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15 Days Price Change

Shanti Spintex IPO

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WEBSITE Inc. Year: 2010 Industry: Textile Listed Page

Profile
Issue Size --
Profile
Price Range 66  to  70 per share
Profile
Min Investment ₹70
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Shanti Spintex Ltd is a prominent textile company that operates in the manufacturing and export of high-quality yarn and fabrics. Established with a commitment to excellence, the company boasts state-of-the-art production facilities equipped with advanced machinery to ensure precision and efficiency. Specializing in cotton and blended yarns, Shanti Spintex has earned a stellar reputation for delivering products that meet international standards. With a focus on sustainability, the company integrates eco-friendly practices in its production processes. Committed to customer satisfaction, Shanti Spintex Ltd has become a trusted supplier in the textile industry, catering to diverse global markets. Through innovation, quality, and ethical business practices, the company continues to contribute significantly to the textile sector's growth and development. Read More

Basic Info

Face Value 10 per share

Price 66  to  70 per share

P/E (x) 11.7

Sales( Cr.) 710

PAT( Cr.) 10

EPS 6

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Bharat Bhushan Omprakash Agarwal Rikin Bharatbhushan Agarwal

Pre Issue Share Holding 95.39%

Post Issue Share Holding 36.06%

Listing Details:

Listing Price: 76

Listing Gain: 7.89%

Current Price: 48

Gain On Issue: 48 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Dec 19, 2023
Closing Date Dec 21, 2023
Allotment Dec 22, 2023
Refund Dec 25, 2023
Delivery of Shares Dec 25, 2023
Listing Date Dec 26, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 140,000
Retail (Max) 1 2000 140,000
S-HNI (Min) 2 4000 280,000
S-HNI (Max) 7 14000 980,000
B-HNI (Min) 8 16000 1,120,000

Objective of the Issue

1. To meet Working Capital requirements 2. General Corporate Purposes.

Issue

Category Nos Bid Bid (x)
QIB 2232000 32006880 14.3x
NII 1562400 89494272 57.3x
Retail 669600 14737896 22x
EMP 0 0 0x
Total 4464000 122224320 27.4x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Shanti Spintex Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 113 255 370 506 710
Other Income 0 0 0 1 1
Total Income 113 255 371 507 710
Total Expenditure 101 243 349 481 690
Operating Profit 11 12 22 26 20
Interest 3 2 3 3 2
Depreciation 4 4 5 5 5
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 5 6 14 18 14
Provision for Tax 1 1 4 5 3
Profit After Tax 3 5 10 13 10
Adjustments 0 0 0 0 0
Profit After Adjustments 3 5 10 13 10
Adjusted Earnings Per Share 2.4 3.4 7.1 7.7 6

Shanti Spintex Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 41 46 56 87 97
Minority's Interest 0 0 0 0 0
Borrowings 34 39 31 14 2
Other Non-Current Liabilities 5 6 8 10 9
Total Current Liabilities 38 45 81 83 69
Total Liabilities 119 136 176 194 177
Fixed Assets 57 53 64 67 63
Other Non-Current Assets 2 14 4 2 1
Total Current Assets 60 70 108 125 113
Total Assets 119 136 176 194 177

Shanti Spintex Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 6 3 5 5
Cash Flow from Operating Activities 3 5 17 7 17
Cash Flow from Investing Activities 0 -0 -15 -5 -0
Cash Flow from Financing Activities 1 -8 -1 -2 -14
Net Cash Inflow / Outflow 4 -3 2 0 3
Closing Cash & Cash Equivalent 6 3 5 5 8

Shanti Spintex Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.38 3.43 7.13 7.71 6.04
CEPS(Rs) 5.25 6.3 10.31 10.53 9.03
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 29.13 32.55 39.51 51.26 57.3
Core EBITDA Margin(%) 10.03 4.67 5.85 4.87 2.79
EBIT Margin(%) 6.53 3.21 4.73 4.18 2.15
Pre Tax Margin(%) 4.16 2.26 3.82 3.54 1.91
PAT Margin (%) 2.99 1.91 2.73 2.57 1.44
Cash Profit Margin (%) 6.62 3.51 3.95 3.52 2.15
ROA(%) 2.83 3.81 6.49 7.04 5.5
ROE(%) 8.16 11.11 19.8 18.25 11.13
ROCE(%) 8.76 9.14 18.18 20.45 13.96
Receivable days 122.86 64.21 58.76 56.73 40.7
Inventory Days 10.4 7.23 12.69 13.48 10.33
Payable days 124.74 51.61 57.15 55.02 33.85
PER(x) 0 0 0 6.45 9.27
Price/Book(x) 0 0 0 0.97 0.98
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.39 0.21 0.12 0.2 0.14
EV/Core EBITDA(x) 3.84 4.29 2 3.9 4.93
Net Sales Growth(%) 0 125.98 45.28 36.59 40.35
EBIT Growth(%) 0 11.11 114.04 20.57 -27.6
PAT Growth(%) 0 44.16 108.14 28.53 -21.64
EPS Growth(%) 0 44.16 108.14 8.07 -21.64
Debt/Equity(x) 1.03 1.05 0.74 0.26 0.14
Current Ratio(x) 1.58 1.56 1.32 1.5 1.64
Quick Ratio(x) 1.49 1.41 1.09 1.28 1.32
Interest Cover(x) 2.75 3.38 5.18 6.54 8.89
Total Debt/Mcap(x) 0 0 0 0.26 0.14

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 40% 41% 0% 0%
Operating Profit CAGR -23% 19% 0% 0%
PAT CAGR -23% 26% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -19% NA% NA% NA%
ROE Average 11% 16% 14% 14%
ROCE Average 14% 18% 14% 14%

Company Contact Information

Shanti Spintex Ltd.

Sub Plot 1, Unit 1, Survey No. 297 Dholi - Integrated Spinning Park Limited Dholi, Dholka

IPO Lead Manager(s)

Shanti Spintex Ltd.

Hem Securities Ltd.

Registrar Info

Shanti Spintex Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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