The Shree Ram Twistex IPO is slowly gaining momentum. On Day 2, the issue was subscribed 35%, signaling steady participation from investors. While the overall numbers may look moderate at first glance, retail investors have stepped in with confidence, giving the issue an early push.
Let’s break down how the Shree Ram Twistex IPO is shaping up so far.
Market Performance: Shree Ram Twistex IPO Subscription Status
As per stock exchange data available till 1 p.m. on Day 2:
- Total subscription: 35%
- Total bids received: 37.61 lakh shares
- Total shares on offer: 1.06 crore shares
The numbers suggest that investors are evaluating the offer carefully. There is participation, but it’s measured. No rush. No frenzy. Just steady flow.
In the broader primary market space, selective interest is visible. Investors appear to be focusing on categories where value feels stronger.
Retail and NII Investors Lead the Shree Ram Twistex IPO
One clear highlight of the Shree Ram Twistex IPO subscription status is the response from retail investors.
- Retail Individual Investors (RII): Subscribed 2.23 times
- Non-Institutional Investors (NII): 86% subscription
Retail participation crossing 2 times subscription shows strong appetite from small investors. It indicates that individual investors are willing to put money on the table.
The NII category has also shown decent traction with 86% subscription so far. That’s close to full coverage and suggests that high-net-worth individuals are actively tracking the issue.
Institutional participation details were not part of the current data snapshot.
Shree Ram Twistex IPO Issue Size and Price Band
The Shree Ram Twistex IPO is aiming to raise Rs 110 crore through this public issue.
Here are the key financial details:
- Issue size: Rs 110 crore
- Price band: Rs 95 to Rs 104 per share
- IPO closing date: February 25
The pricing has been set in the mid-to-lower range typically seen in SME and mid-sized offerings. The final response will now depend on participation in the remaining days.
With two days already in, all eyes are on whether subscription momentum accelerates closer to closing.
Company Details: What Investors Know So Far?
The IPO is structured to mobilize fresh capital of Rs 110 crore. While subscription trends give early signals, the real picture will emerge only after full book closure.
So far, the data tells us one story clearly — retail investors are not sitting on the sidelines. They are engaging actively in the Shree Ram Twistex IPO.
The participation mix indicates:
- Strong retail dominance
- NII participation nearing full subscription
- Overall book covered at over one-third by Day 2
This pattern often suggests that smaller investors are comfortable entering early, while larger pools of capital may step in gradually.
Subscription Trend: Reading Between the Numbers
When an IPO is subscribed 35% by the second day, it reflects cautious but positive sentiment. It’s not an oversubscription frenzy. But it’s also not weak.
The fact that the retail portion alone has crossed 2.23 times subscription shows focused demand. Retail investors seem more aggressive than other categories at this stage.
Total demand of 37.61 lakh shares against 1.06 crore shares available gives a clear quantitative picture of current positioning.
With February 25 as the closing date, the final two days will determine whether the Shree Ram Twistex IPO subscription closes fully subscribed or moves into oversubscription territory.
Why Retail Participation Matters?
In many IPOs, retail sentiment provides early signals. When individual investors subscribe multiple times in the early phase, it often reflects confidence in pricing and perceived value.
In this case:
- Retail portion: 2.23x
- NII portion: 86%
- Overall book: 35%
This mixed trend highlights selective strength rather than across-the-board rush.
Summary: Where Shree Ram Twistex IPO Stands Now?
The Shree Ram Twistex IPO has reached 35% subscription on Day 2.
Key takeaways:
- 37.61 lakh shares bid for
- 1.06 crore shares on offer
- Retail investors subscribed 2.23 times
- NII category at 86% subscription
- IPO size: Rs 110 crore
- Price band: Rs 95-104 per share
- Closing date: February 25
The next trading session will be crucial. Subscription momentum often builds as the deadline approaches. For now, the data shows controlled demand with strong retail participation leading the way.
The final numbers will decide how the Shree Ram Twistex IPO enters the listing phase, but Day 2 belongs clearly to retail investors.
Source: Moneycontrol
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