Shellz India IPO

Latest update · 12 Oct 2026

Shellz India IPO: Dates, Issue Structure, Financials and Business Analysis

Explore Shellz India IPO details, price band of Rs 170-179, issue size of Rs 59.97 crore, financials, valuation, and key dates.

• Shellz India operates in the confectionery sector with mass and premium brands including Hugs and Tosca.
• The IPO is structured as a fresh issue of 33,50,400 shares to raise between INR 56.96 crore and INR 59.97 crore.
• The bidding dates are set from 15 October 2026 to 19 October 2026 at a price band of INR 170 to INR 179 per share.
• Net proceeds will be used primarily for debt repayment (INR 22 crore) and working capital (INR 23 crore).
• Revenue grew to INR 192.62 crore in FY 2026, with net income rising to INR 13.37 crore.
• The pre-issue P/E ratio stands at 11.06 to 11.65 based on FY 2026 earnings.