Incorporated in 1996, it is an FMCG product distribution company engaged in the distribution of branded packaged foods, Personal care products, Education and stationery products, Matches and Agarbatti and tobacco products to large FMCG companies. The company aims at providing quality products at reasonable prices with on-time delivery.
In 2007, Shamnthala FMCG became an authorized distributor of ITC company. The company aims to provide meaningful shopping experience to its customers.
Following are the competitive strengths of the company
Shanthala FMCG Products Limited’s revenue increased by 25.28% and profit after tax (PAT) rose by 292.26% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 827.32 | 657.21 | 615.79 | 569.67 |
| Revenue | 1,585.58 | 4,077.25 | 3,254.57 | 3,955.67 |
| Profit After Tax | 10.15 | 17.73 | 4.52 | 14.41 |
| Net Worth | 549.32 | 143.22 | 125.49 | 120.97 |
| Reserves and Surplus | 56.15 | 93.22 | 75.49 | 70.97 |
| Total Borrowing | ||||
| Amount in ₹ Lakhs | ||||
The company intends to utilize the Net Proceeds as following
1. Funding additional working capital requirements
2. General Corporate Purposes
Shanthala FMCG Products IPO opens on October 27, 2023, and closes on October 31, 2023.
| IPO Open Date | Friday, October 27, 2023 |
| IPO Close Date | Tuesday, October 31, 2023 |
| Basis of Allotment | Friday, November 3, 2023 |
| Initiation of Refunds | Monday, November 6, 2023 |
| Credit of Shares to Demat | Tuesday, November 7, 2023 |
| Listing Date | Wednesday, November 8, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 31, 2023 |
As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in
The IPO dashboard offers insights on the Latest Current & Upcoming IPOs in BSE & NSE. It also evaluates IPOs for Shariah compliance, ensuring alignment with Islamic principles for ethical investment choices.
Last Updated on December 16, 2024 NACDAC Infrastructure Limited IPO Incorporated in 2012, NACDAC Infrastructure Limited is a construction company specializing in the construction of multi-story buildings, residential, commercial, and
Last Updated on December 10, 2024 International Gemmological Institute IPO Incorporated in February 1999, International Gemmological Institute (India) Limited is a globally recognized organization certifying and grading diamonds, gemstones, and
Last Updated on December 10, 2024 Yash Highvoltage Limited IPO Incorporated in June 2002, Yash Highvoltage Limited specializes in the manufacturing and distributing a wide range of transformer bushings. The
Copyright © 2023 - Halalstock.in
You can contribute as little as
100, 200, 500 & so…
every bit counts.
