Shree Ram Twistex IPO GMP, Price, Date, Allotment & Subscription Status

By REPAKA PAVAN ADITYA

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Updated on: Feb 24th, 2026

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9 min read

Shree Ram Twistex Ltd is launching its Initial Public Offering (IPO) to raise around ₹110.24 crore through a fresh issue of shares, giving investors a chance to participate in its growth in the premium cotton yarn sector. Check here for the latest GMP Key details, subscription status and many more.

Shree Ram Twistex IPO GMP as of Today 24 Feb 2026 is "₹5"

What is Shree Ram Twistex IPO?

Shree Ram Twistex IPO is a mainboard initial public offering of approximately ₹110.24 crore, with a 100% fresh issue of equity shares. The company operates in the cotton yarn manufacturing sector in B2B mode and aims to use the funds raised via IPO for renewable energy projects, working capital, and debt repayment.

  • Issue Size: ₹110.24 Crores
  • Listing Exchanges: BSE & NSE
  • Lead Manager: Interactive Financial Services Ltd
  • Registrar: Bigshare Services Pvt Ltd 

Shree Ram Twistex IPO Key Timeline

Event

Date

IPO Opening DateFebruary 23, 2026
IPO Closing DateFebruary 25, 2026
Basis of AllotmentFebruary 26, 2026
Initiation of RefundsFebruary 26, 2026
Credit of Shares to DematFebruary 27, 2026
IPO Listing DateMarch 2, 2026

Shree Ram Twistex Key IPO Details

  • IPO Open Date: 23 Feb 2026
  • IPO Close Date: 25 Feb 2026
  • Issue Size: ₹110.24 Crores
  • Fresh Issue: ₹110.24 Crores
  • Face Value: ₹10 per equity share
  • Price Band: ₹95 – ₹104 per share
  • Lot Size: 144 shares
  • Minimum Investment (Retail): ₹14,976 (1 lot)
  • Minimum Investment (sHNI): ₹2,09,664 (14 lots approx)
  • Minimum Investment (bHNI): ₹10,03,392 (67 lots approx)
  • IPO Reservation: 
    • Qualified Institutional Buyers (QIB): Not less than 75% of the Issue
    • Non-Institutional Investors (NII): Not more than 15% of the Issue
    • Retail: Not more than 10% of the Issue
  • UPI Mandate Cut‑off: 25 Feb 2026 by 5:00 PM

Shree Ram Twistex IPO GMP Today

Grey market premium (GMP) is an unofficial pre-listing indicator reflecting market sentiment. As of 24 Feb 2026, the GMP stands at about ₹5 per share, implying a potential listing price of about ₹109 per share, about 4.81% above the upper price band of ₹104.

GMP Date

IPO Price

GMP

Expected Listing

Premium (%)

24‑Feb‑2026₹104₹5₹1094.81%
23‑Feb‑2026₹104₹5₹1094.81%
22‑Feb‑2026₹104₹5₹1094.81%
21‑Feb‑2026₹104₹5₹1094.81%
20‑Feb‑2026₹104₹5₹1094.81%
19‑Feb‑2026₹104₹5₹1094.81%
18‑Feb‑2026₹104₹5₹1094.81%

Shree Ram Twistex IPO Subscription Status

The latest subscription numbers (retail, QIB, NII) will be updated after bidding opens on 23 Feb 2026. Once data is available, this section will show subscription multiples across categories such as:

Investor Type

Subscription (Multiples)

Qualified Institutional Buyers (QIB)0.00
Non‑Institutional Investors (NII)0.02
Retail Investors0.32
Total0.03

Shree Ram Twistex IPO Objectives

Proceeds from the IPO will be used for:

  • Setting up of 6.1 MW Solar Power Plant
  • Setting up of 4.2 MW Wind Power Plant
  • Working capital requirements
  • General corporate purposes
  • Repayment and/or pre-payment, in full or part, of certain borrowings

About Shree Ram Twistex Limited

Shree Ram Twistex Ltd is a textile companybased in the Gujarat it manufactures  100% cotton yarn products, serving both domestic and international markets. The company operates on a (B2B) model, supplying high-quality yarn to textile manufacturers, garment exporters, fabric processors, and bulk purchasers. 

  • Headquarters: Gujarat, India
  • Product Range: Carded yarns, combed yarns, Lycra‑blended yarns
  • Manufacturing Facilities: Located in Gondal, Gujarat

Shree Ram Twistex Ltd Business Overview

Shree Ram Twistex Ltd operates as a high-value link in the synthetic fibre supply chain. Rather than producing basic yarn, they focus on the "texturising" and "twisting" stages, which are essential to making polyester usable for high-end clothing.

  • What they actually do: They take raw Partially Oriented Yarn (POY) and run it through high-speed machinery to create Draw Texturised Yarn (DTY). This process gives the plastic-like raw fibre a "fabric feel," elasticity, and durability.
  • Market Focus: The company serves the massive weaving clusters in Surat and Silvassa, providing the raw material for everything from sarees and dress materials to upholstery.
  • Infrastructure: SRTL runs a lean operation centered on specialized texturizing machines. Their throughput is dictated by their machine-head count and the speed at which they can process raw polymer filaments.

Shree Ram Twistex Ltd Key Highlights

  • The company offers premium, value-added yarns and has a clean record with no delays, strikes, or past losses.
  • Experienced promoters with deep textile industry background and emphasis on quality innovation.  
  • Strategic IPO proceeds allocation for renewable energy projects (6.1 MW solar + 4.2 MW wind for captive use), debt repayment, and working capital to boost operational efficiency and margins.

