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Shanti Inorganics Sets IPO Price Band at ₹79–₹83

· Business · LiveMint, Economic Times

Shanti Inorganics has announced its IPO will open for bidding from August 31 to September 2, with a price band fixed at ₹79–₹83 per share. The company aims to raise ₹47.23 crore to fund a new manufacturing facility in Bavla, Ahmedabad. The facility will produce sulphur-based chemicals, including sodium metabisulphite and ammonium bisulphite. Anchor investor bidding is scheduled for August 28, 2026, with shares to be listed on the NSE Emerge platform.

Why it matters

The IPO provides capital for the company's expansion plans in the chemical manufacturing sector.

Read the original report — LiveMint

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