1.Company Information

Incorporated in 2011, Shri Techtex Limited manufactures Polypropylene (PP) Non-Woven Fabric in a variety of sizes and densities.

The company manufactures Polypropylene (PP) Non-Woven Fabric, which is used for ecological applications, especially in fields and industries where disposable or single-use products are necessary, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods.

Since FY 2011, as a Partnership firm, Shri Techtex was engaged in the business of industrial trading activity in Polymers, Chemicals, Packaging Materials and other allied products. Upon conversion of the Partnership Firm to a company, Shri Techtex continued manufacturing on a job-work basis. W.e.f. April 01, 2021, as a result of demerger, the said business of contract manufacturing was transferred to the resultant company Aurum Fabritech Private Limited (Aurum Fabritech Private Limited was converted to LLP w.e.f. February 02, 2022). After the demerger, to date, the company is engaged in the business of manufacturing Polypropylene (PP) Non-Woven Fabric.

2. Objective of the Issue

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

1. Construction of Factory Shed,

2. Commissioning of Solar Plant,

3. Purchase of Machineries,

4. To meet working capital requirements,

5. General corporate purpose, and to meet public issue expenses.

3.Shri Techtex IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: shritechtex.ipo@linkintime.co.in

Website: https://linkintime.co.in/mipo/ipoallotment.html