Shanthala FMCG Products IPO is scheduled to commence on October 27 and close on October 30, 2023. This NSE SME IPO aims to raise ₹16.07 crores through the issuance of shares, with a fixed price band of ₹91 and a market lot of 1200 shares. Company Profile Shanthala FMCG Products operated its distributorship business through two proprietary firms, namely M/s. Shanthala Enterprises, owned by Mrs. Sharada Malya, and M/s. Shanthala Traders, owned by B. Manjunath. The ipo gmp of shanthala FMCG Products is 0
They specialize in distributing Fast-Moving Consumer Goods (FMCG) products for prominent FMCG companies in India, including branded packaged foods, personal care products, education and stationery items, matches, agarbatti, and tobacco products.
Furthermore, they are distributors for a leading FMCG multinational corporation in India, providing branded beauty and well-being, nutrition, personal care, and home care products. Shanthala FMCG Products also distributes oil, sugar, and atta under the brand name Sunpure for M. K. Agrotech Pvt. Ltd. Their operational area mainly covers Coorg, Karnataka, where they have been servicing customers for over 20 years, establishing a deep understanding of customer needs, especially in a region with scattered customer bases.