
Shri Techtex
listed
₹1.08LMin. investment
About Shri Techtex
Issue size
₹45.14Cr
IPO type
SME
Price range
₹54.00 – ₹61.00
Lot size
2000 shares
RHP/DRHP
Read
Price range₹54.00 – ₹61.00
IPO type
SME
Lot size2000 shares
Issue size₹45.14Cr
RHP/DRHP
Read
Checklist
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About Shri Techtex Limited IPO
Incorporated 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 :
Company Name | Shri Techtex Limited | Company Type | Private | |
---|---|---|---|---|
IPO Type | SME |
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Shri Techtex ?
The issue size of the Shri Techtex is 45.14 Cr.
What is 'pre-apply' for Shri Techtex ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Shri Techtex shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts26 Jul 2023
- Bidding ends28 Jul 2023
- Allotment finalisation28 Jul 2023
- Release of funds3 Aug 2023
- Demat transfer2 Aug 2023
- Listing7 Aug 2023