Description

BSE circular detailing the listing of 39,975,000 equity shares of Shree Ram Twistex Limited post-IPO, including distinctive numbers, lock-in periods, and demat status for various tranches.

Summary

BSE has listed the equity shares of Shree Ram Twistex Limited following its IPO. A total of 39,975,000 fully paid equity shares have been admitted to trading in demat form, with allotment date of 17 February 2026. The circular specifies distinctive number ranges, lock-in periods, and free float for each tranche.

Key Points

  • Total shares listed: 39,975,000 equity shares (fully paid, demat)
  • IPO public issue tranche: 10,600,000 shares (distinctive nos. 29,375,001 to 39,975,000) are free — no lock-in
  • Pre-IPO and promoter shares are subject to lock-in periods ranging from 10/09/2026 to 10/03/2029
  • All shares are in demat form; no physical certificates
  • Allotment/listing date: 17 February 2026

Regulatory Changes

No new regulatory changes introduced. This circular is a standard post-IPO listing notice issued under BSE’s listing obligations framework.

Compliance Requirements

  • Lock-in restrictions must be observed by promoters and pre-IPO shareholders as per their respective tranches
  • Shares under lock-in are not transferable until the respective lock-in expiry dates
  • Depository participants and members must ensure trading restrictions are enforced for locked-in tranches

Important Dates

  • Allotment Date: 17 February 2026
  • Lock-in Expiry — Tranche 1 (Short-term): 10 September 2026 (applies to 18,864,462 shares across multiple tranches)
  • Lock-in Expiry — Tranche 2 (Medium-term): 10 March 2027 (applies to 2,515,538 shares across multiple tranches)
  • Lock-in Expiry — Tranche 3 (Long-term): 10 March 2029 (applies to 7,995,000 shares across multiple tranches)
  • Free Float (IPO shares): 10,600,000 shares freely tradeable from listing date

Impact Assessment

The listing of Shree Ram Twistex Limited introduces 10,600,000 IPO shares as free float immediately available for trading. The remaining ~29.4 million shares are subject to varying lock-in periods, which limits near-term selling pressure from promoters and pre-IPO investors. The staggered lock-in expiry schedule (September 2026, March 2027, March 2029) means incremental supply will enter the market over three years. Overall market impact is contained and limited to existing shareholders and new IPO investors of this company.

Impact Justification

Routine post-IPO listing circular detailing share tranches and lock-in schedules; relevant to investors and shareholders of Shree Ram Twistex Limited but has no broader market impact.