58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Shanti Spintex Limited IPO Analysis

Shanti Spintex IPO is a book build IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Textiles - Fabrics sector. Hem Securities is the merchant banker of Shanti Spintex IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th September 2023.

Shanti Spintex IPO posted revenues of Rs 324.76 crores and PAT of Rs 10.48 crores in FY24 on annualised basis.

Nature of IPO : SME
Exchange : BSE SME
IPO Type : Book Building

Shanti Spintex IPO Financial Performance (Restated)

Financial results of Shanti Spintex IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials
30-Sep-23
FY23
FY22
FY21
Balance Sheet
Assets
174.57
175.88
136.31
119.27

Net Worth
61.22
56.04
46.23
41.36

Total Debt
34.74
41.77
48.69
47.29

Profit & Loss
Revenue
Revenue on annualised basis
162.32
324.64
370.33
254.91
112.80

EBITDA
EBITDA on annualised basis
11.33
22.66
21.65
11.90
11.30

PAT
PAT on annualised basis
5.24
10.48
10.13
4.87
3.38

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Shanti Spintex IPO Key performance Indicators (KPI)

Shanti Spintex IPO PAT Margin is 3.23%, ROCE (Return on Capital Employed) is 8.69% as per latest financial. The below table shows Shanti Spintex IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars
30-Sep-23
FY23
FY22
FY21

EBITDA Margin (%)
6.98
5.85
4.67
10.02

PAT Margin (%)
3.23
2.74
1.91
3.00

EPS (Rs.)
3.69
7.13
3.43
2.38

ROE (%)
8.56
18.08
10.53
8.17

ROCE (%)
8.69
16.64
8.10
8.21

ROA (%)
3.00
5.76
3.57
2.83

Debt to Equity (x)  
0.57
0.75
1.05
1.14

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Shanti Spintex IPO Valuation Metrics

The market Capitalisation of Shanti Spintex IPO is Rs 118.22 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (Rs. Cr.):
118.22

Enterprice Value (EV) (Rs. Cr.):
150.03

EV/EBITDA (times) :
6.62

PE Multiple (times) :
11.67

P/B (times) :
1.28

NAV (Rs.) :
43.11

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in Shanti Spintex prospectus?

The Shanti Spintex IPO prospectus highlights an Return on Equity (ROE) of 15%, Return on Assets (ROA) of 12%, and an EBITDA Margin of 18%, showcasing financial performance.

How do profitability ratios impact the evaluation of Shanti Spintex IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Shanti Spintex IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Shanti Spintex IPO ?

The post-IPO market capitalisation of Shanti Spintex IPO is ₹118.22 Cr, based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of Shanti Spintex IPO?

The Shanti Spintex IPO has a Price-to-Earnings (PE) ratio of 11.67 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of Shanti Spintex IPO?

Shanti Spintex IPO reported revenue of ₹324.76 Cr in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Shanti Spintex IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Shanti Spintex IPO?

Shanti Spintex recorded an EBITDA of ₹ 22.66 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Shanti Spintex IPO?

Shanti Spintex Profit After Tax (PAT) is ₹10.48 Cr, reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 324.64 Cr.
            EBITDA: ₹ 22.66 Cr.
            PAT: ₹ 10.48 Cr.
  • EBITDA Margin: 6.98 %
            Pat Margin: 3.23%
  • Net Worth: ₹ 61.22 Cr.
  • Market Capitalisation: ₹ 118.22 Cr.
  • P/E: 11.67 times
  • P/BV: 1.28 times
  • EV/EBITDA: 6.62 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Recent IPO List

Infonative Solutions Limited

  Information Technology

  New Delhi


Spinaroo Commercial Limited

  Aluminium

  Kolkata


Retaggio Industries Limited

  Jewellery

  Mumbai


Identixweb Limited

  Information Technology - SaaS

  Surat


Shri Ahimsa Naturals Limited

  Agro - Food Products

  Jaipur


Peer Companies Of This Sector

FAQs

Shanti Spintex operates in Textiles - Fabrics and Manufacturing And Selling Of Denim Fabrics. The Issue is listed on BSE SME in Dec, 2023. Shanti Spintex IPO size was 31.25 with Issue price of 70.00 .

Shanti Spintex IPO subscription was 27.38 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Shanti Spintex IPO listed at a listing price of 79.80 against the offer price of 70.00.

The current market price of Shanti Spintex is 66.95.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency