The allotment of the issue is expected on February 26, with a preliminary listing on the BSE and NSE scheduled for March 2. The IPO is an all-new issue of shares of Rs 1.06 crore, priced in the range of Rs 95-104 per share.
Shree Ram Twistex IPO Day Subscription Status:
As of 12:32 PM on Day 3, Shree Ram Twistex’s IPO has been oversubscribed a total of 12 times.
Retail Individual Investors (RIIs) have shown keen interest and subscribed 25.42 times for the 10.60 lakh shares allotted to them.
Non-institutional investors (NIIs) have subscribed 56.13 times their quota of 15.90 lakh shares.
In contrast, Qualified Institutional Buyers (QIBs) have subscribed to 9% of the 79.50 lakh shares reserved for their segment.
Shree Ram Twistex IPO GMP today
As of February 25, 2026, shares of Shree Ram Twistex are trading at a premium of Rs 18, reflecting a gain of 17.3% compared to the previous premium of around 9%, indicating improved investor sentiment. The estimated price for the issue is Rs 122.
Shree Ram Twistex IPO Details
Shree Ram Twistex’s IPO consists entirely of a fresh issue of shares worth Rs 1.06 crore, which amounts to Rs 110.24 crore.
At the higher end of the price range, the company’s pre-issue market capitalization is estimated at Rs 416 crore. The public issue closes on February 25, share allotment is expected on February 26 and a preliminary listing on the BSE and NSE is scheduled for March 2.
Investors need to apply for a minimum of 144 shares, which works out to Rs 14,976 in the higher price band. The issue allocation reserves 75% for Qualified Institutional Buyers (QIBs), up to 15% for Non-Institutional Investors (NIIs) and up to 10% for retail investors.
About the company
Shree Ram Twistex manufactures cotton yarns, including compact ring-spun and carded yarns, both combed and carded varieties. The products are used in knitting and weaving applications such as denim, terry towels, shirts, sheets, sweaters, socks, underwear and home textiles.
The company also produces value-added yarns such as Eli Twist, compact slub yarns and lycra blended yarns. It operates on a B2B model, supplying textile manufacturers, garment exporters, bulk buyers and fabric processors across multiple states including Gujarat, Rajasthan, Maharashtra, Tamil Nadu and West Bengal, along with exports.
The manufacturing facility is located in Gondal, Rajkot, Gujarat, with 17 compact ring spinning machines and a total spindle count of 27,744. It also operates five warehouses with a combined storage capacity of 9,855 tons.
Financial performance
For FY25, Shree Ram Twistex posted a total income of Rs 256 crore, compared to Rs 232 crore in FY24. Profit after tax (PAT) rose to Rs 8 crore from Rs 6.55 crore a year earlier, while EBITDA rose to Rs 22 crore from Rs 20 crore.
As of September 2025, the company reported a total income of Rs 132 crore and a PAT of Rs 7 crore. EBITDA margin improved significantly from 8.57% in FY24 to 12.9% in FY25, while PAT margin increased to 3.14% from 2.83%, indicating improved operational efficiency and profitability.
Use of proceeds
The company plans to use the proceeds from the IPO to set up a 6.1 MW solar power plant and a 4.2 MW wind power plant for captive use, repay certain loans of about Rs 14.89 crore and fund working capital requirements of Rs 44 crore. The shift to sustainable energy for self-use is expected to reduce energy costs, which are an important part of spinning activities.
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