Loading...
Guest User
Welcome! Please login.
| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹31.25 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹31.25 Cr |
| Fresh Issue | ₹17.25 Cr |
| Offer for Sale | ₹12.43 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹66.00-70.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544059 |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Hem Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
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
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet Working Capital requirements | 17.55 |
| 2 | General Corporate Purpose | 0.01 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 174.57 | 175.88 | 136.31 | 119.27 |
| Total Income | 162.38 | 370.71 | 255.27 | 112.94 |
| Profit After Tax | 5.24 | 10.13 | 4.87 | 3.38 |
| NET Worth | 61.22 | 56.04 | 46.23 | 41.36 |
| Reserves and Surplus | 47.02 | 48.94 | 39.13 | 34.26 |
| Total Borrowing | 34.74 | 41.78 | 48.69 | 42.79 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 19.81% |
| ROCE | 10.12% |
| Debt / Equity | 0.75% |
| RoNW | 18.07% |
| PAT Margin | 2.73% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 7.13 | |
| P/E (x) | 9.82 | 11.67 |
| Promoter Holding | 87.49% | 73.57% |
| Market Cap | ₹118.22 Cr. | |
