Shanti Spintex Ltd IPO allotment finalized: A Step-by-Step Guide to Checking Your Status in 6 Simple Steps

Shanti Spintex Ltd IPO allotment:

If you've applied for the Shanti Spintex Ltd IPO, you're likely eager to know the allocation status. Well, the wait is over! The allotment process has been completed, and now you can easily check how many shares you've been allotted. You can do this by visiting the KFin Techologies Ltd registrar website. Moreover, for those who didn't receive an allotment, rest assured, the refund process has also been finalized.

Shanti Spintex Ltd IPO allotment date:

The allotment date for the Shanti Spintex Ltd IPO has been confirmed, and allotments have been finalized. Investors who applied for the issue can now verify their allotment status on the registrar portal designated for Shanti Spintex Ltd IPO, managed by KFin Techologies Ltd. You can discover the number of shares allotted to you through the registrar's website. Additionally, the company has concluded the refund process for investors who were not allotted shares. The subscription period for Shanti Spintex Ltd IPO commenced on December 19, 2023, and concluded on December 21, 2023.

Shanti Spintex Ltd IPO subscription:

On the third day of subscription, the Shanti Spintex Ltd IPO witnessed [-] times subscription. The listing date is scheduled on December 27, 2023. Investors can ascertain their share allocation through the basis of allotment process and check their allotment status. For those who were not allocated shares, the refund process will commence on December 26, 2023. Those allotted shares will receive them in their demat accounts on [-]. The listing date for Shanti Spintex Ltd IPO is confirmed to be December 27, 2023.

Shanti Spintex Ltd IPO: How to check allotment status?

If you've applied for the Shanti Spintex Ltd IPO, you can easily check your allotment status on the KFin Techologies Ltd website. Here's a simple guide to check your allotment status:

  • Go to the KFin Techologies Ltd website.
  • Select the Shanti Spintex Ltd IPO from the dropdown menu.
  • Choose either your Application Number, Demat Account, or PAN to proceed.
  • Select your application type as ASBA or non-ASBA.
  • Provide the required details based on your selection in the previous step.
  • Complete the Captcha verification.
  • Click on the submit button to view your allotment status.

How to check Shanti Spintex Ltd IPO allotment status on BSE:

  • Navigate to the allotment page on the official BSE website via this link: https://www.bseindia.com/investors/appli_check.aspx
  • In the 'Issue Type' section, opt for 'Equity' and pick the Shanti Spintex Ltd IPO from the dropdown menu labeled 'Issue Name'.
  • Enter either your PAN or application number, then click the 'Submit' button.

How to check Shanti Spintex Ltd IPO allotment status on NSE:

  • to NSE's official website using this link:https://www.nseindia.com/
  • Choose the 'Click here to sign up' option and complete the registration process using your PAN details.
  • Enter your username, password, and captcha code on the subsequent page.
  • Once logged in, navigate to the designated section to check the IPO allotment status.

Allocation quota for Shanti Spintex Ltd

The following table outlines the allocation quotas for different categories, detailing both the number of shares and the percentage of the total share capital raised. However, it's primarily the quotas for retail and HNI investors that are of significant interest.

Category of Investors Allocation of shares under IPO
Reservation for Employees 0 (0%)
Anchor Allocation 12,72,000 (28.49%)
QIB Shares Offered 8,48,000 (19%)
NII (HNI) Shares Offered 6,36,000 (14.25%)
Retail Shares Offered 14,84,000 (33.24%)
Total Shares Offered 44,64,000

Data Source: BSE-SME

Let's now examine how different categories of investors participated in placing their bids for the IPO of Shanti Spintex Ltd.

Subscription levels for Shanti Spintex Ltd

Next, let's delve into the level of subscription. The table below illustrates the degree of subscription for each category, along with the overall subscription for Shanti Spintex Ltd.

Category Subscription Status
Qualified Institutional Buyers (QIB) [-]
S (HNI) ₹2 lakhs to ₹10 lakhs [-]
B (HNI) Above ₹10 lakhs [-]
Non Institutional Investors (NII) [-]
Retail Individuals [-]
Employees [-]
Overall Subscription [-]

Data Source: BSE-SME

The QIB portion witnessed a subscription of [-] times, while the HNI/NII portion saw a subscription of [-] times. The Retail portion experienced a subscription of [-] times, culminating in an overall subscription of [-] times for the IPO.

Frequently Asked Questions

What is Shanti Spintex Ltd IPO?

Answer Field

Shanti Spintex Ltd IPO is a SME IPO of 44,64,000 equity shares of a face value of ₹10 aggregating up to ₹31.25 Crores. The issue is priced at ₹70 to ₹70 per share. The minimum order quantity is 2000 Shares. The IPO opens on December 19, 2023, and closes on December 21, 2023. KFin Techologies Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE-SME.

When Shanti Spintex Ltd IPO will open?

Answer Field

The Shanti Spintex Ltd IPO opens on December 19, 2023 and closes on December 21, 2023.

What is the lot size of Shanti Spintex Ltd?

Answer Field

Shanti Spintex Ltd lot size is 2000 shares, and the minimum amount required is ₹1,40,000.

How to apply for Shanti Spintex Ltd IPO?

Answer Field

You can apply in Shanti Spintex Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Shanti Spintex Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Shanti Spintex Ltd IPO will be done on December 22, 2023, and the allotted shares will be credited to your demat account by December 26, 2023.

When is Shanti Spintex Ltd IPO listing date?

Answer Field

The Shanti Spintex Ltd listing date is December 27, 2023.

Who is the registrar of Shanti Spintex Ltd IPO?

Answer Field

The registrar of Shanti Spintex Ltd IPO is KFin Techologies Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Hem Securities Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Shanti Spintex Ltd IPO?

Answer Field

The fresh issue size is ₹18.82 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Shanti Spintex Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 2000 shares and ₹1,40,000 amount.

How can I approve the UPI mandate request for Shanti Spintex Ltd IPO?

Answer Field

To apply for Shanti Spintex Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Shanti Spintex Ltd?

Answer Field

The price of each Shanti Spintex Ltd share will be ranging in between ₹70 to ₹70 per share.

What is the cut-off time for the UPI mandate for Shanti Spintex Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, December 21, 2023.

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