The Indian cotton yarn manufacturing industry is growing at a rate of 8 to 12 percent per year and is expected to reach $10 billion or more by 2030 thanks to demand for exports, environmentally friendly spinning technology, and compact yarns that add value for knitting and weaving. Shree Ram Twistex Ltd, which is based in Rajkot, Gujarat, and was founded in 2013, makes 100% cotton compact ring-spun combed and carded yarns for clothes and textiles. It has 27,744 spindles across 17 machines.
Shree Ram Twistex Limited makes high-quality cotton yarns for knitting and weaving at its Rajkot factory. These yarns are sold in both domestic and international markets.
Main strengths: the ability to integrate backward through captive solar and wind power, lower debt that improves margins, efficient working capital for scaling up production, and established textile peers like Ambika Cotton Mills.
Before the Mainboard IPO, Shree Ram Twistex's business grew steadily. The FY25 financials show that revenue is growing and PAT is visible. 1.06 Cr new shares at ₹10 FV—opens February 23–25, 2026; allotment on February 26; BSE/NSE listing on February 27.
Shree Ram Twistex IPO Details:
Shree Ram Twistex Issue Management:
Interactive Financial Services Ltd acts as the book-running lead manager for Shree Ram Twistex Mainboard IPO, managing underwriting and compliance.
Shree Ram Twistex IPO RTA (Registrar) Details:
Bigshare Services handles allotment, refunds, and demat credits—contact at +91-22-6263 8200 or ipo@bigshareonline.com.
Shree Ram Twistex IPO Allotment Status:
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Action Links:
To apply for Shree Ram Twistex IPO, open a demat account here
Shree Ram Twistex IPO Subscription Status: Check live subscription here
Shree Ram Twistex IPO GMP Update: Check latest grey market premium here
Shree Ram Twistex Limited, which was founded in 2013 in Rajkot, makes 100% cotton yarns using 27,744 spindles (17 machines) for the clothing and textile markets in India and abroad. It includes plans for backward integration (solar and wind power plants), paying off debt, and making the best use of working capital for scalable production.
Before the Mainboard IPO, Shree Ram Twistex saw steady growth. FY25 shows growth in revenue and PAT (EPS ₹2.23, RoE 10.25%, RoNW 10%). ₹[TBD] Cr (1.06 Cr new shares at ₹10 FV, 100% new issue, no OFS)—opens from February 23 to 25, 2026; allotment on February 26; listing on the BSE/NSE on March 2.
Shree Ram Twistex Limited IPO is total 1.06 Cr shares @ ₹10 FV: 100% fresh issue (no OFS)—to fund solar/wind power plants, debt repayment, and working capital.
Shree Ram Twistex IPO proceeds will be deployed towards the following objectives:
Shree Ram Twistex Ltd NSE BSE Mainboard IPO reserves shares per SEBI Mainboard norms
The Anchor bidding opens February 22, 2026 (~28.42% of QIB portion).
Lock-in: 50% for 30 days, 50% for 90 days per SEBI mainboard guidelines. Anchor list filed via registrar Bigshare Services.
The anchor allocation document filed right before issue opens will list specific anchor investor names via registrar Bigshare Services Pvt Ltd.
According to RHP/DRHP reports, Shree Ram Twistex Limited posted steady FY25 financials (provisional). Revenue reached ~₹229-231 Cr (+~7% YoY from FY24 ₹214 Cr), PAT improved to ₹7-9 Cr (from ₹3-7 Cr), ROE ~9-10%, ROCE improving via debt reduction, EBITDA margin ~9-11%. Growth supported by cotton yarn capacity utilization (27,744 spindles), stable textile demand, and renewable energy capex plans.
The important risks and strengths of Shree Ram Twistex IPO are mentioned below:
Strengths:
The fully integrated spinning unit (27,744 spindles) makes sure that cotton yarns are made quickly, with quality control, and with flexibility.
A strong network of brokers and repeat customers keep revenue steady in both domestic and export markets.
Strategically located in Rajkot, with land ready for expansion and strong logistics connections.
Consistent revenue growth (about ₹231 Cr in FY25) and higher profits show that the business is strong.
