247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Shri Techtex Limited IPO (Shri Techtex IPO) Details

Shri Techtex Limited is an Textiles - Fabrics based company, located in Ahmedabad, Shri Techtex Limited IPO size was 45.14 Cr. and was issued at 61.00 per share. The share of Shri Techtex Limited were listed at 85.20 per share and are currently trading at 73.10 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
58.08 Cr.

PAT :
9.11 Cr.

Pricing Report

Issue Price :
61.00

Listing Price :
85.20

Current Market Price :
73.10

Issue Price vs CMP :
12.1 (19.84%)

listing Price vs CMP :
12.1 (14.20%)

Performance Report (CAGR* wise)

CAGR : 13.11
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Shri Techtex

Company Information
Shri Techtex is engaged in the business of manufacturing of Polypropylene (PP) Non-Woven Fabric. The practical use of non-woven fabric is more ecological for certain applications, especially in fields and industries where disposable or single use products are important, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods. They manufacture PP non-woven fabric in variety of sizes and density. As on the date of this Draft Red Herring Prospectus, they manufacture PP non-woven fabric upto 4.5 meters size and 15 GSM to 800 GSM.
Their manufacturing facility is situated at Simaj of Dholka Taluka in Ahmedabad District of Gujarat. The manufacturing facility is well connected with near about transport hubs.
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Object of Issue
  • Construction of Factory Shed,
  • Commissioning of Solar Plant
  • Purchase of Machineries
  • To meet working capital requirements
  • General corporate purpose, and to meet public issue expenses

Shri Techtex SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Aug, 2023
IPO Size :
45.14 Cr.
Market Cap :
152.20 Cr.   
IPO Subscription :
148.44 X     
PE Multiple :
16.71
IPO Registrar:
Link Intime India Private Limited

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FAQs

Shri Techtex operates in Textiles - Fabrics and . The Issue is listed on NSE EMERGE in Aug, 2023. Shri Techtex IPO size was 45.14 Cr. with Issue price of 61.00 .

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 73.10.

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