Shree Ram Twistex IPO Subscribed 0.75 Times on Day 2

Shree Ram Twistex Limited's initial public offering (IPO) recorded an overall subscription of 0.75 times by 5:04 PM on Day 2 (February 24, 2026). The ₹110.24 crore book-build issue, priced at ₹95–₹104 per share, received bids for 79,80,624 shares against 1,06,00,000 shares on offer, with total applications reaching 23,161.

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Subscription Status of Shree Ram Twistex IPO:

Here are the subscription details for Shree Ram Twistex IPO as of Day 1 (February 23, 2026, 5:24:40 PM):

Key Highlights – Day 2

• Overall subscription reached 0.75 times on Day 2 (February 24, 2026), showing improvement from Day 1's 0.12 times.
• Retail investors led participation with strong subscription at 3.46 times, building substantially from Day 1's 0.97 times, indicating healthy retail demand for this textile IPO.
• Non-institutional investors showed strong interest at 2.70 times, surging from Day 1's 0.12 times, with bNII at 2.61 times and sNII at 2.87 times.
• Qualified institutional buyers (ex-anchor) recorded negligible participation at 0.00 times, unchanged from Day 1, indicating absent institutional interest ahead of the final day.
• Total applications stood at 23,161 on Day 2.

Key Highlights – Day 1

• Overall subscription reached 0.12 times on Day 1 (February 23, 2026), reflecting subdued initial investor interest.
• Retail investors showed the strongest opening participation at 0.97 times, indicating near-full retail subscription on Day 1.
• Non-institutional investors recorded weak interest at 0.12 times on Day 1.
• Qualified institutional buyers (ex-anchor) showed negligible participation at 0.00 times, indicating absent institutional interest on the opening day.

About Shree Ram Twistex Limited

Incorporated and headquartered in Gondal, Rajkot, Gujarat, Shree Ram Twistex Limited manufactures cotton yarns including Compact Ring Spun and Carded Yarns, both Combed and Carded, used in knitting and weaving for products such as denim, terry towels, shirting, sheeting, sweaters, socks, and home textiles. The company also offers value-added yarns including Eli Twist, Compact Slub Yarns, and Lycra-Blended Yarns. Operating on a B2B model, it supplies to textile manufacturers, garment exporters, and fabric processors across Gujarat, Rajasthan, West Bengal, Maharashtra, Tamil Nadu, Madhya Pradesh, and Punjab, as well as international markets. Its manufacturing facility houses 17 compact ring-spinning machines with a total spindle count of 27,744.