Shree Ram Twistex Shares List at 33-36% Discount Amid Market Volatility

Shree Ram Twistex shares debuted on March 2, 2026, at a significant discount of around 33-36% to their IPO price of Rs 104 on NSE and BSE. Despite the IPO being oversubscribed nearly 44 times, the listing coincided with a broader market downturn amid geopolitical tensions and rising crude prices. The company plans to use IPO proceeds for a wind power plant, debt repayment, and working capital. Shares traded between Rs 67 and Rs 73 shortly after listing.