Shree Ram Twistex IPO Enters Day 2: Check GMP, Subscription Details And More

The initial public offering (IPO) of Shree Ram Twistex has entered its second day, attracting considerable attention from investors. Priced between Rs 95 and Rs 104 per share, the IPO has generated a positive sentiment in the grey market, where shares are currently trading at an 8.65% premium. This premium suggests optimistic expectations for the stock's listing performance. Such interest comes amid a broader trend of increasing participation in IPOs in India, as retail investors seek opportunities in the equity market. The subscription details are closely monitored, with market analysts predicting strong demand for the shares. Investors are advised to track the listing closely, as the performance of this IPO could set the tone for future offerings in the market. Shree Ram Twistex, which operates in the textile sector, aims to leverage the growing demand for sustainable and innovative textile solutions, making it a notable entry in the ongoing IPO season.