Loading...
Shree Ram Twistex Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
Mainboard
Price Range:
Rs.104.00
Issue Size:
Rs.110.24 Cr
Lot Size:
144 shares
Open Date:
February 23
Shree Ram Twistex Ltd. IPO Overview
Bidding Dates
February 23 - February 25
Min Investment
₹14,976
Price Range
₹104.00
Issue Size
₹110.24 Cr
IPO DRHP Doc
Not Available
Company Overview
Shree Ram Twistex manufactures cotton yarns, including Compact Ring Spun and Carded Yarns, used in various products like denim and home textiles. The company operates on a B2B model, supplying to textile manufacturers and exporters across several states and internationally. Its manufacturing facility is located in Gondal, Rajkot, Gujarat, equipped with 17 compact ring-spinning machines and multiple warehouses for storage.
IPO Timeline
Timeline information will be updated when available.
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 75.00% | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 15.00% | Oversubscribed |
| RII (Retail Individual Investors) | 10.00% | Oversubscribed |
| Total Subscription | Undersubscribed |
Last updated: Percentage of shares offered
Current GMP:
Rs.-28
Est. Listing:
Rs.76
Est. Gain:
-26.9%
Star Rating:
★★★★★(1/5)
Financial Information
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Risks
Potential challenges and risk factors
- High dependence on top customers for revenue.
- No long-term contracts; operates on a purchase order basis.
- No formal dividend policy and no past dividend payments.
- Risk of technology obsolescence and upgrade costs.
- Dependence on key promoters and senior management.
IPO Details
IPO Reservation
Share Reservation Distribution
QIB
7,950,000 shares (75%)
HNI (NII)
1,590,000 shares (15%)
bNII (>₹10L)
1,060,000 shares (10%)
Retail
1,060,000 shares (10%)
sNII (<₹10L)
530,000 shares (5%)
IPO Subscription Status
Key Dates
Open Date:February 23
Close Date:February 25
Listing Date:March 2
