The retail portion was subscribed 76.63 times and the NII category saw 220.30 times subscription. The QIB portion was booked 3.94 times.
The strong oversubscription, especially in the NII and retail segments, indicates significant listing interest.
GMP and listing outlook
The grey market premium is currently negative, reflecting expectations of negative listing gains. However, final performance will depend on broader market conditions on March 2 when the shares are scheduled to list on BSE and NSE.
How to check Shree Ram Twistex IPO allotment status
Investors can check the allotment status online once it is finalised.To check via Bigshare Services:
Visit Bigshare Services Allotment page: https://ipo.bigshareonline.com/ipo_status.html
Select Shree Ram Twistex IPO
Enter your PAN, application number, or DP/Client ID to check the allotment.
On NSE Website
Visit NSE Allotment page: https://www.nseindia.com/invest/check-ipo-allotment
Select Equity
Choose Shree Ram Twistex
Enter your PAN or application number.
Refunds for non-allottees are expected to be initiated on February 27, while shares will be credited to demat accounts the same day.
Company overview
Shree Ram Twistex is engaged in manufacturing cotton yarns, including Compact Ring Spun and Carded Yarns, both combed and carded. The yarn is used in knitting and weaving applications such as denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles and industrial fabrics.
The company also manufactures value-added yarns such as Eli Twist, Compact Slub Yarns and Lycra-blended yarns. It operates on a B2B model, supplying to textile manufacturers, garment exporters and fabric processors across multiple Indian states and also exports internationally.
Financials
For FY25, the company reported total income of Rs 256 crore and PAT of Rs 8 crore. EBITDA stood at Rs 22 crore. For the six months ended September 2025, total income was Rs 132 crore and PAT was Rs 7 crore.
The company plans to use the IPO proceeds towards setting up a 6.1 MW solar power plant, a 4.2 MW wind power plant for captive use, repayment of borrowings, working capital requirements and general corporate purposes.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)