Listed Price₹76.00
Listing Gain+8.57%
Price Band₹66 - ₹70
Lot Size2,000 shares
Min Bid₹1,40,000
Subscription19.22x
Listed Market Snapshot
₹76.00Listed price from market data
+8.57%listing gain
Issue Amount
₹31.25 Cr
Listed Price
₹76.00
Current Price
₹43
Registrar
Kfin Technologies Limited
Timeline•Book Built Issue IPO
Open19 Dec 2023
Close21 Dec 2023
Allotment23 Dec 2023
Listing27 Dec 2023
Quota Reservation Portions
RetailPortion: 14,84,000 shares
33.24%Nii(hni)Portion: 6,36,000 shares
14.25%QIBPortion: 21,20,000 shares
47.49%Market MakerPortion: 2,24,000 shares
5.02%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,40,000HNI2 lots / 4,000 shares
₹2,80,000About the Company
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.
Company Promoters
Bharat Bhushan Omprakash AgarwalRikin Bharatbhushan Agarwal
Lead Managers
Registrar
Kfin Technologies Limited