Strengths and Challenges of Shree Ram Twistex Ltd

Strengths

  • Specialised Value-Add: By not being a commodity spinner, they avoid the lowest-margin parts of the textile trade. Their "twist" is what adds the value.
  • Low Labour Intensity: The business is heavily mechanised. This protects them from the rising labour costs and union issues that often plague traditional garment factories.
  • Niche Expertise: They have a deep understanding of the "denier" (thickness) requirements for specific fabric types, giving them a sticky customer base.

Challenges

  • The "Oil Factor": Since polyester is a petroleum byproduct, SRTL’s raw material costs are at the mercy of global oil markets. A war or supply cut halfway across the world hits their bottom line directly.
  • Electricity Dependence: Texturising machines run 24/7 and consume massive amounts of power. In an era of rising energy costs, this is their biggest operational "leak."
  • High Concentration: Like many B2B players, they rely on a handful of large weaving houses. If a major client shifts to a competitor or faces a downturn, SRTL feels the impact immediately.
  • ESG Pressure: The textile industry is under increasing scrutiny for its environmental footprint. Transitioning to recycled polyester (rPET) or greener energy sources will require significant capital that they may not currently have.

Shree Ram Twistex Ltd Financial Performance

Particulars

30 Sep 2025

31 Mar 2025

31 Mar 2024

31 Mar 2023

Total Assets217.44194.20154.30135.71
Total Income132.27256.32231.72213.58
PAT7.008.006.552.05
EBITDA17.0421.8520.1917.40
Net Worth80.7074.0366.8061.11
Reserves & Surplus51.3344.6637.4249.36
Total Borrowing60.7062.4867.0455.70

How to Apply for Shree Ram Twistex IPO?

Online Method:

  • Step 1: Log in to your Stockbroker app/website or your bank’s net banking portal.
  • Step 2: Navigate to the IPO section.
  • Step 3: Select “Shree Ram Twistex IPO” from the list of IPO’s.
  • Step 4: Enter your bid price and the number of lots and the bid price.
  • Step 5: Submit  the application
  • Step 6: complete the payment by 5:00 PM on 25 February 2026.

Offline Method:

  • Obtain the IPO application form from your broker or bank branch.
  • Fill in the required details, including PAN, bid quantity, and price.
  • Completed form  by filing the ipo details, lot size, along with the required payment instructions
  • Submit to your stockbroker or bank before the IPO closes.

Note: Ensure that your UPI ID or bank account is active and has sufficient funds to avoid application rejection.

Shree Ram Twistex IPO Allotment Status

Allotment status will be available on the registrar’s website after 26 Feb 2026. To IPO allotment check status:

  1. Visit the registrar (Bigshare Services) site.
  2. Select “Shree Ram Twistex IPO”.
  3. Enter PAN / Application Number / DP ID.
  4. Click “Search” to view allotment.

Allotment can also be checked on the BSE and NSE portals once finalised. 

Shree Ram Twistex Ltd IPO Contact Details

Company:

  • Name: Shree Ram Twistex Limited
  • Address: 566P1, Umwada Road, Near Bajrang Cotspin, Gondal, Rajkot, Gujarat 360311, India
  • Email: cs@shreeramtwistex.com
  • Ph no: +91 75100 12200

Registrar:

  • Name: Bigshare Services Private Limited
  • Address: Office No S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Andheri East, Mumbai - 400093
  • Email: ipo@bigshareonline.com

Lead Manager:

  • Name: Interactive Financial Services Limited
  • Contact Person: Jaini Jain
  • Email: mbd@ifinservices.in
  • Ph no: +91 98980 55647

Conclusion

The  IPO presents an investment opportunity in the expanding cotton yarn sector, backed by a solid business model and strategic use of proceeds for growth and sustainability. As investors evaluate this offering, it's crucial to consider market dynamics and the company's financial health to make informed decisions.

Disclaimer: The information provided in the article is only for educational purposes and should not be taken as investment advice. Investors are advised to conduct their own research and consult SEBI-registered financial advisors before making any investment decisions.

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Frequently Asked Questions

What is the Shree Ram Twistex IPO GMP price?

Shree Ram Twistex IPO GMP price today is ₹5 per share (as of February 20, 2026), indicating an expected listing price of ₹109 (4.81% premium over the upper price band of ₹104).

Who is the owner of Shree Ram Twistex Ltd?

The owner / Promoters of Shree Ram Twistex Ltd are Mr Ashokkumar Shyamlal Daga (Managing Director), along with family promoters, including Mrs Rekha Ashokkumar Daga, who hold the majority stake.

What is the profit of Shree Ram Twistex Ltd?

Profit (PAT) of Shree Ram Twistex Ltd is approximately ₹8 crore for FY25 (up significantly from ₹2.05 crore in FY23), reflecting strong growth in profitability.

About the Author
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REPAKA PAVAN ADITYA

Stocks and Mutual Funds Research Analyst
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I manifest my zeal in financial quantitative & quantitative research and have been instrumental in creating a robust process for the evaluation and monitoring of mutual funds. I’m responsible for Equity and Mutual Funds Research while creating instrumental mathematical models for portfolio construction after evaluating funds, and I play an integral role in analyzing changes in mutual funds, micro, and macro-economic indicators, and equity market events and trends. My views on asset classes which are integral in creating an investment strategy for any profile. Read more

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