Shree Ram Twistex IPO
Open MainLineCurrent GMP
₹0 (0.00%)
Price Band
₹ 95 – 104
Lot Size
144
Issue Size
₹110 Cr
Minimum Investment
₹14976 (144 Shares)
Listing Date
02 March 2026
Subscription
43.62x
About the Company
Shree Ram Twistex Limited is engaged in the manufacturing of high-quality cotton yarns, catering primarily to the textile industry. The company produces a diverse range of yarn products, including Compact Ring Spun Yarns and Carded Yarns, available in both combed and carded variants.
These yarns are widely used in knitting and weaving applications for manufacturing products such as denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics.
In addition to standard yarn offerings, the company also manufactures value-added yarns, including:
- Eli Twist Yarns (Combed and Carded)
- Compact Slub Yarns
- Lycra-Blended Yarns
Shree Ram Twistex Limited operates on a Business-to-Business (B2B) model, supplying its products to textile manufacturers, garment exporters, bulk buyers, and fabric processors.
The company has a strong domestic presence, supplying across multiple Indian states including Gujarat, Rajasthan, West Bengal, Maharashtra, Tamil Nadu, Madhya Pradesh, and Punjab, as well as the Union Territory of Dadra and Nagar Haveli. In addition to its domestic operations, the company also exports its products to international markets.
Its state-of-the-art manufacturing facility is located in Gondal, Rajkot, Gujarat. The unit is equipped with 17 compact ring-spinning machines, with a total installed spindle capacity of 27,744 spindles.
To support its operations, the company maintains five warehouses comprising:
- Two warehouses for raw material storage
- Two warehouses for finished goods
- One warehouse for general storage
The total combined storage capacity across these facilities is approximately 9,855 metric tons (MT).
Promoters
- Bhaveshbhai Bhikhumbhai Ramani
- Jay Atulbhai Tilala
- Nidhi Bhaveshbhai Kothari
Promoters Holding
Holding Pre Issue
47.07%
Holding Post Issue
0.00%
Objects of the Issue
The Company Shree Ram Twistex IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding for setting up of 6.1 MW Solar Power Plant for captive use : 7.85 Cr
- Funding for setting up of 4.2 MW Wind Power Plant for captive use : 39.00 Cr
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company : 14.89 Cr
- Funding the working capital requirements of our Company : 44.00 Cr
- General corporate purposes
Address / Contact Info
Shree Ram Twistex Limited
566P1, Umwada Road
Near Bajrang Cotspin, Gondal,
Rajkot, Gujarat, 360311
Phone: 91 75100 12200
Email: cs@shreeramtwistex.com
Website: http://www.shreeramtwistex.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 23 February 2026
IPO Close Date
Wednesday, 25 February 2026
Basis of Allotment
Thursday, 26 February 2026
Initiation of Refunds
Friday, 27 February 2026
Credit of Shares to Demat
Friday, 27 February 2026
Listing Date
Monday, 02 March 2026 — NSE & BSE
Important Dates
Open Date
23 February 2026
Close Date
25 February 2026
Basis Of Allotment
26 February 2026
Listing Date
02 March 2026
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 217.44 | 194.2 | 154.3 | 135.71 |
| Revenue | 132.27 | 256.32 | 231.72 | 213.58 |
| Profit After Tax | 7 | 8 | 6.55 | 2.05 |
| Net Worth | 80.7 | 74.03 | 66.8 | 61.11 |
| Reserve & Surplus | 51.33 | 44.66 | 37.42 | 49.36 |
| Total Borrowings | 60.7 | 62.48 | 67.04 | 55.7 |
EPS Pre
2.72%
EPS Post
3.50%
P/E Pre
38.21
P/E (Post Issue)
29.69x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 0 | 0 | 0 | 0 |
| ROCE % | 10.74 | 13.37 | 12.5 | 8.61 |
| Debt / Equity | 0.75 | 0.84 | 1 | 0.91 |
| RoNW % | 9.05 | 11.36 | 10.25 | 3.57 |
| PbW | 0 | 0 | 0 | 0 |
| Pat Margin % | 5.3 | 3.14 | 2.83 | 0.96 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 7950000 | 75 | 0 |
| Non-Institutional | 1590000 | 15 | 0 |
| BNII | 1060000 | 10 | 0 |
| SNII | 530000 | 5 | 0 |
| Retail Investors | 1060000 | 10 | 0 |
| Total | 10600000 | 100 | 0 |
Subscription Status ( Wed, 25 Feb 26 01:56 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 7950000 | 31342320 | 3.94x |
| Non-Institutional | 1590000 | 350210880 | 220.26x |
| BNII | 1060000 | 255400704 | 240.94x |
| SNII | 530000 | 94810176 | 178.89x |
| Retail Investors | 1060000 | 80818272 | 76.24x |
| Total | 10600000 | 462371472 | 43.62x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Shree Ram Twistex Ltd | 10 | 0.00 | 2.37 | 2.37 | 9.11 | 24.47 |
| Ambika Cotton Mills Ltd | 10 | 10.57 | 114.83 | 114.83 | 13.28 | 864.58 |
| Damodar Industries Ltd | 5 | 13.58 | 2.32 | 2.32 | 4.09 | 56.62 |
| Rajapalayam Mills Ltd | 10 | 14.93 | -54.00 | -54.00 | -10.99 | 495.33 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 144 | 14,976.00 |
| Retail (Max) | 13 | 1,872 | 194,688.00 |
| S-HNI (Min) | 14 | 2,016 | 209,664.00 |
| S-HNI (Max) | 66 | 9,504 | 988,416.00 |
| B-HNI (Min) | 67 | 9,648 | 1,003,392.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Interactive Financial Services Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Shree Ram Twistex IPO is a Book-building IPO worth ₹110 crores. The price band is ₹95 to 104 per share. The IPO opens on Mon, Feb 23, 2026 and closes on Wed, Feb 25, 2026. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Shree Ram Twistex IPO opens on Mon, Feb 23, 2026 and closes on Wed, Feb 25, 2026
Shree Ram Twistex IPO Price Band is ₹95 to 104.
Shree Ram Twistex IPO lot size is 144, and the minimum amount required for application is ₹14976.
The minimum investment for Shree Ram Twistex IPO is approximately ₹14976 based on the upper price band.
To apply for the Shree Ram Twistex IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Feb 25, 2026. After submission, funds are blocked until the basis of allotment of Shree Ram Twistex IPO is finalised.
Shree Ram Twistex IPO issue size is ₹110 crores.
Shree Ram Twistex IPO allotment date is Sat, Jun 27, 2026.
The registrar for Shree Ram Twistex IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Shree Ram Twistex IPO through their official website or helpline.