Shanti Spintex Limited
Book Built Issue IPO · BSE
- Price band
- ₹66 - ₹70
- Lot size
- 2,000 shares
- Issue amount
- ₹31.25 cr
- Total subscription
- 19.22×
- Opens
- 19 Dec 2023
- Closes
- 21 Dec 2023
- Allotment
- 23 Dec 2023
- Listing
- 27 Dec 2023
Offer at a glance
Issue overview
- Issue size
- 44,64,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,32,000
- Fresh issue
- ₹18.82 cr
- Offer for sale
- ₹12.43 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,40,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,42,00,000
- Shares after issue
- 1,68,88,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,40,000 |
| HNI | 2 | 4,000 | ₹2,80,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 14.84 | 85.11 |
| RETAIL | 10.39 | 228.69 |
| NIB | 4.45 | 256.59 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 7.13 |
| ROE | 19.81 |
| ROCE | 10.12 |
| RONW | 18.07 |
| PRE IPO(PE) | 9.82 |
| POST IPO(PE) | 11.67 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2010, Shanti Spintex Limited is engaged in manufacturing and selling denim fabrics. The company produces different types of denim such as power stretch spandex denim, knit denim, lightweight denim, rigid denim, overdyed denim and flat-finished 3/1 denim. These fabrics are offered in various shades like Indigo Blue, Sulfur Black, Halogen Blue and Ecru, in different weights and widths. Shanti Spintex also manufactures grey fabrics in multiple weave patterns including twill, knit dobby, structure dobby and satin weave. The company’s manufacturing facility is located in Ahmedabad, Gujarat, and has 96 airjet weaving machines with large production capacity.
Promoters
Bharat Bhushan Omprakash Agarwal
Rikin Bharatbhushan Agarwal
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Sub Plot 1, Unit 1, Survey No. 297, Dholi Integrated Spinning Park Limited, Dholi, Dholka, Ahmedabad – 382 240,
+91-98258 01039
[email protected]Company website ↗Understanding SHANTIDENM IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.