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Shri Techtex Limited IPO Subscriptions Status Live Today

 

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Shri Techtex Limited IPO

July 26, 2023 - July 28, 2023 Closed

Shri Techtex Limited IPO Details

Issue Open

26 July 2023

Issue Close

28 July 2023

IPO Price

₹54 to ₹61 per equity share

Face Value

₹10 per equity share

IPO Size

₹45.14 Cr.

Listing At

NSE, SME

IPO Lot Size

2000 Shares

IPO Investor Categories

Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered to retail investors.

Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.

NII category has two subcategories:

1. sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.

2. bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.

Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.
Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.

Others- A category of eligible shareholders or other investors with a reserved IPO quota.

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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