
Textiles & Apparel · NSE
Incorporated in 2011, Shri Techtex Limited is engaged in manufacturing Polypropylene (PP) Non-Woven Fabric, which is used in eco-friendly and disposable products for industries like healthcare, organic farming, automotive, home furnishing, industrial packaging, and consumer goods. Earlier the firm was focused on trading polymers, chemicals, and packaging materials and later moved into manufacturing on a job-work basis, but after the demerger on April 01, 2021, Shri Techtex is fully focused on manufacturing PP non-woven fabric at its facility in Dholka, Ahmedabad with a capacity of 3,600 MT per year spread across 41,548 sq. meters. The company supplies its products in states like Gujarat, Tamil Nadu, and West Bengal, and also exports to countries including the USA, Taiwan, Canada, Denmark, and China. Shri Techtex is further planning expansion and will add new products such as PP Tufted Fabric (Artificial Grass) and PP Multifilament Yarns, with expected production commencement by October 2023.
Price Band
₹54 – ₹61
Issue Size
₹45.14 Cr
Lot Size
2000 shares
GMP
+49.2%
Est. Listing
₹91
at current GMP
Subscribed
148.44x
overall
Open
26 Jul 2023
Close
28 Jul 2023
Allotment
2 Aug 2023
Refund
3 Aug 2023
Demat Credit
4 Aug 2023
Listing
4 Aug 2023
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹61
Band: ₹54 – ₹61
Estimated Listing Price
₹91
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,22,000
Estimated Profit / Lot
₹60,000
2000 × ₹30
Grey Market Premium trend
+₹30
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹30 | 49.2% | ₹91 |
| 30 Oct 2026 | +₹30 | 49.2% | ₹91 |
| 29 Oct 2026 | +₹27 | 44.3% | ₹88 |
GMP is unofficial market data. Not a guarantee of listing performance.
Shri Techtex Limited is bringing an initial public offering (IPO) in the Textiles & Apparel sector with an aggregate issue size of ₹45.14 Crores. The shares are offered at a price band of ₹54 to ₹61 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,22,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-08-04, while un-allotted funds or UPI block mandates will be released on 2023-08-03.
The latest grey market premium for Shri Techtex Limited IPO is ₹30, which indicates an expected listing price of ₹91.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.