Shree Ram Twistex IPO is a bookbuilt issue of Rs 110.24 crore. This issue is entirely a fresh issue of 1.06 crore shares with no offer for sale.
The IPO opens for subscription on February 23, 2026, and closes on February 25, 2026. The allotment is expected to be finalized on Thursday, February 26, 2026. The price band for the IPO is set at ₹95 to ₹104 per share, and the minimum lot size for an application is 144 shares.
Company Summary
Shree Ram Twistex manufactures cotton yarns, including Compact Ring Spun and Carded Yarns, both Combed and Carded. The yarns are used in both knitting and weaving for various products, such as denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics.
It also offers value-added yarns, like Eli Twist (Combed and Carded), Compact Slub Yarns, and Lycra-Blended Yarns.
The company operates on a business-to-business (B2B) model – supplying products to textile manufacturers, garment exporters, bulk purchasers, and fabric processors. It sells products across states, including Gujarat, Rajasthan, West Bengal, Maharashtra, Tamil Nadu, Madhya Pradesh, and Punjab, as well as the union territory of Dadra and Nagar Haveli, and also export internationally.
Its manufacturing facility is located in Gondal, Rajkot, Gujarat, with 17 compact ring-spinning machines with a total spindle count of 27,744. The company also has five (5) warehouses, two (2) raw material storage, two (2) for finished goods, and one (1) for general storage, with a combined storage capacity of 9,855 MT.
Company Strengths
- Fully integrated spinning infrastructure with modern technologies
- Long-standing relationships with key customers
- Strategically located manufacturing facility with an adequate storage facility
- Track Record of healthy growth
- Experienced promoters and management Team
Company Financials
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 217.44 | 194.2 | 154.3 | 135.71 |
| Total Income | 132.27 | 256.32 | 231.72 | 213.58 |
| Profit After Tax | 7 | 8 | 6.55 | 2.05 |
| EBITDA | 17.04 | 21.85 | 20.19 | 17.4 |
| Net Worth | 80.7 | 74.03 | 66.8 | 61.11 |
| Reserves and Surplus | 51.33 | 44.66 | 37.42 | 49.36 |
| Total Borrowing | 60.7 | 62.48 | 67.04 | 55.7 |
| Amount in ₹ Crore | ||||
Objectives of IPO
- Funding for the setting up of a 6.1 MW Solar Power Plant for captive use
- Funding for the setting up of a 4.2 MW Wind Power Plant for captive use
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company
- Funding the working capital requirements of our Company
- General corporate purposes
Promoters of the company
Bhaveshbhai Bhikhumbhai Ramani, Jay Atulbhai Tilala, and Nidhi Bhaveshbhai Kothari are the company promoters.
IPO Details
| IPO Date | February 23, 2026 to February 25, 2026 |
| Listing Date | March 02, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹104 per share |
| Lot size | 144 shares |
| Total Issue size | 1,06,00,000 shares (aggregating upto ₹110.00 Cr ) |
| Issue type | Bookbuilding IPO |
| Listing at | NSE, BSE |
| Share Holding Pre Issue | 2,93,75,000 shares |
| Share Holding Post Issue | 3,99,75,000 shares |
Lot Allocation Details
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 144 | ₹14,976.00 |
| Retail (Max) | 13 | 1,872 | ₹1,94,688.00 |
| S-HNI (Min) | 14 | 2,016 | ₹2,09,664.00 |
| S-HNI (Max) | 66 | 9,504 | ₹9,88,416.00 |
| B-HNI (Min) | 67 | 9,648 | ₹10,03,392.00 |
Allotment Schedule
| Basis of Allotment | Thu, 26 Feb, 2026 |
| Initiation of Refunds | Fri, 27 Feb, 2026 |
| Credit of Shares to Demat | Fri, 27 Feb, 2026 |
| Tentative Listing Date | Mon, 2 Mar, 2026 |
IPO Reservation
| Investor Category | Shares Offered |
| QIB Shares Offered | Not less than 75% of the Issue |
| Retail Shares Offered | Not more than 10% of the Issue |
| NII Shares Offered | Not more than 15% of the Issue |
Source – SEBI, Chittorgarh
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