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Shree Ram Twistex IPO Sees Overwhelming Demand on Final Day: Subscribed 43x, NII 220x, Retail 75x
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Shree Ram Twistex IPO Subscribed 43.5 Times on Final Day, NIIs Lead with 220x
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Moneycontrol
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25-02-2026, 16:09
Shree Ram Twistex IPO Subscribed 43.5 Times on Final Day, NIIs Lead with 220x
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Shree Ram Twistex IPO saw overwhelming demand, subscribed 43.5 times on its final day of bidding.
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Non-institutional investors (NII) segment led the subscription with 220.1 times, showing aggressive participation.
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Retail individual investor (RII) portion was subscribed 75.1 times, reflecting strong conviction.
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Qualified institutional buyer (QIB) category subscribed 3.9 times, driven mainly by foreign institutional investors.
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The Rs 110.24 crore IPO proceeds will fund renewable energy projects, including solar and wind power plants.
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