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Shri Techtex Ltd

Shri Techtex Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹61
₹61
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹61
Based on GMP
Min. Investment
₹122,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
26 Jul 2023
Close Date
28 Jul 2023
Allotment
02 Aug 2023
Listing Date
04 Aug 2023
Exchange
NSE SME
Price Band
₹61
Listing Price
See chart
Allotment Status
Price Band
₹61
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
74,00,000 shares (aggregating up to ₹45.14 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹122,000
1 lot
Pre-IPO Holding
1,75,50,000 shares
Promoters
Post-IPO Holding
2,49,50,000 shares
Promoters
P/E (Pre)
16.71x
 
EPS (Pre)
₹5.19
 
UPI Deadline
2023-07-28
Mandate
Anchor AllotmentTue, 25 Jul 2023
Basis of AllotmentWed, 02 Aug 2023
Refund InitiationThu, 03 Aug 2023
Demat CreditFri, 04 Aug 2023
Listing DayFri, 04 Aug 2023
UPI Mandate Deadline2023-07-28
Sale TypeFresh Capital
Net Offer to Public70,28,000 shares (aggregating up to ₹42.87 Cr)
Market Maker Quota3,72,000 shares (aggregating up to ₹2.27 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Shri Techtex Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 28 Jul 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
372,000
₹2.27
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
7,400,000
100% ₹45.14
IPO Shares Offered
Shri Techtex Ltd IPO total issue size: ₹45.14 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 372,000 ₹2.27
5.03%
Total 7,400,000 ₹45.14
100.00%
* Based on upper price band ₹61 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹61.00
Upper Band
Min Investment
₹122,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹244,000
Retail (Max — 13 Lots)1326,000₹1,586,000
S-HNI (Min — 14 Lots)1428,000₹1,708,000
B-HNI (Min — 68 Lots)68136,000₹8,296,000
* Issue Price ₹61 × Lot Size 2,000 shares
IPO Schedule
Anchor
25 Jul 2023
✓ Done
IPO Open
26 Jul 2023
✓ Done
IPO Close
28 Jul 2023
✓ Done
Allotment
02 Aug 2023
✓ Done
Refunds
03 Aug 2023
✓ Done
Demat Credit
04 Aug 2023
✓ Done
Listing Day
04 Aug 2023
✓ Done
Shri Techtex Ltd — Live Price LIVE
₹61.00
INR · NSE
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Issue ₹61.00 Live Price
About Shri Techtex Ltd
Incorporated in 2011, 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).
Objects of the Issue
1
Construction of Factory Shed
2
Purchase of Machineries
3
Commissioning of Solar Plant
4
To Meet Working Capital Requirements
5
General Corporate Purpose
Shri Techtex Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹4,021.6
31-Mar-21
₹5,182.2
31-Mar-22
₹5,807.6
31-Mar-23
Profit After Tax (PAT)
₹1,265.7
31-Mar-21
₹826.6
31-Mar-22
₹910.6
31-Mar-23
Particulars31-Mar-2331-Mar-2231-Mar-21
Revenue from Operations 5807.58 5182.15 4021.58
EBITDA N/A N/A N/A
Profit After Tax (PAT) 910.63 826.56 1265.68
Net Worth 2981.50 2099.47 2075.69
Total Assets 7386.45 5282.41 4652.15
Reserves & Surplus 1256.61 1875.99 1853.72
Borrowings 3188.98 2451.57 1498.66
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
35.84%
RoCE
20.07%
RoNW
30.54%
Debt/Equity
1.07
Issue Structure & Shareholding
Total Shares Offered74,00,000 (100.00%)
Net Offer to Public70,28,000 shares (aggregating up to ₹42.87 Cr)
Reserved for Market Maker3,72,000 shares (aggregating up to ₹2.27 Cr)
Pre-Issue Promoter Holding1,75,50,000 shares
Post-Issue Promoter Holding2,49,50,000 shares
P/BV RatioN/A
RoE35.84%
RoCE20.07%
Debt / Equity1.07
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Shri Techtex Ltd IPO subscribed?

Shri Techtex Ltd IPO is subscribed 1.00 times by Jul 28, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Shri Techtex Ltd IPO retail subscription status?

The Shri Techtex Ltd IPO retail category is subscribed 1.00 times as of 28 Jul 2023. The retail portion is oversubscribed.

How to subscribe Shri Techtex Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 26 Jul 2023 and closes 28 Jul 2023. Min investment: ₹122,000 (1 lot = 2,000 shares). UPI mandate: 2023-07-28.

How many times Shri Techtex Ltd IPO subscribed?

The Shri Techtex Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Shri Techtex Ltd IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 02 Aug 2023. Refunds: on 03 Aug 2023.

When Shri Techtex Ltd IPO will be listed?

The Shri Techtex Ltd IPO listing date is 04 Aug 2023, Friday. Listed on: NSE SME. Issue price: ₹61. Estimated listing: ₹61. GMP: NIL.

When Shri Techtex Ltd IPO close?

The Shri Techtex Ltd IPO closes on 28 Jul 2023, Friday. UPI mandate: 2023-07-28. Allotment: 02 Aug 2023. Listing: 04 Aug 2023.