Shri Techtex Limited
Book Built Issue IPO · NSE
- Price band
- ₹54 - ₹61
- Lot size
- 2,000 shares
- Issue amount
- ₹45.14 cr
- Total subscription
- 148.44×
- Opens
- 26 Jul 2023
- Closes
- 28 Jul 2023
- Allotment
- 2 Aug 2023
- Listing
- 4 Aug 2023
Offer at a glance
Issue overview
- Issue size
- 74,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,08,000
- Fresh issue
- ₹45.14 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,22,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,75,50,000
- Shares after issue
- 2,49,50,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,22,000 |
| HNI | 2 | 4,000 | ₹2,44,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 8.6 | 499.14 |
| RETAIL | 15.02 | 2,346.39 |
| NIB | 6.44 | 1,616.62 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 5.19 |
| ROE | 35.84 |
| ROCE | 20.07 |
| RONW | 30.54 |
| PRE IPO(PE) | 16.71 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2011, Shri Techtex Limited is engaged in manufacturing Polypropylene (PP) Non-Woven Fabric, which is used in eco-friendly and disposable products for industries like healthcare, organic farming, automotive, home furnishing, industrial packaging, and consumer goods. Earlier the firm was focused on trading polymers, chemicals, and packaging materials and later moved into manufacturing on a job-work basis, but after the demerger on April 01, 2021, Shri Techtex is fully focused on manufacturing PP non-woven fabric at its facility in Dholka, Ahmedabad with a capacity of 3,600 MT per year spread across 41,548 sq. meters. The company supplies its products in states like Gujarat, Tamil Nadu, and West Bengal, and also exports to countries including the USA, Taiwan, Canada, Denmark, and China. Shri Techtex is further planning expansion and will add new products such as PP Tufted Fabric (Artificial Grass) and PP Multifilament Yarns, with expected production commencement by October 2023.
Promoters
Mr. Hanskumar Ramakant Agarwal
Mrs. Shradha Hanskumar Agarwal
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Harmony, 2nd Floor,15/A, Shree Vidhyanagar Co.Op. Hsg. Soc. Ltd. Opp. Nabard, Nr. Usmanpura Garden Ahmedabad - 380014
+91 78741 32777
[email protected]Company website ↗Understanding SHRITECH IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.