Shree Ram Twistex IPO Subscribed 43.66 Times on Day 3

Shree Ram Twistex Limited's initial public offering (IPO) closed its three-day subscription window on an exceptional note, reaching 43.66 times overall subscription by 5:09 PM on Day 3 (February 25, 2026). The ₹110.24 crore book-build issue, priced at ₹95–₹104 per share, received bids for 46,28,41,632 shares against 1,06,00,000 shares on offer, with total applications reaching 5,63,223.

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Subscription Status of Kiaasa Retail IPO

Category-Wise Subscription Details (Day 3, as of 5:09 PM)

Key Highlights - Day 3:

• Overall subscription reached an exceptional 43.66 times, showing extraordinary improvement from Day 2's 0.20 times for Shree Ram Twistex IPO.
• Retail investors showed exceptional confidence at 76.63 times, building substantially from Day 2's 0.80 times, indicating extraordinary retail demand on the final day.
• Qualified institutional buyers (ex-anchor) recorded 3.94 times, a significant jump from Day 2's 0.00 times, indicating improved institutional appetite on the final day.
• Total applications reached 5,63,223 on Day 3.

Key Highlights - Day 2:

• Overall subscription reached 0.20 times, showing modest improvement from Day 1's 0.12 times.
• Retail investors showed modest participation at 0.80 times, building from Day 1's 0.97 times.
• Qualified institutional buyers (ex-anchor) recorded negligible participation at 0.00 times on Day 2.

Key Highlights - Day 1:

• Overall subscription reached 0.12 times, reflecting subdued initial investor interest in this cotton yarn manufacturing IPO.
• Retail investors showed the strongest opening participation at 0.97 times, indicating near-full retail subscription on Day 1.
• Qualified institutional buyers (ex-anchor) showed negligible participation at 0.00 times on Day 1.

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.