The Shri Techtex IPO has begun on 26 Jul 2023. It will close on 28 July 2023. The Total IPO Size is 45.14 Crore. The company set its IPO price is 61 Rs Per Share. Basically, There are three basic categories in Shri Techtex IPO Subscription 1) QIB 2) Retail Individual Investors (RIIs) 3) NII
Shri Techtex is established in 2011.
Shri Techtex are 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 manufacturing facility is situated at Simaj of Dholka Taluka in Ahmedabad District of Gujarat.
Check :- Upcoming SME IPO 2023
Peers
1) Garware Technical Fabrics Limited
2) Shubham Polyspin Limited
Shri Techtex IPO Promotors
| Name of the Promoter | No. of Shares held | Average cost of Acquisition (in ₹ ) |
| Hanskumar Ramakant Agarwal | 6409611 | 0.01 |
| Shradha Hanskumar Agarwal | 6409611 | 1.75 |
| Total Pre Issue | 12801711(72.94%) | |
Shri Techtex IPO Date, Details & Price Band
| IPO Opening Dates | 26 July 2023 |
| IPO Closing Dates | 28 July 2023 |
| Price Band | 54-61 Rs Per Share |
| Fresh issue | 45.14 Crore |
| Total IPO size | 45.14 Crore |
| Minimum bid (lot size) | 2000 Shares |
| Face Value | 10 INR Per Share |
| QIB | 50% |
| NII | 15% |
| Retail | 35% |
| Listing On | NSE SME |
Shri Techtex IPO Market Lot
The Shri Techtex IPO minimum market lot is 2000 shares With 1,22,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 2000 | 1,22,000 Rs |
| Maximum | 1 | 2000 | 1,22,000 Rs |
| S-HNI (Min) | 2 | 4000 | 2,44,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-20 | 1,766.65 | 1,625.73 | 447.23 |
| 31-Mar-21 | 4,652.15 | 4,021.58 | 1,265.68 |
| 31-Mar-22 | 5,282.41 | 5,182.15 | 826.56 |
| 30-Nov-22 | 6,030.73 | 3,626.02 | 607.24 |
Shri Techtex IPO GMP Grey Market Premium
Shri Techtex IPO GMP Grey market premium has been started today. Check Latest Shri Techtex IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Shri Techtex IPO Prospectus
| DRHP | Download |
Shri Techtex IPO Reviews
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Shri Techtex IPO Form Download
Shri Techtex IPO is available on NSE Website as well as on our Portal. Please click here Shri Techtex IPO form Download.
Shri Techtex IPO Allotment Date & Details
| Allotment Date | 2 August 2023 |
| Initiation of refunds | 3 August 2023 |
| Transfer of shares to Demat accounts | 4 August 2023 |
| Listing Date | 7 August 2023 |
| Check Allotment Status | Click here |
Registrar of Shri Techtex IPO
Link Intime India Private Limited
SEBI Registration Number: INR000004058
Address: C-101, 247 Park, LBS Marg, Vikhroli (West), Mumbai – 400083, Maharashtra, India Tel.
Number: +91 22 4918 6200
Fax- 022 – 4918 6060
Email Id: [email protected]
Investors Grievance Id: [email protected]
Website: www.linkintime.co.in
Contact Person: Shanti Goapalkrishnan
CIN: U67190MH1999PTC118368
Shri Techtex Contact Details
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 Lead Managers
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
SEBI Registration Number: INM000012917
Address: 807, Phoenix, Opp. Girish Cold Drinks, Near Vijay Cross Roads, Navrangpura, Ahmedabad –
380009, Gujarat.
Telephone Number: 079 4840 5357
Email Id: [email protected]
Investors Grievance Id: [email protected]
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah
CIN: U67190GJ2020PTC114322