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Shri Techtex

Shri Techtex

smelisted
Registrar: Link Intime India Private Limited · Listing 2023-08-07
IPO Timeline
Today · 20 Oct 2026
Opens
26 Jul 2023
Closes
28 Jul 2023
Allotment
28 Jul 2023
Refund
03 Aug 2023
Demat
02 Aug 2023
Listing
07 Aug 2023
Price Band
₹54–61
GMP
₹0
0%
Lot Size
2000 Shares
Min ₹122,000
Subscription
0x
Issue Size
₹45.14 Cr
Open
2023-07-26
Close
2023-07-28
Listing
2023-08-07

About the company

## **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

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 07 Aug 2023
      Listed 1170 days ago
      1. IPO Opens

        Completed
        26 Jul 2023

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        28 Jul 2023

        Last day to place your bid

      3. Basis of Allotment

        Completed
        28 Jul 2023

        Share allotment finalised

      4. Refund Initiation

        Completed
        03 Aug 2023

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        02 Aug 2023

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        07 Aug 2023

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      2000 shares
      Price / Share (upper)
      ₹61
      Min Investment (1 lot)
      ₹122,000
      Price Band
      ₹54–61
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      2000
      Min amount
      ₹122,000
      Max amount
      ₹122,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      4000
      Min amount
      ₹244,000
      Max amount
      ₹244,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹22.57 Cr
      Shares offered
      3,925,218
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹6.77 Cr
      Shares offered
      1,177,565
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹15.8 Cr
      Shares offered
      2,747,652
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).