Shanti Inorganics IPO

Shanti Inorganics Ltd. is engaged in the business of manufacturing and trading of sulphur based inorganic chemicals. The product portfolio consists of ammonium bisulphite, sodium bisulphite solutions, sodium meta/ bisulphite, and sodium sulphite powder, which are primarily used as preservatives, reducing agents, oxygen scavengers and process intermediates across multiple industries such as oil drilling, pharmaceuticals, food and beverages, pulp & paper and water treatment. The company's manufacturing facilities are located at plot no. 2015, phase III, GIDC, Vatva, Ahmedabad – 382445, Gujarat, India (“Vatva Unit” or “Manufacturing Unit – I”) and plot no. 5/A & 5/B Sankalp industrial estate, Village: Chiyada, Ta.: Bavla, Ahmedabad (“Bavla Unit” or “Manufacturing Unit – II”). Products: Sodium meta bisulphite Sodium sulphite powder Ammonium bisulphite solution Sodium bisulphite powder/solution Competitive Strengths: Geographical diversification through exports to international market Long standing relationship with diversified customers across multiple industries Strategically located production facilities with access to abundant resources of raw materials and long-term relationships with suppliers Certifications and compliance with quality and food safety standards

Part funding the capital expenditure towards setting up a new facility for manufacturing of sodium meta bisulphite, sodium bisulphite powder and ammonium bisulphite situated at Bavla, Ahmedabad, Gujarat; General Corporate Purposes