IPO Details

About Company

Shanti Inorganics Ltd., incorporated in 2005, is a leading manufacturer of specialty chemicals and inorganic compounds, catering primarily to the industrial and agricultural sectors. The company operates under the umbrella of the Shanti Group, which has a diversified portfolio across various sectors including chemicals, textiles, and real estate. Shanti Inorganics boasts a robust product portfolio that includes various grades of phosphates, nitrates, and other specialty chemicals, which are essential for fertilizers and industrial applications. The company's manufacturing facilities are strategically located in key industrial regions, ensuring efficient production capabilities and supply chain management. With a strong geographic presence across India and exports to several countries, Shanti Inorganics has developed a comprehensive distribution network that facilitates timely delivery and customer service. For the fiscal year ending March 2023, the company reported a total income of INR 500 crores, with a net profit of INR 50 crores, reflecting an EBITDA margin of 15%. The return on capital employed (ROCE) stands at 12%, while the return on equity (ROE) is noted at 10%. The company maintains a healthy debt-equity ratio of 0.5, indicating prudent financial management. The objectives of the IPO include funding expansion initiatives, enhancing production capacities, and repaying existing debts. Post-issue, the market capitalization is expected to reach INR 1,500 crores, with an earnings per share (EPS) projected at INR 5 and a price-to-earnings (P/E) ratio of 30. Investor sentiment appears cautiously optimistic, driven by the company's solid fundamentals and growth prospects in the specialty chemicals sector.