Shanti Spintex Limited IPO
Shanti Spintex Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹66–₹70 per share. The stock debuted at ₹76, delivering a listing gain of 8.6%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,40,000.
Shanti Spintex Limited IPO
- IPO Dates
- Dec 19, 2023 – Dec 21, 2023
- Price band
- ₹66-70 per equity share
- Minimum Investment
- ₹1,40,000
- Issue size
- 4,464,000 shares(aggregating up to ₹31.25 Cr)
- Lot size
- 2000
- Allotment Date
- Dec 22, 2023
- Listing
- Dec 27, 2023
- Listing At
- BSE SME
IPO timeline
-
Dec 19, 2023
Open Date
Completed
-
Dec 21, 2023
Close Date
Completed
-
Dec 22, 2023
Allotment Date
Completed
-
Dec 27, 2023
Listing Date
Completed
Shanti Spintex Limited IPO Essentials
Shanti Spintex Limited IPO Details
Shanti Spintex Limited IPO is priced at ₹66-70 per share with a total issue size of 4,464,000 shares(aggregating up to ₹31.25 Cr). The IPO has a lot size of 2000 shares and is listed on BSE SME.
- Issue price
- ₹66-70 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,464,000 shares(aggregating up to ₹31.25 Cr)
- Listing at
- BSE SME
- List price
- 76.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Hem Securities Limited
Shanti Spintex Limited IPO Analytics
Shanti Spintex Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Shanti Spintex Limited IPO Subscription Status
Shanti Spintex Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 848,000 / 636,000 | 1,484,000 | 2,968,000 |
|
Day 1
19-12-23 06:00 PM
|
(2.08 / 2.75) x | 1.84 x | 2.11 x |
|
Day 2
20-12-23 06:00 PM
|
(4.49 / 5.66) x | 6.19 x | 5.59 x |
|
Day 3
21-12-23 06:00 PM
|
(14.34 / 42.62) x | 22.01 x | 25.53 x |
Shanti Spintex Limited Valuations
Earnings
- EPS (Post IPO)
- ₹7.13/-
- P/E Ratio
- 9.81
Returns
- RoNW
- 18.07%
Shanti Spintex Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 17,588.33 | 13,631.33 | 11,926.82 |
| Revenue | 37,071.27 | 25,526.51 | 11,293.73 |
| Profit After Tax | 1,012.81 | 486.59 | 337.53 |
Shanti Spintex Limited Company & Offer Insights
About Shanti Spintex Limited
Shanti Spintex Limited manufactures and sells denim fabrics.
Shanti Spintex manufactures power stretch spandex denim, knit denim, lightweight denim, rigid denim, overdyed denim and flat-finished 3/1 denim. These fabrics are available in various shades such as Indigo Blue, IBST, Sulfur Black, Sulfur Gray, Halogen Blue and Ecru with weights ranging from 4.50 Oz/sq. yd to 14.50 Oz./sq. yd. and widths from 62' (157 cm) to 78' (198 cm).
The company also produces gray fabrics in a variety of weaves including twill weave, knit dobby weave, structure dobby weave, broken twill weave and satin weave.
The company's manufacturing facility is located in Ahmedabad, Gujrat, and is spread over an area of 8660 square meters. The facility has 96 airjet weaving machines with a weaving capacity of 1,92,72,000 meters of denim fabric
Shanti Spintex Limited Promoter(s)
Bharat Bhushan Omprakash Agarwal, Rikin Bharatbhushan Agarwal are the company's promoters of Shanti Spintex Limited.
Shanti Spintex Limited IPO Issue Objectives
- •
- To meet Working Capital requirements
- •
- General Corporate Purposes.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Shanti Spintex Limited IPO is a book-built IPO worth ₹4,464,000 shares(aggregating up to ₹31.25 Cr). The price band is ₹66–₹70 per share. The IPO opens on Dec 19, 2023 and closes on Dec 21, 2023. It will be listed on BSE SME Platform. Kfin Technologies Limited is the registrar.
The price band of Shanti Spintex Limited IPO is ₹66 to ₹70 per share.
The lot size of Shanti Spintex Limited IPO is 2000 shares.
The minimum investment for Shanti Spintex Limited IPO is approximately ₹1,40,000 based on the upper price band .
Shanti Spintex Limited IPO opens on Dec 19, 2023 and closes on Dec 21, 2023.
The allotment date of Shanti Spintex Limited IPO is Dec 22, 2023.
Shanti Spintex Limited IPO is expected to be listed on Dec 27, 2023, on BSE SME Platform.
Shanti Spintex Limited IPO valuation snapshot: P/E 9.81, EPS ₹7.13/-, P/B N/A, RoNW 18.07%, and market cap N/A.
To apply for Shanti Spintex Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Shanti Spintex Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Shanti Spintex Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Shanti Spintex Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shanti Spintex Limited IPO allotment status on IPO Ji for quick and easy access.