About Shri Techtex Limited IPOIncorporated in 2018, Shri Techtex manufactures polypropylene (PP) non-woven fabric. This non-woven fabric finds applications in organic farming, hospitals, health care, nursing homes, home furnishing and many other segments. Company has its manufacturing facility situated in Ahmedabad, with manufacturing capacity of 3,600 metric tonne (MT) of polypropylene. The factory is well connected with nearby transport hubs. Now, Shri Techtex is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised through the fresh issue will be utilised towards construction of factory shed, purchase of machinery, commissioning of solar plant and to meet working capital requirements. Here are key details about the Shri Techtex Limited IPO:
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