Shanti Spintex Limited was originally incorporated as a Private Limited Company under the name of 'Shanti Spintex Private Limited' on August 23, 2010 with the Registrar of Companies, Ahmedabad. Thereafter, Company converted from Private Limited to Public Limited and the name of Company was changed from 'Shanti Spintex Private Limited' to 'Shanti Spintex Limited' vide fresh Certificate of Incorporation dated August 18, 2023, issued by the Registrar of Companies, Ahmedabad, Gujarat.
Since its incorporation, Shanti Spintex Limited has grown into a leading denim fabric manufacturer, driven by strategic investments and a clear focus on sustainable growth. The Company manufacture various type of denim fabrics such as power stretch spandex denim, knit denim, light weight denim, rigid denim, over dyed denim and flat finish 3/1 denim. Equipped with 96 advanced air-jet weaving machines, the facility has an
annual production capacity of over 19.2 million meters of denim fabric.
The Company was initially founded by Amit Bindal, Sanjay Bindal and Rajesh Bindal. In 2014, there existing Promoters, Mr. Bharat Bhushan Agarwal and Mr. Rikin Agarwal took over the Company. The Company began its business as a fabrics trading concern in F.Y. 2014-15. In year 2016-17, it started production fabric weaving unit at Dholi, Ahmedabad, Gujarat. In 2017-18, it expanded the existing unit by installation of additional airjet looms. Later, the Company in November, 2022, commissioned a Wind Farm Powe ...r Plant of combined capacity of 2 MW in Amreli district of Gujarat.
The Company came up with the Initial Public Offer of issuing 44,64,000 equity shares having the face value of Rs 10, by raising funds aggregating to Rs 31.24 crores, comprising a fresh issue of 26,88,000 equity shares aggregating to Rs 18.82 crores and the offer for sale of 17,76,000 equity shares aggregating to Rs 12.43 crores in December 2023.
On 9th May 2025, the Company acquired 100% equity shares of Teesta Spintex Private Limited, making it a wholly owned subsidiary.
1. Can I buy Shanti Spintex Ltd from PL Capital? ›
Yes, you can invest in Shanti Spintex Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Shanti Spintex Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Shanti Spintex Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Shanti Spintex Ltd pay dividends? ›
Shanti Spintex Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Shanti Spintex Ltd ? ›
As of
03-Sep-2026 , 16:00:03 the share price for Shanti Spintex Ltd. is ₹ 37.65 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Shanti Spintex Ltd ? ›
The 52-week high and low of Shanti Spintex Ltd share price is ₹ 30 - ₹ 75 as of
03-Sep-2026 , 16:00:03 .
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