Delhi-based chocolates and treats maker Shellz India is set to open its initial public offering for subscription on October 15, with a price band of Rs 170-179 per share.
The IPO comprises fresh issue of 33.5 lakh shares, fetching the company nearly Rs 60 crore.
The one-day anchor book will be launched for institutional investors on October 14, while the public can participate in the offer till October 19.
The company is expected to finalise IPO share allotment by October 21, and make its shares debut on the BSE SME platform on October 23.
Kapil Garg and his wife Shalini Garg-promoted Shellz India manufactures confectionery products comprising more than 300 SKUs across multiple categories, including choco delights, jellies, and baked treats under the Hugs and Tosca brands.