Shree Ram Twistex IPO Allotment Finalized Ahead of March 2 Listing with Grey Market Discount

Shree Ram Twistex's IPO, priced at Rs 104 per share with a total issue size of Rs 110.24 crore, received strong investor interest, closing with a 43.66 times subscription. The retail segment was subscribed 76.63 times, and non-institutional investors showed significant demand. The IPO allotment has been finalized, and listing is scheduled for March 2. However, grey market premiums suggest the stock may debut at a discount of around 19-20% to the issue price, reflecting market sentiment but not guaranteed outcomes.