Shree Ram Twistex IPO

Shree Ram Twistex IPO is a book-building IPO of 1.06 crore shares, which is entirely a fresh issue of shares. This IPO price band is set at ₹95 to ₹104 and the lot size for an application is 144 Shares. The IPO will be open for subscription from 23 to 25 Feb, 2026 on the BSE and NSE platforms with a tentative listing date as Mon, Mar 2, 2026.

Company Background

Shree Ram Twistex Ltd. was established in 2013 and set up in the textile hub of Gujarat. The company is a leading B2B manufacturer of high-quality compact ring-spun and carded yarns. With the help of an advanced facility in Gondal, equipped with 27,744 spindles, the company caters to various industries such as denim, home textiles, and industrial fabrics in eight states of India and abroad. With a strong infrastructure setup of 9,855 MT storage capacity and a specialized range of value-added yarns such as Eli Twist, the company makes use of experienced management to achieve steady growth in the industrial sector.

Operations & Product Range

Facility & Production

Shree Ram Twistex Ltd. has an advanced manufacturing facility at Gondal, Rajkot (Gujarat), measuring around 29,947 square meters. The unit is equipped with 17 compact ring-spinning machines and 27,744 spindles, producing 100% cotton yarn (Ne 8 to Ne 40). The unit has five separate warehouses with a huge storage capacity of 9,855 MT.

Brand & Market presence

Shree Ram Twistex Ltd. is a major B2B player in the business of high-quality compact ring-spun and carded yarns. The company has a strong presence in 8 Indian states, including Tamil Nadu and West Bengal, and also exports to international markets through merchant exporters. Their yarns are a critical component in the production of high-end denim, home textiles, and shirting.

Revenue Channels

• Domestic direct sales by supplying large-scale textile manufacturers and fabric processors across India.
• Broker/Agent Network to secure high-volume institutional orders.
• Generating international revenue by selling through specialized exporters to global apparel markets.
• High-margin revenue from specialized products like Lycra-blended and Eli Twist yarns.

Management & shareholding

Promoter & Shareholding

Shree Ram Twistex Ltd. is led by the core promoters, Mr. Bhaveshbhai Bhikhubhai Ramani and Mr. Atulbhai Govindbhai Tilala, along with the Kothari and Hirani families. Before the IPO, the promoters had a substantial majority of the total 29,375,000 equity shares. After the IPO, the shareholding will be diluted to include public investors and institutional QIBs.

Board Members

The board of Shree Ram Twistex Ltd. is headed by Bhaveshbhai Bhikhubhai Ramani (Chairman & Managing Director) and Jay Atulbhai Tilala (Executive Director). The governance framework also comprises Rameshchandra M. Hirani as a Non-Executive Director, assisted by Independent Directors Amita Pragada, Bhuvnesh Kumar, and Chirag Patel.