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Shri Techtex Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Shri Techtex Ltd IPO

Registered Office: Harmony 2ndFlr 15/A Opp NABARD,Shree Vidhyanagar Co Op HsgSoc , Ahmedabad - 380014 , Gujarat , India.
Phone : 91-78741 32777   Fax:
Email :  cs@shritechtex.co.in  
Website :  www.shritechtex.com
Public issue of 7400000 equity shares of face value of (Rs)10/- each of Shri Techtex Limited ("STL" or the "Company" or the "Issuer") for cash at a price of (Rs)61/- per equity share including a share premium of (Rs)51/- per equity share (the "Issue Price") aggregating to (Rs)45.14 crores ("The Issue"), of which 372000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)61/- per equity share including a share premium of (Rs)51/- per equity share aggregating to (Rs)2.27 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 7028000 equity shares of face value of (Rs)10/- each at a price of (Rs)61/- per equity share including a share premium of (Rs)51/- per equity share aggregating to (Rs)42.87 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 29.66% and 28.17%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10/- each.

Issue Money Payable On
Opens On Closes On Application Allotment
26-Jul-23 28-Jul-23 (Rs)61.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 41.50
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 45.14  
Post Issue Equity Share Capital 24.95  
Issue Price (Rs)61.00  
 
Projects
Construction of Factory ShedTo Meet Working Capital Requirements
Commissioning of Solar PlantGeneral Corporate Purposes
Purchase of Machinery
Promoted By
Hanskumar Ramakant Agarwal  
Shradha Hanskumar Agarwal  
Listing At
NSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd