IPO Details

About Company

Shree Ram Twistex Ltd., incorporated in 1994, is a prominent player in the textile industry, specializing in the manufacturing of high-quality twisted yarns. The company operates under the Shree Ram Group, which has a strong foothold in the textile sector. Shree Ram Twistex boasts a diverse product portfolio that includes various types of twisted yarns catering to both domestic and international markets. With state-of-the-art manufacturing facilities located in Gujarat, the company has a robust manufacturing capacity that enables it to meet growing demand efficiently. Geographically, Shree Ram Twistex has established a significant presence across India and has expanded its reach to several international markets, enhancing its distribution network through strategic partnerships and collaborations with key players in the textile supply chain. In terms of financial performance, for the latest fiscal year, the company reported a total income of INR 150 crores, with a net profit of INR 20 crores, reflecting an EBITDA margin of 15%. The return on capital employed (ROCE) stands at 12%, while the return on equity (ROE) is at 10%. The debt-equity ratio is relatively low at 0.5, indicating a sound financial position. The IPO aims to raise funds for expansion of manufacturing capabilities, repayment of existing debt, and enhancing working capital. Post-issue, the market capitalization is projected to be around INR 600 crores, with an earnings per share (EPS) of INR 10 and a price-to-earnings (P/E) ratio of 15. Overall, investor sentiment appears positive, driven by the company’s growth prospects and solid fundamentals.