Shree Ram Twistex Limited IPO
Shree Ram Twistex is engaged in the manufacturing of cotton yarns, including compact ring spun and carded yarns in both combed and carded variants, along with value-added products such as Eli Twist (combed and carded), compact slub yarns and lycra-blended yarns. Its yarns are used in knitting and weaving applications across diverse end-use segments including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles and industrial fabrics. The Company operates exclusively in the business-to-business (B2B) segment, supplying textile manufacturers, garment exporters, bulk purchasers and fabric processors.
Price Band₹95 - ₹104 |
Dates23 Feb - 25 Feb |
GMP₹-20 (-19.23%) |
Subscriptions43.66 times |
Issue Size₹110.24 Crs |
Shree Ram Twistex IPO Key Dates
Opening Date
23 Feb 26
Closing Date
25 Feb 26
Basis Of Allotment
26 Feb 26
Initiations Of Refund
27 Feb 26
Credit Of Shares
27 Feb 26
Listing Date
02 Mar 26
Shree Ram Twistex IPO Objects
- 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 in full or part, of certain borrowings availed by the Company
- Funding the working capital requirements of the Company
- General corporate purposes
Shree Ram Twistex IPO Details
Price Band₹95 - ₹104 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹110.24 Cr (1.06 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹110.24 Cr (1.06 Cr Shares) |
Face Value₹10 per equity share |
Shree Ram Twistex IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
144
14,976
Maximum
13
1,872
1,94,688
|
|||
| Small HNI |
Minimum
14
2,016
2,09,664
Maximum
66
9,504
9,88,416
|
|||
| Big HNI |
Minimum
67
9,648
10,03,392
|
|||
Shree Ram Twistex IPO Subscription
Updated as on 25-Feb-2026 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 3.94 | 79,50,000 | 3,13,42,320 |
| NII | 220.30 | 15,90,000 | 35,02,69,344 |
| bNII (bids above ₹10L) | 240.94 | 10,60,000 | 25,54,00,704 |
| sNII (bids between ₹2L to ₹10L) | 179.00 | 5,30,000 | 9,48,68,640 |
| Retail | 76.63 | 10,60,000 | 8,12,29,968 |
| Total | 43.66 | 1,06,00,000 | 46,28,41,632 |
Shree Ram Twistex IPO GMP
The estimated Grey Market Premium of Shree Ram Twistex IPO is ₹-20 per share (-19.23%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not less than 75% of Net Offer |
| Big HNIs (NII) | Not more than 10% of Net Offer |
| Small HNIs (NII) | Not more than 5% of Net Offer |
| Retail | Not more than 10% of Net Offer |
Shree Ram Twistex IPO Financials
| Particulars | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 132.08 | 255.04 | 231.59 | 213.10 |
| PAT | 7.00 | 8.00 | 6.55 | 2.05 |
| Net Worth | 80.70 | 74.03 | 66.80 | 61.11 |
| Borrowings | 60.70 | 62.48 | 67.04 | 55.70 |
| Assets | 217.44 | 194.20 | 154.30 | 135.71 |
| NAV (₹) | 26.34 | 23.97 | 21.77 | 19.57 |
| EPS (₹) | 2.38 | 2.72 | 2.23 | 0.70 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 8.57% |
| PAT | 3.14% |
| RONW | 11.36% |
| ROCE | 13.37% |
| Debt to Equity | 0.84 |
| PE Ratio | 38.24 |
| PB Ratio | 4.34 |
| Mkt Cap (in Crs.) | 415.74 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shree Ram Twistex IPO Peer Comparision
| Particulars | Shree Ram Twistex | Ambika Cotton Mills | Damodar Industries | Rajapalayam Mills |
|---|---|---|---|---|
| Revenue | 255.04 | 702.07 | 421.44 | 898.48 |
| PAT | 8.00 | 65.74 | 5.40 | -50.20 |
| EPS (₹) | 2.72 | 114.83 | 2.32 | -54.45 |
| NAV (₹) | 23.97 | 1,539.69 | 56.62 | 495.33 |
| RONW | 10.80% | 7.46% | -0.05% | -12% |
| EBITDA | 8.57% | 14.72% | 4.50% | 8.15% |
| PE Ratio | 38.24 | 11.37 | 14.09 | -15.23 |
| Debt to Equity | 0.84 | - | 1.99 | 2.57 |
All information pertains to FY 2024-25.The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of November 20, 2025 for Peers
Shree Ram Twistex IPO Peer Comparision
| Particulars | Shree Ram Twistex |
|---|---|
| Revenue | 255.04 |
| PAT | 8.00 |
| EPS (₹) | 2.72 |
| NAV (₹) | 23.97 |
| RONW | 10.80% |
| EBITDA | 8.57% |
| PE Ratio | 38.24 |
| Debt to Equity | 0.84 |
| Ambika Cotton Mills | Damodar Industries | Rajapalayam Mills |
|---|---|---|
| 702.07 | 421.44 | 898.48 |
| 65.74 | 5.40 | -50.20 |
| 114.83 | 2.32 | -54.45 |
| 1,539.69 | 56.62 | 495.33 |
| 7.46% | -0.05% | -12% |
| 14.72% | 4.50% | 8.15% |
| 11.37 | 14.09 | -15.23 |
| - | 1.99 | 2.57 |
All information pertains to FY 2024-25.The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of November 20, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Bhaveshbhai Ramani | 20.71% |
| Nidhiben Kothari | 11.00% |
| Others | 15.29% |
| Total | 47.00% |
Management Details
| Name | Designation |
|---|---|
| Bhaveshbhai Ramani | Chairman & MD |
| Jay Tilala | CFO |
Company Details
Name: Shree Ram Twistex Limited
Address: 566P1, Umwada Road, Near Bajrang Cotspin, Gondal, Rajkot – 360 311, Gujarat, India
Number: +91 75100 12200
Email: cs@shreeramtwistex.com
Website: www.shreeramtwistex.com
Book Running Lead Managers (BRLMs)
RTAs
MUFG Intime India
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Find answers to common questions that come in your mind related to IPO.
Shree Ram Twistex IPO is a Mainboard IPO having an issue size of Rs. ₹110.24 Crs. Shree Ram Twistex IPO is priced at ₹95 - ₹104 per share. The issue opens on 23 Feb 26 and closes on 25 Feb 26.
Shree Ram Twistex IPO opens on 23 Feb 26 and closes on 25 Feb 26.
The estimated Grey Market Premium of Shree Ram Twistex IPO is ₹-20 per share (-19.23%).
The minimum lot size of Shree Ram Twistex IPO is 144 shares & the minimum application amount is Rs. 14976.
The allotment date of Shree Ram Twistex IPO is 26 Feb 26.
The listing date of Shree Ram Twistex IPO is 02 Mar 26.
Shree Ram Twistex IPO is subscribed 43.66 times.
Shree Ram Twistex IPO is priced at ₹95 - ₹104 per share.
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