Shanti Inorganics Share Price: Stock Lists at 90% Premium on NSE

On September 7, 2026, Shanti Inorganics Ltd. shares made their market debut on the stock exchanges. The stock listed at ₹157.70 on the NSE SME platform, reflecting an 89.99% premium over its IPO issue price of ₹83.00 per share. 

Shanti Inorganics IPO Overview 

The Shanti Inorganics IPO is a ₹47.24 crore book-built issue, consisting entirely of a fresh issue of 56.91 lakh shares. The bidding window for the public issue opened on August 31, 2026, and concluded on September 2, 2026, followed by the finalisation of share allotment on September 3, 2026. The final issue price was fixed at ₹83 per share. 

Individual retail investors could participate with a minimum lot size of 1,600 shares, requiring a baseline investment of ₹1,32,800. Managing the public offering, Vivro Financial Services Pvt. Ltd. acted as the book-running lead manager, while KFin Technologies Ltd. served as the registrar for the issue. 

Business Overview of Shanti Inorganics 

Incorporated in 2010, Shanti Inorganics Limited (formerly known as Shanti Inorgo Chem (Guj) Private Limited) manufactures specialty chemicals and inorganic compounds. Headquartered in Ahmedabad, Gujarat, the company caters heavily to industries such as food and beverages, oil drilling, and core chemical processing markets. 

The company's primary corporate facilities include its fully utilized Vatwa processing plant alongside its newly operationalized Bala Phase-1 manufacturing facility, which catalyzed significant operational expansion through enhanced commercial capacities. Shanti Inorganics distributes its specialised downstream chemicals across vast domestic industrial networks and handles raw material distribution directly to large-scale enterprise processors. 

Financial Overview of Shanti Inorganics 

Shanti Inorganics Limited has registered steady operational and financial growth across its fiscal cycles: 

• Total Revenue: Reached scaled operational benchmarks with a Total Income of ₹72.93 crore in FY26, up from ₹58.46 crore in FY25, registering a solid 24.75% year-on-year growth.
• Profit After Tax (PAT): Witnessed a strong upward trajectory, rising to ₹10.22 crore in FY26 compared to ₹7.99 crore in FY25, representing a 27.91% increase in net profitability.
• EBITDA Efficiency: Recorded expanding operational returns, with EBITDA growing to ₹15.40 crore in FY26 up from ₹12.06 crore in FY25, carrying an operating EBITDA margin of 21.62%.
• Utilization of Capital: The company plans to allocate its fresh equity funding proceeds toward capital expenditures for facility expansion, general working capital enhancements, and general corporate purposes. 

Shanti Inorganics Share Price Performance 

As of September 07, 2026, at 10:23 AM, Shanti Inorganics share price on NSE was trading at ₹154.30, up by 85.90% from the IPO issue price of ₹83.00. 

Read More: EFC Share Price in Focus as It Completes ₹39 Crore Sale of Wholly Owned Subsidiary Sanvritti Alpha! 

Conclusion 

Shanti Inorganics equity shares opened at an exceptional premium of 89.99% at ₹157.70 on the NSE SME platform against its IPO issue price of ₹83.00 per share, reflecting high market conviction on its debut day. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.