Shree Ram Twistex IPO Day 2: Check GMP, Subscription Status & Key Highlights
The Shree Ram Twistex IPO enters its second day of subscription today, 24 February 2026. By the end of the first day, the issue was subscribed to 0.12 times overall. The bidding window is scheduled to close on February 25, 2026.
Shree Ram Twistex IPO: Issue Details
Issue Type: The Shree Ram Twistex IPO is a book-build issue of ?110.24 crores, consisting entirely of a fresh issue of 1.06 crore shares.
Price Band: The price band is set between ?95 and ?104 per share.
Lot Size & Minimum Investment: The lot size for an application is 144 shares, and the minimum investment required is ?14,976 (for retail investors).?
Allotment Date: The basis of allotment will be finalised by February 26, 2026
Listing Date: The tentative listing date on NSE and BSE is March 2, 2026.?
Book-running Lead Managers: Interactive Financial Services Limited
Registrar: Bigshare Services Private Limited
Shree Ram Twistex IPO Day 2 Subscription Status
[24-February-2026 10:48:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
0.00 |
|
Non-Institutional Investors |
0.37 |
|
Retail Individual Investors (RIIs) |
1.52 |
|
Total |
0.21 |
Utilisation of IPO Proceeds
The net proceeds from the fresh issue will be used to fund the expenses towards the following objectives:
- Set up of 6.1 MW Solar Power Plant and 4.2 MW Wind Power Plant for captive use
- Working capital requirement?
- Repay/prepay outstanding borrowings?
- General corporate purposes
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Shree Ram Twistex IPO GMP
According to media reports, the Grey Market Premium (GMP) of the Shree Ram Twistex IPO is reported at ?9 over the IPO price.?
Shree Ram Twistex IPO Business Overview
Shree Ram Twistex Limited is engaged in the production of cotton yarns, including compact ring spun yarns, combed and carded yarns, as well as specialised and value-added yarns such as Eli Twist (Siro) yarns, compact slub yarns, and Lycra-blended yarns.The company operates exclusively in the business-to-business (B2B) segment, supplying yarns to textile mills, fabric manufacturers, garment exporters, traders, and bulk buyers.
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