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IPO ·

BSE, NSE

Shree Ram Twistex Ltd

Listed

Shree Ram Twistex manufactures cotton yarns, including Compact Ring Spun and Carded Yarns, both Combed and Carded .

Issue details

Price band

₹95 – ₹104

Face value

₹10

Lot size

144 shares

Minimum investment

₹14,976

Issue size

₹110.24 Cr

Fresh issue

₹110.24 Cr

Offer for sale

—

Issue type

Book Built

Exchange

BSE, NSE

Key dates

Opens

23 Feb 2026

Closes

25 Feb 2026

UPI mandate cut-off

5:00 PM on 25 Feb 2026

Allotment

26 Feb 2026

Refunds

27 Feb 2026

Shares in demat

27 Feb 2026

Listing

2 Mar 2026

Subscription and listing

Subscription

41.29x

Listing price

₹68

Registrar

Bigshare Services Pvt Ltd

Lead manager

Interactive Financial Services

Subscription by category

Total

41.29x

Total applications

5,33,537

Listing day

Issue price

₹104

Open

₹68.00

High

₹71.40

Low

₹66.00

Day close

₹71.40

Listing gain at open

-34.62%

Issue structure

Shares reserved per category and share of the total issue

QIB Shares Offered

79,50,000

75.00%

NII Shares Offered

15,90,000

15.00%

bNII > ₹10L

10,60,000

10.00%

sNII < ₹10L

5,30,000

5.00%

Retail Shares Offered

10,60,000

10.00%

Total Shares Offered

1,06,00,000

100.00%

Finaccle’s quick read

Neutral

FY25 income up 11%, PAT up 22%, D/E 0.75, post-issue P/E 29.69x.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

About the company

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. It also offers value-added yarns, like Eli Twist (Combed and Carded), Compact Slub Yarns, and Lycra-Blended Yarns. The company operates on business-to-business (B2B) model - supplying products to textile manufacturers, garment exporters, bulk purchasers and fabric processors.

Promoters

Bhaveshbhai Bhikhumbhai Ramani,

Bhaveshbhai Bhikhumbhai Ramani,

Promoter holding

47.07% pre-issue; 34.59% post-issue

47.07% pre-issue; 34.59% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

Sep 2025

Sep 2025

132.27

132.27

17.04

7.00

7.00

80.70

60.70

60.70

217.44

FY25

FY25

256.32

256.32

21.85

8.00

8.00

74.03

62.48

62.48

194.20

FY24

FY24

231.72

231.72

20.19

6.55

6.55

66.80

67.04

67.04

154.30

FY23

FY23

213.58

213.58

17.40

2.05

2.05

61.11

55.70

55.70

135.71

ROE

—

ROCE

10.74%

Debt / equity

0.75

PAT margin

5.30%

P/E post issue

29.69

Market cap

₹415.74 Cr

Use of IPO money

Funding for setting up of 6.1 MW Solar Power Plant for captive use

₹7.35 Cr

Funding for setting up of 4.2 MW Wind Power Plant for captive use

₹39.00 Cr

Repayment and/or pre-payment, in full or part, of certain borrowings availed by Company

₹14.89 Cr

Funding the working capital requirements of the Company

₹44.00 Cr

Issue Expenses

₹5.00 Cr

Strengths

✓

PAT up 22% in FY25 to ₹8.00 Cr

✓

Moderate leverage: debt to equity 0.75

Risks to watch

!

Modest PAT margin of 5.30%

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.