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Shri Techtex IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Textiles - Fabrics sector. Beeline Capital Advisors Private is the merchant banker of Shri Techtex IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 14th February 2023.
Shri Techtex IPO open date is 26th July 2023 and close date is 28th July 2023. IPO Allotment Date is 2nd August 2023 and Listing date is 4th August 2023.Shri Techtex IPO size is Rs 45.14 Cr. crores with IPO price of Rs 61.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Shri Techtex IPO. Link Intime India Private Limited is the Registrar and Market Maker is Sunflower Broking Private Limited for Shri Techtex IPO.
Shri Techtex IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Rajasthan Global Securities | 654,000.00 | ₹61.00 | ₹39,894,000.00 |
| Nav Capital Vcc | 820,000.00 | ₹61.00 | ₹50,020,000.00 |
| LRSD Securities Private | 298,000.00 | ₹61.00 | ₹18,178,000.00 |
| Neomile Growth Fund | 164,000.00 | ₹61.00 | ₹10,004,000.00 |
| VPK Global Ventures | 164,000.00 | ₹61.00 | ₹10,004,000.00 |
Shri Techtex IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shri Techtex IPO, based in Ahmedabad, operates in the Textiles - Fabrics sector with a focus on Manufacturing of Polypropylene. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Shri Techtex IPO size is ₹ 45.14 Cr. Crores with fresh issue size of Rs 45.14 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Shri Techtex IPO is expected to be 2nd August 2023, after the finalization of basis of allotment. Investors can check Shri Techtex IPO allotment status on the registrars website, Link Intime India Private Limited. Shri Techtex IPO refund dates are 3rd August 2023.
Shri Techtex IPO is expected to be listed on 4th August 2023.
The upper price band for the Shri Techtex IPO is set at ₹ 61.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Shri Techtex IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Shri Techtex IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 28th July 2023. After submission, funds are blocked until the basis of allotment of Shri Techtex IPO is finalised.
The merchant banker for Shri Techtex IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shri Techtex IPO RHP for further details.
The registrar for Shri Techtex IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Shri Techtex IPO through their official website or helpline.
Shri Techtex IPO was subscribed 148.44 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 45.14 Cr.
Avg IPO Size (Sector Based)
:
₹ 22.57 Cr.
Sector: Textiles - Fabrics
SME IPO so far:
11
Merchant Banker:
Beeline Capital
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹ 56.92 cr.
PE
Ratio:
16.71x
Average Sector PE Ratio: 12.18x
Shri Techtex IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shri Techtex Financial Review Page
Merchant Banker(s) of Shri Techtex IPO: Beeline Capital Advisors Private Limited
Shri Techtex IPO subscription was 148.44 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Shri Techtex IPO listed at a listing price of 85.20 against the offer price of 61.00.
The current market price of Shri Techtex is 80.35.
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