| Shanti Spintex Limited | SME | SMALL CAP | TEXTILES |
| Minimum Investment ₹1,40,000.00 /1 Lot (2000 shares) | Price Range ₹66-₹70 | |
| Max Quantity 1 Lots/2000 Shares | Max Investment ₹1,40,000.00 | Retail Discount ₹0 |
| Investor category and sub category Individual- HNI & Retail | Issue Size 31.25 Cr | Employee ₹0 |
IPO Dates
| Offer Starts | Offer Ends | Allotment | Listing |
| 19 Dec 2023 | 21 Dec 2023 | 22 Dec 2023 | 27 Dec 2023 |
About Shanti Spintex Limited
Incorporated in 2010, Shanti Spintex Limited is involved in the manufacturing and selling of denim fabrics. In 2016, the company set up its fabric weaving unit at Dholi – Integrated Spinning Park, Dholka, Ahmedabad, on a plot area of 8,660 square metres. As of December 2023, the company has 96 air jet looms installed at their Dholi unit, with an annual installed capacity of weaving 1,92,72,000 metres of denim fabrics.
Share Holding
| Share Holding Pre-Issue | 87.49% |
| Share Holding Post-Issue | 73.57% |
Fundamentals
| Values | Values | ||
| Market cap | ₹118.22 Cr | ROE | 19.81% |
| P/E (X) | 9.82 | ROCE | 10.12% |
| POST P/E (X) | 11.67 | EPS | 7.13 |
| Debt to Equity | 0.75 | RONW | 18.07% |