Shanti Inorganics IPO Subscription Status: Issue Booked 142.25 Times

Authored By HDFC SKY | Last Modified: Sep 2, 2026 05:44 PM IST

Shanti Inorganics IPO was subscribed 142.25 times by the close of bidding on September 02 2026, led by NII demand at 195.88 times.

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Mumbai, September 2: Shanti Inorganics IPO saw a sharp rise in bidding on the final day, with the issue receiving bids for 53,87,12,000 shares against 37,87,200 shares offered to the public. The IPO, which opened on August 31, carries a price band of ₹79 to ₹83 per share and has a total issue size of 56,91,200 shares.

Shanti Inorganics IPO Subscription Status

The Shanti Inorganics IPO was subscribed 142.25 times by the close of bidding on September 02 2026. The issue received a total of 91,785 applications, with demand spread across QIB, NII and individual investor categories.

The NII segment recorded the highest subscription at 195.88 times, followed by the QIB category at 130.97 times. The individual investor portion was subscribed 125.72 times.

Category-wise Shanti Inorganics IPO Subscription Status

Category	Shares Offered	Shares Bid For	Subscription
QIB	10,81,600	14,16,54,400	130.97x
NII	8,11,200	15,89,00,800	195.88x
Individual Investors	18,94,400	23,81,56,800	125.72x
Total	37,87,200	53,87,12,000	142.25x

Within the NII category, applications from investors bidding more than ₹10 lakh accounted for 11,68,60,800 shares, while the segment for bids between ₹2 lakh and ₹10 lakh received bids for 4,20,40,000 shares.

The QIB category received 14,16,54,400 shares in bids, while individual investors bid for 23,81,56,800 shares.

Shanti Inorganics IPO Subscription Details

Category	Applications Received	Shares Bid For
QIB	93	14,16,54,400
NII	17,268	15,89,00,800
Individual Investors	74,424	23,81,56,800
Total	91,785	53,87,12,000

Shanti Inorganics IPO closed for subscription on September 02 2026. The total issue comprises 56,91,200 shares, including the anchor and market maker portions, while the shares offered across the public investor categories total 37,87,200. (IPO Watch)

Brief Overview of Shanti Inorganics IPO

Particular	Details
Issue Size	₹44.96 crore to ₹47.24 crore
Issue Type	Book Building
Price Band	₹79 to ₹83 per share
Total Issue Size	56,91,200 shares
Public Offer	37,87,200 shares
Issue Period	August 31 to September 02 2026
Lot Size	1,600 shares
Face Value	₹10 per share
Final Subscription	142.25x

Source:

https://www.nseindia.com/market-data/issue-information?symbol=SHANTIINOR&series=SME&type=Active

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