ 179
Shellz India Ltd. Company Promoters

1. Kapil Garg
2. Shalini Garg

Industry Overview

Overview of the Packaged Food Market in India:
India’s packaged food industry reached from INR 319.0 thousand crore in FY’22 to INR 446.1 thousand crore in FY’25, at a CAGR of ~11.8%. Due to evolving consumer demand for value-added offerings like confectionery, artisanal ... Read more

Shellz India Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Shellz India Ltd. IPO Lead Manager(s)
Socradamus Capital Pvt. Ltd.
2402 C&D, 24th Floor, A Wing, Marathon Futurex, Mafatlal Mills Compound, Lower Parel, Mumbai Maharashtra - 400013
47400238

FAQs

When does Shellz India Ltd. IPO opens and closes?

Shellz India Ltd. IPO opens from 15th October to 19th October 2026.

What is the size of Shellz India Ltd. IPO?

The size of the Shellz India Ltd. IPO is ₹59.97 Cr.

What is the price range of Shellz India Ltd. IPO?

The price range of Shellz India Ltd. IPO is at ₹170 to ₹179 per share.

What is the minimum investment and lot size required for the Shellz India Ltd. IPO?

The minimum investment required is ₹1,43,200 and minimum lot size is 800 shares.

When is Shellz India Ltd. IPO listing date?

The Shellz India Ltd. IPO will be listed on 23rd October 2026.

What is the objective of Shellz India Ltd. IPO?

1. Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by our Company
2. Funding our incremental working capital requirements
3. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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