Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE
Shree Ram Twistex IPO is a book build issue of 1.06 crore shares. The issue is entirely a fresh issue of shares.
Shree Ram Twistex IPO bidding started from and ended on . Shree Ram Twistex IPO will list on BSE, NSE with a tentative listing date fixed as .
Shree Ram Twistex IPO price band is set at [.] to [.] per share.
Interactive Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Shree Ram Twistex IPO DRHP for detailed Information.
IPO Open
To be declared
IPO Close
To be declared
Price Band
To be declared
Market Cap (Pre-IPO)
To be declared
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,06,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 2,93,75,000 shares |
| Share Holding Post Issue | 3,99,75,000 shares |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Issue |
| Retail Shares Offered | Not more than 10% of the Issue |
| NII Shares Offered | Not more than 15% of the Issue |
Shree Ram Twistex manufactures cotton yarns, including Compact Ring Spun and Carded Yarns, both Combed and Carded. The yarns are used in both knitting and weaving for various products, such as denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics.
It also offers value-added yarns, like Eli Twist (Combed and Carded), Compact Slub Yarns, and Lycra-Blended Yarns.
The company operates on business-to-business (B2B) model - supplying products to textile manufacturers, garment exporters, bulk purchasers and fabric processors. It sells products across states, including Gujarat, Rajasthan, West Bengal, Maharashtra, Tamil Nadu, Madhya Pradesh, and Punjab, as well as the union territory of Dadra and Nagar Haveli, and also export internationally.
Its manufacturing facility is located in Gondal, Rajkot, Gujarat, with 17 compact ring-spinning machines with a total spindle count of 27,744. The company also has five (5) warehouses, two (2) raw material storage, two (2) for finished goods, and one (1) for general storage, with a combined storage capacity of 9,855 MT.
Competitive Strengths:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 155.87 | 154.30 | 135.71 | 130.78 |
| Total Income | 152.76 | 231.72 | 213.58 | 218.37 |
| Profit After Tax | 6.96 | 6.55 | 2.05 | 3.64 |
| EBITDA | 17.84 | 20.19 | 17.40 | 18.02 |
| NET Worth | 73.18 | 66.80 | 61.11 | 53.87 |
| Reserves and Surplus | 43.81 | 37.42 | 49.36 | 42.12 |
| Total Borrowing | 51.40 | 67.04 | 55.70 | 56.96 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding for setting up of 6.1 MW Solar Power Plant for captive use | 7.85 |
| 2 | Funding for setting up of 4.2 MW Wind Power Plant for captive use | 39.00 |
| 3 | Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company | 14.89 |
| 4 | Funding the working capital requirements of our Company | 44.00 |
| 5 | General corporate purposes |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 10.25% |
| ROCE | 12.50% |
| Debt/Equity | 1.00 |
| RoNW | 10.25% |
| PAT Margin | 2.83% |
| EBITDA Margin | 8.72% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 47.07% |
Lead Manager Reports
Shree Ram Twistex IPO is a main-board IPO of 1,06,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Shree Ram Twistex IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Shree Ram Twistex IPO using UPI as a payment gateway. Zerodha customers can apply in Shree Ram Twistex IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shree Ram Twistex IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shree Ram Twistex IPO dates are not announced. Please check back again after some time.
Shree Ram Twistex IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Shree Ram Twistex IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Shree Ram Twistex IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Shree Ram Twistex IPO allotment status.
The Shree Ram Twistex IPO listing date is not yet announced. The tentative date of listing is .
