Shreedhar Spinners IPO
Shreedhar Spinners Limited · Textiles
- Issue price
- ₹53per share
- Issue size
- ₹30.68 Cr57,88,000 shares
- Face value
- ₹10per equity share
- Lot size
- 4,000 sharesMin. ₹2.12 L at the upper price
- Anchor biddingMon, 2026
- OpensTue, 2026
- ClosesThu, 2026
- AllotmentTue, 2026Refunds and Demat credit same day
- ListingWed, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue
- Fresh issue
- 57,88,000 shares (₹30.68 Cr)
- Offer for sale
- None
- Total issue
- 57,88,000 shares (₹30.68 Cr)
- Market maker portion
- 3,86,000 shares
- Face value
- ₹10
- Listing at
- NSE Emerge
Source: ProspectusUpdated
Reservation
Share of the total issue- QIB46.6%
- Retail32.7%
- NII14.0%
- Market maker6.7%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 18,92,000 | 35.02% | 35% |
| Non-institutional investors (NII) | 8,12,000 | 15.03% | 15% |
| Qualified institutional buyers (QIB) | 26,98,000 | 49.94% | 50% |
| Market maker | 3,86,000 | — | — |
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2025-26- EPS (basic)
- ₹4.03
- NAV per share (March 31, 2026)
- ₹19.01
- RoNW
- 20.74%
- P/E (FY 2025-26 at issue price)
- 13.15×
- Debt to equity
- 3.89
Source: ProspectusUpdated
Financials
Standalone, restated · ₹ crore| Period ended | 31 Mar 2026FY 2025-26 | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 |
|---|---|---|---|
| Revenue from operations | 146.37 | 134.27 | 126.14 |
| Total income | 146.55 | 134.43 | 126.35 |
| EBITDA | 17.62 | 13.11 | 13.41 |
| Profit after tax | 6.17 | 3.42 | 3.35 |
| Net worth | 29.76 | 20.34 | 16.92 |
| Reserves and surplus | 14.11 | 5.34 | 1.92 |
| Total assets | 172.12 | 102.32 | 92.28 |
| Total borrowing | 115.90 | — | — |
FY 2025-26 vs FY 2024-25: revenue +9.0%, profit after tax +80.7%.
Source: ProspectusUpdated
About the company
The company manufactures compact cotton spun yarn in a textile park facility in Amravati, Maharashtra, and sells it on a business-to-business basis to textile manufacturers, exporters, traders and fabric processors. It was originally a private limited company incorporated in 2020 and was converted into a public limited company in 2025.
- Incorporated
- 2020
- Industry
- Textiles
- CIN
- U17299MH2020PLC351591
- Website
- shreedharspinners.com
Source: ProspectusUpdated
Promoters and shareholders
| Name | Before issue | After issue |
|---|---|---|
| Shreedhar Cotsyn Private Limited | — | — |
| Vishal Agarwal | 1.12% | — |
| Dharmendra Mohandas Goyal | 0.70% | — |
| Varesh Goyal | 0.27% | — |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Funding incremental working capital requirements | 21.04 |
| Purchase of machineries for existing Amravati facility | 4.95 |
| General corporate purposes | 1.63 |
Source: ProspectusUpdated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Shreedhar Spinners LimitedIssuer | ₹4.03 | 13.15× | 20.74% | ₹19.01 |
| AB Cotspin India Limited | ₹6.06 | 33.69× | 8.65% | ₹69.15 |
| Siddhi Cotspin Limited | ₹4.38 | 6.39× | 7.08% | ₹55.82 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Long-standing relationships with a broad base of textile industry customers
- Integrated cotton spinning operations with a large manufacturing facility in Amravati
- Promoters and management with long experience in textiles
- Locational advantage close to Vidarbha's cotton-producing region
- Quality certifications and in-house testing capability
Risks
- Dependence on a single operating facility at Amravati
- Revenue heavily concentrated in Maharashtra
- High debt-to-equity ratio and lender covenants restrict flexibility
- Significant share of revenue historically from related parties
- Promoter shareholding is pledged against financing arrangements
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹53) appear here after the shares list on NSE Emerge.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Shreedhar Spinners IPO open and close?
According to the Prospectus, the issue opens on Tuesday, 23 June 2026 and closes on Thursday, 25 June 2026. These dates are tentative.
What is the Shreedhar Spinners IPO price band?
The final issue price is ₹53 per share.
What is the lot size of the Shreedhar Spinners IPO?
One lot is 4,000 shares, which is ₹2.12 L at ₹53 per share.
Where will Shreedhar Spinners shares list?
On NSE Emerge. The tentative listing date is Wednesday, 1 July 2026.
Who is the registrar of the issue?
MUFG Intime India Private Limited (SEBI registration INR000004058). Allotment status is checked on the registrar's website.
How do I check the Shreedhar Spinners IPO allotment status?
The basis of allotment is expected to be finalised on Tuesday, 30 June 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (MUFG Intime India Private Limited). Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹21.04 Cr for funding incremental working capital requirements, ₹4.95 Cr for purchase of machineries for existing Amravati facility, ₹1.63 Cr for general corporate purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.