Shri Techtex Limited
LISTEDSME IPO · IPO Guide
Issue Price
₹54 – ₹61
Listed On
04 Aug 2023
Listing Price
₹81.15 (+33.03%)
Current Price LIVE
₹81.15
(+33.03%)
Lot Size Calculator
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,22,000 |
| Retail (Max) | 2 | 4,000 | ₹2,44,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,66,000 |
| S-HNI (Max) | 8 | 16,000 | ₹9,76,000 |
| B-HNI (Min) | 9 | 18,000 | ₹10,98,000 |
As per financials, Shri Techtex Limited has shown good results, RoNW is 30.54% and P/E is respectively 18.41 and 16.71 as per FY22 and FY23 earnings, which looks reasonably priced. Company is in business of manufacturing of Polypropylene (PP) Non-Woven Fabric, which is a highly fragmented and competitive. Performance of BRLM is good. So we are giving rating to this SME IPO. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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Disclaimer
No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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