SRTL
Shree Ram Twistex IPO, a Mainboard IPO has closed for subscription. The price band is set between ₹95 –104 , with a face value of ₹10 . Retail investors can apply with a minimum of 1 lot, each comprising 144 shares — amounting to ₹14,976 at the upper price. The listing date on the exchange (NSE,BSE) is March 3, 2026.
The Shree Ram Twistex IPO subscription has closed. Investors who applied for shares can now check their IPO allotment status online. The basis of allotment for Shree Ram Twistex IPO has been finalized, and you can verify whether you have been allotted shares by checking the registrar's website using your PAN number, application number, or DP ID. If you have been allotted shares, they will be credited to your demat account before the listing date. If not allotted, the refund amount will be processed to your bank account as per the timeline.
Shree Ram Twistex IPO MAINBOARD Important Dates
Get important updates regarding Shree Ram Twistex IPO MAINBOARD tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates. Dates are updated as soon as they are announced.
Open Date
Feb 23
Close Date
Feb 25
Allotment
Feb 26
Listing
Mar 03
Issue Size
10,600,000 shares
(aggregating up to ₹110.00 Cr)
Issue Price
₹95 – ₹104
Face Value
₹10/share
Market Lot
144 shares
Retail Min Investment
₹14,976
Listing At
NSE,BSE
Sale Type
fresh issue
Fresh Issue
10,600,000 shares
(aggregating up to ₹110 Cr)
Issue Type
fixed price
Last updated: 17 hours ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 01 Mar 2026 Latest | ₹104 | ₹-30 | ₹74 | ₹-30 |
-28.85%
|
2:30 PM |
| 28 Feb 2026 | ₹104 | ₹-23 | ₹81 | ₹-23 |
-22.12%
|
5:30 PM |
| 27 Feb 2026 | ₹104 | ₹-20 | ₹84 | ₹-20 |
-19.23%
|
2:57 PM |
| 26 Feb 2026 | ₹104 | ₹-17 | ₹87 | ₹-17 |
-16.35%
|
5:57 PM |
| 25 Feb 2026 | ₹104 | ₹-6 | ₹98 | ₹-6 |
-5.77%
|
4:32 PM |
| 24 Feb 2026 | ₹104 | ₹13.5 | ₹117.5 | ₹13.5 |
12.98%
|
5:27 PM |
| 23 Feb 2026 | ₹104 | ₹7.5 | ₹111.5 | ₹7.5 |
7.21%
|
6:24 PM |
| 22 Feb 2026 | ₹104 | ₹5 | ₹109 | ₹5 |
4.81%
|
11:15 AM |
| 21 Feb 2026 | ₹104 | ₹5 | ₹109 | ₹5 |
4.81%
|
3:16 PM |
| 20 Feb 2026 | ₹104 | ₹5 | ₹109 | ₹5 |
4.81%
|
1:24 PM |
| 19 Feb 2026 | ₹104 | ₹5 | ₹109 | ₹5 |
4.81%
|
12:17 PM |
| 18 Feb 2026 | ₹104 | ₹5 | ₹109 | ₹5 |
4.81%
|
5:42 PM |
| 17 Feb 2026 | ₹104 | ₹4 | ₹108 | ₹4 |
3.85%
|
6:37 PM |
| 16 Feb 2026 | ₹104 | ₹0 | ₹104 | ₹0 |
0%
|
10:42 AM |
| 15 Feb 2026 | ₹104 | ₹0 | ₹104 | ₹0 |
0%
|
5:24 PM |
| 14 Feb 2026 | ₹104 | ₹0 | ₹104 | ₹0 |
0%
|
5:00 PM |
| 13 Feb 2026 | ₹104 | ₹0 | ₹104 | ₹0 |
0%
|
4:34 PM |
Latest snapshot: Feb 25, 2026
| Category | Subscribed (x) |
|---|---|
| QIB | 3.94x |
| NII | 220.3x |
| bNII (bids above ₹10L) | 240.94x |
| sNII (bids below ₹10L) | 179x |
| Retail Investors | 76.63x |
| Total | 43.66x |
Bhaveshbhai Bhikhumbhai Ramani, Jay Atulbhai Tilala, and Nidhi Bhaveshbhai Kothari are the company's promoters.
IPO investment limits, also referred to as application limits or bidding limits, define the minimum and maximum number of shares, lots, and investment amount that investors can apply for in an IPO based on their category (Retail, HNI, or Institutional). These limits are calculated as per SEBI guidelines and help ensure fair distribution of shares. Retail investors typically have lower minimum and maximum limits compared to High Net Worth Individuals (HNI) and Non-Institutional Investors (NII). Understanding IPO application limits is essential for investors to determine how much they can invest, calculate the number of lots they can apply for, and plan their investment strategy accordingly. The investment limits table shows the lot size, number of shares, and total amount in rupees for each investor category.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 144 | ₹14,976 |
| Retail (Max) | 13 | 1,872 | ₹194,688 |
| S-HNI (Min) | 14 | 2,016 | ₹209,664 |
| S-HNI (Max) | 66 | 9,504 | ₹988,416 |
| B-HNI (Min) | 67 | 9,648 | ₹1,003,392 |
Shree Ram Twistex Limited is a Gujarat-based textile company specialized in spinning high-quality cotton yarn. They produce 100% cotton ring-spun yarn, including combed and carded varieties, which are used to make garments like t-shirts, innerwear, and denim. The company operates from a modern facility in Gondal (Rajkot) with a capacity of approximately 28,000 spindles.
Strengths:
The company’s biggest strength is its strategic location. Being located in the cotton-growing belt of Gujarat allows them easy access to high-quality raw materials at lower transportation costs. They have built integrated infrastructure using advanced technology (like Rieter and LMW machinery) which ensures high efficiency and superior product quality. Their long-standing relationships with a diverse customer base and a network of brokers across India provide them with a stable market presence. Additionally, they have a strong focus on cost-efficiency, having installed solar and wind power plants for captive use, which significantly reduces their operational expenses.
Growth:
Shree Ram Twistex has shown consistent financial performance, with revenues growing from roughly ₹62 crore in 2017 to over ₹250 crore in 2025. Their growth strategy involves capacity expansion and moving into high-margin products like specialized yarns. The company is aggressively investing in Renewable Energy (Solar and Wind) to become more sustainable and profitable. By using IPO proceeds to set up 6.1 MW Solar and 4.2 MW Wind power plants, they aim to achieve nearly 100% power self-sufficiency, which will directly boost their net profit margins in the coming years.
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 213.58 | 231.72 | 254.87 |
| Profit After Tax (PAT) | 2.05 | 6.55 | 8.46 |
| EBITDA | 17.4 | 20.19 | 21.68 |
| Assets | 135.71 | 154.3 | 155.87 |
| Net Worth | 61.11 | 66.8 | 58 |
| Reserves & Surplus | 49.36 | 37.42 | 43.81 |
| Total Borrowing | 55.7 | 67.04 | 60 |
The Shree Ram Twistex IPO is expected to open in February, 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Shree Ram Twistex IPO is ₹95.00 - ₹104.00 per share.
As per market sources, Shree Ram Twistex IPO GMP is currently ₹-30.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Shree Ram Twistex IPO stands at 43.66x overall.
The listing date for Shree Ram Twistex IPO is March 3, 2026.
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