Shree Ram Twistex Business Profile

Shree Ram Twistex manufactures cotton yarns, including Compact Ring Spun and Carded Yarns, both Combed and Carded. The yarns are used in both knitting and weaving for various products, such as denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics.

IPO Timeline & Key Details :-

Event	Date ​
Open	February 23, 2026
Close	February 25, 2026
Allotment	February 26, 2026
Refunds/Demat	February 27, 2026
Listing	March 2, 2026 (BSE/NSE)
Face value	Rs 10 per share
Price Band	Rs 95 to Rs 104
Sale Type	Fresh Capital
Issue Size	Rs 110 crore
Market Cap(Pre Ipo)	Rs. 415.74 crore

 

Objective Of the IPO :-

Purpose	Amount (₹ Cr)
6.1 MW Solar Plant (captive)	7.85–22.23
4.2 MW Wind Plant (captive)	39.00
Debt repayment	14.89
Working capital	44.00
General purposes	Balance

 

IPO Subscription Status

The Shree Ram Twistex IPO is subscribed 43.66 times on February 25, 2026 6:54:47 PM (Day 3). The public issue subscribed 76.63 times in the retail category, 3.94 times in the QIB category, and 220.30 times in the NII category. 

IPO Reservation

Shree Ram Twistex IPO offers total 1,06,00,000 shares. Out of which 79,50,000 (75.00%) allocated to QIB, 15,90,000 (15.00%) allocated to NII 10,60,000 (10.00%) allocated to RII.

IPO Lot Size

Investors can bid for a minimum of 144 shares and in multiples thereof. 

Financial Snapshot

Recent borrowings ₹51-68 Cr indicate capex funding needs. Detailed FY25 revenue/PAT await RHP; focuses on sustainable manufacturing via renewables.

Period Ended	30 Sep 2025	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	217.44	194.20	154.30	135.71
Total Income	132.27	256.32	231.72	213.58
Profit After Tax	7.00	8.00	6.55	2.05
EBITDA	17.04	21.85	20.19	17.40
NET Worth	80.70	74.03	66.80	61.11
Reserves and Surplus	51.33	44.66	37.42	49.36
Total Borrowing	60.70	62.48	67.04	55.70
Amount in ₹ Crore

Strengths

• Captive green energy reduces long‑term power costs. ​
• 27,744 spindles capacity in compact ring spinning.
• Debt reduction strengthens balance sheet.
• ₹44 Cr working capital supports scaling.
• Gujarat textile hub location advantage.
• Pure fresh issue (no OFS dilution).

Risks

• Cotton price volatility impacts margins.
• Execution risk in 10.3 MW renewable projects. ​
• Textile sector cyclicality.
• Competition from Ambika, Damodar, Rajapalayam Mills.
• High borrowings ₹51-68 Cr pre‑IPO.
• Dates/price band pending final confirmation.

FAQs

Q1. What does Shree Ram Twistex manufacture?
100% cotton compact ring‑spun combed & carded yarns for knitting/weaving (27,744 spindles)

Q2. What are the IPO dates?
Opens Feb 23, closes Feb 25, 2026; lists March 2.

Q3. What is the issue structure?
100% fresh issue of 1.06 Cr shares (FV ₹10).

Q4. How will proceeds be used?
Solar/wind plants (₹46.85 Cr), debt repayment (₹14.89 Cr), working capital (₹44 Cr).

Q5. Where is the manufacturing facility?
Rajkot, Gujarat with 17 compact ring spinning machines.

Q6. Who is the lead manager?
Interactive Financial Services Ltd; Registrar: Bigshare Services.

Q7. When was DRHP filed?
June 27, 2025; dates confirmed recently.