The much-anticipated Shree Ram Twistex IPO is in its final day of bidding on 25 February 2026, and investor interest has been strong. In this detailed guide, we cover IPO basics, subscription status, grey market premium (GMP), valuation, risks, and whether you should consider applying.
About Shree Ram Twistex
Shree Ram Twistex is a textile manufacturing company engaged in the production and sale of twisted yarns and related textile products. With a presence in both domestic and international markets, the company supplies to garment manufacturers, weavers, and other textile players.
The IPO marks an important milestone in the company’s growth journey, providing capital for capacity expansion, working capital needs, and general corporate purposes.
IPO Basics
| Parameter | Details |
|---|---|
| IPO Open | 23 February 2026 |
| IPO Close | 25 February 2026 (Today) |
| Price Band | ₹95 – ₹104 per share |
| Issue Size | ₹110 crores (Fresh Issue) |
| Lot Size | 144 shares per lot |
| Listing On | BSE & NSE |
| Registrar | Bigshare Services |
Day 3 Subscription Status (Final Day)
As of the most recent data on 25 February 2026 (mid-day), the subscription figures are:
- Overall subscription: 3.29×
- Retail Individual Investors (RII): 9.67×
- Non-Institutional Investors (NII): 15.48×
- Qualified Institutional Buyers (QIB): Weak interest so far
Interpretation:
The IPO has seen strong interest from retail and HNI investors, while institutional participation remains subdued. This typically suggests sentiment is driven by small and mid-sized investors, which can be a double-edged sword for listing performance.
Grey Market Premium (GMP)
The unofficial Grey Market Premium (GMP) reflects how much the share is trading above the IPO price band in informal markets.
- Current GMP: ₹9 – ₹13.5
- Indication: A positive sentiment and possible listing above IPO price
GMP is a non-official indicator of expected listing price, and while it’s useful, it shouldn’t be the only factor you use to make a decision.
Company Financials at a Glance
Shree Ram Twistex has delivered steady revenue growth in recent years. The valuation metrics at the IPO price band imply:
- P/E Multiple: ~29x–30x (based on trailing earnings)
- Comparison: Slightly higher than some textile industry peers, which makes valuation an area of focus
Investors should weigh current financials, growth prospects, and industry cycles before deciding.
Analyst Views: Subscribe or Not?
Analyst opinions on the IPO are mixed:
Positive Views
- Strong retail demand
- GMP suggests listing strength
- Stable textile business with recurring customers
Cautious Views
- Institutional interest is weak
- Valuation on the higher side
- Textile industry faces cyclicality and competitive pressures
Broker Recommendations:
- Some brokers have issued Subscribe ratings based on long-term prospects and market positioning.
- Others, such as Swastika Investmart, have recommended Avoiding the IPO for short-term listing gains due to valuation concerns.
Should You Apply? A Balanced View
For Short-Term Listing Gains
If your goal is purely to make a quick profit on listing day:
- Positives: GMP and retail enthusiasm suggest a possible premium listing.
- Negatives: QIB interest is tepid, which can limit post-listing upside.
Verdict: Apply only if you’re comfortable with listing risk and possible volatility.
For Long-Term Investment
If you’re a long-term investor:
- Evaluate the company’s business fundamentals
- Look at industry growth prospects
- Assess management strategy for capacity expansion
Verdict: Worth considering if you believe in the textile growth story and can hold for years.
How to Apply in the IPO
Here’s a quick checklist:
- DP/Bank account must be linked to Aadhaar
- PAN and Demat account are mandatory
- Apply via ASBA in net-banking or UPI
- Fill in the correct lot size (144 shares) and verify price band
Risks to Consider Before Applying
- Textile industry is cyclical and demand-sensitive
- Limited QIB participation may affect price stability
- High valuation compared to underlying earnings
Make sure you align your allocation with risk tolerance and financial goals.
The Shree Ram Twistex IPO has generated significant attention from retail investors, delivered healthy subscription figures, and posted a positive GMP trend. However, mixed analyst views and valuation concerns call for a balanced investment decision.
Short-term investors may apply cautiously,
Long-term investors should do further company research, and
Risk-averse investors may choose to stay on the sidelines.
Rajil M P is an experienced banking professional with over eight years of hands-on experience in the Indian banking sector. Over the years, he has worked extensively in retail banking, loan processing, deposit management, compliance monitoring, and customer relationship management—gaining practical exposure to real-world banking operations and regulatory practices.
To strengthen his professional expertise and stay aligned with evolving financial standards, Rajil has successfully cleared multiple flagship certifications conducted by the Indian Institute of Banking & Finance (IIBF),
Rajil M P is the founder and editor of IndianBanker.com, a trusted platform focused on banking news, RBI policy updates, financial insights, exam preparation resources, and practical calculators for banking aspirants and professionals.
Discover more from Indian Banker
Subscribe to get the latest posts sent to your email.
