Shanti Spintex Ltd.
BBSE:SHANTIDENM34.90
INR
+1.90
(+5.76%)
ISIN
INE0QZQ01019
Return %
Stock
S&P 500
1Y
-43.25
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
INR
•
in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Semi-annual Revenue
INR
•
in mil. unless spec.Semi-annual Earnings Per Share
INR
•
in mil. unless spec.Semi-annual Dividends Per Share
INR
•
in mil. unless spec.Company Description
- CEO
- Rikin Bharatbhushan Agarwal
- Full Time Employees
- 91
- Sector
- Process industries
- Industry
- Textiles
- Address
- Ahmedabad India
- IPO Date
- Dec 27, 2023
- Website
- shantispintex.com
- Similar Companies
- Business
- Shanti Spintex Limited is an India-based textile manufacturing company primarily engaged in the production, processing, and distribution of a comprehensive range of denim fabrics and allied textile products. Founded in 2010 and headquartered in Ahmedabad, Gujarat, India, the company manufactures diverse fabric categories tailored for domestic and international apparel manufacturers, fashion brands, garment exporters, and textile wholesalers. The company's product portfolio comprises power stretch denim; comfort stretch denim; 100% cotton rigid denim; cotton-polyester blended denim; poly-viscose-spandex stretch denim; indigo, sulfur, and reactive dyed fabrics; flat finish and mercerized denim; dobby and jacquard patterned denim; printed and coated denim; desized fabrics; and greige textile materials. In addition to fabric manufacturing, Shanti Spintex provides specialized yarn dyeing, rope dyeing, warping, sizing, and customized textile finishing services. The company operates advanced manufacturing facilities equipped with automated high-speed air-jet looms and continuous processing infrastructure in Gujarat, catering to key apparel hubs across India and overseas export markets. In recent corporate developments, Shanti Spintex completed its initial public offering and listed its equity shares on the BSE SME platform to support business growth and working capital requirements, following its transition to a public limited company. Furthermore, the company has expanded its manufacturing capacity with upgraded weaving and finishing machinery, installed captive rooftop solar power installations to improve operational cost efficiency and environmental sustainability, and extended its strategic distribution partnerships across regional garment manufacturing clusters.