IPO details
- Price band
- ₹179.0 – ₹179.0
- Lot size
- 800 shares
- Minimum investment
- ₹2,72,000 / 1,600 shares (2 Lots)
- Subscription
- 50.49x
- Issue dates
- 2026-10-15 – 2026-10-19
- Listing date
- 2026-10-23
- Issue size
- ₹59.97 Cr
- IPO document
- RHP PDF
Live Grey Market Premium, subscription demand, price band & listing estimates
Shellz manufactures and markets confectionery products and supplies food and bakery ingredients. Its product portfolio includes over 300 stock keeping units (SKUs) across categories such as baked treats, chocolates, jellies, panned confectionery and sugar confectionery. The company markets its consumer products under the brands Hugs and Tosca. It also manufactures products under private labels for third-party customers and exports to markets in the Middle East, South Asia, and Europe. In addition, it supplies non-branded food and bakery ingredients. The company operates through a distribution network of over 300 super stockists, with its products available across retail outlets in around 24 states in India as of March 31, 2026. Its manufacturing facilities are located in Delhi and Sonipat, Haryana. The Sonipat facility is being developed to consolidate and expand existing operations and increase production capacity. The company manufactures its consumer products in-house.
Source updated: 23-Oct 9:37
Last checked by this website: 22 Oct 2026, 7:50 pm
GMP is unofficial and speculative; it does not guarantee listing performance.
Track verified daily closing grey market snapshots, price progression, and estimated listing expectations leading up to exchange debut:
| Date | IPO GMP (₹) | Day's Movement | Est. Listing Price | Est. Gain (%) | Source Freshness |
|---|---|---|---|---|---|
| 2026-10-21 | +₹7.00 | ▲ +₹2.00 (40.0%) | ₹186.00 | +3.91% | 21-Oct 18:00 (Pre-Listing Close) |
| 2026-10-20 | +₹5.00 | ⚡ Base Rate | ₹184.00 | +2.79% | 20-Oct 18:00 (Archive) |
Grey Market Premium (GMP) data reflects unofficial over-the-counter quotes between private brokers. It does not represent guaranteed exchange pricing or SEBI-regulated trading.
As per latest market dealer indications, Shellz India IPO Grey Market Premium (GMP) is recorded at +₹7.00 (4%). Grey market premium is unofficial, speculative, and subject to rapid change.
Based on the upper price band of ₹179.0 and recorded GMP of ₹7.00, the estimated listing price is ₹186.00 (an implied gain of 3.91%).
The issue bidding opens on 2026-10-15 and closes on 2026-10-19. The tentative listing date on the exchanges is 2026-10-23.
The price band is ₹179.0 to ₹179.0 per equity share. The minimum bid lot size is 800 shares, requiring a minimum investment of ₹2,72,000 / 1,600 shares (2 Lots).
Once the basis of allotment is finalized, you can verify your allotment status online on our IPO Allotment Portal, the official registrar, or directly through BSE and NSE using your PAN card number.