IPO Trending
SHANTIDENMSME / BSEListed
Shanti Spintex

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.

₹66 - ₹7019.22x sub
Listed Price₹76.00
Listing Gain+8.57%

IPO Schedule & Timeline

Book Built Issue IPO
Open19 Dec 2023
Close21 Dec 2023
Allotment23 Dec 2023
Listing27 Dec 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail14,84,000 shares
33.24%
Nii(hni)6,36,000 shares
14.25%
QIB21,20,000 shares
47.49%
Market Maker2,24,000 shares
5.02%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,40,000
HNI2 Lots (4,000 shares)
₹2,80,000

Company Promoters

Bharat Bhushan Omprakash AgarwalRikin Bharatbhushan Agarwal

Company Background

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 ...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep 2023)₹16237.63 Cr
Growth+43.8%
Revenue Trend (₹ in Crores)
0.014.2k28.4k42.6kMar 2021Mar 2022Mar 2023Sep 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep 202316,237.63523.7517,457.313,474.45
Mar 202337,071.271,012.8117,588.334,177.66
Mar 202225,526.51486.5913,631.334,868.64
Mar 202111,293.73337.5311,926.824,278.83

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values7.1319.81%10.12%9.8211.67

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
23 Dec 2023
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
27 Dec 2023

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Shanti Spintex. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization23 Dec 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date27 Dec 2023Trading commences on exchange

How to Check Shanti Spintex Allotment Online

1Open Portal

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2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Shanti Spintex IPO

Complete issue overview for Shanti Spintex (SHANTIDENM) IPO. The issue features an equity share price band of ₹66 – ₹70 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,40,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions