Shree Ram Twistex IPO
Open Date
23 Feb 2026
Close Date
25 Feb 2026
Open Date
23 Feb 2026
Close Date
25 Feb 2026
Min Investment
Lot Size
Issue Size
Price Range
Subscribed

Founded In
2013
CEO
Jay Atulbhai Tilala
Financials of Shree Ram Twistex IPO
| Key Performance Indicators | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Operating Revenue | 213.10 | 231.59 | 255.04 |
| Other Income | 0.48 | 0.13 | 1.27 |
Total Income | 213.58 | 231.72 | 256.32 |
Total Expenses | 208.67 | 222.10 | 246.64 |
| Profit Before Tax | 4.91 | 9.63 | 9.37 |
Total Profit | 2.05 | 6.55 | 7.99 |
All figures are in crores (₹)

Utilisation of Proceeds
All figures are in crores (₹)
| Purpose | Amount |
|---|---|
| The company proposes to establish a ground-mounted solar power plant for captive consumption to reduce reliance on grid electricity, improve long-term cost efficiency, and align with national energy mandates and global sustainability goals. | 22 |
| The company proposes to install a wind power project for captive consumption to supplement solar power generation, ensuring round-the-clock renewable power availability and contributing towards achieving energy self-sufficiency. | 39 |
| The company proposes to utilize funds towards full or partial repayment or pre-payment of certain borrowings availed from SIDBI to reduce outstanding indebtedness and debt servicing costs. | 15 |
| The company proposes to meet working capital requirements to support anticipated growth and ensure uninterrupted business operations, particularly for procurement of raw materials and day-to-day operations. | 44 |
| The company proposes to deploy the balance proceeds towards general corporate purposes including strategic initiatives, ongoing corporate exigencies, and other purposes as approved by the Board, subject to regulatory compliance. | - |

- Fully integrated spinning infrastructure with modern technologies to support a diversified and value added product portfolio: The company operates a fully integrated spinning manufacturing facility with compact ring spinning technology, advanced machinery from Switzerland, Germany, and Italy, and five dedicated storage facilities with 9,855 MT capacity.
- Long standing relationships with key customers and are supported by a network of brokers and agents: The company has established relationships with institutional customers like Welspun Living Limited and Jindal Worldwide Limited, serving 36 customers with 6 key customers associated for more than four years, generating 59.47% revenue from repeat customers.
- Strategically located manufacturing facility with adequate storage facility and scope for future expansion: The company's manufacturing facility spans 29,947 sq. m in Gondal, Rajkot, Gujarat with built-up area covering only 33.95% of total land, providing ample scope for future expansion and strategic connectivity through National Highway 47.
- Track Record of healthy growth: The company demonstrated revenue growth from ₹6,278.65 lakhs in Fiscal 2017 to ₹23,159.12 lakhs in Fiscal 2024, with profit after tax growing from ₹(225.06) lakhs to ₹655.25 lakhs during the same period.
- Strong Promoters and Experienced Management Team: The company is led by Promoter-Directors Bhaveshbhai Bhikhubhai Ramani and Jay Atulbhai Tilala, supported by experienced personnel including Kamleshbhai Rambhai Patel with over three decades of textile industry experience.

