What is the Shree Ram Twistex IPO price band?

The Shree Ram Twistex IPO price band is ₹95 to ₹104 per share. Each share has a face value of ₹10. The retail lot size is 144 shares, which means retail investors need to invest approximately ₹14,976 per lot at the upper end of the price band. The IPO is a 100% fresh issue with no offer for sale component.

When does the Shree Ram Twistex IPO list?

Shree Ram Twistex IPO is scheduled to list on both NSE and BSE on March 2, 2026. The subscription period closes on February 25, 2026, with allotment expected on February 26, 2026. Refunds for unsuccessful applicants and credit of shares to demat accounts of allotted investors are expected by the listing date.

What will Shree Ram Twistex use the IPO funds for?

The company plans to use IPO proceeds for three purposes: installing renewable energy infrastructure (solar and wind installations) to manage electricity costs in spinning operations, repaying existing debt, and meeting working capital requirements. The renewable energy investment is intended to reduce the company's power cost burden, which is significant in the textile spinning industry.

What products does Shree Ram Twistex manufacture?

Shree Ram Twistex manufactures cotton yarn products including compact ring-spun yarn, combed yarn, carded yarn, and Lycra-blended yarn. These products are supplied to downstream fabric manufacturers and exporters. The company operates a fully integrated spinning facility from its base in Gondal, Rajkot district in Gujarat.

How to check Shree Ram Twistex IPO allotment status?

Investors can check Shree Ram Twistex IPO allotment status on the BSE website, NSE website, or the registrar's official portal. To check status, you will need your PAN number or application number. Allotment is expected on February 26, 2026, the day after the subscription window closes on February 25, 2026.

Shree Ram Twistex IPO: GMP, Allotment Status & Price Band

Can captive solar and wind power improve profitability in India’s power-intensive spinning sector?

Team Sahi

Published: 19 Feb 2026, 01:23 PM IST (1 month ago)

Last Updated: 24 Feb 2026, 05:30 AM IST (1 month ago)

5 min read

Shree Ram Twistex Limited, a Gujarat-based cotton yarn manufacturer, is raising ₹110.24 crore through a fresh issue IPO priced at ₹95–₹104 per share. The company subscribed from February 23–25, 2026 and lists on NSE and BSE on March 2, 2026, with proceeds targeted at renewable energy infrastructure, debt repayment, and working capital.

Shree Ram Twistex IPO opened on February 23, 2026, and closes February 25, 2026. The Gujarat-based cotton yarn manufacturer is entering public markets with a fresh issue of ₹110.24 crore. The company lists on NSE and BSE on March 2, 2026.

About Shree Ram Twistex Limited

Shree Ram Twistex Limited is a cotton yarn manufacturer based in Gondal, Rajkot district, Gujarat. The company was incorporated in 2013 and converted to a public limited company in September 2024.

The company manufactures a range of yarn products. Its product portfolio includes compact ring-spun yarn, combed yarn, carded yarn, and Lycra-blended yarn variants. These products serve downstream fabric manufacturers and exporters across domestic and international markets.

Promoters of the company are Bhaveshbhai Bhikhubhai Ramani, Jay Atulbhai Tilala, and Nidhi Bhaveshbhai Kothari.

Shree Ram Twistex IPO Details

Parameter	Details
Issue Size	₹110.24 crore (100% fresh issue)
Shares Offered	1.06 crore equity shares (face value ₹10)
Price Band	₹95 – ₹104 per share
Subscription Dates	Feb 23 – Feb 25, 2026
Allotment Date	Feb 26, 2026 (expected)
Listing Date	March 2, 2026
Listing Exchanges	NSE and BSE
Retail Lot Size	144 shares
Retail Investment (1 lot)	₹14,976 at upper price band

Use of IPO Proceeds

Shree Ram Twistex will use the fresh issue proceeds for three primary purposes:

Renewable energy infrastructure: Solar and wind energy installations to reduce power costs in spinning operations
Debt repayment: Reducing existing borrowings on the company's balance sheet
Working capital requirements: Funding day-to-day operational needs

Financial Performance

Financial Year	Revenue (₹ crore)	PAT (₹ crore)	EBITDA Margin
FY 2022–23	213.58	2.05	~8%
FY 2024–25	256.32	8.00	~13%

Revenue grew from ₹213.58 crore in FY23 to ₹256.32 crore in FY25. PAT increased from ₹2.05 crore to ₹8 crore over the same period. EBITDA margins improved, ranging between 8% and 13% across the period.

At the upper price band of ₹104, the company's post-issue market capitalization is approximately ₹416 crore. The P/E multiple at this valuation is approximately 30x based on FY25 earnings.

Key Risk Factors

Geographic concentration: Operations are concentrated in Gujarat, creating exposure to regional disruptions
Supplier concentration: Limited diversity in cotton sourcing creates raw material supply risk
Revenue concentration: Revenue depends on a limited product range within the cotton yarn segment
Sector cyclicality: Textile demand and cotton prices are subject to seasonal and global commodity cycles

How to Check Allotment Status

Once the Shree Ram Twistex IPO subscription period closes, allotment is expected on February 26, 2026. Investors can check allotment status through the registrar's website, BSE, or NSE or on the KFinTech website using their PAN number or application number.