📉 Shree Ram Twistex Makes Weak Market Debut Despite Strong IPO Demand

Shree Ram Twistex shares plunged on listing day, even after the IPO was subscribed 43.66 times between February 23–25. The stock listed at ₹68 per share against the issue price band of ₹95–104, marking a sharp 34.61% discount. On the BSE, it debuted slightly higher at ₹70, still down 32.69% from the upper price band. The ₹110-crore public issue failed to sustain primary market enthusiasm in secondary trading. Post listing, the company’s market capitalisation stood at ₹279.03 crore. #IPOListing #StockMarketIndia #ShreeRamTwistex #MarketDebut #IPOUpdate