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Shreedhar Spinners IPO

Open Sme
NSE 23 June - 25 June 2026
Shreedhar Spinners Limited IPO is a book build issue of 31 Cr. The issue is entirely a fresh issue of 5402000 shares aggregating to 29 Cr. Shreedhar Spinners Limited IPO opened for subscription on Jun 23, 2026 and closed on Jun 25, 2026. The allotment for the this IPO is expected to be finalized on Jun 29, 2026. IPO will list on NSE and BSE with a tentative listing date fixed as Jul 01, 2026. Shreedhar Spinners Limited IPO is set issue price band at ₹50 to ₹53 per share.

Current GMP

₹0 (0.00%)

Price Band

₹ 50 – 53

Lot Size

2000

Issue Size

₹31 Cr

Minimum Investment

₹212000 (4000 Shares)

Listing Date

01 July 2026

Subscription

6.8x

About the Company

Incorporated in December 2020, Shreedhar Spinners Limited is engaged in the manufacturing of premium-quality cotton yarn. The company specializes in the production of 100% compact spun cotton yarn with counts ranging from Ne 10s to Ne 40s, catering to a wide range of textile applications.

The company operates a state-of-the-art spinning facility located in Amravati Textile Park, Maharashtra, equipped with 28,608 spindles and an installed production capacity of 10,000 metric tonnes per annum (MTPA). Its advanced manufacturing infrastructure enables the production of high-quality yarn suitable for both knitting and weaving applications.

Shreedhar Spinners serves diverse end-use industries, including apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics, and industrial textiles. The company operates exclusively in the business-to-business (B2B) segment, supplying its products to textile manufacturers, exporters, traders, and fabric processors, primarily across Maharashtra.

The company procures raw cotton from local ginners, traders, and the Cotton Corporation of India (CCI). Its strategic location in the cotton-rich Vidarbha region provides efficient access to quality raw materials and strengthens supply chain reliability.

Committed to maintaining high standards of quality, environmental responsibility, and workplace safety, Shreedhar Spinners holds certifications under ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System), and ISO 45001:2018 (Occupational Health and Safety Management System). The company is supported by a dedicated quality assurance team and advanced testing and contamination-control systems to ensure consistent product quality.

The company is promoted by Dharmendra Mohandas Goyal and Vishal Agarwal, both Chartered Accountants with more than 25 years of experience in the textile industry. Their expertise and industry knowledge have played a key role in the company's growth and operational excellence.

As of April 30, 2026, Shreedhar Spinners Limited employed 164 personnel across various functions, including production, engineering, quality control, administration, and management, supporting its manufacturing operations and business development initiatives.

Promoters

  1. Shreedhar Cotsyn Private Limited
  2. Dharmendra Mohandas Goyal
  3. Vishal Agarwal 
  4. Sunita Dharmendra Goyal
  5.  Pooja Agarwal
  6. Varesh Goyal
Promoters Holding

Holding Pre Issue

96.55%

Holding Post Issue

70.48%

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Funding incremental working capital requirements of our Company 
  2. Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra 
  3. General corporate purposes 

Address / Contact Info

Shreedhar Spinners Ltd. Address
503, Matharu Arcade
Subhash Road
Vile Parle East,
Mumbai, Maharashtra, 400057
Tel. No: +91 22 4515 8777
Email Id: company.sec@shreedhar.com
Website:http://www.shreedharspinners.com/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 50 – 53
Lot Size2000
Issue TypeBook-building IPO
Sale TypeFresh Capital
Fresh Issue₹ 29.00 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 31.00 Cr
Listing AtNSE
IndustryTextile
SectorTextile
QIB Quota28.54%
BNII Quota14.31%
SNII Quota7.15%
Retail Quota50%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Shreedhar Spinners IPO is a Book-building IPO worth ₹31 crores. The price band is ₹50 to 53 per share. The IPO opens on Tue, Jun 23, 2026 and closes on Thu, Jun 25, 2026. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.

The Shreedhar Spinners IPO opens on Tue, Jun 23, 2026 and closes on Thu, Jun 25, 2026

Shreedhar Spinners IPO Price Band is ₹50 to 53.

Shreedhar Spinners IPO lot size is 2000, and the minimum amount required for application is ₹212000.

The minimum investment for Shreedhar Spinners IPO is approximately ₹212000 based on the upper price band.

To apply for the Shreedhar Spinners IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Jun 25, 2026. After submission, funds are blocked until the basis of allotment of Shreedhar Spinners IPO is finalised.

Shreedhar Spinners IPO issue size is ₹31 crores.

Shreedhar Spinners IPO allotment date is Sat, Jun 27, 2026.

The registrar for Shreedhar Spinners IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Shreedhar Spinners IPO through their official website or helpline.

The Shreedhar Spinners IPO GMP (Grey Market Premium) is ₹0 as of Sat, Jun 27, 2026. Based on the upper price band of ₹53 per share, the estimated Shreedhar Spinners IPO listing price is ₹53, indicating a potential listing gain of approximately 31% over the issue price.