The Shanti Spintex IPO has begun on 19-December-2023. It will close on 21-December-2023. The Total IPO Size is 31.25 Crores. The company set its IPO price is 66-70 Rs Per Share. Basically, There are three basic categories in Shanti Spintex IPO Subscription 1) QIB 2) Retail Individual Investors (RIIs) 3) NII
Shanti Spintex is established in 2010.
Shanti Spintex is manufactures and sells denim fabrics.
They 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.
Check :- Upcoming SME IPO 2023
Shanti Spintex IPO Promotor Holding
Bharat Bhushan Omprakash Agarwal and Rikin Bharatbhushan Agarwal are the promoters of the company.
Shanti Spintex IPO Date, Details & Price Band
| IPO Opening Dates | 19-December-2023 |
| IPO Closing Dates | 21-December-2023 |
| Price Band | 66-70 Rs |
| Fresh issue | 18.82 Crore |
| OFS size | 12.43 Crore |
| Total IPO size | 31.25 Crore |
| Minimum bid (lot size) | 2000 Shares |
| Face Value | 10 INR Per Share |
| Listing On | BSE SME |
Shanti Spintex IPO Market Lot
The Shanti Spintex IPO minimum market lot is 2000 shares With 1,40,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 2000 | 1,40,000 Rs |
| Maximum | 1 | 2000 | 1,40,000 Rs |
| S-HNI (Min) | 2 | 4000 | 2,80,000 Rs |
Shanti Spintex IPO GMP Grey Market Premium
Shanti Spintex IPO GMP Grey market premium has been started today. Check Latest Shanti Spintex IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Shanti Spintex IPO Prospectus
| DRHP | Download |
| RHP | Download |
Shanti Spintex IPO Reviews
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Shanti Spintex IPO Form Download
Shanti Spintex IPO is available on BSE Website as well as on our Portal. Please click here Shanti Spintex IPO form Download.
Shanti Spintex IPO Allotment Date & Details
| Allotment Date | 22-December-2023 |
| Initiation of refunds | 26-December-2023 |
| Transfer of shares to Demat accounts | 26-December-2023 |
| Listing Date | 27-December-2023 |
| Check Allotment Status | Click here |
Registrar of Shanti Spintex IPO
KFIN TECHNOLOGIES LIMITED
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District,
Nanakramguda, Serilingampally, Hyderabad – 500 032, Telangana
Tel No.: +91 40 6716 2222
Toll Free No.: 1800 309 4001
Website: www.kfintech.com
SEBI Registration No.: INR000000221
Contact Person: M Murali Krishna
Shanti Spintex Contact Details
Shanti Spintex Limited
Sub Plot 1, Unit 1, Survey No. 297, Dholi
Integrated Spinning Park Limited, Dholi,
Dholka, Ahmedabad – 382 240,
Phone: +91-98258 01039
Email: [email protected]
Website: https://www.shantispintex.com/
Shanti Spintex IPO Lead Managers
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000; Fax No.: +91- 022- 22625991
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.hemsecurities.com
Contact Person: Mr. Akun Goyal
SEBI Regn. No. INM000010981