
Shanti Inorganics Limited is a SME IPO on NSE, currently open. The price band is ₹79 – ₹83 per share in lots of 1600 shares. The minimum retail application is 2 lots (3200 shares) for about ₹2,65,600. Bidding runs 31 Aug 2026 to 2 Sep 2026 (5 PM IST close). Allotment is expected on 3 Sep 2026 and listing on 7 Sep 2026. The current grey market premium (GMP) is +₹36 (43.37% over the upper band) — an unofficial, unregulated figure, not a forecast. It is subscribed 22.68x overall.
Grey market premium
GMP-implied gross: +₹57,600/lot · +₹1,15,200 at min 2 lots
Subscribed
22.68x
Closes
…
2 Sep 2026 (yesterday)
Shanti Inorganics Limited operates
AI overview — unverified, not investment advice.
Mon, 31 Aug
2026
Wed, 2 Sep
2026
Thu, 3 Sep
2026
Fri, 4 Sep
2026
Mon, 7 Sep
2026
SME retail minimum is 2 lots (≥ ₹2 lakh) since 1 Jul 2025.
3200 shares
₹2,65,600
amount to block
GMP-implied gross gain
+₹1,15,200
at GMP ₹36
Per lot
+₹57,600
Gross figure only — your actual return depends on the real listing price (which can differ a lot from GMP), your tax on short-term gains, and your broker's charges. None of that is included here, and this is not investment advice.
Allotment expected 3 Sep 2026 (today) · lists 7 Sep 2026
Where this data comes from
Aggregated 1 min ago. GMP is from the 3 sources below.
Grey Market Premium (GMP) is an unofficial, unregulated and speculative number reported by third-party websites. It is not an official price, not a guarantee of listing performance, and not investment advice. Platform is an information aggregator — not a SEBI-registered investment adviser or research analyst, and it gives no buy/sell/apply recommendations. Subscription and date figures can lag the exchanges. Always confirm with NSE, BSE and the offer document before making any decision.
Source: ipowatch. Retail is ~30.69x subscribed, so roughly a 3.3% chance per application at 1 lot (lottery). Applying at more than 1 lot does not improve the per-application odds.
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