Rajkot-based Shree Ram Twistex is all set to launch its IPO next week, giving investors a fresh opportunity in the textile sector.
The public issue will open on February 23 and close on February 25.
The company has fixed the price band at ₹95 to ₹105 per share.
Each share has a face value of ₹10, and investors must apply for a minimum of 144 shares.
Since this is a mainboard IPO, participation from retail as well as other investor categories is expected to be strong.
IPO Details: A Completely Fresh Issue
This IPO is entirely a fresh issue of 1.06 crore equity shares.
There is no Offer for Sale (OFS), which means promoters are not selling their stake.
The entire amount raised will go directly to the company.
The company plans to use the funds to repay debt, meet working capital needs, and for general corporate purposes.
Share allotment is expected on February 26, and listing is scheduled for March 2.
The book-running lead manager for the issue is Interactive Financial Services Limited, while Bigshare Services Private Limited has been appointed as the registrar.
What Is the Grey Market Saying?
At the moment, there is very little activity in the grey market.
The current Grey Market Premium (GMP) is ₹0.
This suggests that the estimated listing price is close to the upper price band of ₹105.
However, investors should remember that GMP is unofficial and can change quickly.
It should not be the only factor in making an investment decision.
What Does the Company Do?
Shree Ram Twistex is engaged in manufacturing cotton yarn. Its product range includes compact ring spun yarn, carded yarn, combed yarn, and several value-added products.
Some of its specialty yarns include Ellie Twist, compact slub yarn, and Lycra blended yarn.
These yarns are widely used in denim, towels, shirting, sweaters, socks, home textiles, and even industrial fabrics.
This wide product usage gives the company exposure to multiple segments of the textile industry.
Strong Financial Growth
The company’s financial performance shows steady growth.
In FY25, profit rose 22 percent to ₹8 crore, compared to ₹6.55 crore in the previous year.
Revenue increased 10.1 percent to ₹255 crore during the same period.
For the six months ended September 2025, the company reported a profit of ₹7 crore on revenue of ₹132.1 crore.
This indicates consistent business momentum.
With steady growth, a fresh issue structure, and exposure to the textile market, the IPO is likely to attract attention from investors looking for new opportunities.
