Shree Ram Twistex Limited is a Gujarat-based cotton yarn manufacturing company operating under a business-to-business (B2B) model.
The company manufactures cotton yarns used in knitting and weaving applications. Its product range includes Compact Ring Spun yarns and Carded yarns, available in both Combed and Carded variants. These yarns are used in products such as denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles and industrial fabrics.
It also produces value-added yarns like Eli Twist (Combed and Carded), Compact Slub yarns, and Lycra-blended yarns, catering to varied textile requirements.
Shree Ram Twistex supplies its products to textile manufacturers, garment exporters, fabric processors, and bulk buyers across several Indian states, including Gujarat, Rajasthan, West Bengal, Maharashtra, Tamil Nadu, Madhya Pradesh, and Punjab, along with Dadra and Nagar Haveli. The company also exports internationally.
Its manufacturing facility is located in Gondal, Rajkot, Gujarat and is equipped with:
- 17 compact ring-spinning machines
- Total spindle capacity of 27,744 spindles
The company operates five warehouses — two for raw materials, two for finished goods, and one for general storage — with a combined storage capacity of 9,855 MT.
Shree Ram Twistex IPO – Details
| IPO Opening Date | 23 February 2026 |
| IPO Closing Date | 25 February 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 1,06,00,000 Shares Worth ₹110.24 Crore Fresh Issue: 1,06,00,000 Shares Worth ₹110.24 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹95 – ₹104 per share |
| Market Lot | 144 Shares |
| Min Order | 144 Shares [ 1 Lot ] |
| Listing At | BSE, NSE |
| Register | Bigshare Services Pvt. Ltd. |
| QIB Shares Offered | 75% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 10% |
Shree Ram Twistex IPO – Date Schedule
| IPO Open Date | 23 February 2026 |
| IPO Close Date | 25 February 2026 |
| Basis of Allotment | 26 February 2026 |
| Initiation of Refund | 27 February 2026 |
| Credit of Shares to Demat Account | 27 February 2026 |
| IPO Listing Date | 02 March 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 25, 2026 |
Shree Ram Twistex IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 144 | ₹14,976 |
| Retail (Max) | 13 | 1,872 | ₹1,94,688 |
| S-HNI (Min) | 14 | 2,016 | ₹2,09,664 |
| S-HNI (Max) | 66 | 9,504 | ₹9,88,416 |
| B-HNI (Min) | 67 | 9,648 | ₹10,03,392 |
Competitive Strength
- Fully integrated spinning infrastructure with modern technologies.
- Long standing relationships with key customers.
- Strategically located manufacturing facility with adequate storage facility.
- Track Record of healthy growth.
- Experienced promoters and management Team.
Company Promoters
- Bhaveshbhai Bhikhumbhai Ramani
- Jay Atulbhai Tilala
- Nidhi Bhaveshbhai Kothari
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹213.58 Cr | ₹208.67 Cr | ₹2.05 Cr | ₹55.70 Cr |
| 31 March 2024 | ₹231.72 Cr | ₹222.10 Cr | ₹6.55 Cr | ₹67.04 Cr |
| 31 March 2025 | ₹256.32 Cr | ₹246.94 Cr | ₹8.00 Cr | ₹62.48 Cr |
| 30 September 2025 | ₹132.27 Cr | ₹122.38 Cr | ₹7.00 Cr | ₹60.70 Cr |
Key Performance Indicator
| KPI | Values (Sep 30, 2025) |
|---|---|
| ROE | 9.05% |
| ROCE | 10.74% |
| Debt/Equity | 0.75 |
| RoNW | 9.05% |
| PAT Margin | 5.30% |
| EBITDA Margin | 12.90% |
| Pre IPO | Post IPO | |
| EPS (₹) | 2.72 | 3.50 |
| P/E (x) | 38.21 | 29.69 |
Object Of The Issue
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| Funding for setting up of 6.1 MW Solar Power Plant for captive use. | ₹7.35 |
| Funding for setting up 4.2 MW Wind Power Plant for captive use. | ₹39.00 |
| Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company. | ₹14.89 |
| Funding the working capital requirements of the Company. | ₹44.00 |
| General corporate purposes. |
Shree Ram Twistex IPO Peer Comparison
| S. No. | Face Value (₹) | Company Name | P/E Ratio |
|---|---|---|---|
| 1 | 10 | Ambika Cotton Mills Limited | 11.37 |
| 2 | 5 | Damodar Industries Limited | 14.09 |
| 3 | 10 | Rajapalayam Mills Limited | -15.23 |
✅Strengths
- Diversified cotton & value-added yarn portfolio.
- 17 ring-spinning machines | 27,744 spindles.
- B2B model with multi-state & export presence.
- 9,855 MT warehousing capacity.
- Promoter-led management.
⚠️Risks
- Cotton price volatility risk.
- Cyclical textile industry.
- Dependence on B2B customers.
- Single manufacturing facility risk.
- No prior listing history.
Shree Ram Twistex IPO Promoter Holding
| Pre Issue Share Holding | 47.07% |
| Post Issue Share Holding | 34.59% |
Shree Ram Twistex IPO Prospectus
Company Contact Information
| Shree Ram Twistex Ltd. 566P1, Umwada Road Near Bajrang Cotspin, Gondal, Rajkot, Gujarat, 360311 Phone: 91 75100 12200 Email: cs@shreeramtwistex.com Website: http://shreeramtwistex.com/ |
Shree Ram Twistex IPO Registrar
| Bigshare Services Pvt. Ltd. Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Shree Ram Twistex IPO Lead Manager(s)
| 1. Interactive Financial Services Limited |
Shree Ram Twistex IPO FAQs
| What is Shree Ram Twistex IPO? Shree Ram Twistex IPO is a main-board IPO. The issue is priced at ₹95 to ₹104 per equity share. The IPO is to be listed on the BSE & NSE. |
| When will Shree Ram Twistex IPO open? The IPO is to open on 23 February 2026 for QIB, NII, and Retail Investors. |
| What is Shree Ram Twistex IPO Investors Portion? The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%. |
| What is Shree Ram Twistex IPO Size? Shree Ram Twistex IPO size is ₹110.24 Crore. |
| What is the Shree Ram Twistex IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 144 Shares with ₹14,976, while the maximum bid is 1,872 Shares with ₹1,94,688. |
| What is the Shree Ram Twistex IPO Allotment Date? Shree Ram Twistex IPO allotment date is 26 February 2026. |
| What is the Shree Ram Twistex IPO Listing Date? Shree Ram Twistex IPO listing date is 02 March 2026. The IPO is to be listed on the BSE and the NSE. |
