Shree Ram Twistex Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Shree Ram Twistex Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹104
Per ShareLot Size
144 Shares
Minimum Investment
₹14,976
Issue Size
₹110.24 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
10%
QIB Quota
75%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Shree Ram Twistex Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
47.07%
Promoter Holding (Post-Issue)
34.59%
Issue Type
Book Building
ISIN
INE19GK01015
About the Company
We are engaged in the manufacturing of Cotton Yarns, including Compact Ring Spun and Carded Yarns, both Combed and Carded. Our product range also includes value-added yarns such as Eli Twist (Combed and Carded), Compact Slub Yarns, and Lycra-Blended Yarns. Our Yarns are used in both knitting and weaving, serving a broad range of end-use segments such as denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics.
Industry Overview
India ranks as the 6th largest exporter of textiles and apparel globbaly, with the sector, including handicrafts, accounting for a significant 8.21% of the country's total exports in 2023-24. India holds a 3.91% share in the global textile and apparel trade. The USE and the European Union are the primary export destinations, collectively making up approximately 47% of India's total textile and apparel exports. India's textile industry is currently valued at $174 billion and is projected to reach $350 billion by 2030. Employing over 45 million people and producing approximately 22 billion garments annually, the sector holds 4.5% share in global textile trade and ranks fifth globally in production. While challenges such as demand fluctuations and competitive pressures persist, the industry's focus on sustainability, innovation, and government-backed initiatives presents a pathway for long-term growth and resilience.
Company History
Our Company was originally incorporated as a limited company in the name of `Shree Ram Twistex Private Limited' vide certificate of incorporation dated December 31, 2013, issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Upon the conversion of our Company to a public limited company, pursuant to a resolution passed by our Board dated July 1, 2024 and a special resolution passed by our Shareholders dated July 26, 2024, the name of our Company was changed from `Shree Ram Twistex Private Limited' to `Shree Ram Twistex Limited' and a fresh certificate of incorporation dated September 18, 2024, was issued by the Registrar of Companies, Central Processing Centre.
Products & Services
- The Company is engaged in the manufacturing of Cotton Yarns, including Compact Ring Spun and Carded Yarns, both Combed and Carded.
Growth Strategy
- Setting up Ground mounted solar power plant and windmill for captive use.
- Working capital optimization.
- Maintain and expand long-term relationships with customers and brokers.
- Operational Efficiency and Manufacturing Excellence.
- Focus on rationalizing our indebtedness.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of up to 1,06,00,000 equity shares of Rs.10/- each of Shree Ram Twistex Limited ("the Company" or the "Issuer") for cash at a price of 104 per equity share (including a securities premium of Rs. 94 per equity share) ("Issue Price") aggregating up to Rs. 110.24 crores ("the Issue"). The issue will constitute [*]% of the post-issue paid-up equity share capital. Price Band: Rs. 104 per equity share of face value Rs.10/- each. The floor price is 10.4 times of the face value of the equity shares. Bids can be made for a minimum of 144 equity shares and in multiples of 144 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Fully integrated spinning infrastructure with modern technologies to support a diversified and value added product portfolio.
- Long standing relationships with key customers and are supported by a network of brokers and agents.
- Strategically located manufacturing facility with adequate storage facility and scope for future expansion.
- Track Record of healthy growth.
- Strong Promoters and Experienced Management Team.
- A major portion of its revenue from operations is dependent upon a limited number of customers and the loss of any of these customers or loss of revenue from any of these customers could have a material adverse effect on the company's business, financial condition, results of operations and cash flows.
- The company's Manufacturing Facility and Registered Office are located in Gujarat, and a significant portion of its revenue is also derived from this state. As a result, the company is exposed to geographic concentration risks that may adversely affect its operations, financial condition, and results of operations.
- The company is dependents on a limited number of suppliers for procurement of cotton bales, the company's principal raw material, and any disruption in supply or adverse movement in cotton prices may materially affect its business, results of operations, and financial condition.
- The company is subject to stringent quality requirements from its institutional buyers and end-use industries. Any failures to meet prescribed quality specifications may result in product rejections, loss of customer confidence, and reputational damage, which could adversely affect its business and results of operations.
- If the company is unable to accurately forecast customer demand and maintain optimal inventory levels of cotton bales and finished yarn, the company's business, results of operations, and financial condition may be adversely affected.