Shree Ram Twistex Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹95 - ₹104
- Lot size
- 144 shares
- Issue amount
- ₹110.24 cr
- Total subscription
- 43.66×
- Opens
- 23 Feb 2026
- Closes
- 25 Feb 2026
- Allotment
- 26 Feb 2026
- Listing
- 2 Mar 2026
Offer at a glance
Issue overview
- Issue size
- 1,06,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹13,680
- Fresh issue
- ₹110.24 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,976
- Issue type
- Bookbuilding IPO
- Shares before issue
- 2,93,75,000
- Shares after issue
- 3,99,75,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 144 | ₹14,976 |
| sHNI | 14 | 2,016 | ₹2,09,664 |
| bHNI | 67 | 9,648 | ₹10,03,392 |
Share reservation
Subscription & GMP
Subscription by category
Reported 25 Feb 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 7,361 | 4,87,025 |
| HNIs(10L +) | 526 | 26,312 |
| HNIs (2-10L) | 263 | 46,156 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 82.68 | 325.96 |
| FIIs | 0 | 140.31 |
| FIs | 0 | 0.61 |
| Mutual Funds | 0 | 0.14 |
| Others | 0 | 184.9 |
| RETAIL | 11.02 | 844.79 |
| HNIs 2+ | 5.51 | 986.63 |
| HNIs 10+ | 11.02 | 2,656.17 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| EPS | 2.38 | 2.72 | 2.23 | 0.7 |
| ROE | 0 | 0 | 0 | 0 |
| ROCE | 10.74 | 13.37 | 12.5 | 8.61 |
| RONW | 9.05 | 11.36 | 10.25 | 3.57 |
| PRE IPO(PE) | 0 | 38.21 | 0 | 0 |
| POST IPO(PE) | 29.69 | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Ambika Cotton Mills Limited | 11.37 | 1305.10 | 10.00 | 1539.69 | 7.46 | 114.83 |
| Shree Ram Twistex Limited | 38.21 | 104.00 | 10.00 | 23.97 | 10.80 | 2.72 |
| Damodar Industries Limited | 14.09 | 32.70 | 5.00 | 56.62 | -0.05 | 2.32 |
| Rajapalayam Mills Limited | -15.23 | 829.7 | 10.00 | 495.33 | -12.00 | -54.45 |
Company information
Company profile
Shree Ram Twistex is a cotton yarn manufacturing company specializing in Compact Ring Spun Yarns and Carded Yarns (both combed and carded variants) used for knitting and weaving applications. Its products are supplied to textile manufacturers and garment exporters for making denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. The company also produces value-added yarns such as Eli Twist, Compact Slub Yarns, and Lycra-blended yarns to serve higher-margin segments. Operating on a B2B model, it supplies customers across several Indian states including Gujarat, Rajasthan, West Bengal, Maharashtra, Tamil Nadu, Madhya Pradesh, Punjab, and Dadra & Nagar Haveli, along with catering to export markets. Its manufacturing facility is located in Gondal, Rajkot, Gujarat, equipped with 17 compact ring-spinning machines and 27,744 spindles, and supported by five warehouses with a total storage capacity of 9,855 MT to ensure smooth raw material and finished goods management.
Strengths
- Integrated Spinning Infrastructure: Modern compact ring-spinning setup ensures efficient and high-quality production.
- Strong Customer Relationships: Long-term clients support repeat orders and stable demand.
- Strategic Manufacturing Location: Well-located facility with strong storage and logistics support.
Risk factors
- Customer Concentration Risk: Heavy reliance on a few customers may impact revenue stability.
- Geographical Concentration Risk: Significant exposure to Gujarat increases regional risk.
- Raw Material Dependency: Dependence on cotton bales makes operations sensitive to supply disruptions and price fluctuations.
Promoters
Bhaveshbhai Bhikhumbhai Ramani
Jay Atulbhai Tilala
Nidhi Bhaveshbhai Kothari
Registrar & documents
Lead manager
Interactive Financial Services Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
566P1, Umwada Road Near Bajrang Cotspin, Gondal, Rajkot, Gujarat, 360311
+91 75100 12200
[email protected]Company website ↗Understanding SRTL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.