Shree Ram Twistex was incorporated on December 31, 2013. The company manufactures cotton yarns including compact ring spun, combed, carded, and value-added variants like Eli Twist, slub, and Lycra-blended yarns. These yarns are used in both knitting and weaving across diverse end-use segments
| Bidding Dates |
|---|
| 23 Feb 2026 - 25 Feb 2026 |
| Subscription |
|---|
| 43.66x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹13,680 | 1 | 13 | 144 | 10.6 M | ₹95 - ₹104 | 34.59 % | ₹1007.0 M - ₹1102.4 M | RHP DOC |
Shree Ram Twistex IPO SUBSCRIPTION STATUS
25 Feb '26Shree Ram Twistex IPO overall subscription rate was 43.66 times the total available shares
Shree Ram Twistex IPO retail subscription rate was 76.63 times in the retail segment
Shree Ram Twistex IPO non-institutional investor subscription rate was 220.3 times in the non-institutional investor category
Shree Ram Twistex IPO Qualified Institutional Bidder subscription rate was 3.94 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 10% | 15% | 75% |
25 Feb 2026 (Day 3) | 76.63x | 220.3x | 3.94x |
24 Feb 2026 (Day 2) | 3.46x | 2.7x | 0x |
23 Feb 2026 (Day 1) | 0.95x | 0.12x | 0x |
Shree Ram Twistex FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| H1FY26 | 132.1 | 7.0 | 8.9 | 1.4 | 12.9% |
| FY25 | 255.0 | 8.0 | 21.8 | 11.6 | 8.6% |
| FY24 | 231.6 | 6.6 | -4.9 | -7.2 | 8.7% |
| FY23 | 213.1 | 2.1 | 10.1 | 5.0 | 8.2% |
Shree Ram Twistex IPO SUBSCRIPTION STATUS DETAILS
Shree Ram Twistex had 10.6 M shares on offer
Shree Ram Twistex IPO offer price was in the range ₹95 - ₹104
Shree Ram Twistex IPO minimum Investment was ₹13680
Shree Ram Twistex IPO issue size was ₹ 1007.0 M - ₹ 1102.4 M
Shree Ram Twistex had a minimum lot size of 144 Shares per application
Shree Ram Twistex NUMBER OF SHARES ON OFFER
Shree Ram Twistex IPO IMPORTANT DATES
| Issue Open Date | 23 Feb 2026 |
| Issue close Date | 25 Feb 2026 |
| Allotment Date | 26 Feb 2026 |
| Refund Date | 27 Feb 2026 |
| Demat Account Credit Date | 27 Feb 2026 |
| Listing Date | 02 Mar 2026 |
| Listing on Exchange(s) | NSE and BSE |
| Shree Ram Twistex Allotment Status | Exchange/ Registrar |
Shree Ram Twistex IPO subscription opened on 23 Feb 2026, and closed on 25 Feb 2026
IPO allotment for Shree Ram Twistex was finalized on Thursday, 26 Feb 2026
IPO listing for Shree Ram Twistex was on NSE and BSE on Monday, 02 Mar 2026
Shree Ram Twistex IPO LISTING GAINS
| Issue Price (adjusted) | 104.0 |
| Listing Open Price | 68.0 |
| Listing Close Price | 71.4 |
| Listing Gain% | -34.6% |
| Current Gain% | -61.7% |
Shree Ram Twistex Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shree Ram Twistex Ltd. | 39.8 | 159.1 | 11.2 | 0.1 | 0.6 | 7.1 | 4.6 | 274.1 | 6.9 | 14.2 | 77.2 | 3.5 | 77.2 |
| KPR Mill Ltd. | 1076.7 | 36803.1 | 42.5 | 6.7 | 5.5 | 15.2 | 12.7 | 6784.3 | 5 | 866.5 | 6.3 | 25.4 | 6.3 |
| Vardhman Textiles Ltd. | 606.8 | 17563.9 | 20.7 | -43.8 | 1.7 | 7.1 | 5.4 | 10092.5 | -0.3 | 745.2 | -15.6 | 29.3 | -0.5 |
| Welspun Living Ltd. | 164.1 | 15738.7 | 77 | -1.1 | 1.7 | 4.2 | 2 | 9467.9 | -11.5 | 204.4 | -68 | 2.1 | -68 |
| Arvind Ltd. | 560.6 | 15249.2 | 36.8 | 2.2 | 1.6 | 10.2 | 4.7 | 9359.5 | 11.5 | 413.9 | 17.1 | 15.2 | 17.1 |
| Trident Ltd. | 25.2 | 12831.6 | 32.5 | -3.5 | 1.9 | 7.9 | 5 | 6775.2 | -3.9 | 377.1 | 2 | 0.8 | -9.4 |
Shree Ram Twistex INFORMATION ON IPO ISSUE
About Shree Ram Twistex
Shree Ram Twistex was incorporated on December 31, 2013. The company manufactures cotton yarns including compact ring spun, combed, carded, and value-added variants like Eli Twist, slub, and Lycra-blended yarns. These yarns are used in both knitting and weaving across diverse end-use segments
