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Shree Ram Twistex IPO Public Subscription Starts February 23
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Shree Ram Twistex IPO Opens Feb 23: Fresh Issue to Fund Green Energy, Debt Repayment
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Moneycontrol
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16-02-2026, 19:05
Shree Ram Twistex IPO Opens Feb 23: Fresh Issue to Fund Green Energy, Debt Repayment
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Shree Ram Twistex IPO opens for public subscription on February 23, closing February 25.
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The IPO is an entirely fresh issue of 1.06 crore equity shares, with no offer-for-sale component.
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Proceeds will fund a 6.1 MW solar and 4.2 MW wind power plant for captive use, debt repayment, and working capital.
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Rajkot-based cotton yarn manufacturer operates in the B2B segment, supplying textile manufacturers and exporters.
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Company reported strong financials: FY25 profit up 22% to Rs 8 crore, revenue up 10.1% to Rs 255 crore.
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