Shanti Spintex IPO Subscription Status – IPO Closed

Shanti Spintex IPO subscription status started on Tuesday, December 19, 2023 and will close on December 21, 2023. Shanti Spintex IPO to raise around ₹31.25 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹66 to ₹70 per equity share.

Shanti Spintex IPO

Table of Contents

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 CategoryIPO Subscription Numbers
QIB14.34
NII57.28
RII22.01
Total27.38


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.

Shanti Spintex IPO Subscription Status FAQs:


When Shanti Spintex IPO Subscription will start?

The IPO subscription starts on December 19, 2023 for NII, QIB and Retail Investors.

How to subscribe Shanti Spintex IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Shanti Spintex IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Shanti Spintex IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Shanti Spintex”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Shanti Spintex IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Shanti Spintex”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Shanti Spintex IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Shanti Spintex” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the Shanti Spintex IPO Allotment Date?

Shanti Spintex IPO allotment date is December 22, 2023.

What is the Shanti Spintex IPO Listing Date?

Shanti Spintex IPO listing date is December 27, 2023. The IPO is to list on BSE.

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