Object of the Issue
- Funding for setting up of 6.1 MW Solar Power Plant for captive use
- Funding for setting up of 4.2 MW Wind Power Plant for captive use
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company
- Funding the working capital requirements of the company
- General corporate purposes
Shree Ram Twistex - PROMOTERS
| Name |
|---|
| Bhaveshbhai Bhikhubhai Ramani |
| Jay Atulbhai Tilala |
| Nidhi Bhaveshbhai Kothari |
Shree Ram Twistex - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Bhaveshbhai Bhikhubhai Ramani | Chairman & Managing Director |
| Jay Atulbhai Tilala | Executive Director & CFO |
| Rameshchandra Mohanlal Hirani | Non-Executive Director |
| Amita Chhaganbhai Pragada | Non-Executive Independent Director |
| Bhuvnesh Kumar | Non-Executive Independent Director |
| Chirag Kantilal Patel | Non-Executive Independent Director |
Shree Ram Twistex Book Running Lead Manager
Interactive Financial Services Limited
mbd@ifinservices.in
Shree Ram Twistex Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Shree Ram Twistex Strengths
Integrated spinning infrastructure
The company operates a fully integrated spinning facility that covers the entire yarn production process at one location, improving efficiency, reducing lead times, and ensuring consistent quality
Client relationship
With nearly 10 years in the textile industry, the company leverages relationships with 8 third-party brokers and agents who help identify leads, connect with bulk buyers, and finalize sales. This allows the company to maintain a lean sales team while expanding market reach
Geographical advantage
The company’s manufacturing facility in Gondal, Gujarat, benefits from proximity to raw material suppliers, logistics partners, and skilled labor, enabling efficient procurement and timely production. Nearby ginning and spinning units ensure steady cotton supply and operational flexibility
Shree Ram Twistex Risks
Quality Control
The company manufactures and supplies ring-spun cotton yarn primarily to institutional buyers in the textile and garment sectors. Meeting specific quality parameters like yarn strength and uniformity is essential for maintaining long-term customer relationships and repeat orders
Inventory risks
The company’s operations rely on accurate demand forecasting and efficient alignment of procurement, production, and inventory. Cotton bales are procured seasonally and buffer stocks are maintained to ensure uninterrupted year-round production and timely fulfillment of customer orders
Competition
The company operates in a highly competitive market, facing pressure from both global and domestic yarn producers, as well as rising demand for synthetic textiles. Failure to adapt to these shifts may impact its profitability and market share
IPO FAQs
The promoters of the company are Bhaveshbhai Bhikhubhai Ramani, Jay Atulbhai Tilala and Nidhi Bhaveshbhai Kothari.
The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.
The price band of the IPO is Rs 95.0 - 104.0.
The IPO application opens on Feb 23, 2026 and closes on Feb 25, 2026.
The minimum lot size for the IPO is 144. The maximum lot size for the IPO is 1872.
For all category investors, the minimum application amount for this IPO is Rs. 13,680.0, the maximum value for this IPO is Rs 194,688.0.
This IPO will be allotted on Feb 26, 2026.
The refund will be credited to your account on Feb 27, 2026.
The allotted shares will be credited to your demat on Feb 27, 2026.
Shree Ram Twistex Ltd.’s shares listed on the stock exchanges on Mar 02, 2026.