Explore how Shree Ram Twistex Ltd.’s IPO performed on its opening day, including investor participation, price band details, key dates, and the step-by-step process to apply through ASBA or UPI.
The Shree Ram Twistex Ltd. IPO opened for subscription on February 23, 2026, marking the company’s entry into the primary market. The issue is listed on the NSE & BSE (Mainboard) platform and is structured as a book-building issue.
The IPO is a fresh issue aggregating to ₹110.24 crore, offering a total of 1,06,00,000 equity shares. The shares are priced in the range of ₹95 to ₹104 per share, with a face value of ₹10 per share.
The Shree Ram Twistex Ltd. IPO opened to a muted response on its first day of bidding, with limited participation across most investor categories. Retail investors showed early traction, while institutional interest remained subdued.
As of 23 February 2026 (23:56 IST), the IPO was subscribed 0.10× overall. Retail participation led the bidding activity, whereas Qualified Institutional Buyers (QIBs) and the Others category did not record significant bids on the first day.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
0.00× |
Retail Individual Investors (RII) |
0.87× |
Non-Institutional Investors (NII) |
0.08× |
Others |
N.A. |
Total |
0.10× |
The opening day trend reflects early engagement from retail participants, with expectations of stronger institutional activity in the coming days.
On the second day of bidding, the Shree Ram Twistex Ltd. IPO witnessed steady improvement in investor participation, with the overall subscription reaching 0.48×. Retail investors continued to lead the response, while Non-Institutional Investors (NIIs) showed moderate traction. Qualified Institutional Buyers (QIBs) remained absent on Day 2.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
0.00× |
Retail Individual Investors (RII) |
2.65× |
Non-Institutional Investors (NII) |
1.40× |
Total |
0.48× |
The trend indicates strong retail demand crossing the fully subscribed mark in its category, while NII participation continued to build gradually. Institutional participation is expected to pick up closer to the closing day.
On Day 3, the Shree Ram Twistex Ltd. IPO witnessed robust demand, with the issue subscribed 23.79× overall. Strong interest across all investor categories significantly boosted subscription levels.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
1.69× |
Retail Individual Investors (RII) |
47.85× |
Non-Institutional Investors (NII) |
118.26× |
Total |
23.79× |
The IPO saw exceptional participation from retail and NII segments, resulting in a strong overall oversubscription on the closing day.
The price band for the IPO is fixed between ₹95 and ₹104 per share, with a face value of ₹10 per share. The minimum application size is 1 lot comprising 144 shares. At the upper price band of ₹104 per share, the minimum investment works out to: 144 × ₹104 = ₹14,976
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
Retail (Min) |
1 |
144 |
₹14,976 |
S-HNI (Min)* |
14 |
2,016 |
₹2,09,664 |
B-HNI (Min)* |
67 |
9,648 |
₹10,03,392 |
For detailed insights about the company, issue particulars, and the latest updates, visit the Shree Ram Twistex IPO on Bajaj Markets.
| Event | Date | Details |
|---|---|---|
IPO Open Date |
February 23, 2026 |
Issue opens for subscription |
IPO Close Date |
February 25, 2026 |
Final day to submit bids |
Basis of Allotment |
February 26, 2026 |
Finalisation of share allotment |
Initiation of Refunds |
February 27, 2026 |
Refunds begin for unallotted investors |
Credit of Shares to Demat |
February 27, 2026 |
Shares credited to successful applicants |
Listing Date |
March 2, 2026 |
Shares to debut on NSE & BSE |
Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.
Investors can apply for the IPO through ASBA (Application Supported by Blocked Amount) via net banking or through UPI-based applications offered by broker platforms.
This is a convenient and secure method where your application amount stays blocked until shares are allotted.
Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘Shree Ram Twistex Ltd. IPO’ from the available list.
Enter your preferred bid quantity and price.
Confirm and submit your application.
The bid amount will remain blocked in your account until allotment.
Upon allotment, the amount will be debited, and shares credited to your Demat account.
You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.
Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
Navigate to the IPO section and select ‘Shree Ram Twistex Ltd. IPO’.
Enter your application details including number of lots and price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).
Funds will be debited only upon share allotment.
Once allotted, shares will be credited directly to your Demat account.
You can also check other Upcoming Ipo’s here: Upcoming IPO
The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner