Shellz India IPO Allotment Status

Listed RegistrarBigshare Services Pvt.Ltd. Allotment21 Oct 2026 Listed at₹179.00 +0.00%

Check Shellz India Allotment Status by PAN

Enter the PAN you applied with — the result comes straight from Bigshare Services Pvt.Ltd..

10 characters: 5 letters, 4 digits, 1 letter

Not getting a result here? You can also check Shellz India allotment directly on the Bigshare Services portal →

Check every IPO in one tap

  1. 1Sign in with Google — no password, free
  2. 2Save your PAN — and your family's, up to 5
  3. 3Check any IPO — all saved PANs at once
Continue with Google

🔒 PANs are shown masked and can be removed anytime.

Shellz India IPO — Allotment & Listing Timeline

  1. IPO Open 15 Oct 2026
  2. IPO Close 19 Oct 2026
  3. Basis of Allotment 21 Oct 2026
  4. Refund Initiation 22 Oct 2026
  5. Credit to Demat 22 Oct 2026
  6. Listing Date 23 Oct 2026
Issue Price₹170–179
Lot Size800 shares
Issue Size₹59.97 Cr
IPO TypeSME
Listing AtBSE
RegistrarBigshare Services Pvt.Ltd.
Listing Price₹179.00
Listing Gain+0.00%

Shellz India IPO — Subscription & Allotment Odds

Based on the final subscription figures for Shellz India IPO (overall 58.70x subscribed). The more a category is oversubscribed, the lower each applicant's chance of allotment.

Retail 2.0% (56.09x)
Low chance
S-HNI 1.6% (62.41x)
Low chance
B-HNI 5.0% (99.51x)
Low chance

In the Retail category, about 2 in 100 applicants would get an allotment in Shellz India IPO. Winners are picked by draw of lots and each gets 1,600 shares (2 lots), so applying for more than the minimum does not improve retail odds.

How Many Shellz India Retail Applicants Get Shares

Retail shares reserved10,57,600
Minimum application1,600 shares · ₹2,86,400
Retail winners (max)661
Retail applications (est.)~32,522

Shellz India set aside 10,57,600 shares for retail (individual) investors. Each successful applicant receives 1,600 shares (2 lots), so the retail quota can serve at most 661 applicants. With retail subscribed 56.09x, that points to roughly 32,522 retail applications competing for those allotments.

Estimate from the prospectus reservation and the final subscription; the registrar's Basis of Allotment has the exact count.

Shellz India IPO Subscription, Day by Day

Times subscribed at the close of each bidding day.

DayRetailNII QIB Total
Day 1 0.65x 2.03x 0.00x 0.76x
Day 2 0.85x 2.90x 0.00x 1.05x
Day 5 56.09x 87.14x 41.92x 58.70x

Retail demand grew from 0.65x on day 1 to 56.09x by day 5 — 86.3x over the bidding window.

Shellz India Retail Odds vs Earlier SME IPOs

At about 2.0%, the estimated retail odds for Shellz India were lower than 9 of the 10 SME IPOs before it.

Median across those 10 issues: 49.6%. Best odds: SJP Ultrasonic (100.0%, retail 1.00x); lowest: Acme India Industries (1.3%, retail 85.50x).

What Shellz India Allottees Made on Listing Day

Issue price₹179.00
Listing price₹179.00
Per minimum application+₹0
Last GMP before listing₹7

Shellz India listed at ₹179.00 (+0.00% on the issue price). An applicant allotted 1,600 shares (2 lots) broke even at the listing price, before charges. The last grey market premium we recorded (₹7 on 22 Oct) pointed to about ₹186; the actual listing was ₹7 lower.

Checking Shellz India Allotment

Enter the PAN you applied with in the box above; the check goes to Bigshare Services Pvt.Ltd., the registrar for Shellz India IPO, which finalised the allotment on 21 Oct 2026.

How the draw of lots works is the same for every issue — see IPO Allotment Process Explained. See all recent IPO allotment results. Last updated: 21 Oct 2026, 08:17 pm IST.

Shellz India Allotment FAQs

The registrar for Shellz India IPO is Bigshare Services Pvt.Ltd., which finalised the allotment on 21 Oct 2026.

The Shellz India IPO allotment date was 21 Oct 2026; the issue closed on 19 Oct 2026.

The amount blocked through your ASBA / UPI mandate is released within 1-2 working days of the 21 Oct 2026 allotment; the refund date for Shellz India was 22 Oct 2026. With retail subscribed 56.09x, roughly 98% of retail applicants were expected to miss out.

Allotted Shellz India shares are credited on 22 Oct 2026, ahead of listing on 23 Oct 2026.

Shellz India was subscribed 58.70x overall. Oversubscribed categories are allotted by draw of lots, each winner getting the minimum application, which in retail is 1,600 shares (2 lots). Estimated odds: Retail 56.09x, about 2.0%; S-HNI 62.41x, about 1.6%; B-HNI 99.51x, about 3.5%. QIB is allotted proportionately, not by lottery.
GMPUpdate