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Shreedhar Spinners IPO Details

23 June - 25 June 2026 Closed
SME NSE

The Shreedhar Spinners IPO is a book build issue with a total issue size of ₹31 cr, comprising of fresh issue of 5402000 equity shares. Shreedhar Spinners IPO opened for subscription on Jun 23, 2026 and closed on Jun 25, 2026. Shreedhar Spinners IPO is set price band at ₹50 to ₹53 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹212,000.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Jun 29, 2026, and listed on the NSE on Jul 01, 2026.

MUFG Intime India Private Limited has been appointed as the registrar. MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED are the Book Running Lead Manager for the issue.

Before investing in the Shreedhar Spinners IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 50 – 53
Lot Size
2000
Issue Size
₹31 Cr
Minimum Investment
₹212000 (4000 Shares)
Listing Date
01 July 2026

Current GMP

₹0 (0.00%)

Open Date 23 June, 2026
Close Date 25 June, 2026
Market Cap -
Industry Textile
Sector Textile
Subscription 6.8x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

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

  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%

Shreedhar Spinners IPO Objective

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 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.

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 per share.

Shreedhar Spinners IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹212000 based on the upper price band

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.

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.

Shreedhar Spinners IPO issue size is ₹31 crores.

Shreedhar Spinners IPO allotment date is Wed, Jul 1, 2026.

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.

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% over the issue price.