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Shri Techtex Limited IPO Date, Price, Review and Details

 

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Shri Techtex Limited IPO

July 26, 2023 - July 28, 2023 Closed

Shri Techtex Limited IPO 

Shri Techtex Limited was incorporated in 2011. This company specializes in manufacturing Polypropylene (PP) Non-Woven Fabric. Non-woven fabric is highly practical and eco-friendly, making it ideal for various applications, particularly in industries where disposable or single-use products are essential. Its uses range from organic farming and healthcare settings like hospitals and nursing homes to home furnishing, vehicle upholstery, mattress and furniture covering, ecological packaging, and industrial and consumer goods. Over the past three fiscal years, they have witnessed continuous growth in their financial performance, with various indicators showing positive trends. Their balance sheet has also seen consistent improvement, resulting in a higher net worth. Moreover, their operations have expanded naturally over time.


Company Promoters:

Mr. Hanskumar Ramakant Agarwal
Mrs. Shradha Hanskumar Agarwal

Objects of this 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


Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 31 Mar 2022

As on 31 Mar 2021

Total Assets

7,386.45

5,282.41

4,652.15

Total Liabilities

6,129.84

3,406.42

2,798.43

Net Profit

910.63

826.56

1,265.68


Shri Techtex Limited IPO Schedule 
1. Bid or Offer Opens on: 26 July 2023

2. Bid or Offer Closes on: 28 July 2023
3. Finalization of BoA:02 August 2023
4. Initiation of Refunds: 03 August 2023
5. Credit of shares to Demat account: 04 August 2023
6. Listing Date: 07 August 2023

Shri Techtex Limited IPO Lot Size

The market lot size of Shri Techtex Limited IPO is 4,000 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  2000

₹122,000

Maximum

1

  2000

₹122,000

S-HNI(Minimum)

2

  4,000

₹244,000

Company Contact Details:

Harmony, 2nd Floor,15/A, Shree Vidhyanagar Co.Op. Hsg.
Soc. Ltd. Opp. Nabard, Nr. Usmanpura Garden Ahmedabad -
380014, Gujarat, India.
Phone: +91 78741 32777
Email:   cs@shritechtex.co.in
Website: https://shritechtex.com/

Shri Techtex Limited IPO Registrar Details:
Link Intime India Private Ltd
C-101, 247 Park, LBS Marg, Vikhroli (West), Mumbai – 400083,
Maharashtra, India
Telephone:  +91-22-4918 6270
Email: shritechtex.ipo@linkintime.co.in 
Website:  https://linkintime.co.in/mipo/ipoallotment.html

Frequently Asked Question

Minimum and maximum order quantity is 1 lot only.
The meaning of "Shri Techtex Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Shri Techtex Limited IPO on the current day.
If you do not get the allotment of Shri Techtex Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The face value of Shri Techtex Limited IPO is ₹10 per share.
Opening date of Shri Techtex Limited IPO is July 26, 2023.
Closing date of Shri Techtex Limited IPO is July 28, 2023.
Shri Techtex Limited IPO shares will get listed on August 07, 2023.
Pre-issue shareholding of the Shri Techtex Limited IPO promoter is 100%.
You will receive shri techtex private limited shares in your Demat account on August 04, 2023, if allotted.
Lot size of the Shri Techtex Limited IPO is 2000 shares.
Shri Techtex Limited IPO Shares will get listed at NSE SME.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Shri Techtex Limited IPO share price ₹54 to ₹61 per share.
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