Shri Techtex IPO will be Open on 26 July 2023 and closes on 28 July 2023. The company has fixed the price of this IPO at ₹61 according to the face value of ₹10. The company will raise ₹45.14 Crores through this IPO under the 74,00,000 Equity Shares public issue, and the offer is 100% Fixed Price Issue. The company reserve quota in this IPO 50% for NII and 50% Retail Investor. You can check Shri Techtex IPO GMP here.
Shri Techtex Limited is engaged in the business of manufacturing of Polypropylene (PP) Non-Woven Fabric. The practical use of non-woven fabric is more ecological for certain applications, especially in fields and industries where disposable or single use products are important, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods. the company manufacture PP non-woven fabric in variety of sizes and density.
The company manufacture PP non-woven fabric upto 4.5 meters size and 15 GSM to 800 GSM. The company manufacturing facility is situated at Simaj of Dholka Taluka in Ahmedabad District of Gujarat. The manufacturing facility is well connected with near about transport hubs. check Shri Techtex IPO Allotment status here.
Our manufacturing facility is spread across 41548 sq. meters. The manufacturing facility is installed with manufacturing capacity of 3600 MT PP non-woven fabric per annum. You can check Shri Techtex IPO subscription status here.
Objects Of The Issue :
- Construction Of Factory Shed
- Purchase of Machineries
- Commissioning of Solar Plant
- To Meet Working Capital Requirements
- General Corporate Purpose
- To meet Public Issue Expenses
Company Strengths :
- Experienced Promoters and Management Team.
- Prime Location of our Manufacturing Facility and installed Capacity.
- Wide Application of Products.
- Infrastructure and Integrated capabilities to deliver quality Products.
| Read also: Upcoming IPO List 2023 |
Shri Techtex IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹9.10 Cr ₹61/ EQ 5.19 11.75x 35.84 % 30.54 % 20.07 % 1.07 ₹16.99 ₹73.86 Cr ₹152.20 Cr 100.00% 70.34 % |
| Team Review : | ✔ Apply For Listing Gain & Long Term |
Shri Techtex IPO GMP Live:
Shri Techtex IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 03 Aug 2023 | Check Live GMP | ₹59500 |
| 02 Aug 2023 | ₹34-₹35 | ₹59500 |
| 01 Aug 2023 | ₹34-₹35 | ₹59500 |
| 31 Jul 2023 | ₹34-₹35 | ₹60000 |
| 30 Jul 2023 | ₹30-₹32 | ₹59000 |
Shri Techtex IPO Date & Price Band & Details :
| Issue Offer : | Book Built Issue |
| IPO Open : | 26 July 2023 |
| IPO Close : | 28 July 2023 |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹61 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹45.14 Cr (74,00,000 Shares) |
| Fresh Issue : | ₹45.14 Cr (74,00,000 Shares) |
| Offer For Sale : | N/A |
Shri Techtex IPO Market Lot :
Shri Techtex IPO Minimum Market lot is 1 Lot with 2000 shares with ₹122,000 Application amount. The retail investors can apply up to 1 lots with 2000 Shares or ₹122,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 2000 | ₹122,000 |
| Retail (Max) : | 1 | 2000 | ₹122,000 |
| S-HNI (Min) : | 2 | 4000 | ₹244,000 |
Shri Techtex IPO Shares Offer :
A Total of 74,00,000 shares are to be bid for the public issue by Shri Techtex IPO with 74,00,000 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 7,400,000 | ₹45.14 Cr |
| Offer For Sale : | – | – |
| Total : | 7,400,000 | ₹45.14 Cr |
Shri Techtex IPO Net Reservation :
Shri Techtex IPO Net Reservation of 7,400,000 shares are to be bid for the public issue by Shri Techtex IPO with 3,510,000 for QIB and 1,56,000 for NII 2,462,00 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 3,510,000 | ₹21.41 Cr |
| NII : | 15% | 1,056,000 | ₹6.44Cr |
| RII : | 35% | 2,462,000 | ₹15.02 Cr |
| MMRP : | – % | 372,000 | ₹2.27 Cr |
| Total : | 100% | 7,400,000 | ₹45.14 Cr |
Shri Techtex IPO Dates :
Shri Techtex IPO Date is 26 July 2023 to 28 July 2023. The allotment will be finalized on 02 August 2023 and the IPO may list on 07 August 2023.
