The Shanti Spintex IPO minimum market lot is 2000 with ₹140,000 application amount. The IPO is a BSE SME IPO, and it will list on BSE.
Shanti Spintex Limited manufacture various type of denim fabrics such as power stretch spandex denim, knit denim, lightweight denim, rigid denim, over-dyed denim, and flat finish 3/1 denim. The production facility has the capability to produce grey fabrics in various designs such as twill weave, knit dobby weave, structure dobby weave, broken twill weave, and satin weave. The company has 96 airjet looms installed at Dholi unit which has an annual installed capacity of weaving 1,92,72,000 mtrs. of denim fabrics.
IPOWatch View
We recommend investors may apply an IPO with Caution (Avoid) Investors should also look at the QIB, NII, and Retail numbers before investing.
Shanti Spintex IPO Subscription Status – Day 3
| IPO Category | IPO Subscription Numbers |
| QIB | 14.34 |
| NII | 57.28 |
| RII | 22.01 |
| Total | 27.38 |
Shanti Spintex IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Shanti Spintex IPO Review
- Avoid
Shanti Spintex IPO Form
How to apply for the Shanti Spintex IPO? You can apply for Shanti Spintex IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shanti Spintex IPO in the Invest section. The other option is you can apply for Shanti Spintex IPO via IPO forms downloaded via BSE. Check out the Shanti Spintex forms – Click BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
