Open Date

26 July 2023

28 July 2023

2000 shares

Rs. 45.14 Cr

Lot Size

IPO Size

Listing At

NSE, SME

Listing  Date

Price Range

₹ 54 to ₹ 61  per share

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Close Date

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Allotment Date

02 August 2023

07 August 2023

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Shri Techtex specializes in the production of Polypropylene (PP) Non-Woven Fabric, catering to a wide range of industries that require disposable or single-use products.  This includes a variety of industries, such as Horticulture, Geotextile, Construction, Furniture, Healthcare, and more.

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: 1. Construction of Factory Shed 2. Establish a Solar Plant 3. Procuring Machinery and Equipment 4. Fulfilling Working Capital Needs 5. Supporting General Corporate Activities 6. Covering Public Issue Expenses

The book-running lead managers to the offer are: Beeline Capital Advisors Private Ltd