Shree Ram Twistex Limited has officially filed its Red Herring Prospectus (RHP) for its upcoming Mainboard IPO. The company belongs to the textile industry and is engaged in manufacturing yarn products. This IPO is expected to attract investors due to the textile sector’s strong domestic demand and export opportunities.
The company is based in Gondal, Rajkot, Gujarat, and is preparing to raise funds through the public issue route. As per the RHP document, this IPO is a 100% Book Built Issue.
IPO Type and Structure
As per the RHP details, Shree Ram Twistex IPO is a Fresh Issue.
There is no Offer for Sale (OFS) component in this issue.
IPO Structure
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IPO Type: Fresh Issue
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Fresh Issue Size: Up to 1,06,00,000 equity shares
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Face Value: ₹10 per share
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Offer for Sale (OFS): Not Applicable
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Issue Mode: 100% Book Built Issue
This means all funds raised will directly go to the company, helping it expand and strengthen its business operations.
Shree Ram Twistex IPO Timeline
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IPO Open Date: 23 Feb 2026
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IPO Close Date: 25 Feb 2026
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Allotment Date: 26 Feb 2026
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Refund Initiation: 27 Feb 2026
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Credit of Shares to Demat: 27 Feb 2026
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Listing Date: 02 Mar 2026
Promoters of Shree Ram Twistex Limited
As mentioned in the RHP, the promoters of the company are:
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Bhaveshbhai Bhikhubhai Ramani
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Jay Atulbhai Tilala
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Nidhi Bhaveshbhai Kothari
About Company
Shree Ram Twistex Limited is a Gujarat-based textile company engaged in manufacturing cotton yarn used in knitting and weaving applications. The company produces Compact Ring Spun Yarns and Carded Yarns (Combed & Carded variants). Its yarns are used in products like denim, towels, shirting, bed sheets, sweaters, socks, home textiles, and industrial fabrics. It also manufactures value-added yarns such as Eli Twist yarns, Compact Slub yarns, and Lycra-blended yarns, which target higher-margin segments. The company mainly works on a B2B model, supplying textile manufacturers, garment exporters, and bulk buyers. It serves customers across multiple Indian states and also exports internationally. The manufacturing unit is located in Gondal, Rajkot, equipped with 17 compact ring-spinning machines and 27,744 spindles. It also operates 5 warehouses with combined storage capacity of 9,855 MT for raw material and finished goods.
Strengths
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Modern integrated spinning setup with compact technology
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Strong customer relationships ensuring repeat orders
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Good storage and warehouse infrastructure for smooth logistics
Weakness
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High dependency on limited customers (customer concentration risk)
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Major exposure to Gujarat market and location
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Cotton price volatility can impact profitability
Summary of Restated Financials:-
| Particulars (₹ Crore) | 6M Ended Sep 30, 2025 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | 217.44 | 194.20 | 154.30 | 135.71 |
| Total Income | 132.27 | 256.32 | 231.72 | 213.58 |
| Total Expenses | 122.38 | 246.94 | 222.10 | 208.67 |
| Profit After Tax (PAT) | 7.00 | 8.00 | 6.55 | 2.05 |
IPO Reservation
The company has mentioned that reservation will be made according to SEBI ICDR regulations.
Typically, for Mainboard IPOs the quota distribution is:
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QIB (Qualified Institutional Buyers): Up to 75%
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NII (Non-Institutional Investors): Minimum 15%
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Retail Investors: Minimum 15%
IPO Registrar
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Bigshare Services Private Limited
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