Description

NSE notifies listing of equity shares of Shree Ram Twistex Limited (symbol: SRTL) on the Capital Market segment effective March 02, 2026, under IPO pre-open session category.

Summary

NSE has notified the listing of equity shares of Shree Ram Twistex Limited (symbol: SRTL) on the Capital Market segment, effective March 02, 2026. The listing is pursuant to Regulation 3.1.1 and 2.5.5 of the NSE (Capital Market) Trading Regulations Part A. The security will initially trade in Series ‘BE’ under the IPO pre-open session category before being shifted to Series ‘EQ’.

Key Points

  • Symbol: SRTL
  • Company: Shree Ram Twistex Limited
  • Series: BE* (to be shifted to EQ subsequently)
  • ISIN: INE19GK01015
  • Face Value: Rs. 10/-
  • Paid-up Value: Rs. 10/-
  • Issue Price: Rs. 104/- per share
  • Security Description: Equity shares of Rs. 10/- each, fully paid up
  • Total No. of Securities: 3,99,75,000 (39,975,000)
  • Market Lot: 1
  • Pari Passu: Yes
  • The security will participate in the pre-open session for IPO and Other category scrips per SEBI circulars CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012.

Regulatory Changes

No new regulatory changes. The listing is governed by existing NSE Capital Market Trading Regulations and SEBI circulars CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 (January 20, 2012) relating to pre-open sessions for IPOs.

Compliance Requirements

  • All NSE members must use the designated security codes (SRTL) and prescribed lot size (1) for trading.
  • Trading in Series ‘BE’ initially; members should note the subsequent shift to Series ‘EQ’ per SEBI guidelines.
  • Members must comply with pre-open session rules for IPO category scrips.

Important Dates

  • Circular Date: February 27, 2026
  • Listing Effective Date: March 02, 2026
  • Lock-in Details (selected tranches):
    • 1,196,613 shares: locked until March 10, 2027
    • 14,734,512 shares: locked until September 10, 2026
    • 5,221,320 shares: locked until March 10, 2029
    • 861,355 shares: locked until March 10, 2027
    • 818,750 shares: locked until September 10, 2026
    • 2,773,680 shares: locked until March 10, 2029
    • 457,570 shares: locked until March 10, 2027
    • 3,311,200 shares: locked until September 10, 2026
    • 10,600,000 shares: Free (no lock-in)

Impact Assessment

This is a standard IPO listing notification for Shree Ram Twistex Limited, a Gujarat-based textile company. With an issue price of Rs. 104/- and a total of 3,99,75,000 shares, the IPO represents a moderate-sized listing. Approximately 29,375,000 shares (73.5%) are subject to lock-in periods ranging from September 2026 to March 2029, indicating significant promoter/anchor holding restrictions. Only 10,600,000 shares (~26.5%) are freely tradeable from listing date, which may affect early liquidity. Members and investors should factor in the lock-in schedule when assessing float and trading volumes post-listing.

Impact Justification

Routine IPO listing notification for a small-cap textile company; relevant primarily to investors in Shree Ram Twistex Limited and members trading on NSE's Capital Market segment.