Shri Techtex Limited IPO
Shri Techtex Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹54–₹61 per share. The stock debuted at ₹81.15, delivering a listing gain of 33.0%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,22,000.
Shri Techtex Limited IPO
- IPO Dates
- Jul 26, 2023 – Jul 28, 2023
- Price band
- ₹54-61 per equity share
- Minimum Investment
- ₹1,22,000
- Issue size
- 7,400,000 shares(aggregating up to ₹45.14 Cr)
- Lot size
- 2000
- Allotment Date
- Aug 2, 2023
- Listing
- Aug 4, 2023
- Listing At
- NSE SME
IPO timeline
-
Jul 26, 2023
Open Date
Completed
-
Jul 28, 2023
Close Date
Completed
-
Aug 2, 2023
Allotment Date
Completed
-
Aug 4, 2023
Listing Date
Completed
Shri Techtex Limited IPO Essentials
Shri Techtex Limited IPO Details
Shri Techtex Limited IPO is priced at ₹54-61 per share with a total issue size of 7,400,000 shares(aggregating up to ₹45.14 Cr). The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹54-61 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 7,400,000 shares(aggregating up to ₹45.14 Cr)
- Listing at
- NSE SME
- List price
- 81.15
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Beeline Capital Advisors Pvt Ltd
Shri Techtex Limited IPO Details
- Retail Portion 35%
Shri Techtex Limited IPO Documents
Shri Techtex Limited IPO Analytics
Shri Techtex Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Shri Techtex Limited IPO Subscription Status
Shri Techtex Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,410,000 / 1,056,000 | 2,462,000 | 4,928,000 |
|
Day 1
26-07-23 06:00 PM
|
(4.50 / 3.73) x | 11.18 x | 7.67 x |
|
Day 2
27-07-23 06:00 PM
|
(11.53 / 29.91) x | 48.29 x | 33.83 x |
|
Day 3
28-07-23 06:00 PM
|
(58.03 / 250.65) x | 156.37 x | 148.44 x |
Shri Techtex Limited Valuations
Earnings
- EPS (Post IPO)
- ₹5.19/-
- P/E Ratio
- 16.71
Returns
- RoNW
- 30.54%
Shri Techtex Limited Financials( In Lakhs)
| 30-Nov-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 6,030.73 | 5,282.41 | 4,652.15 | 1,766.65 |
| Revenue | 3,626.02 | 5,182.15 | 4,021.58 | 1,625.73 |
| Profit After Tax | 607.24 | 826.56 | 1,265.68 | 447.23 |
Shri Techtex Limited Company & Offer Insights
About Shri Techtex Limited
Shri Techtex Limited manufactures Polypropylene (PP) Non-Woven Fabric in a variety of sizes and densities.
The company manufactures Polypropylene (PP) Non-Woven Fabric, which is used for ecological applications, especially in fields and industries where disposable or single-use products are necessary, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods.
Since FY 2011, as a Partnership firm, Shri Techtex was engaged in the business of industrial trading activity in Polymers, Chemicals, Packaging Materials and other allied products. Upon conversion of the Partnership Firm to a company, Shri Techtex continued manufacturing on a job-work basis. W.e.f. April 01, 2021, as a result of demerger, the said business of contract manufacturing was transferred to the resultant company Aurum Fabritech Private Limited (Aurum Fabritech Private Limited was converted to LLP w.e.f. February 02, 2022). After the demerger, to date, the company is engaged in the business of manufacturing Polypropylene (PP) Non-Woven Fabric.
Shri Techtex's manufacturing site is located at Simaj of Dholka Taluka in the Ahmedabad District of Gujarat with a manufacturing capacity of 3600 MT PP non-woven fabric per annum. The manufacturing facility is spread across 41548 sq. meters.
The company's client base comes from Gujarat, Tamil Nadu, and West Bengal as well as countries like the USA, Taiwan, Canada, Denmark, and China.
Shri Techtex is planning an expansion by adding new products like PP Tufted Fabric, commonly known as Artificial Grass and PP Multifilament Yarns. The company will purchase new specialized machinery for manufacturing the new products, and is expecting to commence production by October 2023. The machinery will have an installed capacity to manufacture 1200 tons per annum for the PP Multifilament and 30 Lakhs Sq Meters per annum for PP Tufted Fabric (Artificial Grass).
Shri Techtex Limited Promoter(s)
Mr. Hanskumar Ramakant Agarwal, Mrs. Shradha Hanskumar Agarwal are the company's promoters of Shri Techtex Limited.
Shri Techtex Limited IPO Issue Objectives
- •
- Construction of Factory Shed
- •
- Commissioning of Solar Plant
- •
- Purchase of Machineries
- •
- To meet working capital requirements
- •
- General corporate purpose, and to meet public issue expenses.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Shri Techtex Limited IPO is a book-built IPO worth ₹7,400,000 shares(aggregating up to ₹45.14 Cr). The price band is ₹54–₹61 per share. The IPO opens on Jul 26, 2023 and closes on Jul 28, 2023. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The price band of Shri Techtex Limited IPO is ₹54 to ₹61 per share.
The lot size of Shri Techtex Limited IPO is 2000 shares.
The minimum investment for Shri Techtex Limited IPO is approximately ₹1,22,000 based on the upper price band .
Shri Techtex Limited IPO opens on Jul 26, 2023 and closes on Jul 28, 2023.
The allotment date of Shri Techtex Limited IPO is Aug 2, 2023.
Shri Techtex Limited IPO is expected to be listed on Aug 4, 2023, on NSE SME Platform.
Shri Techtex Limited IPO valuation snapshot: P/E 16.71, EPS ₹5.19/-, P/B N/A, RoNW 30.54%, and market cap N/A.
To apply for Shri Techtex Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Shri Techtex Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Shri Techtex Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Shri Techtex Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shri Techtex Limited IPO allotment status on IPO Ji for quick and easy access.