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IPO

IPO Synopsis
Shri Techtex Ltd
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 :  NA
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 Rs61.00-0.00 Rs0.00-0.00
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 Rs61.00  
 
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