Mumbai, Sept. 7 -- The scrip was listed at Rs 157.70, a 90% premium to the initial public offer (IPO) price. The stock is currently up 1.14% over its listing price.

The counter hit a high of Rs 165.55 and a low of Rs 151.75. About 32.82 lakh shares of the company changed hands at the counter.

Shanti Inorganics' IPO was subscribed 132.29 times. The issue opened for bidding on 31st August 2026 and closed on 02 September 2026. The price of the IPO was fixed between Rs 79 to Rs 83 per share.

The IPO comprised fresh issue of 40,72,000 equity shares. The company intends to utilize the net proceeds from the issue towards part funding the capital expenditure towards setting up a new facility for manufacturing of sodium meta bisulphite, sodium ...