Shree Ram Twistex Submits Monitoring Agency Report for IPO Proceeds

Shree Ram Twistex Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as required by SEBI regulations. The report, issued by CRISIL RATINGS LIMITED, details the utilization of proceeds from the company's Initial Public Offer (IPO). The utilization was found to be different from the original objects stated in the offer document but in line with changes approved by shareholders, with a deviation of up to 10%. The IPO, which took place from February 23-25, 2026, raised ₹11,024.00 lakh in gross proceeds, with net proceeds of ₹10,523.55 lakh after offer expenses.