Shree Ram IPO Day 3 LIVE: GMP Hits Record High, Listing Pop Could Cross 12%
The Shree Ram IPO story is capturing strong attention on Day 3 of its subscription period as grey market premiums (GMP) hit record levels, pointing to solid listing gains for investors. As of February 25, the Shree Ram Twistex IPO GMP reached ₹13.5 per share, signaling a potential listing pop of nearly 13% above the IPO’s upper price band of ₹104. This strong grey market sentiment has fueled buzz on Dalal Street about the stock’s debut when it lists on exchanges.
With the public issue entering its final day of bidding, investors and stock market watchers are closely monitoring subscription patterns, GMP trends, and expected listing behavior.
Shree Ram IPO Subscription and Market Response
The Shree Ram IPO opened on February 23, 2026, and will close for subscription on February 25, 2026. The public issue aims to raise ₹110.24 crore entirely through a fresh issue of 1.06 crore equity shares. The price band for the IPO was fixed between ₹95 and ₹104 per share, with a minimum application size of 144 shares.
As of the second day of bidding, the IPO had achieved around 75% of the overall subscription, with the retail portion and non-institutional investor quotas showing stronger demand compared with qualified institutional buyers (QIBs). Retail participation has been strong, indicating confidence among individual investors.
While official subscription figures vary slightly among sources, the overall momentum on Day 3 suggests that investor appetite is growing as GMP data gains positive signals.
Grey Market Premium Signals Attractive Listing Gains
Grey market premiums are often used by market participants to gauge how strongly an IPO might list on stock exchanges. A high GMP typically suggests that unlisted shares are trading at a premium compared with the IPO price due to expected demand on the listing day.
On the third day of subscription, the Shree Ram IPO GMP reached approximately ₹13.5. This means unlisted shares of Shree Ram Twistex are trading near ₹117.5 in the grey market, implying a possible listing pop of close to 12.98% over the IPO’s upper price of ₹104.
This is the highest GMP recorded so far for this IPO, indicating that investor sentiment and aftermarket expectations have strengthened since the issue opened. Even though GMP is unofficial and speculative, it reflects market enthusiasm and perceived listing demand.
What Is Driving the Positive Sentiment?
Investors’ interest in the Shree Ram IPO has several contributing factors. First, the company’s financial profile and growing revenues have attracted attention. Its revenue and profitability have shown improvement over recent years, which gives confidence to investors watching primary market opportunities.
Second, the textile industry where Shree Ram Twistex operates remains an important part of India’s manufacturing landscape. The company’s focus on cotton yarn production and renewable energy initiatives aligns with broader economic trends.
Third, positive grey market movement often generates additional interest, as investors anticipate listing gains. Although GMP should not be treated as formal advice, historical trends show that high GMP can amplify retail investor interest in a primary share sale.
IPO Financial Strength and Business Overview
Before investing in any IPO, stock research should include an understanding of the company’s business and financial performance. Shree Ram Twistex Limited is a textile manufacturing company that produces cotton yarn products used in apparel, home textiles, and industrial fabrics.
According to IPO details, the company has reported steady growth in revenue and net income over recent years. Figures show that revenue from operations expanded over time, supporting the company’s capacity and efficiency gains.
Additionally, the company’s plans to use IPO proceeds include expanding renewable energy infrastructure, strengthening working capital, and reducing debt obligations. These objectives, if executed well, could support future performance and valuation after listing.
Expected Allotment and Listing Timeline
The Shree Ram IPO subscription window ends on February 25, 2026. Following the close of bidding, the allotment process is expected to be finalized by February 26, 2026. Once allotment details are confirmed, refunds to non-allottees and credit of shares to successful applicants’ demat accounts will follow.
The tentative listing date for Shree Ram Twistex shares is scheduled for March 2, 2026 on both the BSE and the National Stock Exchange of India. Market participants will be closely watching for listing price behavior and trading volumes, as these often reflect broader sentiment about the primary market’s strength.
Risks and Considerations for Investors
Despite the optimism around GMP and expected gains, investors should approach any IPO with careful analysis. Grey market premiums are driven by sentiment and short-term demand, not guaranteed performance. Many IPOs with high GMP have sometimes underperformed on listing day compared with expectations.
Additionally, the Shree Ram IPO’s subscription data shows that while retail and non-institutional demand has been strong, QIB participation remained weak as of the latest update. Institutional interest is often seen as a signal of confidence from larger, professional investors.
Stock research in the primary market should also consider industry trends, company fundamentals, long-term growth outlook, and expected allocation structures before making investment decisions.
What Investors Are Watching Now
With the subscription period ending soon, investors are watching GMP trends closely. A rising GMP is often interpreted as a sign of strong aftermarket demand, especially when it moves higher day-over-day as it has for Shree Ram IPO.
Retail investors want to see how subscriptions firm up, especially in the final hours. Meanwhile, institutional investors and analysts will be reviewing the issue’s allocation and subscription statistics to form expectations for the listing day.
Ultimately, any decision to apply should be based on thorough research and personal investment goals rather than speculative primary market enthusiasm.
Frequently Asked Questions
A high grey market premium suggests strong expected demand for the shares on listing day, potentially leading to a listing pop of more than 12%.
The allotment is expected on February 26, 2026, and the IPO is tentatively scheduled to list on the BSE and NSE on March 2, 2026.
No. GMP is an informal indicator based on market sentiment and should be used along with comprehensive stock research before applying to an IPO.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.