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Shree Ram Twistex IPO

Shree Ram Twistex IPO — date, price band, GMP & allotment 2026

Shree Ram Twistex IPO opens on 23 February 2026, closing 25 February, with allotment by 26 February and listing on 2 March on BSE and NSE. Founded in 2013 in Gondal, Rajkot, Gujarat, this company manufactures 100% cotton yarns compact ring spun, carded varieties from Ne 8 to Ne 40, plus value-added Eli Twist and slub yarns. It runs a B2B model, supplying denim, home textiles, and industrial fabric makers via brokers across Gujarat, Maharashtra, Tamil Nadu, and exports. With a massive 29,947 sq m facility boasting 27,744 spindles, Shree Ram Twistex holds strong presence in India's cotton belt.

Stock price

Shree Ram Twistex is listed — here is the live share price.

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The verdict
Neutral
54 / 100 · 12 reviews
Read the reviews →
Grey market premium
₹-30
-29% over ₹104 issue price
GMP history →
Subscribed
43.66×
Overall, across all categories
Fully subscribed Live subscription →
Minimum to apply
₹14,976
1 lot · 144 shares at ₹104
Size my application →
Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 11 September.

Key dates Listed
  1. Open 23 Feb 2026
  2. Close 25 Feb 2026
  3. Allotment 26 Feb 2026
  4. Refund/credit 27 Feb 2026
  5. Listing 02 Mar 2026

Issue summary

The terms of the offer, as filed.

IPO Dates 23 to 25 Feb, 2026
Price Band ₹95 – ₹104
Face Value ₹10
Lot Size 144 Shares
Issue Size ₹110.24 Cr
Sale Type Book build issue
Listing On NSE & BSE
Registrar Bigshare Services Private Limited
Min Investment ₹ 14,976
Reservation
QIB 75%
NII 15%
Retail 10%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 144 shares at the ₹104 cut-off. Drag to size your application.

shares
1 lot lots
If it lists at today's grey market premium of ₹-30
on
Grey market premium is an unofficial, unregulated indicator. It is not a forecast.
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

Three years of numbers

All figures in ₹ crore, as reported in the Shree Ram Twistex offer document.

Total income
231.72
218
214
232
31 Mar 2231 Mar 2331 Mar 24
Profit after tax
66.80
54
61
67
31 Mar 2231 Mar 2331 Mar 24
EBITDA
20.19
18
17
20
31 Mar 2231 Mar 2331 Mar 24
Metric 31 Mar 24 31 Mar 23 31 Mar 22
Revenue 231.72 213.58 218.37
OPM % 6.55 2.05 3.64
EBITDA 20.19 17.40 18.02
Net Profit 66.80 61.11 53.87
Debt 43.81 67.04 56.96
Assets 154.30 135.71 130.78

See how this IPO compares — view listing performance of all mainboard IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Shree Ram Twistex RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
29.69
EPS (₹)
3.50
RoCE
12.50
RoNW
10.25
PAT Margin
2.83

Shree Ram Twistex IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹3.50
P/E Ratio (x) 29.69
Market Cap at Offer Price (₹ Cr) ₹1,984.91

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹104 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹105.74 Cr of the issue is earmarked to named objects.

Funding for setting up of 6.1 MW Solar Power Plant for captive use ₹7.85 Cr
Funding for setting up of 4.2 MW Wind Power Plant for captive use ₹39.00 Cr
Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company ₹14.89 Cr
Funding the working capital requirements of our Company ₹44.00 Cr
General corporate purposes Not stated

About the company

Shree Ram Twistex was established in India with a focus on the textile and yarn processing industry, catering to the growing demand for quality twisted yarn in domestic and export markets. Over the years, the company has built a steady presence by focusing on consistency, product quality and timely delivery. Promoted by experienced professionals from the textile sector, the company has developed strong technical know-how and industry relationships, helping it expand its customer base across various textile hubs in the country.

The company is primarily engaged in the manufacturing and processing of twisted yarn, which is widely used in knitting, weaving and other textile applications. It operates on a B2B business model, supplying its products to garment manufacturers, fabric producers and textile companies. By maintaining quality standards and optimising production efficiency, Shree Ram Twistex aims to offer cost-effective solutions to its clients while ensuring long-term business relationships and sustainable growth in the competitive textile industry.

Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.

Promoters
Bhaveshbhai Bhikhumbhai Ramani, Jay Atulbhai Tilala, Nidhi Bhaveshbhai Kothari
Promoter holding
2,93,75,000 3,99,75,000
Pre-issue → post-issue
Registered office
Shree Ram Twistex Ltd. Address 566P1, Umwada Road Near Bajrang Cotspin, Gondal, Rajkot, Gujarat, 360311
91 75100 12200

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
Interactive Financial Services Ltd. View track record →
Red Herring Prospectus
SEBI filing
Final offer document — price band, financials and risk factors. This page is built from it.
Open the RHP
Draft RHP
SEBI filing
The draft filed ahead of approval, useful for comparing what changed.
Open the DRHP

Shree Ram Twistex IPO Documents

Read the filings this page is built from.

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

Listed in Profit 0% 0 of 3 listed
Avg Listing Gain -5.6% across 3 issues
Listed Below Issue 3 of 3 listed

Best listing: Aritas Vinyl (0.0%). Weakest: Harikanta Overseas (-16.9%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Shree Ram Twistex
Email

Frequently asked

What is the GMP of Shree Ram Twistex?

The current Grey Market Premium is ₹-30, or -29% over the issue price.

What is the Shree Ram Twistex IPO price band?

₹95 to ₹104, on a face value of ₹10.

When is the allotment?

The basis of allotment is 26 February 2026, with listing on 2 March 2026.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.

Shree Ram Twistex IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹-30
Subscribed
43.66×
Min bid
₹14,976
Size my application