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Shree Ram Twistex Limited IPO
Shree Ram Twistex Limited IPO

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

Dates

23 Feb - 25 Feb

GMP

₹-20 (-19.23%)

Subscriptions

43.66 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

  1. Funding for setting up of 6.1 MW Solar Power Plant for captive use
  2. Funding for setting up of 4.2 MW Wind Power Plant for captive use
  3. Repayment in full or part, of certain borrowings availed by the Company
  4. Funding the working capital requirements of the Company
  5. General corporate purposes

Shree Ram Twistex IPO Details

Price Band

₹95 - ₹104

Listing At

NSE & BSE

IPO Issue Type

100% 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

(Rs. in crores)

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

(Rs. in crores)

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

(Rs. in crores)

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
MUFG Intime India
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Frequently Asked questions?

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.

Click the allotment link on Shree Ram Twistex IPO page of IPO360.

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  1. Log in to your bank's net banking portal.
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  3. Select Shree Ram Twistex IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date