The initial public offering of **Shree Ram Twistex Limited** concluded its bidding phase on **February 25, 2026**, drawing a massive response from the investment community. The **₹110.24 crore** issue was oversubscribed **43.66 times** by the final day, reflecting a sharp surge in demand during the closing hours. Retail investors led the charge with a subscription rate of **76.63 times**, while Non-Institutional Investors (NIIs) showed even greater aggression, booking their portion a staggering **220.3 times**. Qualified Institutional Buyers (QIBs) also participated steadily, with their segment subscribed **3.94 times**. The price band for the fresh issue was set between **₹95 and ₹104** per share. Following the strong bidding cycle, the basis of allotment is expected to be finalized today, **February 26, 2026**. The Grey Market Premium (GMP) has shown significant recovery. Earlier concerns of a negative premium have dissipated, with the shares now commanding a premium of approximately **₹14** over the upper price band. This indicates a projected listing price of **₹118**, suggesting a potential debut gain of nearly **13.5%**. The company intends to deploy the net proceeds toward long-term operational efficiency. Key allocations include **₹22.23 crore** for a **6.1 MW** solar power plant and **₹39 crore** for a **4.2 MW** wind power plant. Additionally, **₹14.89 crore** is earmarked for debt repayment, alongside **₹44 crore** for working capital requirements. Financially, the textile manufacturer reported a total income of **₹256.32 crore** for the fiscal year ending **March 2025**, with a profit after tax of **₹8 crore**. For the first half of the current fiscal ending **September 2025**, the company has already recorded a profit of **₹7 crore**, signaling a notable margin expansion as it transitions toward captive renewable energy sources. The shares are tentatively scheduled to list on both the **BSE** and **NSE** on **March 2, 2026**. This listing comes at a time when the broader SME and mid-cap markets are seeking stability after a volatile start to the year.