Skip to main content
Platform
All IPOs

Shellz India Open IPO

Open
SMEBSE · SHELLZ
Record your decision

Price band

₹170 – ₹179

Issue size ₹60 Cr

Minimum funds

₹2,86,400

2 lots · 1600 shares

Indicative GMP

+₹25+14.0%as of 00:28 IST

Unofficial · not a listing forecast

Subscribed

0.89x

18 Oct, 00:28 IST

IPO timeline

  1. Open
  2. Close
  3. Allotment
  4. Listing

Schedule · IST · Dates may change. Highlight marks the next scheduled date, not confirmed completion. Refunds: 22 Oct 2026.

Share on WhatsAppCompare with another IPO

WhatsApp previews may use a cached image. The card includes its data timestamp; check the page for updates.

Signal read

from public data · not advice

  • GMP momentumrising +₹25

    GMP has risen +₹25 over about 12.8h across 80 readings. The grey market is unofficial and thin, and premiums often move sharply near listing day.

  • Subscription pace0.89x · day 4/5

    retail 0.85x, QIB 0x, NII 2.2x. QIB and NII bids usually arrive on the final afternoon, so an early-day total understates the finish.

  • Retail allotment oddsfull allotment likely

    Retail portion is not oversubscribed — full allotment is likely for valid applications.

These are observations from public figures that can lag or be wrong. Platform is an information aggregator, not a SEBI-registered adviser, and gives no buy / sell / apply recommendation.

Overview

Price band
₹170 – ₹179
Lot size
800 shares
Min to apply (2 lots)
₹2,86,400
1 lot
₹1,43,200
Issue size
₹60 Cr
Face value
—
Exchanges
BSE
Registrar
Bigshare Services

GMP trend

₹0₹13₹25
17 Oct 11:39Now +₹2518 Oct 00:29

Subscription

QIB
0.00x
NII
2.18x
Retail
0.85x
Total
0.89x

Retail portion is not oversubscribed — full allotment is likely for valid applications.

GMP gain calculator

Lots

SME retail minimum is 2 lots (≥ ₹2 lakh) since 1 Jul 2025.

1600 shares

₹2,86,400

amount to block

GMP-implied gross gain

+₹40,000

at GMP ₹25

Per lot

+₹20,000

Gross figure only — your actual return depends on the real listing price (which can differ a lot from GMP), your tax on short-term gains, and your broker's charges. None of that is included here, and this is not investment advice.

Allotment status

Allotment expected 21 Oct 2026 (in 3 days) · lists 23 Oct 2026

Other registrars & NSE

Registrars protect these pages with a CAPTCHA on their side — you complete that one step and enter your PAN there. This site never sees or handles your PAN. Bigshare's status site is often busy on allotment day; retry after a few minutes.

About this IPO

Shellz India Open is a SME IPO on BSE, currently open. The price band is ₹170 – ₹179 per share in lots of 800 shares. The minimum retail application is 2 lots (1600 shares) for about ₹2,86,400. Bidding runs 15 Oct 2026 to 19 Oct 2026 (5 PM IST close). Allotment is expected on 21 Oct 2026 and listing on 23 Oct 2026. The current grey market premium (GMP) is +₹25 (13.97% over the upper band) — an unofficial, unregulated figure, not a forecast. It is subscribed 0.89x overall.

Thinking of applying?

Read the offer document (RHP) and the company's financials, check the subscription pattern, and only commit money you can have blocked for about a week. GMP is an unofficial grey-market number that swings all day and is often wrong — it is not a reason to apply. How to apply for an IPO, step by step. Platform gives no buy / sell / apply advice.

In the news

News reports are not verified or endorsed by Platform.

Shellz India Open IPO — FAQ

When does the Shellz India Open IPO open and close?
The Shellz India Open IPO is open for bidding from 15 Oct 2026 to 19 Oct 2026. Bidding closes at 5:00 PM IST on the last day.
What is the Shellz India Open IPO price band and lot size?
The price band is ₹170 – ₹179 per share, and one lot is 800 shares. As an SME IPO, the retail minimum is 2 lots (SEBI rule since 1 July 2025).
How much money is needed to apply for the Shellz India Open IPO?
The minimum retail application is 2 lots — 1600 shares — which needs about ₹2,86,400 at the upper price band. The amount is blocked via UPI/ASBA until allotment.
What is the Shellz India Open IPO GMP today?
The grey market premium for Shellz India Open is +₹25 (13.97% over the upper band), an implied gross of +₹20,000 per lot. GMP is an unofficial grey-market number, not a price and not a prediction of the listing.
When is the Shellz India Open IPO allotment and listing?
Allotment is expected on 21 Oct 2026. The shares are due to list on 23 Oct 2026 on BSE. Check allotment on the registrar (Bigshare Services) or the BSE website — Platform never handles your PAN.
How much is the Shellz India Open IPO subscribed?
As of the latest update, Shellz India Open is subscribed 0.89x overall, with retail at 0.85x and QIB at 0.00x.

Updated 6 min ago.

Grey Market Premium (GMP) is an unofficial, unregulated and speculative number reported by third-party websites. It is not an official price, not a guarantee of listing performance, and not investment advice. Platform is an information aggregator — not a SEBI-registered investment adviser or research analyst, and it gives no buy/sell/apply recommendations. Subscription and date figures can lag the exchanges. Always confirm with NSE, BSE and the offer document before making any decision.