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July 26, 2023 - July 28, 2023

Shri Techtex IPO FAQ

Shri Techtex IPO Date & Price

The Shri Techtex IPO opens on July 26, 2023 and closes on July 28, 2023.

Shri Techtex IPO timetable / schedule is as below:
  • Bid/Offer Opens On: July 26, 2023
  • Bid/Offer Closes On: July 28, 2023
  • Finalization of Basis of Allotment: August 2, 2023
  • Initiation of refunds: August 3, 2023
  • Credit of Equity Shares: August 4, 2023
  • Listing Date: August 4, 2023

Shri Techtex IPO price is set at ₹61 per equity share.

Shri Techtex IPO will close for subscription at 5 PM on July 28, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Shri Techtex IPO starts on July 26, 2023. The issue ends on July 28, 2023.

Shri Techtex IPO Issue Size and Subscription Status

The Shri Techtex IPO size is 7400000 Equity Shares of ₹10 aggregating up to ₹45.14 Cr.

Shri Techtex Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Shri Techtex IPO shares through the banks (using ASBA) or through the broker (using UPI).

Shri Techtex IPO Offer Size

Qualified Institutional Buyers (QIB)1,410,000 Shares
Non-Institutional Investors (NII)1,056,000 Shares
Retail Individual Investor (RII)2,462,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size4,928,000 Shares

Shri Techtex IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)58.03 times times
Non-Institutional Investors (NII)250.65 times times
Retail Individual Investor (RII)156.37 times times
Employee Reservations times
Other Reservations times
Total Issue Size148.44 times times

Click here to check the Shri Techtex IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Shri Techtex IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Shri Techtex IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Shri Techtex IPO Allotment and Listing

The Shri Techtex IPO allot status will be available online on August 2, 2023. Check the Shri Techtex IPO Allotment Status here.

Click here to check Shri Techtex IPO Allotment Status.

Shri Techtex IPO listing Date is August 4, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Shri Techtex IPO listing date and time is published by the exchange in a circular.

Click here to view the Shri Techtex IPO Basis of Allotment.

It is hard to say at what price Shri Techtex IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Shri Techtex IPO shares will list on August 4, 2023 at NSE SME.

Shri Techtex IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Shri Techtex IPO which could help you with questions like Shri Techtex IPO buy or not? You should also read Shri Techtex IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Shri Techtex IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Shri Techtex IPO performance. The performance reports are available 1 day after listing.