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Shreedhar Spinners IPO Details

SS

IPO Overview

Price Band ₹51–₹53
Lot Size 2000 shares
Min Investment Min ₹106000
Total Subscription 6.7 times
Status Listed

Lot Size

Application Lots Shares Amount
Individual investors (IND) (Min) 2 4000 212000
Individual investors (IND) (Max) 2 4000 212000
S-HNI (Min) 3 6000 318000
S-HNI (Max) 9 18000 954000
B-HNI (Min) 10 20000 1060000

IPO Tentative Timetable

IPO Open Date Jun 23, 2026
IPO Close Date Jun 25, 2026
Allotment Date Jun 29, 2026
Refund Initiation Jun 30, 2026
Listing Date Jul 01, 2026

IPO Detail

Face Value ₹10 per share
Price Band ₹51 to ₹53
Lot Size 2,000 Shares
Sale Type Fresh capital only
Issue Type Bookbuilding IPO
Listing At NSE SME
Total Issue Size 57,88,000 shares (agg. up to ₹31 Cr)
Reserved for Market Maker 3,86,000 shares (agg. up to ₹2 Cr)Mansi Share & Stock Broking Pvt.Ltd.
Fresh Issue (Ex Market Maker) 54,02,000 shares (agg. up to ₹29 Cr)
Net Offered to Public 54,02,000 shares (agg. up to ₹29 Cr)
Share Holding Pre Issue 1,56,50,000 shares
Share Holding Post Issue 2,14,38,000 shares

Valuations

E P S (₹) 2.88
P/ E (x) 18.41
Promoter Holding 70.48%

Company Financials (In Crore)

Period Ended Assets Total Income Profit After Tax E B I T D A N E T Worth Reserves And Surplus Total Borrowing
31 Mar 2026 172.12 146.55 6.17 17.62 29.76 14.11 115.90
31 Mar 2025 102.32 134.43 3.42 13.11 20.34 5.34 65.31
31 Mar 2024 92.28 126.35 3.35 13.41 16.92 1.92 62.11

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
S. No. Objects Of The Issue Expected Amount (in Crores)
1 Funding incremental working capital requirements of the Company 21.04
2 Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra 4.95
3 General Corporate Purposes
Total 25.98

About Company

Incorporated in December 2020, Shreedhar Spinners Limited is a cotton yarn manufacturing company engaged in the production of 100% compact spun cotton yarn with counts ranging from Ne 10s to Ne 40s. The company operates a modern spinning facility located in the Amravati Textile Park, Maharashtra, with an installed production capacity of 10,000 MT per annum and 28,608 spindles.

The company manufactures cotton yarn suitable for both knitting and weaving applications, catering to diverse end-use sectors such as apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics, and industrial textiles. Operating exclusively in the B2B segment, Shreedhar Spinners supplies its products to textile manufacturers, exporters, traders, and fabric processors, primarily across Maharashtra.

The company sources raw cotton from local ginners, traders, and the Cotton Corporation of India (CCI) and benefits from its strategic location in the cotton-rich Vidarbha region. It is certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards and maintains a dedicated quality control team supported by advanced testing equipment and contamination control systems.

Shreedhar Spinners is led by promoters Dharmendra Mohandas Goyal and Vishal Agarwal, both Chartered Accountants with over 25 years of textile industry experience.

As of April 30, 2026, the company employed 164 personnel across production, engineering, quality control, administration, and management functions.

Key Strengths:

  • Manufacturer of compact spun cotton yarn with a capacity of 10,000 MT per annum.
  • Modern spinning infrastructure with 28,608 spindles.
  • Strong and long-standing customer relationships across the textile industry.
  • Strategic location in the cotton-rich Vidarbha region ensuring raw material availability.
  • ISO-certified quality, environmental, and safety management systems.
  • Dedicated in-house quality control and testing facilities.
  • Cost-efficient production and timely order fulfillment capabilities.
  • Fully integrated spinning operations supported by modern technology.

Promoters
  • Shreedhar Cotsyn Private Limited, Dharmendra Mohandas Goyal, Vishal Agarwal, Sunita Dharmendra Goyal, Pooja Agarwal and Varesh Goyal

Shreedhar Spinners IPO Details — Frequently Asked Questions

What is Shreedhar Spinners IPO?
Shreedhar Spinners IPO is a SME Initial Public Offering where the company raises capital by offering shares to the public. On this page you can find the price band (₹51–₹53), lot size, issue size, tentative dates, company financials, and other key details about the Shreedhar Spinners IPO.
What is the price band of Shreedhar Spinners IPO?
The price band for Shreedhar Spinners IPO is ₹51–₹53. Investors can bid within this range during the subscription period. The final issue price is typically set at the upper end of the band when the IPO is oversubscribed.
What is the lot size and minimum investment for Shreedhar Spinners IPO?
The market lot size for Shreedhar Spinners IPO is 2000 shares shares. Retail investors need a minimum investment of approximately Min ₹106000 (one lot at the upper price band) to apply for this IPO.
When will Shreedhar Spinners IPO open and close for subscription?
Shreedhar Spinners IPO subscription is scheduled to open on Jun 23 and close on Jun 25. Investors can apply through their broker or bank using UPI or ASBA during this window.
What is the issue size of Shreedhar Spinners IPO?
The total issue size of Shreedhar Spinners IPO is 57,88,000 shares (agg. up to ₹31 Cr). This includes the fresh issue and offer for sale components as disclosed in the Red Herring Prospectus (RHP).
When is the Shreedhar Spinners IPO listing date?
The tentative listing date for Shreedhar Spinners IPO on the stock exchange (NSE/BSE) is Jul 01 2026. After allotment, shares are credited to your Demat account and trading begins on the listing day.
Is Shreedhar Spinners a Mainline IPO or SME IPO?
Shreedhar Spinners is classified as a SME IPO. SME IPOs are listed on the NSE Emerge or BSE SME platform with a lower minimum application size compared to mainboard IPOs.
How can I apply for Shreedhar Spinners IPO?
To apply for Shreedhar Spinners IPO, open your broker app or bank net banking, select the IPO section, choose Shreedhar Spinners IPO, enter your bid quantity (in lots of 2000 shares shares), select a price within ₹51–₹53, and authorize payment via UPI or ASBA. A Demat account and PAN card are mandatory.

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