Shree Ram Twistex IPO Launch and Listing
Analysis based on 17 articles · First reported Feb 17, 2026 · Last updated Feb 23, 2026
The IPO of Shree Ram Twistex is expected to have a modest positive impact on the market, with shares likely to list at a slight premium. The company's plans to invest in renewable energy for captive use could set a positive precedent for other textile manufacturers, potentially influencing broader industry trends towards sustainability and cost efficiency.
Shree Ram Twistex, a cotton yarn manufacturer, is launching its Initial Public Offering (IPO) from February 23 to February 25, 2026, aiming to raise ₹110.24 crore through a fresh issue of 1.06 crore shares. The IPO is priced between ₹95 and ₹104 per share, with an expected listing on Bombay Stock Exchange and National Stock Exchange of India on March 2, 2026. The company intends to use the proceeds to establish 6.1 MW solar and 4.2 MW wind power plants for captive use, repay certain borrowings, and fund working capital requirements. Market sentiment, as indicated by the grey market premium, suggests a modest listing gain of around 6%. The issue is structured with 75% for qualified institutional buyers, 15% for non-institutional investors, and 10% for retail investors. Shree Ram Twistex manufactures various cotton yarns for B2B clients across multiple states in India and for export, operating a facility in Gondal, Rajkot, Gujarat. The company has shown consistent revenue and profit growth, with improved EBITDA and PAT margins in recent fiscal years.
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