Shree Ram Twistex IPO is a book-built issue worth ₹110.24 crores. The issue is entirely a fresh issue of 1.06 crore shares aggregating to ₹110.24 crores.
Shree Ram Twistex IPO opens for subscription on February 23, 2026, and closes on February 25, 2026. The allotment is expected to be finalized on February 26, 2026. The IPO will list on BSE and NSE with a tentative listing date fixed as March 2, 2026.
The IPO price band is set at ₹95 to ₹104 per share, with a minimum investment of ₹14,976 for retail investors.
Let us understand the Shree Ram Twistex IPO in detail.
Shree Ram Twistex IPO – Key Details
The following are some of the important and key details about the Shree Ram Twistex IPO.
Particulars
Details
IPO Type
Book Building IPO
IPO Size
₹110.24 Cr
Fresh Issue
₹110.24 Cr
Offer for Sale
Nil
Price Band
₹95 – ₹104
Lot Size
144 Shares
Listing
BSE, NSE
IPO Dates
Feb 23 – Feb 25, 2026
Face Value
₹10 per share
Issue Type
Fresh Capital
Total Issue Size
1,06,00,000 Shares
Shree Ram Twistex IPO Timeline
The following table explains the tentative IPO schedule.
Event
Date
IPO Opens
Feb 23, 2026
IPO Closes
Feb 25, 2026
Allotment
Feb 26, 2026
Refunds
Feb 27, 2026
Credit of Shares
Feb 27, 2026
Listing Date
Mar 2, 2026
Shree Ram Twistex IPO Lot Size & Investment
The following table shows the minimum and maximum investment required.
Category
Shares
Amount
Retail (Min)
144
₹14,976
Retail (Max)
1,872
₹1,94,688
sHNI (Min)
2,016
₹2,09,664
sHNI (Max)
9,504
₹9,88,416
bHNI (Min)
9,648
₹10,03,392
About Shree Ram Twistex Ltd. Business Operations
Shree Ram Twistex Ltd. manufactures cotton yarns, including Compact Ring Spun and Carded Yarns, both Combed and Carded.
These yarns are used in knitting and weaving across multiple end-use applications such as:
Denim
Terry towels
Shirting & sheeting
Sweaters & socks
Bottom wear
Home textiles
Industrial fabrics
The company also offers value-added yarns such as:
Eli Twist (Combed & Carded)
Compact Slub Yarns
Lycra-Blended Yarns
The business operates on a B2B model, supplying textile manufacturers, garment exporters, bulk purchasers, and fabric processors.
Its domestic presence spans Gujarat, Rajasthan, West Bengal, Maharashtra, Tamil Nadu, Madhya Pradesh, Punjab, and Dadra & Nagar Haveli, along with international exports.
Manufacturing Facility & Infrastructure
Manufacturing facility located in Gondal, Rajkot, Gujarat
17 Compact Ring-Spinning Machines
Total spindle count of 27,744
Five warehouses:
2 Raw material storage
2 Finished goods storage
1 General storage
Combined storage capacity of 9,855 MT
Competitive Strengths of Shree Ram Twistex
The following are the key strengths of the company:
Fully integrated spinning infrastructure with modern technologies
Long-standing relationships with key customers
Strategically located manufacturing facility with storage capacity
Track record of healthy growth
Experienced promoters and management team
Shree Ram Twistex – Financial Performance
The following table shows restated financials.
Period Ended
Total Income (₹ Crore)
PAT (₹ Crore)
EBITDA (₹ Crore)
Mar 2023
213.58
2.05
17.4
Mar 2024
232
6.55
20.19
Mar 2025
256
8
21.85
Sep 2025
132
7
17.04
Key Insight:
The company has shown steady revenue growth with improving profitability over recent periods.
Key Performance Indicators (KPI)
Metric
Sep 30, 2025
Mar 31, 2025
ROCE
10.74%
13.37%
Debt / Equity
1
0.84
RoNW
9.05%
11.36%
PAT Margin
5.30%
3.14%
EBITDA Margin
12.90%
8.57%
Price to Book Value
—
4.13
Objects of the Issue
The following explains how IPO proceeds will be used.
Purpose
Amount (₹ Cr)
Solar Power Plant (6.1 MW)
7.85
Wind Power Plant (4.2 MW)
39
Repayment / Prepayment of Borrowings
14.89
Working Capital Requirements
44
General Corporate Purposes
Balance
Fresh capital will be utilized towards renewable energy setup, debt repayment, and working capital needs.
Valuation Snapshot
Particulars
Pre IPO
Post IPO
EPS (₹)
2.72
3.5
P/E (x)
38
29.69
Market Capitalisation: ₹415.74 Cr
Promoters of Shree Ram Twistex Ltd.
The promoters of the company are:
Bhaveshbhai Bhikhumbhai Ramani
Jay Atulbhai Tilala
Nidhi Bhaveshbhai Kothari
IPO Reservation
Investor Category
Shares Offered
QIB
Not less than 75%
Retail
Not more than 10%
NII
Not more than 15%
Risks to Consider
Investors should be aware of the following risks:
Exposure to textile industry demand cycles
Dependence on yarn price fluctuations
Working capital intensive operations
Competitive spinning industry landscape
Summary
Shree Ram Twistex Ltd. operates in the cotton yarn manufacturing segment, supplying a wide range of yarn products to textile and garment manufacturers under a B2B model. The company has integrated spinning infrastructure, diversified yarn offerings, and a presence across multiple Indian textile hubs along with exports. IPO proceeds are primarily directed toward renewable energy capacity, debt repayment, and working capital requirements, supporting operational efficiency and cost optimization.
Also, we have a dedicated article on upcoming IPOs in february 2026, wherein you can check all the IPOs that were launched in february 2026.
Disclaimer
This content is for informational and educational purposes only and does not constitute investment advice. Readers should conduct their own research and consult qualified professionals before investing. The IPO is expected to list on March 2, 2026, on BSE and NSE.
Frequently Asked Questions
What is the Shree Ram Twistex IPO?
Shree Ram Twistex IPO is a main-board IPO of 1,06,00,000 equity shares aggregating up to ₹110 crores, priced at ₹95–₹104 per share.
When does the Shree Ram Twistex IPO open?
The IPO opens on February 23, 2026, and closes on February 25, 2026.
What is the lot size of Shree Ram Twistex IPO?
The minimum lot size is 144 shares.
When is the allotment date?
The allotment is expected to be finalized on February 26, 2026.
When is the listing date?
The tentative listing date is March 2, 2026.
Who are the promoters of the company?
Bhaveshbhai Bhikhumbhai Ramani, Jay Atulbhai Tilala, and Nidhi Bhaveshbhai Kothari are the promoters.
What does Shree Ram Twistex Ltd. do?
The company manufactures cotton yarns and value-added yarn products used in textile and garment manufacturing.
Author: Diwakar Singh
Diwakar Kumar Singh is a BFSI specialist and finance writer with over 7 years of hands-on experience in financial research, content creation, and analysis.
A Gold Medalist in MBA (Marketing) from IMT, he combines deep analytical skills with practical insights gained from evaluating companies, IPOs, unlisted shares, financial ratios, and investment opportunities. Diwakar has personally analysed hundreds of financial instruments and market scenarios, which he uses to break down complex topics into clear, actionable advice.
He has authored numerous in-depth finance articles, published multiple books internationally, and contributed to research publications. His work focuses on helping everyday investors and readers make better-informed financial decisions through well-researched, evidence-based explanations that are always grounded in real-world application rather than theory alone.