Shree Ram Twistex IPO

Textiles / Cotton Yarn - Listed on 02 March 2026

-34.6% listing gain
Issue Price (Upper)
Rs 104
Listing Price
Rs 68
Closing Price (NSE)
Rs 71.4
Total Subscription
43.66x

Shree Ram Twistex IPO listing summary

Shree Ram Twistex (Textiles / Cotton Yarn) closed its IPO window in 2026 and listed on NSE and BSE on 02 March 2026 at an upper band issue price of Rs 104, opening at Rs 68 for a listing gain of -34.6% and closing day one at Rs 71.4 (-31.4% on closing basis). The IPO was subscribed 43.66x overall - QIB 3.94x, HNI/NII 220.30x, Retail 76.63x. The total issue size was Rs 110.24 Cr (Fresh Issue Rs 110.24 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

About Shree Ram Twistex

Textiles / Cotton Yarn

Shree. Ram. Twistex manufactures cotton yarn and textile products for downstream fabric and garment makers. The business is sensitive to cotton costs, utilisation and export-market demand. That places. Shree. Ram. Twistex in a segment where demand can be affected by customer spending, competition and the pace of capacity expansion. Competition, working-capital discipline and the pace of new orders remain important factors in how this business develops. Its day-to-day performance is likely to be read through operating volumes, margins, working capital and the quality of its disclosed customer or project pipeline. This description is intended to explain the company’s business in plain language; the statutory filings remain the source for detailed risks and financial claims.

About Shree Ram Twistex IPO

Issue structure, listing outcome and context

The ₹110.24 crore. IPO was a fresh issue priced at ₹104. Proceeds were intended for working capital and business needs; the shares listed at ₹68. It was a fresh issue of ₹110.24 crore, so the company was the direct recipient of the new capital. The stock listed at ₹68, a reported opening gain of -34.62%. The final assessment belongs with the company’s official filings, exchange disclosures and subsequent financial performance. For a complete view of the offer, readers should check the final prospectus, the exchange listing notice and the company’s subsequent disclosures.

Listing day performance

Listing Gain (Open)
-34.62%
Listing Gain (Close)
-31.35%
Day Change After Listing
+3.27%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB3.94x
HNI / NII220.30x
Retail76.63x
Overall43.66x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.11x
Day 20.75x
Day 3 (Final)43.66x

Shree Ram Twistex IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs -18-17.31%
Day 2Rs -10-9.62%
Day 3Rs -10-9.62%
Day 4Rs 5+4.81%
Day 5Rs 5+4.81%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
-17.3%-4.8%
IPOGyani AI Prediction
-32.1%
Actual Listing Gain
-34.6%

Prediction Accuracy: 2.5 pp (Highly accurate)

Issue & financials

Issue SizeRs 110.24 Cr
Fresh IssueRs 110.24 Cr
OFSRs 0 Cr
IPO PE29.71
Peer / Sector PE8.61
PE vs Sector Ratio3.45
Latest EBITDA (Cr)8.57
Debt / Equity0.84

Market context at listing

How the broader market moved around the Shree Ram Twistex IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-2.42%
Nifty 1W Return-3.30%
Nifty 1M Return+0.16%
Nifty during IPO window-2.76%

Shree Ram Twistex IPO - FAQs

What was the listing gain of Shree Ram Twistex IPO?

Shree Ram Twistex IPO listed at -34.6% versus the upper issue price of Rs 104 on 02 March 2026.

How many times was Shree Ram Twistex IPO subscribed?

Shree Ram Twistex IPO was subscribed 43.66x overall. QIB portion was subscribed 3.94x, HNI / NII 220.30x and Retail 76.63x.

What was the IPO GMP for Shree Ram Twistex?

IPO GMP started at Rs -18 on Day 1 and moved to Rs 5 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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