Shree Ram Twistex Limited IPO

Shree Ram Twistex manufactures cotton yarns, including Compact Ring Spun and Carded Yarns, both Combed and Carded. The yarns are used in both knitting and weaving for various products, such as denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics.
It also offers value-added yarns, like Eli Twist (Combed and Carded), Compact Slub Yarns, and Lycra-Blended Yarns.
The company operates on business-to-business (B2B) model - supplying products to textile manufacturers, garment exporters, bulk purchasers and fabric processors. It sells products across states, including Gujarat, Rajasthan, West Bengal, Maharashtra, Tamil Nadu, Madhya Pradesh, and Punjab, as well as the union territory of Dadra and Nagar Haveli, and also export internationally.
Its manufacturing facility is located in Gondal, Rajkot, Gujarat, with 17 compact ring-spinning machines with a total spindle count of 27,744. The company also has five (5) warehouses, two (2) raw material storage, two (2) for finished goods, and one (1) for general storage, with a combined storage capacity of 9,855 MT.

Funding for setting up of 6.1 MW Solar Power Plant for captive use
Funding for setting up of 4.2 MW Wind Power Plant for captive use
Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company
Funding the working capital requirements of our Company
General corporate purposes