Shree Ram Twistex IPO Opens February 23: Price Band ₹95–₹105, Issue Size 1.06 Crore Shares

Shree Ram Twistex IPO Opens February 23: Price Band ₹95–₹105, Issue Size 1.06 Crore Shares

The Shree Ram Twistex IPO is set to hit the primary market next week, drawing attention from investors tracking fresh listings in the textile space. Rajkot-based Shree Ram Twistex will open its IPO on February 23, and the offer will remain available for bidding till February 25.

Here’s a clear, structured look at what the Shree Ram Twistex IPO brings to the table — with all the key numbers you need.

Market Performance: IPO Calendar Picks Up Pace

The primary market has been seeing steady activity. The announcement of the Shree Ram Twistex IPO adds another manufacturing-focused company to the mainboard segment.

The listing timeline is already defined:

  • IPO opens: February 23
  • IPO closes: February 25
  • Allotment expected: February 26
  • Tentative listing date: March 2

The stock will list on the stock exchanges after the completion of the allotment process.

Shree Ram Twistex IPO: Price Band and Issue Details

The company has fixed the Shree Ram Twistex IPO price band at ₹95 to ₹105 per share. The face value of each equity share is ₹10.

Here’s the offer structure:

  • Price Band: ₹95–₹105 per share
  • Lot Size: 144 shares
  • Issue Type: Fresh issue only
  • Total Shares Offered: 1.06 crore equity shares
  • Offer for Sale (OFS): None

Since there is no OFS component, the entire IPO consists of a fresh issue. That means the company will receive the complete proceeds from this offer.

This structure often signals that the funds are being raised primarily for business requirements rather than stake dilution.

Utilization of IPO Proceeds

As per the red herring prospectus filed on February 12, the proceeds from the Shree Ram Twistex IPO are planned to be utilized for the following purposes:

  • Repayment of debt
  • Working capital requirements
  • General corporate purposes

These allocations suggest a focus on balance sheet strengthening and operational support.

Company Details: What Shree Ram Twistex Does?

Shree Ram Twistex operates in the textile manufacturing space, focusing on cotton yarn production.

Its core products include:

  • Compact ring spun yarn
  • Carded yarn
  • Combed and carded variants

The company also manufactures value-added yarns such as:

  • Eli Twist (combed and carded)
  • Compact slub yarn
  • Lycra-blended yarn

These yarns are used across knitting and weaving industries.

End-Use Segments

The products cater to multiple sectors, including:

  • Denim
  • Terry towels
  • Shirting and sheeting
  • Sweaters
  • Socks
  • Bottom wear
  • Home textiles
  • Industrial fabrics

This diversified application base allows the company to serve various segments within the textile value chain.

Financial Performance: Revenue and Profit Growth

The financial trajectory of Shree Ram Twistex shows steady growth.

Full-Year Performance (FY25)

  • Revenue: ₹255 crore
  • Previous Revenue: ₹231.6 crore
  • Growth: 10.1% increase
  • Net Profit: ₹8 crore
  • Previous Net Profit: ₹6.55 crore
  • Growth: 22% increase

The company delivered stronger profit growth compared to revenue growth. That gap suggests improved operational performance during the period.

Six Months Ended September 2025

For the first half of FY26:

  • Revenue: ₹132.1 crore
  • Net Profit: ₹7 crore

The half-year performance already accounts for a significant portion of the previous year’s profitability, indicating consistent earnings momentum.

Breaking Down the Growth Numbers

A closer look at the numbers tells a simple story:

  • Revenue moved from ₹231.6 crore to ₹255 crore.
  • Net profit increased from ₹6.55 crore to ₹8 crore.
  • The six-month profit of ₹7 crore is close to the entire FY25 profit level.

While revenue growth stands at 10.1%, profit growth at 22% reflects stronger expansion at the bottom line.

The business remains focused on cotton yarn manufacturing, with value-added products contributing to its offering mix.

IPO Management and Registrar

The Shree Ram Twistex IPO will be managed by:

These entities will oversee the IPO process, from subscription to allotment and listing.

Why the Shree Ram Twistex IPO Is in Focus?

Several aspects of the Shree Ram Twistex IPO stand out:

  • Pure fresh issue structure
  • 1.06 crore shares offered
  • Defined fund usage
  • Revenue at ₹255 crore
  • Net profit growth of 22%
  • Presence in multiple textile application segments

The company’s positioning in the cotton yarn value chain, coupled with its recent financial growth, has placed this IPO on investor watchlists.

Summary: Key Takeaways on Shree Ram Twistex IPO

Let’s quickly recap the essential numbers and details of the Shree Ram Twistex IPO:

  • IPO Dates: February 23 – February 25
  • Price Band: ₹95–₹105
  • Lot Size: 144 shares
  • Issue Size: 1.06 crore shares
  • Type: 100% Fresh Issue
  • Revenue (FY25): ₹255 crore
  • Net Profit (FY25): ₹8 crore
  • H1 FY26 Revenue: ₹132.1 crore
  • H1 FY26 Profit: ₹7 crore
  • Listing Date (Expected): March 2

The Shree Ram Twistex IPO brings a textile manufacturing business to the public market with a clear capital-raising objective and defined financial growth.

As the IPO window opens on February 23, all eyes will now be on subscription numbers and the eventual March 2 listing.

Source: Livemint

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