Shree Ram Twistex share price listed at ₹68 on the NSE, down 34.62%, or ₹36, from the offer price. At the same time, on BSE, Shree Ram Twistex share price debuted at a 32.69% discount at ₹70.

Shree Ram Twistex share price makes disappointing Dalal Street debut, lists at massive 35% discount to IPO price

Disappointing Debut: Shree Ram Twistex IPO Listing Falls Short

Shree Ram Twistex made a lackluster entry into the Indian stock market on Monday, March 2, as its shares listed at a significant 35% discount to the initial public offering (IPO) price of ₹104.

Listing Details:

NSE Listing Price: ₹68 (down 34.62% from the offer price)
Discount: ₹36
BSE Listing Price: ₹70 (with a 32.69% discount)
Discount: ₹34 (from the offer price)

The weak debut coincided with a significant market downturn in India, following the US-Iran conflict and a spike in crude oil prices. The BSE Sensex plummeted by as much as 2700 points at the open, while the Nifty 50 dropped to below 24,650 levels.