Image Source : Univest
Shree Ram Twistex Limited, a cotton yarn manufacturer, has launched its ₹110.24 crore IPO today, February 23, 2026. The issue, priced between ₹95–₹104 per share, will remain open until February 25. Grey market premium (GMP) trends suggest moderate listing gains, with proceeds earmarked for renewable energy projects and debt repayment
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Shree Ram Twistex Limited has officially opened its maiden initial public offering (IPO) for public subscription. The company, known for its cotton yarn manufacturing, aims to raise ₹110.24 crore through a fresh issue of 1.06 crore shares.
Key Highlights
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IPO Size: ₹110.24 crore (entirely fresh issue).
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Price Band: ₹95–₹104 per share.
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Lot Size: 144 shares per lot; minimum retail investment ₹14,976.
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Subscription Window: February 23–25, 2026.
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Allotment & Listing: Allotment expected on February 26; listing tentatively on March 2, 2026 (BSE & NSE).
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Use of Proceeds: Investment in solar and wind power projects for captive use, debt repayment, and working capital needs.
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Grey Market Premium (GMP): Currently indicates moderate listing gains, hovering around ₹4–₹5.
Sources: Business Standard, The Economic Times, IPO Watch
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