MoneyWorks4Me

Shree Ram Twistex gets SEBI’s approval to float IPO

08 Oct 2025 Evaluate

Shree Ram Twistex has received Securities and Exchange Board of India’s (SEBI) approval to raise funds through initial public offering (IPO). The company’s IPO consists of an entirely fresh issue of 1.06 crore equity shares. 

Funds would be used for setting up a 6.1 MW solar power plant, a 4.2 MW wind power plant for captive use, debt payment and working capital requirements. Interactive Financial Services is the book-running lead manager to the issue.

Shree Ram Twistex is a leading manufacturer in the textile industry, specializing in high-quality cotton yarn production. 


Peers
Company Name CMP
Vardhman Textiles 538.60
Welspun Living 216.90
Arvind 516.15
Raymond Lifestyle 571.00
K.P.R. Mill 1101.50
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