IPO Synopsis

Shri Techtex Ltd
Registered Office: Harmony 2ndFlr 15/A Opp NABARD,Shree Vidhyanagar Co Op HsgSoc,Ahmedabad-380014, Gujarat
Tel. No: 91-78741 32777
Fax No:
Email: cs@shritechtex.co.in
Website:
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-2023 28-Jul-2023 ₹61.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of :2000
(₹ 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 61.00
Projects
Construction of Factory Shed
Commissioning of Solar Plant
Purchase of Machinery
To Meet Working Capital Requirements
General Corporate Purposes
Promoted By
Hanskumar Ramakant Agarwal
Shradha Hanskumar Agarwal
Listing At
NSE - SME
Registrar To The Issue