Shanti Spintex Limited IPO
₹66 - ₹70
2000
N/A
| Open Date: | 19-Dec-2023 |
| Close Date: | 21-Dec-2023 |
| Allotment Date: | 22-Dec-2023 |
| Listing Date: | 27-Dec-2023 |
| Listing Price: | N/A |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹66-70 Per Equity Share |
| Issue Size: | Total Issue Size 4,464,000 shares (aggregating up to ₹31.25 Cr) : Fresh Issue 2,688,000 shares (aggregating up to ₹18.82 Cr) : Offer for Sale 1,776,000 shares of ₹10 (aggregating up to ₹12.43 Cr) |
| Market Lot (Min Amount): | Retail - ₹140,000 : HNI - ₹280,000 |
| Earning Per Share(EPS) | ₹7.13/- |
| P/E Ratio | 9.81 |
| RoNW | 18.07% |
| Net Asset Value (NAV) - Post Issue: | ₹N/A/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Sep,2023 | 17,457.31 | 16,237.63 | 523.75 |
| 31 Mar,2023 | 17,588.33 | 37,071.27 | 1,012.81 |
| 31 Mar,2022 | 13,631.33 | 25,526.51 | 486.59 |
| 31 Mar,2021 | 11,926.82 | 11,293.73 | 337.53 |
| Pre Issue Share Holding | 87.49% |
| Post Issue Share Holding | 73.57% |
| 1. Bharat Bhushan Omprakash Agarwal |
| 2. Rikin Bharatbhushan Agarwal |
The company proposes to utilize the funds which are being raised through the Fresh Issue, towards funding the following objects:
- To meet Working Capital requirements
- 2. General Corporate Purposes.
Incorporated in 2010, Shanti Spintex Limited manufactures and sells denim fabrics.
Shanti Spintex 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.
The company's manufacturing facility is located in Ahmedabad, Gujrat, and is spread over an area of 8660 square meters. The facility has 96 airjet weaving machines with a weaving capacity of 1,92,72,000 meters of denim fabric
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