| Issue Open Date : | 26 July 2023 |
| Issue Close Date : | 28 July 2023 |
| Allotment Date : | 02 August 2023 |
| Refund Date : | 03 August 2023 |
| Share Credit Date : | 04 August 2023 |
| Listing Date : | 07 August 2023 |
Shri Techtex IPO Form :
There are two ways to apply in Shri Techtex IPO. You can apply for Shri Techtex IPO through ASBA available in your bank account. You have to go to your online bank login and select Shri Techtex IPO in the Invest section and apply through your bank account. Another option is you can apply Shri Techtex IPO through IPO form download through NSE and BSE. See the Shri Techtex IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Shri Techtex Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹5,807.58 | ₹4,646.45 | ₹910.63 |
| 2022 | ₹5,182.15 | ₹4,118.75 | ₹826.56 |
| 2021 | ₹4,021.58 | ₹2,342.49 | ₹1,265.68 |
Company Promoters :
■ Mrs. Shradha Hanskumar Agrawal
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Shri Techtex IPO Lead Managers :
■ Beeline Capital Advisors Private Limited
Shri Techtex IPO Registrar :
Link Intime India Private Limited
Address: C-101, 247 Park, LBS Marg, Vikhroli (West),
Mumbai – 400083, Maharashtra, India
Tel. Number: +91 810 811 4949
Fax- 022 – 4918 6060
Email Id: [email protected]
Investors Grievance Id: [email protected]
Website: www.linkintime.co.in
Note: Check Shri Techtex IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Shri Techtex Limited
Harmony, 2nd Floor,15/A, Shree Vidhyanagar Co.Op.
Hsg. Soc. Ltd. Opp. Nabard,
Nr. Usmanpura Garden Ahmedabad – 380014
Phone: +91 78741 32777
Email: [email protected]
Website: https://shritechtex.com/
Shri Techtex IPO FAQs :
What is Shri Techtex IPO?
Shri Techtex IPO is SME IPO. They are going to raise ₹45.14 Crores via IPO. The issue is priced at ₹61 per equity share. The IPO to be listed on NSE, SME.
When Shri Techtex IPO will open?
The IPO is to open on 26 July 2023 to 28 July 2023 for QIB, NII & RII.
How much is Shri Techtex IPO Size?
Shri Techtex IPO size is ₹45.14 Crores.
How much is the Fresh issue size of Shri Techtex IPO?
The Fresh issue size of Shri Techtex IPO ₹45.14 Cr.
How much is the Offer For Sale size of Shri Techtex IPO?
The Offer For Sale size of Shri Techtex IPO ₹- Cr.
What is Shri Techtex IPO Price Band?
Shri Techtex IPO Price Band is ₹61 Per share.
What is the Shri Techtex IPO Minimum and Maximum Lot Size?
The minimum bid is 2000 Shares with ₹122,000 amount while the maximum bid is 2000 shares with ₹122,000.
How much is Shri Techtex IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
When is Shri Techtex IPO Allotment Date?
Shri Techtex IPO allotment date is 02 August 2023.
When is Shri Techtex IPO Listing Date?
Shri Techtex IPO listing date is 07 August 2023. The IPO to list on BSE, SME.
How to Apply the Shri Techtex IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Shri Techtex IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Shri Techtex IPO through Upstox?
“You Can Apply SME IPO in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Shri Techtex IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Shri Techtex IPO through Groww?
“You Can Apply SME IPO in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Shri Techtex IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Shri Techtex IPO through Paytm Money?
“You Can Apply SME IPO in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Shri Techtex IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Shri Techtex GMP: Click Here Shri Techtex Subscription: Click Here Shri Techtex Allotment: Click Here Shri Techtex Listing: Click Here |
All Shri Techtex IPO-related links are available here. If you want to know the details then click on Click Here Link.
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