A total of 1,06,00,000 shares amounting to ₹110 crore will be issued in the Shree Ram Twistex IPO. The face value has been set at ₹10 per share. The subscription for the issue starts on February 23, 2026. The window for placing bids ends on February 25, 2026. The allotment of shares is proposed for February 26, 2026, and the listing will take place on March 2, 2026.
The IPO has a price range of ₹95 to ₹104, with each lot having 144 shares. Individual investors’ bid starts at ₹14,976. For sNII participants, the lot size is 14, making their investment amount ₹2,09,664. The minimum bid for bNII investors starts at 67 lots, requiring a total outlay of ₹10,03,392.
Shree Ram Twistex IPO Details
The key particulars related to this issue are as follows:
| Particulars | Details |
| IPO Opens | February 23, 2026 |
| IPO Closes | February 25, 2026 |
| Issue Type | Bookbuilding Issue |
| Face Value | ₹10 per share |
| Listing at | BSE, NSE |
| Price Band | ₹95 to ₹104 |
| IPO Lot Size | 144 Shares |
| Offer for Sale | |
| Fresh Issue | 1,06,00,000 shares (up to ₹110 crore) |
| Total Issue | 1,06,00,000 shares (up to ₹110 crore) |
| Minimum Investment | ₹14,976 |
Timeline of the Shree Ram Twistex IPO
The important dates regarding this IPO are presented below:
| Particulars | Details |
| IPO Opens | February 23, 2026 |
| IPO Closes | February 25, 2026 |
| Expected Allotment | February 26, 2026 |
| Initiation of Refunds | February 27, 2026 |
| Demat Credit of Shares | February 27, 2026 |
| Tentative Listing | March 2, 2026 |
Shree Ram Twistex Key Performance Indicator
Shree Ram Twistex’s KPIs are given in the following table:
| KPIs | FY 2023 | FY 2024 | FY 2025 |
| ROE (%) | 3.36 | 9.81 | 10.80 |
| ROCE (%) | 8.61 | 12.50 | 13.37 |
| Debt Equity | 0.91 | 1.00 | 0.84 |
| RoNW (%) | 3.57 | 10.25 | 11.36 |
| PAT Margin (%) | 0.96 | 2.83 | 3.14 |
| EBITDA margin (%) | 8.16 | 8.72 | 8.57 |
| Price Book Value | – | – | 4.13 |
Shree Ram Twistex Financials
An overview of Shree Ram Twistex’s key financial figures is given below:
| Particulars (in ₹ lakh) | 2023 | 2024 | 2025 |
| Revenue | 21,357.93 | 23,172.41 | 25,632.04 |
| Total Assets | 13,571.47 | 15,430.45 | 19,420.03 |
| Profit | 205.08 | 655.25 | 799.59 |
Shree Ram Twistex IPO Subscription Status
The subscription window for the Shree Ram Twistex IPO has not opened yet. The details will be available once the IPO opens on February 23, 2026. The bidding stays active on all issue days from 10:00 a.m. to 5:00 p.m.
Shree Ram Twistex IPO Grey Market Premium Today
The Shree Ram Twistex IPO is currently trading with a GMP of ₹5. The demand is active, and the premium has moved from ₹0 to ₹5 in the last three days. At the current GMP levels, the IPO will likely list at ₹109, giving 4.81% listing gains.
| Date | GMP (₹) | Estimated Listing Price | Estimated Listing Gain | Trend |
| 19-02-2026 | ₹5 | ₹109 | 4.81% | neutral |
| 18-02-2026 | ₹5 | ₹109 | 4.81% | Increasing |
| 17-02-2026 | ₹4 | ₹108 | 3.85% | – |
Note: The GMP values are derived from informal trading activity. It can fluctuate with changes in subscription level, demand, and market sentiment.
