LISTED Mainboard NSE & BSE Cotton Yarn Manufacturing 📍 Gondal, Gujarat, India Live

Shree Ram Twistex Limited IPO

Textile Manufacturing · ISIN: INE19GK01015 · Registrar: Bigshare Services Private Limited

Price Band ₹95 – ₹104

Issue Size ₹110.24 Cr

Lot Size 144 shares

Grey Market Premium —

Subscription (Total) 43.66x

Last updated 1 week ago · refreshes automatically

🔎 Check Allotment Status

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📅 IPO Timeline

DRHP Filed

27 Jun 2025

RHP Filed

13 Feb 2026

Anchor Investors

22 Feb 2026

IPO Opens

23 Feb 2026

IPO Closes

25 Feb 2026

Allotment

26 Feb 2026

Refund

27 Feb 2026

Shares Credit

27 Feb 2026

Listing

02 Mar 2026

📈 Grey Market Premium Trend

📊 Subscription Status

Retail

76.63x

QIB

3.94x

NII

220.3x

Total Subscription 43.66x

As of 2026-02-25 19:54

Day	Retail	QIB	NII	Total
Day 1	0.98x	0.00x	0.12x	0.12x
Day 2	3.55x	0.00x	2.70x	0.76x
Day 3	76.63x	3.94x	220.30x	43.66x

📋 IPO Details

Open Date23 Feb 2026

Close Date25 Feb 2026

Allotment Date26 Feb 2026

Listing Date02 Mar 2026

Price Band₹95 – ₹104

Lot Size144

Face Value₹10 Per Share

Total Issue Size₹110.24 Cr

Fresh Issue₹110.24 Cr

Offer For Sale₹0 Cr

Minimum Investment₹14,976

Max Retail Investment₹1,94,688

Employee Discount0

Retail Reservation10%

QIB Reservation75%

NII Reservation15%

Total Shares Offered1,06,00,000 shares

QIB Shares79,50,000

NII Shares15,90,000

Retail Shares10,60,000

Min Lot — sNII2016 shares

Min Lot — bNII9648 shares

Application ModeASBA / UPI

Lead ManagerInteractive Financial Services Limited

RegistrarBigshare Services Private Limited

Listing Price₹70

Listing Gain-32.69%

⚓ Anchor Investor Details

Amount Raised₹82.68 Cr

Shares Allotted79,50,000

50% Lock-in Ends28 Mar 2026

Remaining Lock-in Ends27 May 2026

🏢 Company Profile

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Shree Ram Twistex Limited IPO

Shree Ram Twistex Limited is a Gujarat-based cotton yarn manufacturing company incorporated in 2013. The company manufactures and sells cotton yarn, including compact ring-spun, carded, combed, ELI twist, slub, organic cotton and Lycra yarn products for textile applications.

Zepto IPO Moves Closer, Rs. 9,500 Crore Listing Plan Could Change Quick Commerce In India

HeadquartersGondal, Rajkot, Gujarat

CityGondal

Statedone

CountryIndia

Employees58

SectorCotton Yarn Manufacturing

Promoter Holding (Pre-Issue)47.07%

👨‍💼 Promoters

Bhaveshbhai Bhikhubhai RamaniJay Atulbhai TilalaNidhi Bhaveshbhai Kothari

🌍 Global Presence

India

📦 Products & Services

100% Cotton YarnCompact Ring Spun YarnCombed Cotton YarnCarded Cotton YarnCompact ELI Twist YarnCompact Slub YarnOrganic Cotton YarnLycra Yarn

💹 Financial Highlights

Financial Year	Revenue	Profit After Tax	EBITDA
FY2024	₹231.72 Cr	₹20.19 Cr	₹6.55 Cr
FY2025	₹256.32 Cr	₹21.85 Cr	₹8.00 Cr
H1 FY2026 (30 Sep 2025)	₹132.27 Cr	₹17.03 Cr	₹7.00 Cr

📊 Key Ratios

EPS2.72

ROE18.91

ROCE13.37

Debt/Equity0.82

P/E29.69

✅ Company Strengths

Established presence in cotton yarn manufacturing.
Wide range of cotton yarn products serving multiple textile applications.
Modern spinning facilities with automation and advanced machinery.
Product portfolio includes value-added yarn products.
Manufacturing facility located in Gondal, Rajkot, Gujarat.

⚠️ Risk Factors

Significant revenue dependence on a limited number of customers.
Dependence on limited suppliers for cotton bales and raw materials.
Cotton price fluctuations may affect margins and operations.
Geographic concentration in Gujarat.
Competition in the textile and cotton-yarn industry.
Execution risks associated with renewable energy projects.
Historical negative operating cash flow in certain periods.

🎯 IPO Objectives

Setting up a 6.1 MW Solar Power Plant for captive use – ₹7.85 Cr.
Setting up a 4.2 MW Wind Power Plant for captive use – ₹39.00 Cr.
Repayment / prepayment of certain borrowings – ₹14.89 Cr.
Funding working capital requirements – ₹44.00 Cr.
General corporate purposes and issue-related expenses.

📄 Important Documents

🔎 Check Allotment Status 📥 DRHP 📥 RHP 📥 Prospectus 📥 Annual Report

❓ Frequently Asked Questions

What was the IPO price band?

₹95–₹104 per share.

What was the lot size?

144 shares.

What was the minimum investment?

₹14,976 at the upper price band.

When did the IPO open and close?

The IPO opened on February 23, 2026 and closed on February 25, 2026.

When was the listing date?

March 2, 2026.

What was the final subscription?

The issue was subscribed 43.66 times overall, with Retail at 76.63x, QIB at 3.94x and NII at 220.30x.

📰 Related News

Shree Ram Twistex IPO opened from February 23 to February 25, 2026.
IPO was subscribed 43.66 times overall at the close of bidding.
Shree Ram Twistex shares listed on NSE and BSE on March 2, 2026.