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Shree Ram Twistex IPO

Shree Ram Twistex came to market through an IPO that opened on 23 February 2026 and closed on 25 February 2026, and the shares listed on 2 March 2026 on BSE, NSE. The price band was ₹95 to ₹104 per share and one lot was 144 shares, so the minimum application was ₹14,976. The issue size was ₹110.24 crore. The whole issue was fresh shares, so the money raised went to the company.

Bigshare Services Pvt.Ltd was the registrar to the issue, and Interactive Financial Services Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹95 to ₹104
Lot size
144 shares
Minimum investment
₹14,976
Face value
₹10 per share
Issue size
₹110.24 crore
Fresh issue
1,06,00,000 shares (aggregating up to ₹110.24 crore)
Listing at
BSE, NSE
Registrar
Bigshare Services Pvt.Ltd
Lead managers
Interactive Financial Services Ltd
Promoter holding before the issue
47.07%

Timeline

Opens
23 February 2026
Closes
25 February 2026
Allotment
26 February 2026
Listing
2 March 2026

Subscription status by day

As of 25 February 2026.

Day
1
2
3

Listing day and after

Issue price
₹104
Listed on
2 March 2026

About Shree Ram Twistex

Shree Ram Twistex produces cotton yarns, including Compact Ring Spun and Carded Yarns, both Combed and Carded. The yarns are used in both knitting and weaving for various products, such as denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics.

It also provides value-added yarns, such as Eli Twist (Combed and Carded), Compact Slub Yarns, and Lycra-Blended Yarns.The company follows a business-to-business (B2B) model - supplying products to textile manufacturers, garment exporters, bulk buyers, and fabric processors. The products are sold across various states, including Gujarat, Rajasthan, West Bengal, Maharashtra, Tamil Nadu, Madhya Pradesh, and Punjab, as well as the union territory of Dadra and Nagar Haveli, and also export to other countries.

Its manufacturing unit is based in Gondal, Rajkot, Gujarat, with 17 compact ring-spinning machines with a total spindle number of 27,744. The company also has five (5) warehouses, two (2) for raw material storage, two (2) for finished goods storage, and one (1) for general storage, with a total storage capacity of 9,855 MT.

As described in the offer document.

Objects of the issue

  • Funding for setting up of 6.1 MW Solar Power Plant for captive use
  • Funding for setting up of 4.2 MW Wind Power Plant for captive use
  • Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company
  • Funding the working capital requirements of our Company
  • General corporate purposes

Strengths

  • Well-integrated spinning infrastructure with compact ring-spinning machinery.
  • Long-standing customer relationships, which provide a high probability of repeat business.
  • Strategically located facility with storage and logistical support.

Risks

  • Customer Concentration Risk: The company’s business is highly dependent on a few customers.
  • Geographical Concentration Risk: The company’s facility is located in Gujarat, which is a major source of revenue.
  • Raw Material Dependency: The company’s business is highly dependent on cotton bales.

Financials (₹ crore)

Metric30-Sep-2531-Mar-2531-Mar-2431-Mar-23

Listed peers

Shree Ram Twistex
RoNW 10.80%%
Ambika Cotton Mills
RoNW 7.46%%
Damodar Industries
RoNW 0.05%%
Rajapalayam Mills
RoNW -12.0%%

Promoters

Bhaveshbhai Bhikhumbhai Ramani, Jay Atulbhai Tilala, Nidhi Bhaveshbhai Kothari. Promoter holding 47.07% before the issue.

Application sizes

Retail (min)
1 lot, 144 shares, ₹14,976
Retail(max)
13 lots, 1872 shares, ₹1,94,688
sHNI(min)
14 lots, 2016 shares, ₹2,09,664
sHNI(max)
66 lots, 9504 shares, ₹9,88,416
bHNI(min)
67 lots, 9648 shares, ₹10,03,392

Valuation

EPS Pre IPO
₹2.72
EPS Post IPO
₹3.50
P/E Pre IPO
38.21
P/E Post IPO
29.69
ROCE
13.37%
RoNW
11.36%
PAT Margin
3.14%
Debt/Equity
0.84
Price/Book
4.13
Market Cap
₹110.24 cr

Registrar and allotment status

Registrar
Bigshare Services Pvt.Ltd
Allotment status
https://ipo.bigshareonline.com/ipo_status.html
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com

Work out the listing gain for this IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Shree Ram Twistex IPO

What is Shree Ram Twistex IPO?

Shree Ram Twistex IPO was a ₹110.24 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹95–₹104 per share with a lot size of 144 shares (₹14,976). The IPO was open from February 23 to February 25, 2026 and was subscribed 43.66x. Shares listed on BSE and NSE on March 2, 2026 at ₹68, a 34.6% discount to the issue price of ₹104. Bigshare Services Pvt. Ltd. is the registrar. Interactive Financial Services Ltd.

is the book running lead manager.

What is the price band of Shree Ram Twistex IPO?

The price band of Shree Ram Twistex IPO is ₹95 to ₹104 per share.

What is the lot size of Shree Ram Twistex IPO?

The lot size of Shree Ram Twistex IPO is 144 shares.

What is the minimum investment for Shree Ram Twistex IPO?

The minimum investment for Shree Ram Twistex IPO is approximately ₹14,976 based on the upper price band.

What is the allotment date of Shree Ram Twistex IPO?

The allotment date of Shree Ram Twistex IPO is Feb 26, 2026.

What was the GMP of Shree Ram Twistex IPO before listing?

Shree Ram Twistex IPO's final recorded GMP before listing was -₹25 per share (a 24% discount to the ₹104 upper price band). The shares listed at ₹68. GMP is unofficial and does not forecast or guarantee the actual listing price.

How has Shree Ram Twistex IPO share price performed since listing?

Shree Ram Twistex IPO listed on Mar 2, 2026. It was issued at ₹68.0(NSE) and is currently around ₹34.10 as on 2-Nov-2026 3:30 PM, which is approximately -67.2% versus issue price. The 52-week high is ₹73.36.

How to check Shree Ram Twistex IPO allotment status?

You can check Shree Ram Twistex IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shree Ram Twistex IPO allotment status on Rupix for quick and easy access.

What was the price band of the Shree Ram Twistex IPO?

₹95 to ₹104 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Shree Ram Twistex IPO?

One lot was 144 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,976.

What was the minimum investment in the Shree Ram Twistex IPO?

₹14,976, for one lot of 144 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Shree Ram Twistex IPO open and close?

It opened on 23 February 2026 and closed on 25 February 2026.

When was the allotment of the Shree Ram Twistex IPO?

The basis of allotment was published on 26 February 2026 by Bigshare Services Pvt.Ltd, and allotted shares were credited to demat accounts before listing.

When did Shree Ram Twistex list on BSE, NSE?

The shares listed on 2 March 2026 on BSE, NSE.

How large was the Shree Ram Twistex IPO?

The issue size was ₹110.24 crore. The fresh issue was 1,06,00,000 shares (aggregating up to ₹110.24 crore).