- Price band
- To be announcedNot in this filing
- Issue size
- 1,06,00,000 sharesFresh issue · amount set with price
- Face value
- ₹10per equity share
- Lot size
- To be announcedMin. investment shown once set
- OpensMon, 2026
- ClosesWed, 2026
- AllotmentThu, 2026
- ListingMon, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue
- Fresh issue
- 1,06,00,000 shares
- Offer for sale
- None
- Total issue
- 1,06,00,000 shares
- Face value
- ₹10
- Listing at
- NSE, BSE
- RHP date
- 12 Feb 2026
Source: Red Herring Prospectus dated 12 Feb 2026Updated
Reservation
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | — | — | 10% |
| Non-institutional investors (NII) | — | — | 15% |
| Qualified institutional buyers (QIB) | — | — | 75% |
Source: Red Herring Prospectus dated 12 Feb 2026Updated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
Fiscal 2025, pre-issue- EPS (basic)
- ₹2.72
- EPS (diluted)
- ₹2.72
- RoNW (Six months ended September 30, 2025 (annualised))
- 17.35%
- NAV per share (As on September 30, 2025)
- ₹27.47
P/E and market cap are calculated once the price band is announced.
Source: Red Herring Prospectus dated 12 Feb 2026Updated
Financials
Standalone, restated · ₹ crore| Period ended | 30 Sep 20256 months | 31 Mar 202512 months | 31 Mar 202412 months | 31 Mar 202312 months |
|---|---|---|---|---|
| Revenue from operations | 132.08 | 255.04 | 231.59 | 213.10 |
| Total income | 132.27 | 256.32 | 231.72 | 213.58 |
| EBITDA | 17.04 | 21.85 | 20.19 | 17.40 |
| Profit after tax | 7.00 | 8.00 | 6.55 | 2.05 |
| Net worth | 80.70 | 74.03 | 66.80 | 61.11 |
| Reserves and surplus | 51.33 | 44.66 | 37.42 | 49.36 |
| Total assets | 217.44 | 194.20 | 154.30 | 135.71 |
| Total borrowing | 60.70 | — | — | — |
12 months vs 12 months: revenue +10.1%, profit after tax +22.0%. Periods shorter than 12 months are shown as reported and are not annualised.
Source: Red Herring Prospectus dated 12 Feb 2026Updated
About the company
The company manufactures cotton yarns, including compact ring-spun, carded, combed and value-added varieties such as Eli Twist and Lycra-blended yarns. It sells on a business-to-business basis to textile manufacturers, garment exporters and fabric processors, with domestic sales and some exports through merchant exporters. Production is carried out at a single facility in Gondal, Rajkot, Gujarat.
- Incorporated
- 2013
- Industry
- Textiles (Cotton Yarn)
- CIN
- U17120GJ2013PLC078074
- Website
- shreeramtwistex.com
Source: Red Herring Prospectus dated 12 Feb 2026Updated
Promoters and shareholders
| Name | Before issue | After issue |
|---|---|---|
| Bhaveshbhai Bhikhubhai Ramani | 20.71% | — |
| Nidhi Bhaveshbhai Kothari | 11.00% | — |
| Jay Atulbhai Tilala | 4.07% | — |
Source: Red Herring Prospectus dated 12 Feb 2026Updated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Reimbursement of the unfunded portion of the 6.1 MW captive solar power plant | 7.35 |
| Funding the 4.2 MW captive wind power plant | 39.00 |
| Full or partial repayment or pre-payment of certain borrowings | 14.89 |
| Funding working capital requirements | 44.00 |
| General corporate purposes (capped at 25% of gross proceeds) | Set with price |
Source: Red Herring Prospectus dated 12 Feb 2026Updated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Shree Ram Twistex LimitedIssuer | ₹2.72 | — | 10.80% | ₹23.97 |
| Ambika Cotton Mills Limited | ₹114.83 | 11.37× | 7.46% | ₹1,539.69 |
| Damodar Industries Limited | ₹2.32 | 14.09× | — | ₹56.62 |
| Rajapalayam Mills Limited | -₹54.45 | -15.23× | -12.00% | ₹495.33 |
Source: Red Herring Prospectus dated 12 Feb 2026Updated
Strengths and risks
Our summary of what the offer document statesStrengths
- Operates an integrated spinning facility that covers yarn production from raw cotton to packed yarn at one site.
- Has about a decade of experience in textile manufacturing and long-standing relationships with key customers.
- Revenue and profit after tax have grown over the period from Fiscal 2017 to Fiscal 2025, per the document.
- Sells only on a B2B basis, with a range of yarn products used across knitting and weaving applications.
- Has added captive solar and rooftop solar capacity to reduce dependence on grid electricity.
Risks
- A large share of revenue comes from a few customers, and there are no long-term contracts with them.
- Top customer share of revenue was about 28.6% for the six months to September 2025 and about 44% in Fiscal 2024.
- Most revenue and the manufacturing facility are concentrated in Gujarat, exposing the company to regional risk.
- Export sales are opportunistic and vary considerably from year to year.
- The funding requirements and deployment of net proceeds have not been appraised by any bank or independent agency, and management has broad discretion over their use.
Source: Red Herring Prospectus dated 12 Feb 2026Updated
Contacts
Source: Red Herring Prospectus dated 12 Feb 2026Updated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: Red Herring Prospectus dated 12 Feb 2026Updated
After listing
Listing price, day-one high and low, and the change from the issue price (set at allotment) appear here after the shares list on NSE and BSE.
Frequently asked questions
When does the Shree Ram Twistex IPO open and close?
According to the Red Herring Prospectus, the issue opens on Monday, 23 February 2026 and closes on Wednesday, 25 February 2026.
What is the Shree Ram Twistex IPO price band?
The Red Herring Prospectus does not include a price band. The company announces it by advertisement before the issue opens, and this page is updated when it is filed.
Where will Shree Ram Twistex shares list?
On NSE and BSE. The tentative listing date is Monday, 2 March 2026.
Who is the registrar of the issue?
Bigshare Services Private Limited (SEBI registration INR000001385). Allotment status is checked on the registrar's website.
How do I check the Shree Ram Twistex IPO allotment status?
The basis of allotment is expected to be finalised on Thursday, 26 February 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (Bigshare Services Private Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹7.35 Cr for reimbursement of the unfunded portion of the 6.1 MW captive solar power plant, ₹39 Cr for funding the 4.2 MW captive wind power plant, ₹14.89 Cr for full or partial repayment or pre-payment of certain borrowings, ₹44 Cr for funding working capital requirements, and the rest for the other stated purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.