Shellz India Limited IPO Allotment Status

Shellz India IPO is a book build issue of ₹59.97 crore.
Shellz India Limited is a book-built BSE SME IPO with a price band of ₹170–₹179 per equity share. The bidding window opened on October 15, 2026, and closes today, October 19, 2026.
The basis of allotment is expected to be finalised on October 21, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on October 22, 2026, while the shares are scheduled to list on BSE SME on October 23, 2026.
The IPO has a market lot of 800 shares. At the upper price band, one lot costs ₹1,43,200. The minimum retail application is two lots, or 1,600 shares, requiring ₹2,86,400.
Socradamus Capital Pvt. Ltd. is the book running lead manager.
Investors can check Shellz India IPO allotment status after the basis of allotment is finalised through Bigshare Services Private Limited, the registrar to the issue, or through the NSE/BSE IPO-status facilities.
How to Check Shellz India IPO Allotment Status Online on BSE?
- Visit the BSE IPO allotment-status page.
- Select “SME” under Issue Type.
- Choose “Shellz India Limited” from the Issue Name dropdown after the allotment data is published.
- Enter your Application Number or PAN.
- Tick the “I’m not a robot” captcha.
- Click on Search to view your application and allotment status.
How to Check Shellz India IPO Allotment Status on the Registrar’s Website?
- Visit the official Bigshare Services IPO allotment-status website.
- Select “Shellz India Limited” from the IPO-name dropdown once the registrar uploads the basis-of-allotment information.
- Choose PAN, Application Number or DP ID/Client ID as the search method.
- Enter the required details.
- Complete the captcha verification.
- Click on Submit or Search to view your allotment result.
Shellz India IPO Details
Shellz India IPO is a book build issue of ₹59.97 crore.
Shellz India’s IPO is priced in the range of ₹170–₹179 per equity share. The face value of each equity share is ₹10. The company’s issue is proposed to list on the BSE SME platform.
The IPO opened on October 15, 2026, and closes on October 19, 2026. The basis of allotment is expected on October 21, 2026, refunds and demat credits are expected on October 22, 2026, and the shares are scheduled to list on BSE SME on October 23, 2026.
The market lot comprises 800 shares, requiring ₹1,43,200 at the upper price band. The minimum retail application is two lots, or 1,600 shares, requiring ₹2,86,400. Applications can be made in permitted multiples of 800 shares thereafter.
Allocation Quota for Shellz India IPO
| Investor Category | Shares | % of Net Issue | % of Total Issue |
| QIB | 15,09,600 | 49.97% | 45.06% |
| – Anchor Investor | 9,04,800 | 27.01% | |
| – QIB (Ex. Anchor) | 6,04,800 | 18.05% | |
| NII (HNI) | 4,53,600 | 15.02% | 13.54% |
| – bNII > ₹10L | 3,02,400 | 9.03% | |
| – sNII < ₹10L | 1,51,200 | 4.51% | |
| Retail | 10,57,600 | 35.01% | 31.57% |
| Firm Reservations | |||
| Market Maker | 3,29,600 | 9.84% | |
| Total | 33,50,400 | 100.00% | 100.00% |
Note: Category-wise shares offered and subscription figures vary slightly across sources and updates; the final basis of allotment published by Bigshare Services will be definitive.
Read More: Know the JIO Platforms IPO Offer Type!
Shellz India IPO – Overall Subscription Status
As of the latest available update on October 19, 2026, at 5:54:44 PM (Day 3), the Shellz India IPO was subscribed 58.54 times overall. The non-institutional investor (NII) category was subscribed 86.41 times, the QIB (Ex Anchor) category 41.92 times, and the retail (Individual Investors) category 56.09 times. These figures may change slightly following exchange reconciliation after the issue closes.
Shellz India IPO Subscription Details
| Category | Subscription (x) | Shares Offered | Shares Bid For | Total Amount (₹ Crore) |
| Market Maker | 1 | 3,29,600 | 3,29,600 | 5.900 |
| QIB (Ex Anchor) | 41.92 | 6,04,800 | 2,53,52,000 | 453.801 |
| NII | 86.41 | 4,53,600 | 3,91,97,600 | 701.637 |
| — bNII (> ₹10L) | 98.42 | 3,02,400 | 2,97,61,600 | 532.733 |
| — sNII (< ₹10L) | 62.41 | 1,51,200 | 94,36,000 | 168.904 |
| Individual Investors | 56.09 | 10,57,600 | 5,93,23,200 | 1,061.885 |
| Total | 58.54 | 21,16,000 | 12,38,72,800 | 2,217.323 |
Note: Shares Offered and Total Amount are calculated at the upper price band. The Total row excludes the Anchor and Market Maker portions, and the NII figures exclude the Market Maker portion.
Shellz India Business Overview
Incorporated in May 2012, Shellz India Limited is engaged in the manufacturing and marketing of confectionery products and the manufacturing and supply of food and bakery ingredients. Its product portfolio comprises over 300 SKUs across multiple categories, catering to consumers in urban, semi-urban and rural markets.The Company markets its consumer products under two brands, Hugs and Tosca.
The Hugs portfolio includes baked treats, choco delights, jellies, and panned and sugar confectionery, primarily positioned at mass-market price points, with most products priced at ₹10 or below.
The Tosca brand focuses on the mass-premium segment through differentiated product formats and packaging, with an emphasis on e-commerce and quick-commerce channels. Its portfolio also includes Tosca Oat Choco, an oat and cereal-based bar developed as an alternative to traditional confectionery products.
The Company's distribution network comprises over 300 super stockists, with products available through kirana outlets across approximately 24 states in India, as of March 31, 2026.
In addition to its own brands, the Company undertakes private-label manufacturing for third-party customers and exports products to international markets, including the Middle East, South Asia and Europe. Its operations are supported by in-house manufacturing, product development, research and development, and quality assurance capabilities.
As of August 31, 2026, the Company had 258 full-time employees, including personnel across production, sales, finance, engineering, research and development, quality assurance and other functions.
Shellz India IPO allotment status is expected to be available on October 21, 2026, after approval of the basis of allotment. Investors should check Bigshare Services or BSE using their PAN, application number or DP ID/Client ID.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
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.
Published on: Oct 19, 2026, 7:31 PM IST

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