Shree Ram Twistex IPO Details

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

Shree Ram Twistex IPO Logo

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 Details

IPO Date23 to 25 Feb, 2026
Listed onMon, Mar 2, 2026
Face Value10 per share
Price Band₹95 to ₹104
Issue Price₹104 per share
Lot Size144 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

Total Issue Size1,06,00,000 shares
(agg. up to ₹110 Cr)
Fresh Issue 1,06,00,000 shares
(agg. up to ₹110 Cr)
Share Holding Pre Issue2,93,75,000 shares
Share Holding Post Issue3,99,75,000 shares
BSE Script Code / NSE Symbol544716 / SRTL
ISININE19GK01015

IPO Timetable

IPO Reservation

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 Offered1,06,00,000 (100.00%)

IPO Lot Size

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
IPO Subscription Details

About Shree Ram Twistex Ltd.

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:

  • Fully integrated spinning infrastructure with modern technologies
  • Long standing relationships with key customers
  • Strategically located manufacturing facility with adequate storage facility
  • Track Record of healthy growth
  • Experienced promoters and management Team

Company Financials (Restated)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets217.44194.20154.30135.71
Total Income132.27256.32231.72213.58
Profit After Tax7.008.006.552.05
EBITDA17.0421.8520.1917.40
NET Worth80.7074.0366.8061.11
Reserves and Surplus51.3344.6637.4249.36
Total Borrowing60.7062.4867.0455.70
Amount in ₹ Crore

IPO Objects of the Issue

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

Key Performance Indicator (KPI)

KPISep 30, 2025Mar 31, 2025
ROCE10.74%13.37%
Debt/Equity0.750.84
RoNW9.05%11.36%
PAT Margin5.30%3.14%
EBITDA Margin12.90%8.57%
Price to Book Value4.13
Pre IPOPost IPO
EPS (₹)2.723.50
P/E (x)38.2129.69
Promoter Holding47.07%34.59%
Market Cap415.74 Cr.
Bhaveshbhai Bhikhumbhai Ramani, Jay Atulbhai Tilala, and Nidhi Bhaveshbhai Kothari are the company promoters.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2025 available in RHP.

IPO Review

[Dilip Davda]
SRTL is engaged in the manufacturing and marketing of cotton yarns, in various counts and varieties. It posted growth in its top and bottom lines for the reported periods. Higher margins reported by it from FY24 raise concern as it is operating in a highly competitive and fragmented segment. Based on its recent financial data, the issue appears exorbitantly priced. There is no harm in skipping this pricey and dicey offer.
Read detail review...

Shree Ram Twistex IPO Recommendations

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IPO Subscription Status

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)3.9479,50,0003,13,42,320
NII 220.3015,90,00035,02,69,344
    bNII (> ₹10L)240.9410,60,00025,54,00,704
    sNII (< ₹10L)179.005,30,0009,48,68,640
Retail76.6310,60,0008,12,29,968
Total43.661,06,00,00046,28,41,632

Total Applications: 5,63,223

IPO Expenses

# 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

Listing Day Trading Information

Price DetailsBSENSE
Final Issue Price104.00104.00
Open70.0068.00
Low67.0066.00
High73.4571.40
Last Trade73.4571.40

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

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

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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Shree Ram Twistex IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

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.

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