Shree Ram Twistex Limited IPO

Shree Ram Twistex Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹95 - ₹104

Total Issue

₹110.24 Cr

Bid Dates

23 Feb - 25 Feb

Subscription

43.66x

Est. GMP

₹-20 (-19.23%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Shree Ram Twistex IPO
Category Lots Shares Amount
Retail (Min) 1 144 ₹14,976
Retail (Max) 13 1,872 ₹1,94,688
S-HNI (Min) 14 2,016 ₹2,09,664
S-HNI (Max) 66 9,504 ₹9,88,416
B-HNI (Min) 67 9,648 ₹10,03,392

Category Reservation

QIB 75%
NII 15%
Ret 10%
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹110.24 Cr
Fresh Issue
₹110.24 Cr (1.06 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹-20
Est. Price ₹84
Est. Gain -19.23%

Shree Ram Twistex IPO Peer Comparison

(Rs. in crores)

Shree Ram Twistex IPO Peer Comparison Table
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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Shree Ram Twistex IPO
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

KPIs

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.

Shareholding

Promoter

47.00%

Public

53.00%

Bhaveshbhai Ramani 20.71%
Nidhiben Kothari 11.00%
Others 15.29%

Management

Bhaveshbhai Ramani Chairman & MD
Jay Tilala CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 25-Feb-2026 19:00:00

Mainboard Subscription Status for Shree Ram Twistex IPO
Category Sub (x) Offered Bids
QIB 3.94 79,50,000 3,13,42,320
NII 220.30 15,90,000 35,02,69,344
bHNI 240.94 10,60,000 25,54,00,704
sHNI 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

Frequently Asked Questions

What is Shree Ram Twistex IPO?
Shree Ram Twistex IPO is a Mainboard IPO having an issue size of ₹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.
When will Shree Ram Twistex IPO open?
Shree Ram Twistex IPO opens on 23 Feb 26 and closes on 25 Feb 26.
What is the GMP of Shree Ram Twistex IPO?
The estimated Grey Market Premium of Shree Ram Twistex IPO is ₹-20 per share (-19.23%).
What is the lot size of Shree Ram Twistex IPO?
The minimum lot size of Shree Ram Twistex IPO is 144 shares & the minimum application amount is Rs. 14976.
When is the allotment of Shree Ram Twistex IPO?
The allotment date of Shree Ram Twistex IPO is 26 Feb 26.
What is the listing date of Shree Ram Twistex IPO?
The listing date of Shree Ram Twistex IPO is 02 Mar 26.
What is the subscription of Shree Ram Twistex IPO?
Shree Ram Twistex IPO is subscribed 43.66 times.
What is the price band of Shree Ram Twistex IPO?
Shree Ram Twistex IPO is priced at ₹95 - ₹104 per share.
How to check allotment status of Shree Ram Twistex IPO?
Click the allotment link on Shree Ram Twistex IPO page of IPO360.
How to apply Shree Ram Twistex IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Shree Ram Twistex IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Shree Ram Twistex IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  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