Sensex
83,184.80 profit arw 236.57 (0.29%)
Nifty
25,415.80 profit arw 38.25 (0.15%)
Nasdaq
17,573.30 profit arw -54.76 (-0.31%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
IPO

IPO Details


Shanti Spintex Ltd
Registered Office: Sub Plot I Survey # 297 Dholi-, Integrated.Spi.Park Ltd Dholka, Ahmedabad - 382240, Gujarat
Phone: +91-98258 01039
Email: info@shantispintex.com
Website: www.shantispintex.com
Initial public offer of upto 44,64,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Shanti Spintex Limited (The Company or SSL or The Offerr) at an offer price of Rs. 70/- per equity share for cash, aggregating up to Rs. 31.25 crores (Public Offer) comprising of a fresh issue of upto 26,88,000 equity shares aggregating to Rs. 18.82 crores (the Fresh Issue) and an offer for sale of upto 17,76,000 equity shares by the selling shareholders (Offer for Sale) aggregating to Rs. 12.43 crores comprising; up to 10,84,000 equity shares aggregating upto Rs. 7.59 crores by Vineeta V. Chiripal and upto 6,92,000 equity shares aggregating up to Rs. 4.84 crores by Chiripal Exim llp (collectively refferd as Selling Shareholders) out of which 2,24,000 equity shares of face value of Rs. 10 each, at an offer price of Rs. 70/- per equity share for cash, aggregating Rs. 1.57 crores will be reserved for subscription by the market maker to the offer (the Market Maker Reservation Portion). The public offer less market maker reservation portion i.e. offer of 42,40,000 equity shares of face value of Rs. 10 each, at an offer price of Rs. 70/- per equity share for cash, aggregating upto Rs. 29.68 crores is herein after referred to as the Net Offer. The public offer and net offer will constitute 26.43% and 25.11% respectively of the post-offer paid-up equity share capital of the company. *Subject to finalization of basis of allotment The face value of the equity shares is Rs. 10/- each. the issue price is 7.00 times with the face value of the equity shares. The anchor investor issue price is Rs. 70 per equity share.
Issue Money Payable On
Opens On Closes On Application Allotment
19-Dec-2023 21-Dec-2023 ₹ 70.00 ₹ 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
(₹)Cr. Lead Managers to the Issue
Project Cost 17.56 Hem Securities Ltd
Project Financed through Current Offer 31.25
Post Issue Equity Share Capital 16.88
Issue Price ₹70.00
Projects
To meet working capital requirements
General corporate purposes
Promoted By
Bharat Bhushan Omprakash Agarw
Rikin Bharatbhushan Agarwal
Listing At
BSE - SME
Registrar to the Issue
KFin Techologies Ltd

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

17,573.30 -54.76 (-0.31%)

HANG SENG

18013.16 353.14(2.00%)