Categories: Business

Shree Ram Twistex IPO Hits Final Day: Strong GMP And Robust Investor Response

Shree Ram Twistex IPO concludes strong, targeting ₹110.24 crore. High GMP, robust subscription, and strategic use of funds for renewable energy and expansion reflect investor confidence in India’s textile growth story.

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by Aishwarya Samant
Last updated: February 25, 2026 13:05:00 IST

Shree Ram Twistex IPO Day 3: Overview

The IPO of Shree Ram Twistex will conclude its final day of bidding on Wednesday, February 25, 2026. The company has set its target at ₹110.24 crore for the event. After two days, the issue was already 75% subscribed, showing strong investor interest in the offering.

The IPO offers a fresh issue of 1.06 crore equity shares, with funds earmarked for exciting initiatives: a 6.1 MW solar plant and a 4.2 MW wind power plant for captive use, repayment of certain borrowings, meeting working capital needs, and general corporate purposes.

The price band is set at ₹95–₹104 per share, with a minimum lot size of 144 shares. The allotment will occur on February 26, 2026, and shares are expected to start trading on BSE and NSE on March 2.

The IPO will operate under Book Running Lead Manager Interactive Financial Services, while Bigshare Services will function as the registrar. Are you ready to catch the final wave?

Shree Ram Twistex IPO GMP Buzz

The Shree Ram Twistex IPO GMP soared to ₹13.5 per share, pushing trading levels to ₹117.5- a 12.98% premium over the ₹104 offer price. This marks the highest grey market premium recorded for the IPO, reflecting strong investor enthusiasm and bullish sentiment ahead of listing.

Shree Ram Twistex IPO: Subscription And Fund Details At A Glance

Category Details / Figures
IPO Size Fresh issue of 1.06 crore equity shares
Fund Usage 6.1 MW solar & 4.2 MW wind power plants for captive use; repayment of borrowings; working capital requirements; general corporate purposes
Price Band ₹95 to ₹104 per share
Minimum Lot Size 144 shares
Allotment Date February 26, 2026
Listing Date Proposed March 2, 2026 on BSE & NSE
Lead Manager Interactive Financial Services
Registrar Bigshare Services
Subscription Status (Final Day, 12:21 PM) QIB: 8%; NII: 51.95x; Retail: 23.58x
Earlier Subscription (Retail/NII/QIB) Retail: 3.46x; NII: 2.70x; QIB: No bids
Final Day Performance NII: 6.86x; Retail: 5.57x; QIB: No bids

Shree Ram Twistex: Spinning Cotton Into Opportunity

Shree Ram Twistex, founded in Gujarat on December 31, 2013, and is weaving a remarkable story in India’s textile sector. The company produces cotton yarns through its compact ring-spun, carded, and combed yarns, as well as value-added types including Eli Twist, compact slub, and Lycra-blended yarns. It serves various knitting and weaving needs, including denim, terry towels, shirting, home textiles, and industrial fabrics.

This company maintains B2B operations to provide services to institutional buyers and garment exporters, creating reliable customer demand. With its diverse product range and strong market presence, Shree Ram Twistex generates tangible business growth for investors and stakeholders.

(With Inputs From Upstox)

Recent Posts

Healing Pharma Strengthens Its Lifesaving Mission with Another CSR Ambulance Donation in Mumbai

Mumbai (Maharashtra) [India], February 25: Reinforcing its commitment to saving lives beyond medicines, Healing Pharma…

February 25, 2026

IIM Lucknow Launches Empower: Leadership Programme for Women Professionals to Shape Future-Ready Leaders

Ten-month executive education programme strengthens strategic readiness, executive presence & C-suite leadership pathways for women…

February 25, 2026