SHANTI SPINTEX LIMITED IPO
SHANTI SPINTEX LIMITED was a SME IPO, offered at ₹66–₹70 per share to raise ₹31 crore. The issue was subscribed 25.53× overall (QIBs 14.34×, NIIs 42.62×, retail 22.01×). It listed on 1 Jan 2024 at ₹77 and closed its first day at ₹74, a listing gain of +6.0% versus the ₹70 issue price. It now trades around ₹33 (-52.9% versus the issue price).
Frequently asked questions
- How many times was the SHANTI SPINTEX LIMITED IPO subscribed?
- The SHANTI SPINTEX LIMITED IPO was subscribed 25.53× overall — 14.34× in the QIB category, 42.62× among non-institutional investors, 22.01× in retail.
- What were the SHANTI SPINTEX LIMITED IPO listing gains?
- SHANTI SPINTEX LIMITED listed on 1 Jan 2024 at ₹77, closing its first day at ₹74 — a listing gain of +6.0% versus the ₹70 issue price.
- What were the retail allotment odds for the SHANTI SPINTEX LIMITED IPO?
- Retail was subscribed 22.01×, so a single-lot application had roughly a 4.5% chance of allotment (about 1 in 22), and allotment was finalised on 28 Dec 2023.
- What was the price band and lot size of the SHANTI SPINTEX LIMITED IPO?
- The price band was ₹66–₹70 per share.