Shree Ram Twistex IPO

Listed Mainboard
Open Feb 23
Close Feb 25
Allotment Feb 26
Refund Feb 27
Listing Mar 02

Market Sentiment

Grey Market Premium What is GMP?
Rs -11
-10.6%
Est. Listing: Rs 93
Updated: Feb 26, 2026 12:00 am
View Full GMP History →
Subscription Status
QIB
3.94x
bNII (>10L)
240.94x
sNII (2-10L)
179.00x
Retail
76.63x
Total
43.66x
Updated: Mar 02, 2026 10:00 pm IST
Analysis Score 27 / 100
Avoid
Data: 80%
GMP Score 5
Subscription Score 43
Financial Health 46

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 1 144 ₹14,976
Retail 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

IPO Details

Issue Price₹95-104 per equity share
Face Value₹10 Per Equity Share
Lot Size 144 shares (Min ₹14,976)
Total Issue Size ₹110.24 crore
Fresh Share₹110.24 crore
Issue TypeBook Building IPO
Lead ManagerInteractive Financial Services Ltd.
RegistrarBigshare Services Pvt. Ltd
Listing atBoth
BSE Code544716
NSE SymbolSRTL
ISININE19GK01015
Listing Price₹68.00
Listing Gain-34.62%

IPO Reservation

Category Shares Offered
QIB79,50,000
NII (HNI)15,90,000
bNII > ₹10L10,60,000
sNII < ₹10L5,30,000
Retail10,60,000

Financial Analysis

Financial Data
ROE
11.36%
ROCE
13.37%
Debt/Equity
0.84
NAV/Share
Rs 25.20
Revenue Growth
10.62%
Profit Margin
0.54%
Financial Performance
Metric 2023 2024 2025 Sep 2025
Revenue 213.58 231.72 256.32 132.27
Expense 208.67 222.10 246.94 122.38
Profit (PAT) 2.85 3.07 1.38 2.89
Total Assets 135.71 154.30 194.20 217.44
Values in Crores (₹)
Peer Comparison
Company P/E EPS Market Cap (Cr)
Ambika Cotton Mills Limited 11.37 114.83 7
Damodar Industries Limited 14.09 2.32 -
Rajapalayam Mills Limited -15.23 -54.45 -12
Promoters & Holding Pattern

Promoters: Bhaveshbhai Bhikhumbhai Ramani, Jay Atulbhai Tilala, and Nidhi Bhaveshbhai Kothari

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 2,93,75,000 47.07%

Company Information

About Shree Ram Twistex

Shree Ram Twistex is one of the growing textile manufacturing companies that manufactures 100% cotton yarns in thickness from Ne 8 to Ne 40. Its product offerings include Compact Ring Spun and Carded Yarns,  Eli Twist (Combed and Carded), Compact Slub Yarns, and Lycra-Blended Yarns. Its yarn products are widely utilized in the knitting and weaving of denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. The firm runs its business in a B2B model, by supplying its products to textile manufacturers, garment exporters, bulk purchasers, and fabric processors. Its manufacturing facility is situated at Gondal, Gujarat, which has 17 compact ring-spinning machines with 27,744 spinning units to make cotton yarn. The firm sells its products to both domestic and international markets.

Objects of the Issue
Purpose Amount (Cr)
Funding for setting up of 6.1 MW Solar Power Plant for captive use 7.85
Funding for setting up of 4.2 MW Wind Power Plant for captive use 39.00
Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company 14.89
Funding the working capital requirements of our Company 44.00
General corporate purposes -

Resources & Documents

Company Contact Information

Shree Ram Twistex Ltd., 566P1, Umwada Road, Near Bajrang Cotspin, Gondal,, Rajkot, Gujarat, 360311

Frequently Asked Questions

Shree Ram Twistex IPO is Mainboard IPO. The company is going to raise ₹110.24 Crores via IPO. The issue is priced at ₹95 to ₹104 per equity share. The IPO is to be listed on BSE & NSE.

The IPO is to open on February 23, 2026 for QIB, NII, and Retail Investors. The IPO will close on February 25, 2026.

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

You can apply for Shree Ram Twistex IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

Shree Ram Twistex IPO issue size is ₹110.24 crores.

Shree Ram Twistex IPO Price Band is ₹95 to ₹104.

The minimum bid is 144 Shares with ₹14,976 amount.

Shree Ram Twistex IPO allotment date is February 26, 2026.

Shree Ram Twistex IPO listing date is March 2, 2026. The IPO is to list on BSE & NSE.

Understanding Grey Market Premium (GMP)

The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.

How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.

Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.

Factors that influence GMP:

  • Subscription levels — Higher subscription typically drives GMP up
  • Market conditions — Bullish markets tend to boost GMP across all IPOs
  • Company fundamentals — Strong financials and growth potential attract premium
  • Industry sentiment — Positive outlook for the sector can increase demand
  • IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP

Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.

0 Comments

No comments yet. Be the first to share your opinion!