Shri Techtex Ltd - IPO

Shri Techtex Ltd IPO Details

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.

Objective of issue

Construction of Factory Shed. Commissioning of Solar Plant. Purchase of Machinery. To Meet Working Capital Requirements. General Corporate Purposes.

Shri Techtex Ltd Contact Details

Shri Techtex Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@shritechtex.co.in