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
Close Date
Allotment Date
02 August 2023
07 August 2023
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