Shree Ram Twistex IPO Day 1: Check Latest GMP, Subscription Status, Key Highlights, and More
B2B cotton yarn manufacturing company Shree Ram Twistex is launching its IPO for public subscription today, 23 February 2026. The company filed its red herring prospectus with SEBI on 12 February 2026.
Shree Ram Twistex IPO: Issue Details
Issue Type: The IPO is a book-build issue of ₹110.24 crores, consisting entirely of a fresh issue of 1.06 crore shares.
Lot Size: 144 shares
Price Band: ₹95-₹104 per share
Minimum Investment: ₹14,976 (for retail investors)
IPO Closing Date: February 25, 2026
Allotment Date: The basis of allotment will be finalised by February 26, 2026.
Listing Date: The tentative listing date on BSE and NSE is March 2, 2026.
Book Running Lead Manager: Interactive Financial Services Limited
Registrar: Bigshare Services Private Limited
Shree Ram Twistex IPO Day 1 Subscription Status
[23-February-2026 10:54:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
0.00 |
|
Non-Institutional Investors |
0.02 |
|
Retail Individual Investors (RIIs) |
0.26 |
|
Total |
0.03 |
Utilisation of IPO Proceeds
The net proceeds from the fresh issue will be used to fund the expenses towards the following objectives:
- Set up of 6.1 MW Solar Power Plant and 4.2 MW Wind Power Plant for captive use
- Working capital requirement
- Repay/prepay outstanding borrowings
- General corporate purposes
Explore other Upcoming IPOs on BSE and NSE.
Shree Ram Twistex IPO GMP
As per media reports, the Grey Market Premium (GMP) of Shree Ram Twistex is reported at ₹5 over the IPO price.
Shree Ram Twistex Business Overview
Shree Ram Twistex is a B2B company engaged in the production of high-quality cotton yarns, catering primarily to the textile industry. Their product portfolio includes compact ring-spun yarns and carded yarns, available in both combed and carded variants.
Additionally, the company also manufactures specialised and value-enhanced products such as Compact Eli Twist (Siro) Yarns, Compact Slub Yarns, and Lycra-blended Yarns designed to meet evolving textile requirements. Their manufacturing unit is located in Gondal, Rajkot, Gujarat, equipped with 17 compact ring-spinning machines with an installed capacity of 27,744 spindles.
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