The allotment status for Shri Techtex IPO (Initial Public Offering) will be determined on August 2, 2023. The refund process will begin on August 3, 2023 and shares will be added to Demat accounts on August 4, 2023. It is expected that Shri Techtex IPO will be listed on August 7, 2023. Investors can check their allotment status online on the linkintime website or through their bank and Demat account in offline mode. Here is a step-by-step guide on how to check the allotment status for Shri Techtex IPO online or offline.
The company plans to raise approximately ₹45.14 Crores through the IPO, with a fixed price per equity share of ₹54 to ₹61. The IPO will be listed on the NSE SME.
How To Check Shri Techtex Limited IPO Allotment Status:
Shri Techtex IPO Time Table:
| Event | Date |
| Opening Date | 24 July 2023 (Monday) |
| Closing Date | 28 July 2023 (Friday) |
| Basis of Allotment | 02 August 2023 (Wednesday) |
| Initiation of Refunds | 03 August 2023 (Thursday) |
| Credit of Shares to Demat | 04 August 2023 (Friday) |
| Listing Date | 07 August 2023 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on 28 July 2023 |
Shri Techtex IPO Subscription Status:
| Category | Subscription |
| QIB | 58.03x |
| NII | 250.65x |
| Retail | 156.37x |
| Total | 148.44x |
Shri Techtex IPO Allotment Date:
The allotment date for Shri Techtex IPO is 2 August 2023.
Shri Techtex IPO Allotment Timing:
The allotment status of Shri Techtex IPO will be updated on the register’s website between 10:00 PM tonight (02 August 2023) and 11:00 AM tomorrow (03 August 2023).
Shri Techtex IPO Allotment Chances:
The basis of allotment for the Shri Techtex IPO will be around 0.64%, as determined by the retail subscription rate. (Approx.)
You can Check Shri Techtex IPO Allotment Status in two ways:
Shri Techtex IPO: Discover Your Allotment Status on BSE
- Go to the direct BSE link at : BSE Link (Click Here) and log in.
- Select the Shri Techtex IPO.
- Enter the Shri Techtex IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Shri Techtex IPO: Discover Your Allotment Status on linkintime
- Go to the direct linkintime link at (Click Here) and log in.
- Select the Shri Techtex IPO.
- Enter the Shri Techtex IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Shri Techtex IPO Allotment Link
Shri Techtex IPO GMP TODAY:
| Company Name | GMP (₹) | Listing Gain |
| Shri Techtex IPO GMP | ₹35 | 57.38% |
About Shri Techtex Limited
Shri Techtex Limited, established in 2011, specializes in producing Polypropylene (PP) Non-Woven Fabric in various sizes and densities for eco-friendly applications. These fabrics find extensive use in industries requiring disposable or single-use products, such as organic farming, healthcare, nursing homes, home furnishing, vehicle upholstery, and packaging, among others.
Initially, Shri Techtex began as a Partnership firm, engaged in industrial trading of Polymers, Chemicals, and Packaging Materials. After becoming a company, it focused on manufacturing operations on a job-work basis. However, in April 2021, due to a demerger, the contract manufacturing business was transferred to a new company named Aurum Fabritech Private Limited (later converted to an LLP in February 2022). Since then, Shri Techtex has been solely dedicated to manufacturing Polypropylene (PP) Non-Woven Fabric.
Located in Simaj of Dholka Taluka, Ahmedabad District, Gujarat, the manufacturing facility covers an area of 41548 sq. meters and has a production capacity of 3600 MT of PP non-woven fabric per annum. The company’s clientele extends not only across Gujarat, Tamil Nadu, and West Bengal but also includes countries like the USA, Taiwan, Canada, Denmark, and China.
Looking ahead, Shri Techtex plans to broaden its product range by introducing new items such as PP Tufted Fabric (Artificial Grass) and PP Multifilament Yarns. To achieve this, the company will acquire specialized machinery dedicated to manufacturing these products. The production of PP Multifilament is expected to commence by October 2023, with the machinery having a capacity of producing 1200 tons per annum. Similarly, the machinery for PP Tufted Fabric (Artificial Grass) will have an installed capacity of 30 Lakhs Sq Meters per annum.
Shri Techtex IPO FAQs
When is Shri Techtex IPO Allotment Date?
Shri Techtex IPO Allotment is to be available on August 2, 2023.
What will be Shri Techtex IPO Refund Date?
The IPO refund date is August 3, 2023.
What are the Shri Techtex IPO Allotment Chances in Percentage (%)?
The Shri Techtex IPO allotment is based on the subscription. As per the retail application received the basis of allotment will be around 0.64%. (Approx.)
How do I Check My Shri Techtex IPO Allotment Status?
How to Check Your Shri Techtex IPO Allotment Status: Utilize Your PAN Number, Application Number, or Verify the Deducted Amount from Your Bank Account.
How to check Shri Techtex IPO Allotment Status?
To check your Shri Techtex IPO allotment status, you can use your PAN number, application number or check the amount deducted from your bank account.
How to check the Shri Techtex IPO Allotment via Registrar ( Name )?
To check the allotment status of Shri Techtex IPO, simply log onto the allotment page and enter your application number, PAN number, or demat account number. It’s that easy! Click Here
What is Shri Techtex IPO Listing Date?
Shri Techtex IPO listing date is August 7, 2023. The IPO is to list on NSE SME.
For Motre Detail of Shri Techtex IPO Click Here
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