Spinaroo Commercial IPO Details
The Spinaroo Commercial IPO is a fixed price issue with a total issue size of ₹10.17 cr, comprising of fresh issue of 1994000 equity shares. Spinaroo Commercial IPO opened for subscription on Mar 28, 2025 and closed on Apr 03, 2025. Spinaroo Commercial IPO has set the price at ₹51 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹204,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Apr 04, 2025, and listed on both the NSE and BSE on Apr 08, 2025.
Cameo Corporate Services Limited has been appointed as the registrar. Finshore Management Services Limited are the Book Running Lead Manager for the issue.
Before investing in the Spinaroo Commercial 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
- ₹ 51 – 51
- Lot Size
- 2000
- Issue Size
- ₹10.17 Cr
- Minimum Investment
- ₹204000 (4000 Shares)
- Listing Date
- 08 April 2025
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Spinaroo Commercial Limited
Spinaroo Commercial Limited, originally incorporated as Spinaroo Commercial Private Limited in August 2012, was converted to a Public Limited Company in August 2024. The company is primarily engaged in manufacturing products such as Aluminium Foil Containers, Aluminium Home Foil, Paper Cups, Paper Plates, Paper Bowls, and semi-processed materials for paper cups. It also supplies machinery for paper cup production, including High-Speed Paper Cup Making Machines, Flexo Printing Machines, and Automatic Roll Die Cutting Machines.
The company operates two manufacturing facilities located within the Jalan Industrial Complex in Kolkata, West Bengal, offering cost efficiencies and streamlined operations. Spinaroo Commercial ensures high-quality products, using raw materials sourced from trusted vendors and maintaining a strong focus on quality with ISO 9001:2015 certification. The company offers competitive pricing and timely delivery, tailored to client specifications.
Spinaroo's clientele spans 12 states and 2 Union Territories across India, covering regions like West Bengal, Tripura, Chhattisgarh, Bihar, Jharkhand, Assam, Odisha, Delhi, Haryana, Uttar Pradesh, Gujarat, Rajasthan, and the Andaman & Nicobar Islands. It has also made strides in international markets, establishing a presence in Bhutan and planning further global expansion.
With a commitment to continuous improvement, the company invests in modern manufacturing techniques, ensuring efficient production, quality control, and a strong reputation in both domestic and international markets.
Spinaroo Commercial IPO Promoters
- Mr. Amit Sultania
- Mr. Aditya Todi
- Mrs. Mridula Todi
Promoters Holding
Holding Pre Issue
66.67%
Holding Post Issue
47.66%
Spinaroo Commercial IPO Objective
The Objects of the Issue are:
- To meet the Working Capital Requirements
- General Corporate Purposes
Address / Contact Info
Spinaroo Commercial Limited
Jalan Industrial Complex Gate-1,
Right Lane-6, P.O. Jangalpur,
Begri Gram Panchayat,
Howrah-711 411, West Bengal
Phone: +91 96747 03249
Email: compliance@spino.co.in
Website: http://www.spino.co.in/
IPO Snapshot
Book Running Lead Managers
- Finshore Management Services Limited
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.
Spinaroo Commercial IPO is a Fixed price IPO with a total issue size of ₹10.17 crore. The Spinaroo Commercial IPO price band is ₹51 to 51 per share. The Spinaroo Commercial IPO subscription opens on Fri, Mar 28, 2025, and closes on Thu, Apr 3, 2025. The Spinaroo Commercial IPO will be listed on the BSE. Cameo Corporate Services Limited is the registrar for the Spinaroo Commercial IPO.
The Spinaroo Commercial IPO opens on Fri, Mar 28, 2025 and closes on Thu, Apr 3, 2025
Spinaroo Commercial IPO Price Band is ₹51 to 51 per share.
Spinaroo Commercial IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹204000 based on the upper price band
The minimum investment for Spinaroo Commercial IPO is ₹204000, based on one lot of 2000 shares at the upper price band of ₹51 per share.
Investors can apply for the Spinaroo Commercial 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, Apr 3, 2025. The application amount remains blocked until the Spinaroo Commercial IPO allotment is finalized.
Spinaroo Commercial IPO issue size is ₹10.17 crores.
Spinaroo Commercial IPO allotment date is Wed, Jul 1, 2026.
The registrar for Spinaroo Commercial IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check Spinaroo Commercial IPO allotment status, refund processing, and other IPO-related information.