Quick Stats
Listing Price
68
(-34.62%)
Subscription
43.66x
Allotment Status
Out
Last Updated
26-03-2026 02:33 PM
Shree Ram Twistex Limited IPO – Live GMP, Review & Analysis
Shree Ram Twistex Limited IPO GMP Today - ₹-20 (-19.23%)
Last updated: 02-03-2026 10:00 AM
Grey Market Premium Analysis
As of today, the latest Grey Market Premium (GMP) for Shree Ram Twistex Limited IPO is ₹-20. Considering the upper price band of ₹104, the estimated listing price is ₹84 (Cap Price + GMP). This indicates a listing gain of -19.2% per share. The GMP trend has been Stable over the last 3 days.
GMP Trend Analysis
| Date | GMP Price | Est. Listing Gain | Trend |
|---|---|---|---|
| 02-03-2026 | -20 | ₹-2,880 | Neutral |
| 01-03-2026 | -20 | ₹-2,880 | Neutral |
| 28-02-2026 | -20 | ₹-2,880 | Neutral |
| 27-02-2026 | -20 | ₹-2,880 | Down |
| 26-02-2026 | -11 | ₹-1,584 | Down |
| 25-02-2026 | 16 | ₹2,304 | Up |
| 24-02-2026 | 9 | ₹1,296 | Up |
| 23-02-2026 | 5 | ₹720 | Neutral |
| 22-02-2026 | 5 | ₹720 | Neutral |
| 21-02-2026 | 5 | ₹720 | Neutral |
Shree Ram Twistex Limited IPO Date, Price Band & Lot Size
Price Band
₹95-104
Lot Size
144 shares
Cutoff Investment
14976
Promoter Holding
Open
Feb 23, 2026
Close
Feb 25, 2026
Allotment Date
Feb 26, 2026
Listing Date
Mar 2, 2026
Issue Size
110.24
Shree Ram Twistex Limited IPO Review: Business Model
*This section provides a detailed description of Shree Ram Twistex Limited IPO's business operations and market position.
Shree Ram Twistex Limited IPO Financial: Revenue, Profit & Margins
Key financial metrics over recent years.
*Values in Cr
Revenue
₹255 Cr
Net Profit
₹8 Cr
EBITDA
₹22 Cr
ROE
11.36%
ROCE
13.37%
Debt/Equity
0.84x
PAT Margin
3.14%
Peer Comparison
Textile / Cotton Yarn Spinning • FY25
| Company | Revenue (₹ Cr) | PAT (₹ Cr) | EBITDA Margin | P/E | Market Cap (₹ Cr) | Comment |
|---|---|---|---|---|---|---|
Shree Ram Twistex Limited (IPO Company) IPO Company | 255.04 | 8 | 8.57% | 38.24 | 415.74 | Focuses on the production of combed, carded, and value-added cotton yarns. Operations are vertically integrated at a single facility with strong geographic concentration in Gujarat. |
Ambika Cotton Mills Limited | 702.07 | 65.29 | 14.80% | 11.68 | 772 | Produces premium compact and specialty cotton yarns for knitting and weaving. Operates with a broader global scale and greater backward integration capabilities. |
Damodar Industries Limited | 446.64 | -18.54 | 8.00% | -15.20 | 30 | Engaged in manufacturing blended, synthetic, and fancy yarns. Product mix differs significantly from pure cotton spinners, affecting margin profiles. |
Rajapalayam Mills Limited | 924.05 | -46.82 | 6.50% | -15.23 | 713 | Operates across yarn spinning and fabric weaving segments. Faces distinct commodity, infrastructure, and interest cost pressures despite generating higher aggregate revenue. |
Analysis & Interpretation
The peer group consists of enterprises operating across diverse segments of the textile industry, encompassing pure cotton spinning, blended synthetic yarns, and integrated weaving operations. Discrepancies in operating margins, profitability, and valuation multiples reflect fundamental differences in manufacturing scale, product portfolios, and varying exposure to raw material price cycles. While the IPO company focuses primarily on the domestic market, its listed peers derive significant revenue from varied international markets, resulting in different working capital structures and margin sensitivities.
Note: The peer group includes companies with different business models and commodity exposure. Financial metrics are provided for sectoral context and may not represent direct business equivalence.
Source: Company annual reports, Red Herring Prospectus, and publicly available financial data (FY25).
This peer comparison is for informational purposes only and is based on publicly available financial data. It does not constitute investment advice or a recommendation to buy or sell any security.
IPO Objectives (Use of Funds)
Wind Power Plant Setup
₹39.00 Cr(TBD)Funding for setting up a 4.2 MW wind power plant for captive use.
Repayment of Borrowings
₹14.89 Cr(TBD)Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company.
Working Capital Requirements
₹44.00 Cr(TBD)Funding the regular working capital requirements of the company.
General Corporate Purposes
TBD(TBD)To fund strategic initiatives, ongoing corporate exigencies, and other purposes approved by the board.
Note: Objectives are as per offer documents. Utilisation may vary.
Source: RHP
For informational purposes only.
SWOT Analysis (Pros & Cons)
Comprehensive analysis of Strengths, Weaknesses, Opportunities, and Threats.
Strengths
- •Fully integrated spinning facility enabling all yarn production stages under one roof.
- •Nearly a decade of industry experience with established long-standing customer relationships.
- •Demonstrated consistent growth in terms of both revenues and profitability.
- •Equipped with modern spinning machinery sourced from reputed international textile machinery manufacturers.
Weaknesses
- •High customer concentration with a major portion of revenue from limited buyers.
- •Significant geographic concentration risk with operations and major revenues derived from Gujarat.
- •High dependence on a limited number of suppliers for procuring cotton bales.
- •Product concentration risk with significant revenue reliant on specific cotton yarn categories.
- •High working capital requirements and past instances of negative operating cash flows.
Opportunities
- •Proposed 4.2 MW wind and 6.1 MW solar power plants for captive consumption.
- •Commissioning of in-house twisting machines to enhance the value-added product portfolio.
- •Growing Indian textile industry projected to reach $350 billion by the year 2030.
Threats
- •Exposure to high price volatility and supply disruptions of raw cotton bales.
- •Intense competition from domestic manufacturers and increasing consumer preference for synthetic textiles.
- •Adverse changes in government policies including minimum support prices and export restrictions.
- •Stringent quality requirements from institutional buyers leading to potential product rejection risks.
IPO Video Analysis (External)
Detailed analysis of Shree Ram Twistex Limited IPO Analysis by market experts.
*Video embedded for convenience. Click the play button to load the content from YouTube.
Disclaimer: This video is shared for informational and educational purposes only. The views expressed are those of the respective creator and do not constitute investment advice.