The basis of allotment for the Shree Ram Twistex IPO will be finalised today, i.e., 26 February 2026. The bidding window was open from February 23, 2026, to February 25, 2026, during which the IPO received a total subscription of 43.66x.
The Shree Ram Twistex IPO is a book-building issue of ₹110.24 crores, comprising an entirely fresh issue of 1.06 crore shares. The price band is set between ₹95 and ₹104 per share.
Interactive Financial Services Limited is the book-running lead manager, while Bigshare Services Pvt. Ltd. is the registrar for the Shree Ram Twistex IPO.
[25-February-2026 end of the day]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
3.94 |
|
Non-Institutional Investors |
220.30 |
|
Retail Individual Investors (RIIs) |
76.63 |
|
Total |
43.66 |
The net proceeds from the fresh issue will be used to fund the expenses towards the following objectives:
Shree Ram Twistex produces high-quality cotton yarns and offers a diversified portfolio, including compact ring-spun and conventional ring-spun yarns in both combed and carded varieties. The company also manufactures specialised, value-enhanced yarns, including Compact Siro (Eli Twist) Yarns, Slub Yarns, and Lycra-blended Yarns, designed to meet evolving textile industry requirements.
Shree Ram Twistex operates exclusively in the business-to-business (B2B) market, supplying yarns to textile mills, garment manufacturers, exporters, fabric processors, and bulk traders.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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