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    SHANTI SPINTEX LTD.

    08 April 2026 | 12:00

    Industry >> Textiles - Denim

    Select Another Company

    ISIN No INE0QZQ01019 BSE Code / NSE Code 544059 / SHANTIDENM Book Value (Rs.) 59.51 Face Value 10.00
    Bookclosure 02/09/2024 52Week High 79 EPS 6.05 P/E 9.25
    Market Cap. 94.37 Cr. 52Week Low 47 P/BV / Div Yield (%) 0.94 / 0.00 Market Lot 2,000.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    The Company was originally incorporated as a private limited Company under the name of "Shanti Spintex Private Limited" on August 23, 2010 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Ahmedabad, Gujarat bearing registration number as 062084. Thereafter, the Company was converted from private limited to public limited, pursuant to special resolution passed by the shareholders of the Company at the Extraordinary general meeting held on July 31, 2023 and the name of the 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. The Corporate identification number of the Company is U17120GJ2010PLC062084. Amit Bindal, Sanjay Bindal and Rajesh Bindal were the initial subscribers to the Memorandum of Association of the Company.

    Major events and milestones of the Company :
    2010
    - Incorporation of the Company as "Shanti Spintex Private Limited" under the Companies Act, 1956

    2017
    - Commencement of manufacturing unit at Dholka, Dholi, Ahmedabad, Gujarat

    2018
    - Capacity expansion at existing unit by installation of additional airjet looms

    2019
    - Crossed revenue of Rs. 100 Crores

    2022
    - Commissioned a wind energy power plant ("Wind Farm") of combined capacity of 2 MW in the village Likhala, Taluka Savarkundla, District Amreli, Gujarat

    2023
    - Crossed revenue of Rs. 350 crores
    - Conversion of company from Private Limited to Public Limited. In consequence of such conversion, Name of the company changed from "Shanti Spintex Private Limited" to "Shanti Spintex Limited".
    - Installed the 852 kw rooftop solar plant at the manufacturing unit.

    2025
    -The Company's Board has approved to acquire 100% holding in Teesta Spintex Private Limited thereby making it a wholly owned subsidary company.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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