110  Total SME IPOs listed in 2025

4,935.13 Crs.  Total funds raised in 2025

76  SME IPOs listed with Gain in 2025

34  SME IPOs listed with loss in 2025

110  Total SME IPOs listed in 2025

4,935.13 Crs.  Total funds raised in 2025

76  SME IPOs listed with Gain in 2025

34  SME IPOs listed with loss in 2025

110  Total SME IPOs listed in 2025

4,935.13 Crs.  Total funds raised in 2025

76  SME IPOs listed with Gain in 2025

34  SME IPOs listed with loss in 2025

110  Total SME IPOs listed in 2025

4935.13 Crs.  Total funds raised in 2,025.00

76  SME IPOs listed with Gain in 2025

34  SME IPOs listed with loss in 2025

Shanti Educational Initiatives Ltd IPO (Shanti Educational Initiatives Ltd IPO) Detail

Shanti Educational Initiatives Ltd IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 39.60 Cr. The company is based in Ahmedabad and caters to Textiles sector. Guiness Corporate Advisors is the merchant banker of Shanti Educational Initiatives Ltd IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th March 2016.

Shanti Educational Initiatives Ltd IPO open date is 1st June 2016 and close date is 6th June 2016. IPO Allotment Date is 30th November -0001 and Listing date is 14th June 2016.

IPO Category : SME
Exchange : BSE SME
Issue Type : Fixed Price

IPO Key Highlights

Shanti Educational Initiatives Ltd IPO Date

Date of DRHP:
29th March 2016
IPO Open Date:
1st June 2016
IPO Close Date:
6th June 2016
IPO Allotment Date:
[●]
Initiation of Refund:
[●]
IPO Listing Date:
14th June 2016

Shanti Educational IPO Info, Size, Subscription

Shanti Educational Initiatives Ltd IPO size is ₹ 39.60 Cr. with IPO price of ₹ 90.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 39.60 Cr.

Issue Price:
₹ 90.00

Market Capitalisation :
₹ 0.00 Cr.

PE multiple :
66.00

Subscription :
0.00 times

Pre Issue Promoter Holding :
91.45 %

Post Issue Promoter Holding :
64.55 %

Shanti Educational Initiatives Ltd IPO Information

Sub Sector : businesses in the fields of textile spinning weaving knitting fabric processing chemicals infrastructur
Shanti Educational Initiatives was originally incorporated as Chiripal Enterprises Limited on May 12, 1988 with the Registrar of Companies, Gujarat as a public limited company under the provisions of the Companies Act, 1956and a certificate of commencement of business was issued by the Registrar of Companies, Gujarat on July 12, 1988.Further the name of the Company waschanged from Chiripal Enterprises Limited to Shanti Educational Initiatives Limited vide a fresh certificate of incorporation dated April 16, 2010 issued by the Assistant Registrar
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Object of Issue (Shanti Educational IPO Objectives)

  • Construction of School Building Project at Vastral in Gujarat
  • General Corporate Expenses
  • Issue Expenses

Guiness Corporate Advisors Private Limited is the book-running lead manager of the Shanti Educational Initiatives Ltd IPO. Link Intime India Private Limited is the Registrar and Market Maker is Guiness Securities Limited for Shanti Educational Initiatives Ltd IPO.

Shanti Educational IPO Market Maker

Guiness Securities Limited

Shanti Educational IPO Registrar (RTA)

Link Intime India Private Limited

Shanti Educational IPO Lead Manager (BRLM)

Guiness Corporate Advisors Private Limited

Shanti Educational Initiatives Ltd IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Shanti Educational Initiatives Ltd IPO?

Shanti Educational Initiatives Ltd IPO, based in Ahmedabad, operates in the   Textiles sector with a focus on businesses in the fields of textile spinning weaving knitting fabric processing chemicals infrastructur. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Shanti Educational Initiatives Ltd IPO size is ₹ 39.60 Cr. with fresh issue size of ₹ 39.60 Cr. and Offer for sale being ₹ Nil

When is Shanti Educational IPO allotment?

The IPO allotment date for Shanti Educational Initiatives Ltd IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Shanti Educational Initiatives Ltd IPO allotment status on the registrars website, Link Intime India Private Limited . Shanti Educational Initiatives Ltd IPO refund dates are 30th November -0001.

When is Shanti Educational Initiatives Ltd IPO listing date?

Shanti Educational Initiatives Ltd IPO is expected to be listed on 14th June 2016.

What is the price band for Shanti Educational IPO?

The upper price band for the Shanti Educational Initiatives Ltd IPO is set at ₹ 90.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Shanti Educational Initiatives Ltd IPO Review?

For IPO analysis on Shanti Educational Initiatives Ltd IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Shanti Educational Initiatives Ltd IPO?

To apply for the Shanti Educational Initiatives Ltd IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 6th June 2016. After submission, funds are blocked until the basis of allotment of Shanti Educational Initiatives Ltd IPO is finalised.

Who is the merchant banker of Shanti Educational IPO?

The merchant banker for Shanti Educational Initiatives Ltd IPO is Guiness Corporate Advisors Private Limited . Guiness Corporate Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shanti Educational Initiatives Ltd IPO RHP for further details.

Who is the Registrar of Shanti Educational Initiatives Ltd IPO?

The registrar for Shanti Educational Initiatives Ltd IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Shanti Educational Initiatives Ltd IPO through their official website or helpline.

What is the Shanti Educational Initiatives Ltd IPO subscription?

Shanti Educational Initiatives Ltd IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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Read more details of this IPO

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FAQs

Shanti Educational Initiatives Ltd IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shanti Educational Initiatives Ltd Financial Review Page

Shanti Educational Initiatives Ltd IPO subscription was 0.00 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 Educational Initiatives Ltd IPO listed at a listing price of 91.00 against the offer price of 90.00.

The current market price of Shanti Educational Initiatives Ltd is 90.06.

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