Shree Ram Twistex IPO subscribed 43.66 times overall on the last day. A retail quota was subscribed over 76.63 times, NII was subscribed over 220.30 times, and QIB was subscribed over 3.94 times.
Shree Ram Twistex IPO Listing Details
| Listing Date | March 2, 2026 |
| BSE Code | 544716Ā |
| NSE Code | SRTL |
| ISIN Code | INE19GK01015 |
| Offer Price | ā¹95 to ā¹104 |
| Face Value | ā¹10 |
| Listing Price | ā¹68 |
Shree Ram Twistex IPO details
Shree Ram Twistex received SEBI approval for an IPO of ā¹110.24 crores, comprising a fresh issue of ā¹110.24 crores with a face value of ā¹10 each. The Company has a price band of ā¹95 to ā¹104 per share.
How many shares did investors receive in this IPO??
- Retail minimum investors got 144 shares in 1 lot size.
- Retail Maximum investors got 1,872 shares, 13 lot sizes.
- S-HNI minimum investors got 2,016 shares, 14 lot sizes.
- S-HNI Maximum investors got 9,504 shares, 66 shares.
- B-HNI minimum got 9,648 shares, 67 lot sizes.
To invest in the Shree Ram Twistex IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ā¹14,976
- Retail Investors: Maximum investment of ā¹1,94,688.
- SHNI (S-HNI): Minimum investment of ā¹2,09,664.
- S-HNI Max: investment of ā¹9,88,416.
- B-HNI: Minimum investment of ā¹10,03,392.
Shree Ram Twistex IPO Subscription Duration
Shree Ram Twistex IPO subscription started on February 23, 2026, and closed on February 25, 2026. The Shree Ram Twistex IPO allotment date was February 26, 2026, and the refund will be received on February 27, 2026. The Shree Ram Twistex IPO listing is on March 2, 2026.
Shree Ram Twistex IPO Funds Deployment
- Proceeds raised from the fresh issue will be used towards setting up a 6.1 MW Solar Power Plant for captive use.
- Some funds will be utilized towards setting up a 4.2 MW Wind Power Plant for captive use.
- A portion of the funds will be used to repay and prepay the existing borrowings.
- A portion will be utilized towards the working capital requirements of the Company.
- Lastly, the remaining funds will be used for general corporate purposes.
About the Shree Ram Twistex IPO Company
Shree Ram Twistex is one of the leading Gujarat-based manufacturers of cotton yarn utilized in the knitting & weaving of cotton clothes like denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. Shree Ram mostly operates on a B2B model, supplying directly to major textile manufacturers, garment exporters, and fabric processors.
Its manufacturing facility is situated at Gondal, Gujarat, which has 17 compact ring-spinning machines with 27,744 spinning units to make cotton yarn. The firm sells its products to both domestic and international markets. Its product offerings include Compact Ring Spun and Carded Yarns, Eli Twist (Combed and Carded), Compact Slub Yarns, and Lycra-Blended Yarns.
Shree Ram Twistex IPO Company Financial Report
The company reported revenue of ā¹231.72 crores in 2024 against ā¹213.58 crores in 2023. The company reported a profit of ā¹6.55 crores in 2024 against a profit of ā¹2.05 crores in 2023.
