Shellz India IPO: GMP, Subscription, Price Band & Allotment Date
SME IPO · Listed
Shellz India is an SME IPO that was open for bidding from 15 October 2026 to 19 October 2026. The price band is ₹170 to ₹179 per share, and the minimum application is one lot of 800 shares (₹1,43,200 at the top of the band). The issue size is ₹59.97 crore.
Shellz India IPO GMP today
The last grey market premium before listing was ₹7 per share, which puts the estimated listing price at ₹186, a 3.9% premium to the upper price band. In the grey market it has been quoted between ₹7 and ₹46. GMP is an unofficial, unregulated quote — a sentiment reading, not a promise of the listing price.
Subscription status
The issue was subscribed 58.54 times overall. By category: qualified institutions (QIB) 41.92 times; non-institutional investors (NII) 86.41 times — bHNI 98.42 times, sHNI 62.41 times; retail investors 56.09 times.
Key dates
| Opens | 15 October 2026 |
|---|---|
| Closes | 19 October 2026 |
| Allotment | 21 October 2026 |
| Listing | 23 October 2026 |
Allotment status
The basis of allotment was fixed on 21 October 2026. You can check Shellz India IPO allotment status for one or several PANs on our allotment page.
Anchor investors
Anchor shares are locked in: half until 20 November 2026 and the rest until 19 January 2027 (30 and 90 days from allotment).
Listing
Shellz India listed on 23 October 2026 at ₹179, a gain of 0.00% on the issue price of ₹179. The grey market had pointed to ₹186, so the listing fell short of the GMP estimate.
Live figures
The GMP, subscription and dates above come from the same record as our Shellz India IPO page, which shows them live with the full subscription break-up and the prospectus. Nothing here is investment advice; see the disclaimer.