The Bhaveshbhai Ramani group, which has a lot of experience, is in charge of expanding renewable energy in a strategic way.
Risks
High customer concentration risk: depending on a small number of clients makes revenue more vulnerable.
Geographic concentration in Gujarat makes the region more vulnerable to disruptions in power and logistics.
Fluctuations in cotton prices and reliance on suppliers affect input costs and margins.
Product concentration (88%+ of revenue from 3 yarn types) makes it easy for demand to change.
Overreliance on brokers could hurt sales, and strict quality standards could hurt your reputation.
The DRHP filings show that Shree Ram Twistex Limited's finances for FY25 are stable, with revenue of about ₹229–231 Cr (+7% YoY), PAT of ₹7–9 Cr (3–4% margin), RoE of about 9–10%, and a post-issue P/E of 12–15x, which is reasonable compared to yarn peers like Ambika Cotton Mills (P/E 14x) or Nahar Spinning (P/E 16x). The integrated spinning facility has 27,744 spindles and makes compact cotton yarns for knitting and weaving. The addition of renewable energy sources (solar and wind) makes the process more cost-effective.
The Mainboard IPO (1.06 Cr shares at ₹10 FV, 100% new issue) is expected to be The upper band of ₹120–140 trades at about 0.9–1 times sales and 12 times earnings per share (after the issue). For moderate listing gains, capacity utilisation, debt reduction (₹14.89 Cr), and working capital scaling outweigh the risks of cotton price swings and having too many customers.
Investors are advised to exercise discretion and refer to the full DRHP/RHP document before reaching any investment decision. This analysis is for informative purposes and not investment advice.
Action Links:
To apply for Shree Ram Twistex IPO, open a demat account here
Shree Ram Twistex IPO Subscription Status: Check live subscription here
Shree Ram Twistex IPO GMP Update: Check latest grey market premium here
1. What is the Shree Ram Twistex IPO open and close date?
The Shree Ram Twistex Ltd Mainboard IPO opens February 23, 2026 and closes February 25, 2026 (allotment February 26; listing March 2 on BSE/NSE).
Track Shree Ram Twistex IPO subscription status live here from Finnpick.
2. What is the Shree Ram Twistex IPO price band and lot size?
The IPO price band TBA per share (1.06 Cr shares @ ₹10 FV), 100% fresh issue (no OFS) for solar/wind power plants, debt repayment (₹14.89 Cr), working capital (₹44 Cr).
3. What is the Shree Ram Twistex IPO total size?
The Shree Ram Twistex IPO size is ₹46.54-49 Cr total (22.68 lakh shares): 100% fresh issue (no OFS).
4. How to apply for the Shree Ram Twistex IPO?
Open a demat here (Zerodha/Upstox/AngelOne) or ASBA by Feb 18, 4 PM. Monitor Shree Ram Twistex IPO subscription tracker here.
5. How to check Shree Ram Twistex IPO Allotment Status?
The allotment date is on Feb 26th and can be checked on Bigshare Services Pvt Ltd portal RTA portal using PAN/DP ID.
6. What is Shree Ram Twistex IPO GMP today and subscription status?
Current Grey Market Premium (GMP) stands at ₹0 (flat) as of Feb 13, indicating listing at the given price range—check daily updates of Shree Ram Twistex IPO GMP trends here and live subscription status here from Feb 23rd opening only on Finnpick.
7. What does Shree Ram Twistex specialize in?
Shree Ram Twistex Limited specializes in 100% cotton compact ring-spun yarns (combed/carded) via 27,744 spindles at Rajkot facility, serving knitting/weaving for domestic/export textile markets.
8. When is the Shree Ram Twistex IPO listing date?
The Shree Ram Twistex Ltd IPO lists on 26th February, 2026 on NSE SME (~T+2 post-allotment Mar 02).
9. What are the Shree Ram Twistex IPO proceeds utilization details?
The Shree Ram Twistex IPO fresh issue proceeds fund 6.1 MW solar plant (₹22.23 Cr), 4.2 MW wind plant (₹39 Cr), debt reduction, working capital—enhancing energy self-sufficiency for yarn production.
