Shanti Spintex IPO Subscription Details

Bookbuilding IPO | ₹31 Cr | Listed at BSE SME | Tue, Dec 19, 2023 - Thu, Dec 21, 2023

Basis of Allotment - Shanti Spintex IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)8,48,00012,72,00021,20,0006,36,00014,84,00042,40,000
Allotment price (Rs.)707070707070
No.of applications158231,14315,85017,016
No.of shares applied1,19,40,00012,72,0001,32,12,0003,65,30,0003,17,00,0008,14,42,000
Amount collected (Rs.cr.)83.58 8.90 92.48 255.71 221.90 570.09
No.of times subscribed14.081.006.2357.4421.3619.21
No.of shares allotted8,48,00012,72,00021,20,0006,36,00014,84,00042,40,000
Amount (Rs.cr.)5.94 8.90 14.84 4.45 10.39 29.68
No.of allottees15823193742958

IPO Shares Offered

Shanti Spintex IPO is a public issue of 0.42 Cr equity shares. The issue offers 0.15 Cr shares to retail investors, 0.21 Cr shares to qualified institutional buyers, and 0.06 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,24,0001.57 5.02%
QIB 21,20,00014.84 47.49%
    Anchor 12,72,000 8.90 28.49%
    QIB (Ex Anchor) 8,48,000 5.94 19.00%
NII* 6,36,0004.45 14.25%
Retail14,84,00010.39 33.24%
Total44,64,00031.25 100%

Shanti Spintex IPO Anchor Investor Allocation

A total of 12,72,000 shares at a price of Rs 70 per share will be allotted to the anchor investors.

Anchor investors bid opening dateDec 18, 2023
Anchor investor price₹70.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days6,36,000
No. of shares locked-in for 90 days6,36,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 3 SIGMA GLOBAL FUND 3 SIGMA GLOBAL FUND 1,60,000 1.12 12.58 3.58
2 FINAVENUE GROWTH FUND FINAVENUE 1,60,000 1.12 12.58 3.58
3 MONEYWISE FINANCIAL SERVICES PVT.LTD. MONEYWISE FINANCIAL SERVICES 1,60,000 1.12 12.58 3.58
4 PERSISTENT GROWTH FUND PERSISTENT 1,60,000 1.12 12.58 3.58
5 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 1,60,000 1.12 12.58 3.58
6 SWYOM INDIA ALPHA FUND SWYOM 1,60,000 1.12 12.58 3.58
7 LC RADIANCE FUND VCC LC RADIANCE 1,56,000 1.09 12.26 3.49
8 MATTERHORN CAPITAL TRUST MATTERHORN 1,56,000 1.09 12.26 3.49
12,72,0008.9010028.49

IPO Subscription FAQs

The Shanti Spintex IPO is subscribed 27.38 times by Dec 21, 2023 19:02.

Shanti Spintex IPO Subscription

Investor Category Subscription (times)
Qualified Institutional14.34
Non Institutional57.28
Retail Individual22.01
Total Subscription27.38

Retail category of Shanti Spintex IPO subscribed 22.01 times as of date Dec 21, 2023 19:02. The public issue closes on Thu, Dec 21, 2023 for bidding.

An investor can apply in Shanti Spintex IPO online via bank (using ASBA) or the broker (using UPI). The Shanti Spintex IPO shares are offered online only.

The Shanti Spintex IPO is subscribed 27.38 times by Dec 21, 2023 19:02.

The Shanti Spintex IPO allotment status is expected on or around Friday, December 22, 2023. Visit Shanti Spintex IPO allotment status to check.

The Shanti Spintex IPO listing date is December 27, 2023. The equity share of Shanti Spintex IPO will list on BSE SME.

Visit Shanti Spintex IPO subscription status page for real-time bidding information about Shanti Spintex IPO.

Shanti Spintex IPO Timetable

IPO opens OnTuesday, December 19, 2023
IPO Closes OnThursday, December 21, 2023
Finalisation of Basis of AllotmentFriday, December 22, 2023
Initiation of RefundsTuesday, December 26, 2023
Credit of Shares to Demat AccountTuesday, December 26, 2023
IPO Listing DateWednesday, December 27, 2023
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