The ₹110.24 crore Shree Ram Twistex IPO is set to open for subscription on February 23, 2026, and close on February 25, 2026. With steady financial growth, renewable energy capex plans, and reasonable valuation metrics, this textile IPO is attracting attention from retail and institutional investors alike.

In this detailed IPO Ji review, we cover:

• IPO dates & price band
• GMP today & listing expectations
• Financial performance analysis
• Valuation vs textile peers
• Strengths & risks
• Should you apply?

Shree Ram Twistex IPO – Key Highlights

• IPO Size: ₹110.24 crore
• Issue Type: 100% Fresh Issue (No OFS)
• Shares Offered: 1.06 crore equity shares
• Face Value: ₹10 per share
• Price Band: ₹95 to ₹104 per share
• Lot Size: 144 shares
• Listing: BSE & NSE
• Pre-IPO Market Cap: ₹415.74 crore

The IPO is being managed by

• Interactive Financial Services Ltd. (Book Running Lead Manager)
• Bigshare Services Pvt. Ltd. (Registrar)

Shree Ram Twistex IPO Dates

IPO Structure: Pure Fresh Issue

The IPO is entirely a fresh issue, meaning:

✔ Company retains entire ₹110 crore

✔ No promoter stake sale

✔ Funds used for expansion & efficiency

This signals growth orientation rather than investor exit.

Shree Ram Twistex IPO Lot Size & Investment

IPO Reservation Structure:

• QIB: Minimum 75%
• Retail: Maximum 10%
• NII: Maximum 15%

Low retail quota may increase competition in retail category.

Shree Ram Twistex IPO GMP Today

Current Grey Market Premium (GMP): Visit IPO Ji for educational purpose

⚠ GMP changes daily and should not be the only factor for investment decisions.

About the Company

Shree Ram Twistex Ltd. is a Gujarat-based textile manufacturing company engaged in the production of cotton yarns, including compact ring spun, combed, carded, slub, Eli Twist, and Lycra-blended yarns used in knitting and weaving applications such as denim, terry towels, shirting, home textiles, and industrial fabrics. Operating on a B2B model, the company supplies to textile manufacturers and exporters across multiple Indian states and international markets. With its integrated spinning facility in Gondal, Rajkot, equipped with 27,744 spindles and modern machinery, Shree Ram Twistex focuses on quality production, operational efficiency, and cost optimization, including planned investments in captive solar and wind power to strengthen long-term margins and competitiveness.

Shree Ram Twistex Ltd. is engaged in the manufacturing of cotton yarn including:

• Compact Ring Spun Yarn
• Combed & Carded Yarn
• Eli Twist Yarn
• Compact Slub Yarn
• Lycra Blended Yarn

End-Use Applications:

• Denim
• Terry Towels
• Shirting & Sheeting
• Sweaters & Socks
• Home Textiles
• Industrial Fabrics

The company follows a B2B model, supplying textile manufacturers and exporters across multiple Indian states and international markets.

Manufacturing & Infrastructure Strength

• Location: Gondal, Rajkot, Gujarat
• 17 compact ring spinning machines
• Total spindle capacity: 27,744
• 5 warehouses
• Total storage capacity: 9,855 MT

Strategic Gujarat location provides access to cotton supply chains and textile clusters.

IPO Objectives – Where Will ₹110 Cr Go?

Financial Performance Analysis (₹ Crore)

Growth Trends

✔ Revenue growth: 10% YoY

✔ PAT growth: 22% YoY

✔ Improving ROE (11.36%)

✔ Debt/Equity improved to 0.84

For 6 months ending Sept 2025:

• Revenue: ₹132 crore
• PAT: ₹7 crore

Key Ratios & Valuation

Competitive Strengths

✔ Integrated spinning setup

✔ Renewable energy integration plan

✔ Improving financial metrics

✔ Stable promoter background

✔ B2B diversified customer base

Risks to Consider

⚠ Cotton price volatility

⚠ Cyclical textile demand

⚠ Export dependency risks

⚠ Thin net margins (~3%)

⚠ Small retail quota (10%)

Shree Ram Twistex IPO presents a steady textile manufacturing business with improving profitability and strategic renewable energy investments. While margins are thin and the sector is cyclical, valuation appears reasonable compared to industry peers.

Investors should evaluate risk tolerance and sector outlook before applying.

Shree Ram Twistex IPO – Frequently Asked Questions (FAQs)

What does Shree Ram Twistex Ltd. do?

Shree Ram Twistex Ltd. is engaged in the manufacturing of cotton yarn, including compact ring spun, combed, carded, slub, Eli Twist, and Lycra-blended yarns. These yarns are used in products like denim, towels, shirting, home textiles, and industrial fabrics.

What is the size of the Shree Ram Twistex IPO?

The IPO size is ₹110.24 crore and consists entirely of a fresh issue of 1.06 crore shares.

What is the price band of the IPO?

The price band is ₹95 to ₹104 per share.

What is the lot size of Shree Ram Twistex IPO?

The minimum lot size is 144 shares, requiring an investment of ₹14,976 at the upper price band.

When will the IPO open and close?

• IPO Opens: February 23, 2026
• IPO Closes: February 25, 2026
• Tentative Listing Date: March 2, 2026

What will the IPO proceeds be used for?

The company plans to use the funds for:

• Setting up 6.1 MW Solar Power Plant
• Setting up 4.2 MW Wind Power Plant
• Debt repayment
• Working capital requirements
• General corporate purposes

What is the GMP of Shree Ram Twistex IPO?

Currently, the Grey Market Premium (GMP) is Shree Ram Twistex GMP, indicating neutral listing expectations. GMP may change daily.

Is Shree Ram Twistex profitable?

Yes. The company reported a profit of ₹8 crore in FY25, reflecting steady growth compared to previous years.

What are the strengths of the company?

• Integrated spinning infrastructure
• Strong B2B client base
• Strategic Gujarat location
• Renewable energy integration plans
• Improving financial performance

What are the key risks?

• Cyclical textile industry
• Cotton price volatility
• Thin profit margins
• Export market dependency