Shree Ram Twistex IPO allotment date LIVE: Step-by-step guide to check status; here's what GMP hints about listing

The company derives a major part of its revenue from a limited number of customers, and the loss of any of these customers or a reduction in revenue from them could have a material adverse effect on its business, financial condition, results of operations, and cash flows.

According to the RHP, the top 10 customers accounted for 90% of total revenue during the nine-month period ended December 31, 2024.

Non institutional investors showed strong interest in the Shree Ram Twistex IPO, cumulatively bidding for 35.02 crore shares — 220.30 times higher than the 15.9 lakh shares allotted to them — resulting in total bids worth ₹3,642 crore.

During the three-day bidding period between February 23 and 25, the mainboard IPO managed to attract bids worth ₹4,813 crore — 43.66 times higher than its offer size of ₹110.24 crore — with non-institutional investors placing bids worth ₹3,642 crore.

Although the IPO received a muted response during the first two days of bidding, it gathered momentum during the final day, with the subscription rate reaching 43.66 times. The IPO closed the first day with a subscription rate of 0.12 times and 0.20 times on the second day.

Shree Ram Twistex IPO allotment date LIVE: If you have applied for the Shree Ram Twistex IPO, you can do a Shree Ram Twistex IPO allotment status check immediately on the website of the IPO registrar, Bigshare Services Pvt Ltd - https://ipo.bigshareonline.com/ipo_status.html

Step 1

To enter your login information directly, go to the Bigshare website at https://ipo.bigshareonline.com/ipo_status.html

- This link pertains to the IPO allocation for Shree Ram Twistex IPO.

Step 2

Select "Shree Ram Twistex IPO" from the options presented.

Step 3

Choose either "PAN Number, Beneficiary ID, or Application No./CAF No."

Step 4

Just click on "Search." You can check your Shree Ram Twistex IPO on a computer or your mobile device.

Shree Ram Twistex IPO allotment date LIVE: The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

1 Funding for setting up of 6.1 MW Solar Power Plant for captive use

2 Funding for setting up of 4.2 MW Wind Power Plant for captive use 39.00

3 Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company 14.89

4 Funding the working capital requirements of our Company 44.00

5 General corporate purposes

Shree Ram Twistex IPO allotment date LIVE:

1. Setting up Ground mounted solar power plant and windmill for captive use.
2. Working capital optimization
3. Maintain and expand long term relationships with customers and brokers
4. Operational Efficiency and Manufacturing Excellence
5. Focus on rationalizing indebtedness

Shree Ram Twistex IPO allotment date LIVE: For the fiscal year 2025, Shree Ram Twistex reported a total income of ₹256 crore, an increase from ₹232 crore in the fiscal year 2024. The profit after tax (PAT) rose to ₹8 crore, up from ₹6.55 crore the previous year, while EBITDA grew to ₹22 crore, compared to ₹20 crore earlier.

As of September 2025, the company showed total income of ₹132 crore and a PAT of ₹7 crore. Its EBITDA margin significantly increased to 12.9% in FY25 from 8.57% in FY24, while the PAT margin slightly improved to 3.14% from 2.83%, reflecting better operational efficiency and profitability.

Shree Ram Twistex IPO allotment date LIVE: Shree Ram Twistex produces cotton yarns, which include both compact ring spun and carded options, with varieties that are either combed or carded. Their products are utilized in various knitting and weaving applications, such as denim, terry cloth, shirting, sheeting, sweaters, socks, bottom wear, and home textiles.

The company also manufactures specialty yarns, including Eli Twist, compact slub yarns, and Lycra-blended yarns. It operates under a B2B model, providing textile manufacturers, garment exporters, bulk buyers, and fabric processors in several states, such as Gujarat, Rajasthan, Maharashtra, Tamil Nadu, and West Bengal, along with international markets.

The manufacturing facility is situated in Gondal, Rajkot, Gujarat, featuring 17 compact ring-spinning machines and a total spindle count of 27,744. In addition, the company manages five warehouses with a cumulative storage capacity of 9,855 MT.

Shree Ram Twistex IPO allotment date LIVE: Step 1

Visit the official NSE website to check the allotment status of the Shree Ram Twistex IPO online - https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp

Step 2

To create an account on the NSE platform, click on the 'Click here to sign up' link and enter your PAN.

Step 3

Enter your username, password, and fill in the captcha verification code.

Step 4

Check the IPO allotment status on the page that opens.

Shree Ram Twistex IPO allotment date LIVE: The initial public offering (IPO) involves a new issuance of 1.06 crore shares, with a price range set between ₹95 and ₹104 per share. The proceeds from the IPO will be utilized to establish a 6.1 MW solar power facility and a 4.2 MW wind power facility for internal consumption, settle certain debts amounting to approximately ₹14.89 crore, and support working capital needs of ₹44 crore.

Transitioning to in-house renewable energy is anticipated to reduce power expenses, which are a crucial factor in spinning operations.

Shree Ram Twistex IPO allotment date LIVE: If you have applied for the Shree Ram Twistex IPO, you can do a Shree Ram Twistex IPO allotment status check immediately on the website of the IPO registrar, Bigshare Services Pvt Ltd - https://ipo.bigshareonline.com/ipo_status.html

Step 1

To enter your login information directly, go to the Bigshare website at https://ipo.bigshareonline.com/ipo_status.html

- This link pertains to the IPO allocation for Shree Ram Twistex IPO.

Step 2

Select "Shree Ram Twistex IPO" from the options presented.

Step 3

Choose either "PAN Number, Beneficiary ID, or Application No./CAF No."

Step 4

Just click on "Search." You can check your Shree Ram Twistex IPO on a computer or your mobile device.

Shree Ram Twistex IPO allotment date LIVE: The public offering of cotton yarn manufacturer Shree Ram Twistex Ltd was subscribed 43.66 times on the last day of the share sale on Wednesday.

The IPO, valued at ₹110.24 crore, received bids for 46,28,41,632 shares compared to the 1,06,00,000 shares available, according to data from the NSE.

The non-institutional investor category saw an astonishing subscription rate of 220.30 times. The portion allocated for Retail Individual Investors (RIIs) garnered 76.63 times subscription, while Qualified Institutional Buyers (QIBs) received 3.94 times subscription.

Shree Ram Twistex IPO allotment date LIVE: Key details

Shree Ram Twistex IPO allotment date LIVE: Shree Ram Twistex IPO GMP is -8. Considering the upper end of the IPO price band and the current discount in the grey market, the estimated listing price of Shree Ram Twistex shares is indicated as ₹96 apiece, which is 7.69% lower than the IPO price of ₹104.

Considering the grey market activities from the past 14 sessions, today's IPO GMP indicates a trend toward a discount, suggesting a likely discount listing. The minimum GMP recorded is ₹-8.00, while the maximum GMP is ₹13.50, as per expert opinions.

'Grey market premium' indicates investors' readiness to pay more than the issue price.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.