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Earlier report,
Shellz India sets Rs 170-179 price band for SME IPO opening 15 October
Shellz India will open its IPO on 15 October at a price band of Rs 170-179 per share, raising nearly Rs 60 crore via a fresh issue of 33.5 lakh shares. The Hugs and Tosca confectionery maker will list on BSE SME on 23 October.
- Fresh issue proceeds
- nearly ₹60 crore
- Earmarked for debt repayment
- ₹22 crore
What we verified
Checked against the other reports of this story.
- Fresh issue size: 33.5 lakh shares (Moneycontrol) vs 33,50,400 equity shares (Outlook Business) — reports differ.
Updates
Each later report on this story, newest first. Earlier entries are never edited; a correction is a new entry.
Shellz India, maker of Hugs and Tosca, opens ₹59.97 crore BSE SME IPO on 15 October at ₹170–₹179 price band
- Fresh issue size: 33,50,400 equity shares
- FY26 revenue from operations: ₹19,261.52 Lakhs
- FY26 PAT: ₹1,337.05 Lakhs
- Sonipat installed capacity after expansion: approximately 34,500 MTPA
Reported figures
From the report. Source details below
| FY26 revenue: | Rs 192.6 crore |
|---|---|
| Proceeds earmarked for debt repayment: | Rs 22 crore |