Description
BSE circular detailing the listing of 39,975,000 equity shares of Shree Ram Twistex Limited pursuant to its IPO, including distinctive number ranges, lock-in periods, and demat allocation details.
Summary
BSE has issued this circular detailing the listing of 39,975,000 fully paid equity shares of Shree Ram Twistex Limited pursuant to its IPO. The circular specifies distinctive number ranges for each tranche of shares along with their respective lock-in expiry dates. All shares are held in demat form and were allotted on 17 February 2026.
Key Points
- Total shares listed: 39,975,000 equity shares (fully paid, demat)
- Allotment / listing date: 17 February 2026
- IPO free-to-trade shares: 10,600,000 (distinctive numbers 29,375,001–39,975,000)
- Remaining 29,375,000 shares are subject to lock-in under three different expiry dates
- All shares are held in demat mode; no physical certificates
Regulatory Changes
No new regulatory changes introduced. This circular is a standard listing notification under BSE’s IPO listing framework.
Compliance Requirements
- Locked-in shares must not be traded until the respective lock-in expiry dates
- Depositories and depository participants must enforce lock-in restrictions on the specified distinctive number ranges
- Shareholders holding locked-in shares are required to comply with SEBI (Issue of Capital and Disclosure Requirements) Regulations lock-in provisions
Important Dates
| Tranche | Shares | Distinctive Numbers | Lock-in Expiry |
|---|---|---|---|
| 1 | 1,196,613 | 1 – 1,196,613 | 10 March 2027 |
| 2 | 14,734,512 | 1,196,614 – 15,931,125 | 10 September 2026 |
| 3 | 5,221,320 | 15,931,126 – 21,152,445 | 10 March 2029 |
| 4 | 861,355 | 21,152,446 – 22,013,800 | 10 March 2027 |
| 5 | 818,750 | 22,013,801 – 22,832,550 | 10 September 2026 |
| 6 | 2,773,680 | 22,832,551 – 25,606,230 | 10 March 2029 |
| 7 | 457,570 | 25,606,231 – 26,063,800 | 10 March 2027 |
| 8 | 3,311,200 | 26,063,801 – 29,375,000 | 10 September 2026 |
| 9 (IPO Free) | 10,600,000 | 29,375,001 – 39,975,000 | No lock-in |
- Allotment date: 17 February 2026
- Earliest lock-in expiry: 10 September 2026
- Latest lock-in expiry: 10 March 2029
Impact Assessment
This circular has minimal broader market impact as it pertains solely to the IPO listing mechanics of Shree Ram Twistex Limited. Approximately 26.5% of total shares (10,600,000) are freely tradeable from listing. The remaining 73.5% (29,375,000 shares) are subject to lock-in periods ranging from approximately 7 months to over 3 years, which is standard for promoter and pre-IPO investor holdings. Retail investors who received IPO allotment are unaffected by the lock-in restrictions.
Impact Justification
Routine IPO listing circular for a single company (Shree Ram Twistex Limited) detailing share distinctive numbers and lock-in schedules; no broad market or regulatory impact.