Shree Ram Twistex IPO Details
| Detail | Description |
|---|---|
| IPO Date | 23 to 25 Feb, 2026 |
| Listing Date | - |
| Face Value | ₹ 10 per Equity Share |
| Issue Price Band | ₹ 95 to ₹ 104 |
| Lot Size | 144 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 1,06,00,000 shares (agg. up to ₹ 110 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 2,93,75,000 shares |
| Share Holding Post Issue | 3,99,75,000 shares |
About 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.
IPO Objectives
- • Funding the setup of a new solar plant and a wind power plant for captive use
- • Repayment of debt (in part or in full)
- • Funding the working capital requirement
- • General corporate purposes
Conclusion
Shree Ram Twistex IPO is an opportunity for investors to invest in a growing manufacturing company that has a consistently growing profit structure. Over a decade of presence in the market made their position more secure and strong. This IPO will help the company in setting up its solar power plant and wind power plant for captive use, and the debt will be repaid by these proceeds that will help them in strengthening their balance sheet.
Shree Ram Twistex IPO Financial Information
Latest Revenue
132.27
₹ Crore
Profit After Tax
7.00
₹ Crore
Net Worth
80.70
₹ Crore
Total Borrowing
60.70
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 2025 | 217.44 | 132.27 | 7.00 | 80.70 | 51.33 | 60.70 |
| 31 Mar 2025 | 194.20 | 256.32 | 8.00 | 74.03 | 44.66 | 62.48 |
| 31 Mar 2024 | 154.30 | 231.72 | 6.55 | 66.80 | 37.42 | 67.04 |
| 31 Mar 2023 | 135.71 | 213.58 | 2.05 | 61.11 | 49.36 | 55.70 |
| Amount in ₹ Crore | ||||||
Shree Ram Twistex Key Performance Indicator
| KPI | Values(30 Sept 2025) |
|---|---|
| ROCE | 10.74% |
| Debt/Equity | 0.75x |
| RoNW | 9.05% |
| PAT Margin | 5.30% |
| EBITDA Margin | 12.90% |
| Price to Book Value | - |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 2.72 | 3.50 |
| P/E (x) | 38.21 | 29.69 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹104.00 | ₹104.00 |
| Open | ₹70.00 | ₹68.00 |
| Low | ₹67.00 | ₹66.00 |
| High | ₹73.45 | ₹71.40 |
| Last Trade | ₹73.45 | ₹71.40 |
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Competitive Strengths
Experienced promoters and a management team
Strategic location and manufacturing units
Consistent growth record with strong market presence
Download regulatory filings
Shree Ram Twistex IPO Timeline
| IPO Open Date | Mon, Feb 23, 2026 |
| IPO Close Date | Wed, Feb 25, 2026 |
| Tentative Allotment | Thu, Feb 26, 2026 |
| Initiation of Refunds | Fri, Feb 27, 2026 |
| Credit of Shares to Demat | Fri, Feb 27, 2026 |
| Tentative Listing Date | Mon, Mar 2, 2026 |
| Cut-off time for UPI mandate confirmation | - |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | 144 | 14,976 |
| Individual investors (Retail) (Max) | 13 | 1,872 | 1,94,688 |
| S-HNI (Min) | 14 | 1,872 | 2,09,664 |
| S-HNI (Max) | 66 | 1,872 | 9,88,416 |
| B-HNI (Min) | 67 | 1,872 | 10,03,392 |