Shanti Spintex Ltd
Price Range
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Min. Quantity
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Min. investment
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Shanti Spintex Ltd IPO Timeline
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.
| Event | Date |
|---|---|
| Shanti Spintex Ltd IPO Opening Date | 19 December 2023 |
| Shanti Spintex Ltd IPO Closing Date | 21 December 2023 |
| Basis of Allotment | 22 December 2023 |
| Initiation of Refunds | 26 December 2023 |
| Credit of Shares to Demat | 26 December 2023 |
| Shanti Spintex Ltd IPO Listing Date | 27 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 Offered | Not more than 8,48,000 of the Net Offer |
| Retail Shares Offered | Not less than 14,84,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 8,60,000 of the Net Offer |
| Company Promoters | Bharat Bhushan Omprakash Agarw, Rikin Bharatbhushan Agarwal |
Shanti Spintex Ltd IPO Lot Size
The Shanti Spintex Ltd IPO lot size is Invalid Number shares. A retail-individual investor can apply for up to NaN lots (NaN shares or ₹NaN).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | - | - |
| Maximum | - | - | - |
- Strengths
- 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 Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 194 | 507.09 | 13.02 |
| 03-2023 | 175.88 | 370.71 | 10.13 |
| 03-2022 | 136.31 | 255.27 | 4.87 |
| 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 Holding | 21.36% |
| Post Issue Share Holding | 17.96% |
Shanti Spintex Ltd IPO Subscription Status (Bidding Detail)
The Shanti Spintex Ltd IPO is subscribed 25.53 times on NaN Invalid undefined 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)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 14.34 | 42.62 | 22.01 | - | 25.53 |
Shanti Spintex Ltd IPO Prospectus
Shanti Spintex Ltd IPO Listing Date
| BSE Script | 544059 |
| NSE Symbol | - |
| Listing In | - |
| ISIN | INE0QZQ01019 |
| IPO Price | ₹70 |
| Face Value | ₹10 |
Company Contact Information
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
Shanti Spintex Ltd IPO Lead Manager(s)
- Hem Securities Ltd
FAQ
What is the issue size of Shanti Spintex Ltd IPO?
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.