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IPOShanti Spintex Ltd IPO

  • Price Range

    -

  • Min. Quantity

    -

  • Closes on

    -

  • Min. investment

    ₹-

Shanti Spintex Ltd IPO Timeline

EventDate
Shanti Spintex Ltd IPO Opening Date19 December 2023
Shanti Spintex Ltd IPO Closing Date 21 December 2023
Basis of Allotment22 December 2023
Initiation of Refunds26 December 2023
Credit of Shares to Demat26 December 2023
Shanti Spintex Ltd IPO Listing Date27 December 2023

Shanti Spintex Ltd IPO Details

Shanti Spintex Ltd IPO Date-
Shanti Spintex Ltd IPO Face Value-
Shanti Spintex Ltd IPO Price-
Shanti Spintex Ltd IPO Lot Size-
Issue Size-
Fresh Issue-
Offer for Sale-
Issue Type-
Listing At-
QIB Shares OfferedNot more than 8,48,000 of the Net Offer
Retail Shares OfferedNot less than 14,84,000 of the Net Offer
NII (HNI) Shares OfferedNot less than 8,60,000 of the Net Offer
Company PromotersBharat Bhushan Omprakash Agarw, Rikin Bharatbhushan Agarwal

Shanti Spintex Ltd IPO Lot Size

The Shanti Spintex Ltd IPO lot size is - shares. A retail-individual investor can apply for up to NaN lots (- shares or ₹-).

Application LotsSharesAmount
Minimum1--
Maximum---
  • Risks
  • Opportunities
  • Capability to manufacture diverse range of denim fabrics through in-house weaving unit.
  • Stringent quality control mechanism ensuring standardized product quality.
  • Synergy of young and experienced management team with a committed employee base.

Company Financials

Shanti Spintex Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-2025177.06710.4610.20
03-2024194507.0913.02
03-2023175.88370.7110.13
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • To meet working capital requirements
  • General corporate purposes

Shanti Spintex Ltd IPO Promoter Holding

Pre Issue Share Holding21.36%
Post Issue Share Holding17.96%

Shanti Spintex Ltd IPO Subscription Status (Bidding Detail)

The Shanti Spintex Ltd IPO is subscribed 25.53 times on - 05:00:00 PM. The public issue subscribed 22.01 times in the retail category, 14.34 times in the QIB category, and 42.62 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)14.3442.6222.01-25.53

Shanti Spintex Ltd IPO Prospectus

Shanti Spintex Ltd IPO Listing Date

BSE Script
NSE Symbol
Listing In-
ISININE0QZQ01019
IPO Price₹-
Face Value-

Company Contact Information

Shanti Spintex Ltd
Sub Plot I Survey # 297 Dholi-Integrated.Spi.Park Ltd Dholka,Ahmedabad-382240
Phone: +91-98258 01039
Email: info@shantispintex.com
Website: www.shantispintex.com

Shanti Spintex Ltd IPO Registrar

Phone:+91 40 6716 2222
Email: ssl.ipo@kfintech.com
Website: www.kfintech.com

Shanti Spintex Ltd IPO Lead Manager(s)

  1. Hem Securities Ltd

How to Check the Allotment Status of Shanti Spintex Ltd IPO?

To check the IPO allotment status, follow these steps:

  • Visit the official website of the IPO registrar.
  • Navigate to the IPO Allotment Status page.
  • Select “Shanti Spintex Ltd” from the list of available IPOs.
  • Enter any one of these - PAN Number, Application Number, DP/Client ID.
  • Click on Submit to view your allotment status.
  • Alternatively, you can also check the allotment status on the stock exchange websites such as NSE or BSE.
  • About Shanti Spintex Ltd IPO

    Shanti Spintex Limited was originally incorporated as a Private Limited Company under the name of 'Shanti Spintex Private Limited' on August 23, 2010 with the Registrar of Companies, Ahmedabad. Thereafter, Company converted from Private Limited to Public Limited and the name of Company was changed from 'Shanti Spintex Private Limited' to 'Shanti Spintex Limited' vide fresh Certificate of Incorporation dated August 18, 2023, issued by the Registrar of Companies, Ahmedabad, Gujarat.

    FAQ

    What is the issue size of Shanti Spintex Ltd IPO?

    Shanti Spintex Ltd IPO, which opens for subscription from to - has an issue size of ₹- crore. The issue type is book building issue.

    I have pre-applied for Shanti Spintex Ltd IPO. When will my order get placed?

    In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.

    What are the open and close dates for Shanti Spintex Ltd IPO?

    Shanti Spintex Ltd IPO Opens for subscription from - to -

    What is the lot size and minimum order quantity of the Shanti Spintex Ltd IPO?

    The lot size of Shanti Spintex Ltd is - shares. Retail investors can subscribe to minimum 1 lot and maximum - lots. The minimum and maximum application value is ₹- and ₹- respectively.

    What are the allotment dates for the Shanti Spintex Ltd IPO?

    Allotment date for Shanti Spintex Ltd is 22 December 2023 and refund of application amount (in case allotment is not received) will begin from 26 December 2023. If your allotment goes through, then shares will be credited in your Demat account by 26 December 2023.

    Who is the registrar of Shanti Spintex Ltd IPO?

    The registrar for Shanti Spintex Ltd IPO is KFin Techologies Ltd . You can check your IPO allotment status on the registrar's website.

    Where is the Shanti Spintex Ltd IPO getting listed?

    The shares of Shanti Spintex Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)