Shree Ram Twistex IPO Day 3 Update

IPO Details

• Listing Dates: The public issue opened on 23 February 2026 and will remain open until 25 February 2026.
• Price Band: The company has announced the IPO price band of ₹95 to ₹104.
• IPO Size: The company aims to raise ₹110 crore through the issuance of fresh shares.
• Listing: The public issue has been proposed for listing on the BSE and the NSE.
• Listing Date: The most likely date for share listing is 2 March 2026.

Subscription Status

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• By 10:48 AM on day three of bidding, the public issue was subscribed 3.29 times.
• The retail portion was booked 9.67 times.
• The NII segment was filled 15.48 times.

Grey Market Premium

• The company's shares are available at a premium of ₹9 in the grey market today.

Registrar and Allotment

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• Bigshare Services has been appointed the official registrar of the public offer.
• The most likely date for share allotment is 26 February 2026.

Investor Review

• Master Capital Services has assigned a 'subscribe' tag to the public issue, citing the company's presence in the B2B segment, established customer relationships, and strategically located manufacturing facility.
• Swastika Investmart has assigned an 'avoid' tag to the public issue, citing the IPO valuation at around 29x-30x P/E, which factors in most of the future growth, and limited near-term upside compared to cheaper listed peers.