Shreedhar Spinners IPO
GMP, Subscription, Price, Dates & Financial Details
Textile
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…
Open Date
Tue, 23 Jun 2026
Close Date
Thu, 25 Jun 2026
Price Band
₹ 50 – 53
Lot Size
2000
Issue Size
₹ 31.00 Cr
Minimum Investment
₹ 212,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Shreedhar Spinners IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹31.00 Crore, comprising a fresh issue of 54.02 Lakh equity shares aggregating to ₹29.00 Crore.
The Shreedhar Spinners IPO remained open for subscription from June 23, 2026, to June 25, 2026. The basis of allotment was finalized on June 29, 2026, and the company's shares were listed on NSE SME Platform on July 01, 2026.
The company had fixed the price band at ₹50 to ₹53 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹212,000 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Shreedhar Spinners Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Shreedhar Spinners IPO Timeline (Tentative)
- IPO Open Date
- Tue, 23 Jun 26
- IPO Close Date
- Thu, 25 Jun 26
- Basis of Allotment
- Mon, 29 Jun 26
- Initiation of Refunds
- Tue, 30 Jun 26
- Credit of Shares to Demat
- Tue, 30 Jun 26
- Listing Date
- Wed, 01 Jul 26 — NSE & BSE
Open Date
23 June 2026
Close Date
25 June 2026
Basis Of Allotment
29 June 2026
Listing Date
01 July 2026
IPO Subscription
Check Live Subscription →The Shreedhar Spinners IPO has received bids for 2,57,42,000 shares against 37,84,000 shares offered, resulting in an overall subscription of 6.8x. the NII category is subscribed 15.06x, Retail Investors 5.71x, and QIBs 2.51x. Within the NII category, BNII is subscribed 18.65x, while SNII is subscribed 7.86x.
QIB
2.51x
NII
15.06x
BNII
18.65x
SNII
7.86x
RII
5.71x
Total
6.8x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 18,92,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 10,80,000 shares (28.54%), while Non-Institutional Investors (NIIs) receive 8,12,000 shares (21.46%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 1,080,000 | 28.54% |
| Non-Institutional | 812,000 | 21.46% |
| BNII | 541,334 | 14.31% |
| SNII | 270,666 | 7.15% |
| Retail Investors | 1,892,000 | 50% |
| Total | 3,784,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 172.12 | 102.32 | 92.28 |
| Revenue | 146.55 | 134.43 | 126.35 |
| Profit After Tax | 6.17 | 3.42 | 3.35 |
| Net Worth | 29.76 | 20.34 | 16.92 |
| Reserve & Surplus | 14.11 | 5.34 | 1.92 |
| Total Borrowings | 115.9 | 65.31 | 62.11 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Shreedhar Spinners Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 24.64 | 18.33 | 21.99 |
| ROCE % | 9.34 | 11.36 | 12.78 |
| Debt / Equity | 3.89 | 3.21 | 3.67 |
| RoNW % | 20.74 | 16.79 | 19.81 |
| Pat Margin % | 4.22 | 2.54 | 2.66 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Shreedhar Spinners Ltd | 10 | 0.00 | 4.03 | 4.03 | 20.74 | 19.01 |
| AB Cotspin India Ltd | 10 | 33.69 | 6.06 | 6.06 | 8.65 | 69.15 |
| Siddhi Cotspin Ltd | 10 | 6.39 | 4.38 | 4.38 | 7.08 | 55.82 |
About Shreedhar Spinners Limited
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.
Shreedhar Spinners IPO Promoters
- Shreedhar Cotsyn Private Limited
- Dharmendra Mohandas Goyal
- Vishal Agarwal
- Sunita Dharmendra Goyal
- Pooja Agarwal
- Varesh Goyal
Promoters Holding
Holding Pre Issue
96.55%
Holding Post Issue
70.48%
Shreedhar Spinners IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding incremental working capital requirements of our Company
- Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra
- General corporate purposes
Shreedhar Spinners Limited Address / Contact Details
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
Shreedhar Spinners IPO Lot Size
The Shreedhar Spinners IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹2,12,000 by applying for 2 lot (4,000 shares). The maximum application allowed for the retail category is 2 lots (4,000 shares), requiring an investment of ₹2,12,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | 212,000.00 |
| Retail (Max) | 2 | 4,000 | 212,000.00 |
| S-HNI (Min) | 3 | 6,000 | 318,000.00 |
| S-HNI (Max) | 9 | 18,000 | 954,000.00 |
| S-HNI (Max) | 10 | 20,000 | 1,060,000.00 |
Issue Reservation
- QIB — 28.54%
- NII — 21.46%
- RII — 50%
Book Running Lead Managers
- MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Shreedhar Spinners IPO?
Shreedhar Spinners IPO is a Book-building IPO with a total issue size of ₹31 crore. The Shreedhar Spinners IPO price band is ₹50 to 53 per share. The Shreedhar Spinners IPO subscription opens on Tue, Jun 23, 2026, and closes on Thu, Jun 25, 2026. The Shreedhar Spinners IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Shreedhar Spinners IPO.
When will the Shreedhar Spinners IPO open for subscription?
The Shreedhar Spinners IPO opens on Tue, Jun 23, 2026 and closes on Thu, Jun 25, 2026
What is Shreedhar Spinners IPO Price Band?
Shreedhar Spinners IPO Price Band is ₹50 to 53 per share.
What is Shreedhar Spinners IPO Lot Size?
Shreedhar Spinners IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹212000 based on the upper price band
What is the minimum investment for Shreedhar Spinners IPO?
The minimum investment for Shreedhar Spinners IPO is ₹212000, based on one lot of 2000 shares at the upper price band of ₹53 per share.
How to apply for Shreedhar Spinners IPO?
Investors can apply for the Shreedhar Spinners IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jun 25, 2026. The application amount remains blocked until the Shreedhar Spinners IPO allotment is finalized.
What is Shreedhar Spinners IPO Issue Size?
Shreedhar Spinners IPO issue size is ₹31 crores.
What is the Shreedhar Spinners IPO Allotment Date?
Shreedhar Spinners IPO allotment date is Mon, Jun 29, 2026.
Who is the Shreedhar Spinners IPO Registrar?
The registrar for Shreedhar Spinners IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Shreedhar Spinners IPO allotment status, refund processing, and other IPO-related information.
What is the Shreedhar Spinners IPO GMP?
The Shreedhar Spinners IPO GMP (Grey Market Premium) is ₹0 as of Wed, Jul 1, 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 0.00% over the issue price.
Who is the Shreedhar Spinners IPO Lead Manager?
The book-running lead managers (BRLMs) for the Shreedhar Spinners IPO are MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Shreedhar Spinners IPO Red Herring Prospectus (RHP).