Shree Ram Twistex IPO Opens: Subscription Details, GMP Trends, and Price Band Explained

Shree Ram Twistex Limited has officially opened its maiden initial public offering (IPO) for public subscription. The company, known for its cotton yarn manufacturing, aims to raise ₹110.24 crore through a fresh issue of 1.06 crore shares.

Key Highlights

• IPO Size: ₹110.24 crore (entirely fresh issue).
• Price Band: ₹95–₹104 per share.
• Lot Size: 144 shares per lot; minimum retail investment ₹14,976.
• Subscription Window: February 23–25, 2026.
• Allotment & Listing: Allotment expected on February 26; listing tentatively on March 2, 2026 (BSE & NSE).
• Use of Proceeds: Investment in solar and wind power projects for captive use, debt repayment, and working capital needs.
• Grey Market Premium (GMP): Currently indicates moderate listing gains, hovering around ₹4–₹5.

Sources: Business Standard, The Economic Times, IPO Watch