How to Check Shree Ram Twistex IPO Allotment Status Scheduled for February 26?

Shree Ram Twistex IPO is set to finalise its share allotment on Thursday, February 26, following a robust response from investors. On the third and final day of bidding, February 25, the IPO saw overwhelming interest, being subscribed 43.66 times overall.

The mainboard issue attracted bids for over 46.28 crore shares against 1.06 crore shares on offer. Investor participation varied across categories: the retail portion was subscribed 76.63 times, Non-Institutional Investors (NIIs) booked their quota 220.3 times, and Qualified Institutional Buyers (QIBs) subscribed 3.94 times.

Shree Ram Twistex IPO Details

• Total Issue Size: ₹110.24 crore
• Type: Fully fresh issue of 1.06 crore equity shares
• Price Band: ₹95 – ₹104 per share
• Subscription Opened: February 23
• Share Credit: February 27 to Demat accounts of successful applicants
• Refunds: February 27 for unsuccessful applicants
• The IPO is expected to list on the NSE and BSE on Monday, March 2.

According to the draft prospectus, the company plans to deploy the IPO proceeds for:

• Setting up a 6.1 MW solar power plant and a 4.2 MW wind power plant for captive use
• Loan repayment and working capital requirements
• General corporate purposes

How to Check Shree Ram Twistex IPO Allotment Status?

Investors can check their allotment status on the BSE, NSE, and the issue registrar, Bigshare Services Pvt Ltd.

On BSE

1. Visit the BSE IPO allotment page.
2. Select ‘Equity’ under Issue Type.
3. Choose ‘Shree Ram Twistex Ltd’ from the dropdown.
4. Enter your IPO application number or PAN.
5. Complete the verification and click ‘Search’.

On NSE

1. Visit the NSE IPO allotment page.
2. Select ‘Equity & SME IPO Bid Details’.
3. Choose ‘SRTL’ under Select Symbol.
4. Enter your application number and PAN.
5. Click ‘Submit’.

On Bigshare Services

1. Go to the Bigshare IPO allotment page.
2. Select one of the server links.
3. Under Select Company, pick ‘Shree Ram Twistex’.
4. Under Select Selection Type, choose Application Number, Beneficiary ID, or PAN.
5. Enter the captcha and click ‘Search’.

Also Read: Clean Max Enviro Energy IPO Allotment Status: Here is How to Check on NSE and BSE

About Shree Ram Twistex

Shree Ram Twistex is a manufacturer of a wide range of cotton yarns, including compact ring-spun and standard carded variants, offered in both combed and carded categories. Its yarns cater to knitting and weaving applications, and are used across products such as denim, terry towels, shirting, sheeting fabrics, sweaters, socks, bottom wear, home furnishings, and industrial textiles.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.