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Open Date
Feb 23, 2026
Close Date
Feb 25, 2026
Min Investment
₹14,976
Lot Size
144 Shares
Issue Size
₹110.24 Cr
Price Range
₹95 - ₹95
Listing Date
Shree Ram Twistex produces cotton yarns, including Compact Ring Spun and Carded Yarns, both Combed and Carded. The yarns are used in both knitting and weaving for various products, such as denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. It also provides value-added yarns, such as Eli Twist (Combed and Carded), Compact Slub Yarns, and Lycra-Blended Yarns.The company follows a business-to-business (B2B) model - supplying products to textile manufacturers, garment exporters, bulk buyers, and fabric processors. The products are sold across various states, including Gujarat, Rajasthan, West Bengal, Maharashtra, Tamil Nadu, Madhya Pradesh, and Punjab, as well as the union territory of Dadra and Nagar Haveli, and also export to other countries. Its manufacturing unit is based in Gondal, Rajkot, Gujarat, with 17 compact ring-spinning machines with a total spindle number of 27,744. The company also has five (5) warehouses, two (2) for raw material storage, two (2) for finished goods storage, and one (1) for general storage, with a total storage capacity of 9,855 MT.
Revenue Growth
Sotefin Bharat
| Companies Name | Open - Close | Issue Size | Min. Qty | Issue Price | Apply |
|---|---|---|---|---|---|
Sotefin Bharat SME | 16th Jul 2026 - 20th Jul 2026 | 89.76 Cr | 600 Shares | ₹ 178.00 | |
Caliber Mining & Logistics Mainboard | 17th Jul 2026 - 21st Jul 2026 | 450.00 Cr | 35 Shares | ₹ 402.00 |
Mar 2, 2026
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Earning Expansion
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They’ll use IPO funds for a 6.1 MW solar plant and ₹39 cr for a 4.2 MW wind plant. The company will use ₹14.89 crore for repayment of certain borrowings availed by the company. The company will use ₹44 crore for funding working capital requirements. IPO funds for corp needs, expenses & future growth.
Capital expenditure
42.14%
Repayment of borrowings
13.5%
Working Capital
40%
General corporate purposes
4.32%
They’ll use IPO funds for a 6.1 MW solar plant and ₹39 cr for a 4.2 MW wind plant.
The company will use ₹14.89 crore for repayment of certain borrowings availed by the company.
The company will use ₹44 crore for funding working capital requirements.
IPO funds for corp needs, expenses & future growth.
Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).
In Cr.
| Key Performance Indicator | 30-Sep-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|---|
| Revenue | 132.27 | 256.32 | 231.72 | 213.58 |
| EBITDA | 17.04 | 21.85 | 20.19 | 17.40 |
| Expenses | ||||
| Profit After Tax | 7.00 | 8.00 | 6.55 | 2.05 |
| Assets | 217.44 | 194.20 | 154.30 | 135.71 |
| Net Worth | 80.70 | 74.03 | 66.80 | 61.11 |
| Reserves | 51.33 | 44.66 | 37.42 | 49.36 |
| Borrowing | 60.70 | 62.48 | 67.04 | 55.70 |
Bhaveshbhai Bhikhumbhai Ramani
Jay Atulbhai Tilala
Nidhi Bhaveshbhai Kothari
47.07%
N/A
Shree Ram Twistex
566P1, Umwada Road Near Bajrang Cotspin, Gondal, Rajkot, Gujarat, 360311
Bigshare Services Pvt.Ltd.
The company, as of September 30, 2025, had 45 customers under its service, and their scalability reach was made possible via a lean sales model facilitated by 8 third-party brokers. Repeat customers accounted for 20.09% of the revenue in H1FY26 and for 45.69% in FY25, indicating very strong client stickiness and long-term relationships. Being in association for a long time with major players like Welspun Living Limited and Jindal Worldwide Limited, the company enjoys enhanced visibility and a steady flow of orders.
The manufacturing facility is situated on a plot of land of approximately 29,947 sq. m., of which 10,167.94 sq. m. (33.95%) is the built-up area, which means that the facility currently has a capacity for 9,855 MT per annum installed capacity, but there is still a lot of space for future expansion. The plant is in Rajkot, Gujarat, and it is close to cotton sourcing clusters, ginning units, and skilled labour. As a result, the procurement efficiency will improve.
Cotton bales are the main raw material and accounted for 66-76% of the revenue from FY23 to FY25, with the cost of raw materials reaching ₹176.31 crore in FY24. Supplier concentration is high, with the top 5 suppliers accounting for 81.72%% of purchases in H1FY26, and procurement is largely undertaken on a spot or short-term basis. Fluctuation of cotton prices, cotton shortage, or cotton quality issues will lead to lower margins and affect the consistency of the product.
A significant portion of the revenues comes from only a few yarn categories, mainly carded yarn and ELI twist yarn, which together accounted for 54.02% of the revenue in H1FY26, ~81% in FY25, and ~86% in FY24. Carded yarn alone accounted for 51.34% of revenue in FY25 and has been consistently over 48% during FY23FY25. A decrease in demand, price pressure, or margin compression in these core yarn segments will have an outsized effect on the total revenues.