Shree Ram Twistex IPO Reservation
The shares of this issue are reserved for different investor types in the following manner:
| Investor Category | Reservation |
| QIB Shares | At least 75% of the issue |
| NII (HNI) Shares | At most 15% of the issue |
| Retail Shares | At most 10% of the issue |
Shree Ram Twistex IPO Lot Size
The bids have to be placed according to the given lot sizes:
| Investor Type | Lots | Shares | Amount |
| Individual Investors (Minimum) | 1 | 144 | 14,976 |
| Individual Investors (Maximum) | 13 | 1,872 | 1,94,688 |
| S-HNI (Minimum) | 14 | 2,016 | 2,09,664 |
| S-HNI (Maximum) | 66 | 9,504 | 9,88,416 |
| B-HNI (Minimum) | 67 | 9,648 | 10,03,392 |
Shree Ram Twistex IPO Anchor Investors
The following table has information on anchor investors participating in this IPO:
| Particulars | Details |
| Anchor Bidding Date | February 20, 2026 |
| Shares Offered | Not Disclosed |
| Portion Size | 60% of the QIB Portion |
| 30 Days Lock-in for 50% shares | March 28, 2026 |
| 90 Days Lock-in for remaining shares | May 27, 2026 |
Shree Ram Twistex IPO Prospectus
These documents can be useful if you’re looking for more details regarding the IPO:
About Shree Ram Twistex
Mr. Bhaveshbhai Bhikhumbhai Ramani, Ms. Nidhi Bhaveshbhai Kothari, and Mr. Jay Atulbhai Tilala set up Shree Ram Twistex in December 2013. Out of the promoters, Mr. Ramani serves as the managing director, guiding strategic decisions. The company operates in the textile industry where it spins cotton to manufacture yarn, including carded and combed varieties.
Shree Ram Twistex operates exclusively in the B2B segment, catering to fabric processors, weaving units, and garment traders. Its product catalogue has Eli-Twist, Lycra blended yarns, and Compac Slub yarns. The company’s manufacturing unit in Gondal, Gujarat, has a spindle count of 27,744. Rajapalayam Mills, Ambika Cotton Mills, and Damodar Industries are its industry peers.
| Issue Registrar | Bigshare Services Private Limited |
| Lead Manager | Interactive Financial Services Limited |
Objectives of the Shree Ram Twistex IPO
The raised capital will be utilised for the given purposes:
| S. No. | Particulars | Amount (in ₹ lakh) |
| 1. | Setting up of new solar power plant | – |
| 2. | New wind power plant setup | 3,900 |
| 3. | Borrowing repayment/prepayment | 1,489 |
| 4. | Working capital needs | 4,400 |
| 5. | General corporate use | – |
Strength Of Shree Ram Twistex
Shree Ram Twistex’s market position is supported by the following strengths:
- Integrated Production: The company’s manufacturing unit is equipped with modern technology and works in all segments of yarn production. This improves material handling and makes coordination easier.
- Strong Relationships: Shree Ram Twistex has long-standing relationships with its distribution network as well as the customers. It helps in supply chain optimisation and repetition of business.
- Strategic Location: The company’s production facility benefits from its geography. The raw materials suppliers and distributors are close by, and there is ample space for future expansion plans.
- Financial Health: Both the revenue and profitability have grown in recent years, reflecting the firm’s robust financial standing and efficiency in operations.
Risk of Shree Ram Twistex
Before investing in the IPO, one must consider the following risks associated with Shree Ram Twistex:
- Geographic Concentration: The company’s production unit and most of the earnings are based in Gujarat only. This increases the exposure to local policy changes and demand shifts.
- Raw Material Pricing: Cotton, the raw material, constitutes more than half of the production price. Any fluctuations can increase the costs and reduce profitability.
- Third-Party Dependence: The sales are carried out by brokers and agents. Changes in relationships with them or their inefficiency directly impact the revenue.
- Negative Cash Flows: In recent times, the company has reported negative cash flows. Debtors not paying on time and insufficiency of funds can hamper the day-to-day operations.
Shree Ram Twistex IPO Review
This IPO offers an opportunity to invest in the textile industry. The company has steady revenue and an integrated prediction unit. The positive GMP also hints at an optimistic direction. However, geographical risks and raw material price volatility still remain key risks to watch out for.
Overall, this issue is suitable for investors who understand the textile industry and have a moderate to high risk tolerance.
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Shree Ram Twistex IPO FAQ‘s
Shree Ram Twistex IPO is a mainboard book building issue of 1,06,00,000 shares, amounting to ₹110.24 crore.
You can apply for the Shree Ram Twistex IPO using a stockbroker or an online platform. Submit your bid during the subscription window using either the UPI or the ASBA facility.
The Shree Ram Twistex IPO offers exposure to the cotton yarn manufacturing segment. While the company shows steady revenue growth and improving margins, investors face high customer concentration risk and cash flow disturbances.
The current GMP of the Shree Ram Twistex IPO is approximately ₹5. At the upper price band of ₹104, this suggests 4.81% listing gains. Actual returns will be determined by market demand upon listing.
The Shree Ram Twistex IPO opens for subscription on February 23, 2026.
Each lot of the Shree Ram Twistex IPO consists of 144 shares.
The shares of Shree Ram Twistex IPO are expected to be allotted on February 26, 2026.
Listing of Shree Ram Twistex IPO on the BSE and NSE is scheduled to take place on March 2, 2026.
