Bookbuilding IPO | ₹110 Cr | Listed at BSE, NSE | Mon, Feb 23, 2026 - Wed, Feb 25, 2026

Shree Ram Twistex IPO is a book build issue of ₹110.24 crores. The issue is entirely a fresh issue of 1.06 crore shares of ₹110.24 crore.
Shree Ram Twistex IPO bidding started from Feb 23, 2026 and ended on Feb 25, 2026. The allotment for Shree Ram Twistex IPO was finalized on Feb 26, 2026. Shree Ram Twistex IPO will list on BSE, NSE on Mar 2, 2026.
Shree Ram Twistex IPO price band is set at ₹104 per share. The lot size for an application is 144. The minimum amount of investment required by an retail is ₹14,976 (144 shares) (based on upper price). The lot size investment for sNII is 14 lots (2,016 shares), amounting to ₹2,09,664, and for bNII, it is 67 lots (9,648 shares), amounting to ₹10,03,392.
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 RHP for detailed Information.
IPO Open
Mon, Feb 23, 2026
IPO Close
Wed, Feb 25, 2026
Issue Price
₹104 per share
Market Cap (Pre-IPO)
₹415.74 Cr
| IPO Date | 23 to 25 Feb, 2026 |
| Listed on | Mon, Mar 2, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹104 |
| Issue Price | ₹104 per share |
| Lot Size | 144 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,06,00,000 shares (agg. up to ₹110 Cr) |
| Fresh Issue | 1,06,00,000 shares (agg. up to ₹110 Cr) |
| Share Holding Pre Issue | 2,93,75,000 shares |
| Share Holding Post Issue | 3,99,75,000 shares |
| BSE Script Code / NSE Symbol | 544716 / SRTL |
| ISIN | INE19GK01015 |
Shree Ram Twistex IPO offers total 1,06,00,000 shares. Out of which 79,50,000 (75.00%) allocated to QIB, 15,90,000 (15.00%) allocated to NII 10,60,000 (10.00%) allocated to RII.
| Investor Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 79,50,000 (75.00%) | NA |
| NII (HNI) Shares Offered | 15,90,000 (15.00%) | NA |
| − bNII > ₹10L | 10,60,000 (10.00%) | 525 |
| − sNII < ₹10L | 5,30,000 (5.00%) | 262 |
| Retail Shares Offered | 10,60,000 (10.00%) | 7,361 |
| Total Shares Offered | 1,06,00,000 (100.00%) |
Investors can bid for a minimum of 144 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 144 | ₹14,976 |
| Retail (Max) | 13 | 1,872 | ₹1,94,688 |
| S-HNI (Min) | 14 | 2,016 | ₹2,09,664 |
| S-HNI (Max) | 66 | 9,504 | ₹9,88,416 |
| B-HNI (Min) | 67 | 9,648 | ₹10,03,392 |
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 | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 217.44 | 194.20 | 154.30 | 135.71 |
| Total Income | 132.27 | 256.32 | 231.72 | 213.58 |
| Profit After Tax | 7.00 | 8.00 | 6.55 | 2.05 |
| EBITDA | 17.04 | 21.85 | 20.19 | 17.40 |
| NET Worth | 80.70 | 74.03 | 66.80 | 61.11 |
| Reserves and Surplus | 51.33 | 44.66 | 37.42 | 49.36 |
| Total Borrowing | 60.70 | 62.48 | 67.04 | 55.70 |
| 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 | 7.35 |
| 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 |
| Total | 105.24 |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROCE | 10.74% | 13.37% |
| Debt/Equity | 0.75 | 0.84 |
| RoNW | 9.05% | 11.36% |
| PAT Margin | 5.30% | 3.14% |
| EBITDA Margin | 12.90% | 8.57% |
| Price to Book Value | 4.13 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 2.72 | 3.50 |
| P/E (x) | 38.21 | 29.69 |
| Promoter Holding | 47.07% | 34.59% |
| Market Cap | ₹415.74 Cr. |
The Shree Ram Twistex IPO is subscribed 43.66 times on February 25, 2026 6:54:47 PM (Day 3). The public issue subscribed 76.63 times in the retail category, 3.94 times in the QIB category, and 220.30 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 3.94 | 79,50,000 | 3,13,42,320 |
| NII | 220.30 | 15,90,000 | 35,02,69,344 |
| bNII (> ₹10L) | 240.94 | 10,60,000 | 25,54,00,704 |
| sNII (< ₹10L) | 179.00 | 5,30,000 | 9,48,68,640 |
| Retail | 76.63 | 10,60,000 | 8,12,29,968 |
| Total | 43.66 | 1,06,00,000 | 46,28,41,632 |
Total Applications: 5,63,223
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to BRLM (including underwriting commissions and selling commission) and Fees payable to the Legal Counsel to the Issue | 3.13 |
| 2 | Advertising and marketing expenses | 0.12 |
| 3 | Fees to the Registrar to the Issue | 0.24 |
| 4 | Fees payable to the Regulators including stock exchanges | 0.91 |
| 5 | Printing and distribution of Issue stationary | 0.11 |
| 6 | Brokerage and selling commission payable to Syndicate, Brokerage and selling commission payable to Registered Brokers, Processing fees to SCSBs for ASBA Applications procured by the members of the Syndicate or Registered Brokers and submitted with the SCSBs, Processing fees to Issuer banks for UPI Mechanism w.r.t application Forms procured by the members of the Syndicate, Registered Brokers, RTAs or the CDPs and submitted to them | 0.35 |
| 7 | Others (bankers to the Issue, auditor’s fees etc.) | 0.14 |
| Total | 5.00 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹104.00 | ₹104.00 |
| Open | ₹70.00 | ₹68.00 |
| Low | ₹67.00 | ₹66.00 |
| High | ₹73.45 | ₹71.40 |
| Last Trade | ₹73.45 | ₹71.40 |
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 ₹110 Crores. The issue is priced at ₹104 per share. The minimum order quantity is 144.
The IPO opens on Mon, Feb 23, 2026, and closes on Wed, Feb 25, 2026.
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 opens on Mon, Feb 23, 2026 and closes on Wed, Feb 25, 2026.
Shree Ram Twistex IPO lot size is 144, and the minimum amount required for application is ₹14,976.
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 Thursday, February 26, 2026, and the allotted shares will be credited to your demat account by Fri, Feb 27, 2026. Check the Shree Ram Twistex IPO allotment status.
The Shree Ram Twistex IPO listing date is on Mon, Mar 2, 2026.