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.
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
₹109
4.81%
23‑Feb‑2026
₹104
₹5
₹109
4.81%
22‑Feb‑2026
₹104
₹5
₹109
4.81%
21‑Feb‑2026
₹104
₹5
₹109
4.81%
20‑Feb‑2026
₹104
₹5
₹109
4.81%
19‑Feb‑2026
₹104
₹5
₹109
4.81%
18‑Feb‑2026
₹104
₹5
₹109
4.81%
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 Investors
0.32
Total
0.03
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.
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 Assets
217.44
194.20
154.30
135.71
Total Income
132.27
256.32
231.72
213.58
PAT
7.00
8.00
6.55
2.05
EBITDA
17.04
21.85
20.19
17.40
Net Worth
80.70
74.03
66.80
61.11
Reserves & Surplus
51.33
44.66
37.42
49.36
Total Borrowing
60.70
62.48
67.04
55.70
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:
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.
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.
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