Shree Ram Twistex IPO allotment: Check status online on NSE, BSE, Bigshare Services; listing date, time here

Shree Ram Twistex IPO: The basis of allotment of the Shree Ram Twistex IPO will be finalised on Thursday, February 26. Investors who have applied for the initial public offering can check bid finalisation details on the websites of the NSE, the BSE and the registrar, Bigshare Services.

During the bidding period, the initial share sale saw a strong response from investors with a total subscription of 43.66 times. It secured bids for 46,28,41,632 shares as against 1,06,00,000 shares on offer, according to the BSE data.

The offer, with a price band of ₹95 to ₹104 per share, aimed to raise ₹110.24 crore via solely a fresh issuance of 1.06 crore equity shares.

The company will use the proceeds to set up wind and solar power plants, repay debt, meet working capital requirements and for corporate general purposes.

Shree Ram Twistex is engaged in manufacturing cotton yarns. The yarns are utilised in both knitting and weaving for a range of products, such as denim, shirting, sheeting, sweaters, terry towels, socks, home textiles, bottom wear and industrial fabrics.

Shree Ram Twistex IPO allotment date and time

Shree Ram Twistex IPO allotment status will likely be finalised on Thursday, February 26, by late evening.

How to check Shree Ram Twistex IPO allotment status online on NSE

• Open NSE's IPO allotment status page in your browser: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Choose ‘Equity & SME IPO bid details’
• From the 'Select Symbol' dropdown list, choose ‘SRTL’
• Add your Permanent Account Number (PAN) and application number
• Click on the 'Submit' button

Steps to check Shree Ram Twistex IPO allotment status online on BSE

• Open BSE's IPO allotment page: https://bseindia.com/investors/appli_check.aspx
• Issue type should be kept as 'Equity'
• Pick ‘Shree Ram Twistex Ltd’ from the list of public offers
• Mention your IPO application number or PAN card details
• Press the ‘Search’ button

Shree Ram Twistex IPO allotment status online on Bigshare Services; full steps

• Go to this link: www.bigshareonline.com/ipo_Allotment.html
• Click on any one of three servers available
• Choose 'Shree Ram Twistex Ltd' from the public offers
• Fill in details like PAN, beneficiary ID or application number
• Hit the ‘Search’ button

Shree Ram Twistex IPO listing date and time

Shares of Shree Ram Twistex Ltd will debut on the NSE and the BSE on Monday, March 2, at 10 am.

Shree Ram Twistex IPO GMP

According to investorgain.com and media reports, Shree Ram Twistex's unlisted shares are trading at ₹96, reflecting a grey market premium (GMP) of -5.77% against the upper price band of ₹104.