Shri Techtex IPO Subscription Status – IPO Closed

Vijay Prajapati
July 28, 2023

Vijay Prajapati

Shri Techtex IPO subscription status started on Wednesday July 26, 2023 and will close on July 28, 2023. Shri Techtex IPO to raise around ₹45.14 crores via IPO. The retail quota is 35%, QIB is 50%, and NII is 15%. The price band is fixed at ₹54 to ₹61 per equity share.

The Shri Techtex IPO minimum market lot is 2000 shares with ₹122,000 application amount. The Shri Techtex IPO is an NSE SME IPO, and it will list on NSE.

Shri Techtex is engaged in the business of manufacturing Polypropylene (PP) Non-Woven Fabric. The practical use of non-woven fabric is more ecological for certain applications, especially in fields and industries where disposable or single-use products are important, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods. They manufacture PP non-woven fabric in a variety of sizes and densities. As of this Red Herring Prospectus date, they manufacture PP non-woven fabric up to 4.5 meters in size and 15 GSM to 800 GSM.

IPOWatch View

We recommend investors may apply for an IPO with Long term views. Investors should also look at the QIB, NII, and Retail numbers before investing.

Shri Techtex IPO Subscription Status – Day 3

Category	Day 3
QIB	58.03
NII	250.61
RII	156.24
Total	148.36

Shri Techtex IPO Investor Categories

Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
Retail Individual Investors (RII): Retail Individual Investors or NRIs
Employee (EMP): Eligible Employees
Others: Eligible Shareholders

Shri Techtex IPO Review

May Apply

Shri Techtex IPO Form

How to apply for the Shri Techtex IPO? You can apply for Shri Techtex IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shri Techtex IPO in the Invest section. The other option is you can apply for Shri Techtex IPO via IPO forms downloaded online. Check out the Shri Techtex forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Shri Techtex IPO Subscription Status FAQs:

When Shri Techtex IPO Subscription will start?

The IPO subscription starts on July 26, 2023 for QIB, NII, and Retail Investors.

How to subscribe Shri Techtex IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Shri Techtex IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Shri Techtex IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Shri Techtex”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Shri Techtex IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Shri Techtex”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Shri Techtex IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Shri Techtex” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the Shri Techtex IPO Allotment Date?

Shri Techtex IPO allotment date is August 2, 2023.

What is the Shri Techtex IPO Listing Date?

Shri Techtex IPO listing date is August 4, 2023. The IPO is to list on NSE.

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