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SHRITECHSME / NSEListed

Shri Techtex Limited

Incorporated in 2011, Shri Techtex Limited is engaged in manufacturing Polypropylene (PP) Non-Woven Fabric, which is used in eco-friendly and disposable products for industries like healthcare, organic farming, automotive, home furnishing, industrial packaging, and consumer goods. Earlier the firm was focused on trading polymers, chemicals, and packaging materials and later moved into manufacturing on a job-work basis, but after the demerger on April 01, 2021, Shri Techtex is fully focused on manufacturing PP non-woven fabric at its facility in Dholka, Ahmedabad with a capacity of 3,600 MT per year spread across 41,548 sq. meters. The company supplies its products in states like Gujarat, Tamil Nadu, and West Bengal, and also exports to countries including the USA, Taiwan, Canada, Denmark, and China. Shri Techtex is further planning expansion and will add new products such as PP Tufted Fabric (Artificial Grass) and PP Multifilament Yarns, with expected production commencement by October 2023.

₹54 - ₹61148.44x sub
Listed Price81.15
Listing Gain+33.03%
TimelineBook Built Issue IPO
Open26 Jul 2023
Close28 Jul 2023
Allotment02 Aug 2023
Listing04 Aug 2023

Quota Reservation Portions

RetailPortion: 24,62,000 shares
33.27%
Nii(hni)Portion: 10,56,000 shares
14.27%
QIBPortion: 35,10,000 shares
47.43%
Market MakerPortion: 3,72,000 shares
5.03%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,22,000
HNI2 lots / 4,000 shares
₹2,44,000

About the Company

Incorporated in 2011, Shri Techtex Limited is engaged in manufacturing Polypropylene (PP) Non-Woven Fabric, which is used in eco-friendly and disposable products for industries like healthcare, organic farming, automotive, home furnishing, industrial packaging, and consumer goods. Earlier the firm was focused on trading polymers, chemicals, and packaging materials and later moved into manufacturing on a job-work basis, but after the demerger on April 01, 2021, Shri Techtex is fully focused on manufacturing PP non-woven fabric at its facility in Dholka, Ahmedabad with a capacity of 3,600 MT per year spread across 41,548 sq. meters. The company supplies its products in states like Gujarat, Tamil Nadu, and West Bengal, and also exports to countries including the USA, Taiwan, Canada, Denmark, and China. Shri Techtex is further planning expansion and will add new products such as PP Tufted Fabric (Artificial Grass) and PP Multifilament Yarns, with expected production commencement by October 2023.

Company Promoters

Mr. Hanskumar Ramakant AgarwalMrs. Shradha Hanskumar Agarwal
Shri Techtex Limited IPO Details | GMP, Allotment & Financials | IPO Trending