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Shri Techtex Ltd

Registered Office : Harmony 2ndFlr 15/A Opp NABARD,Shree Vidhyanagar Co Op HsgSoc,Ahmedabad Gujarat 380014 Phone : 91-78741 32777
Fax :

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

Opens On

Closes On

26-Jul-2023

28-Jul-2023

Money Payable On

Application

Allotment

61.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

41.50

45.14

24.95

61.00

Beeline Capital Advisors Pvt Ltd

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

MUFG Intime India Pvt Ltd