Shree Ram Twistex Limited, a company engaged in the manufacturing of cotton yarn used in the textile industry, is set to launch its Initial Public Offering IPO on February 23, 2026. The public issue, which is entirely a fresh issue of shares, aims to raise 110.24 crore from investors.

The IPO will remain open for subscription until February 25, 2026. The shares are proposed to be listed on the National Stock Exchange NSE, with a tentative listing date of March 02, 2026.

About Shree Ram Twistex Limited

Shree Ram Twistex Limited is primarily engaged in the production of cotton yarn. The yarn manufactured by the company is used in weaving and knitting applications across the textile sector.

The company produces various yarn counts catering to different customer requirements. Its revenue is largely generated from domestic sales to textile manufacturers.

Cotton yarn forms a critical input for fabric manufacturing. Therefore, companies like Shree Ram Twistex play an important role in the textile value chain.

Financial performance

For the financial year FY25, the company reported revenue from operations of 25,504.47 lakh.

It recorded an EBITDA of 2,185.26 lakh, reflecting its operational profitability.

The company operates with an installed capacity of 9,855 metric tonnes per annum. It achieved 87 percent capacity utilisation, indicating efficient use of its production infrastructure.

Higher capacity utilisation generally suggests stable demand and operational efficiency.

IPO structure and details

The Shree Ram Twistex IPO is a Book Built Issue, amounting to 110.24 crore.

The issue consists entirely of a fresh issue of 1.06 crore equity shares. There is no offer for sale component in this IPO.

Since it is a fresh issue, the funds raised will go directly to the company and can be used for business expansion, working capital needs or other corporate purposes.

Subscription dates and listing timeline

The IPO will open for subscription on February 23, 2026 and close on February 25, 2026.

The basis of allotment is expected to be finalised on or about February 26, 2026.

The shares are proposed to be listed on the NSE with a tentative listing date of March 02, 2026.

Investors who apply in the IPO will be able to check allotment status after finalisation by the registrar.

Price band and valuation

The price band for the Shree Ram Twistex IPO has been fixed at 95 to 104 per equity share.

At the upper end of the price band of 104 per share, the company’s estimated market capitalisation will be approximately 415.74 crore.

Market capitalisation represents the total value of the company’s outstanding shares at the IPO price.

Investors often assess valuation metrics such as earnings, revenue growth and industry outlook before making investment decisions.

Lot size and minimum investment

The lot size for the IPO has been fixed at 144 shares.

Retail investors are required to apply for a minimum of one lot, which means a minimum investment of 14,976 at the upper price band.

For High Net Worth Individuals HNIs, the minimum application is 14 lots, which amounts to 2,016 shares.

This translates to a minimum investment of 209,664 for HNI investors.

The structured lot system ensures participation from different categories of investors.

Book running lead manager and registrar

Interactive Financial Services Limited is acting as the book running lead manager to the issue.

The registrar for the IPO is KFIN Technologies Limited.

The book running lead manager is responsible for managing the IPO process, including marketing and price discovery.

The registrar handles application processing, allotment and refund related activities.

Grey Market Premium GMP update

As per available information, the Grey Market Premium GMP for the Shree Ram Twistex IPO is expected to be 0.

Grey Market Premium refers to the unofficial premium at which shares are traded in the unorganised market before listing.

However, it is important to note that grey market trading is not regulated and does not provide a reliable indicator of actual listing performance.

No real trading takes place on the basis of GMP in the formal market. Therefore, no accurate price discovery can be done before official listing on the stock exchange.

The GMP depends entirely on demand and supply in the informal market and is mentioned only for educational and informational purposes.

Textile sector outlook

The textile industry in India remains one of the largest contributors to employment and exports.

Demand for cotton yarn depends on domestic fabric production as well as export orders.

Factors such as cotton prices, global demand and government policies can influence the performance of yarn manufacturers.

Companies with stable capacity utilisation and efficient operations may benefit from improving industry conditions.

Capacity and operational efficiency

Shree Ram Twistex’s installed capacity of 9,855 metric tonnes per annum with 87 percent utilisation indicates strong operational performance.

High utilisation reduces fixed cost per unit and improves margins.

However, capacity expansion may require additional investment in machinery and working capital.

Investors often evaluate whether companies have plans to expand capacity or diversify product offerings.

Risk factors

Like all manufacturing businesses, cotton yarn producers face certain risks.

Raw material prices, especially cotton, can be volatile.

Changes in demand from textile manufacturers can impact sales.

Competition within the textile industry may also affect pricing power.

Investors should carefully read the IPO prospectus to understand all risk factors before investing.

Investment considerations

Before applying for any IPO, investors typically consider factors such as financial performance, industry outlook, valuation and use of proceeds.

In the case of Shree Ram Twistex, steady revenue and strong capacity utilisation are positive indicators.

However, overall market conditions and sector specific trends also play an important role in determining listing performance.

Conclusion

The Shree Ram Twistex IPO offers investors an opportunity to participate in a cotton yarn manufacturing company with established operations and solid capacity utilisation.

The issue opens on February 23, 2026, with a price band of 95 to 104 per share and aims to raise 110.24 crore through a fresh issue.

With GMP currently at zero and listing expected on March 02, 2026, investors will closely monitor subscription levels and market sentiment in the coming days.

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