Upcoming IPO, Feb. 18 -- The initial public offering (IPO) of Shree Ram Twistex, a manufacturer of cotton yarns, is set to open for bidding on Monday, February 23, and will remain available to investors until Wednesday, February 25.

It aims to raise Rs.110.24 crore through this IPO, which is entirely a fresh issue of 1.06 crore shares. The price band for the IPO is fixed at Rs.95- Rs.104 per share.

The minimum lot size for retail investors has been set at one lot, consisting of 144 shares, requiring a minimum investment of Rs.14,976. Investors can apply for a maximum of 13 lots, which requires capital of Rs.1,94,688.

The allotment of the issue is likely to be finalised on February 26, and the shares are scheduled to be listed on both t...