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Shreedhar Spinners IPO: Date, Price, GMP, Details

Shreedhar Spinners IPO

Summary
This blog explains the essential details of the Shreedhar Spinners IPO, including its date, price, GMP, and other details.

It is offering a fresh issue of 57,88,000 shares for the public; the subscription period is fixed from 23 June to 25 June 2026.

The Retail investors are required to apply for at least 2 lots of shares, each lot includes 2,000 shares.

The Shreedhar Spinners IPO is launching a book-built issue that is offering a total of 57,88,000 shares, with each share carrying a face value of ₹10. The primary objective of raising the IPO funds is to enhance the company’s working capital and increase the number of machinery units to improve overall production. 

The bidding period of the IPO will remain open from 23 June 2026 to 25 June 2026. The allotment of shares is expected to be on or around 29 June 2026, and the expected date for listing of shares is to be held on 1 July 2026 at the NSE SME.

Shreedhar Spinners IPO- Key Details

The following table includes the key details of the Shreedhar Spinners IPO.

Subscription Open 23 June 2026
Subscription Close25 June 2026
Face value₹10 a share
Price Band₹50 to ₹53 per share
Issue price_
IPO Lot Size2,000 shares (The minimum individual application is 2 lots or 4000 shares)
Fresh issue57,88,000 equity shares
Issue Type Book-building type
Listing atNSE SME
Total Issue Size (₹ Crore)_

Shreedhar Spinners IPO- Timeline

The mentioned table includes the timelines of the Shreedhar Spinners IPO.

Bid Opening Date23 June 2026
Bid Closing Date25 June 2026
Allotment of Shares29 June 2026
Initiation of Refunds30 June 2026
Shares Credited to Demat30 June 2026
Tentative Date for Listing1 July 2026
Cut-off time for UPI mandate confirmation25 June 2026, 5:00 PM

Shreedhar Spinners IPO- KPIs

The table shows the Key Performance Indicators of the Shreedhar Spinners IPO.

KPIs31-03-202631-03-202531-03-2024
ROE (%)24.6418.3321.99
ROCE (%)9.3411.3612.78
Debt-Equity Ratio (in times)3.893.213.67
RoNW (%)20.7416.7619.81
PAT Margin (%)4.222.542.66
EBITDA Margin (%)12.049.7610.63

Shreedhar Spinners IPO- Financials

The table mentioned below includes the financial information of the Shreedhar Spinners IPO.

31-03-202631-03-202531-03-2024
Revenue14,654.7113,442.6012,635.16
Total Asset17,211.9710,231.579,227.88
Profit617.14341.53335.20

(Amount in ₹ Lakhs)

Shreedhar Spinners IPO- Subscription Status

Subscription Details Not Yet Available

Subscription information will be displayed once the bidding process starts.

Bidding begins from 10:00 AM to 5:00 PM on usual public issue days.

Shreedhar Spinners IPO- Grey Market Premium (GMP)

The GMP session of the Shreedhar Spinners IPO started on 17 June 2026. 

GMP DateGMPEst. Listing priceEst. ProfitLast Updated
18-06-2026₹0₹53 (00.00%)₹018-06-2026, 12:31
17-06-2026₹0₹53 (00.00%)₹017-06-2026, 23:32

The grey market premium (GMP) is the premium amount investors are willing to pay for the issues in the unofficial market. 

Shreedhar Spinners IPO- Reservation

The given table shows the reservations for the Shreehdar Spinner IPO. Apart from the shares reserved for market makers, i.e., 3,86,000 shares, the QIBs are offered 26,98,000 shares, the NIIs are offered 8,12,000 shares, and the remaining shares are offered to retail investors.

Investor CategoryOffered No. of SharesNet issue (%)Total issue(%)
Market maker3,86,000_6.67%
QIBs26,98,00049.94%46.61%
NIIs8,12,00015.03%14.03%
Retails18,92,00035.02%32.69%
Total57,88,000_100%

Shreedhar Spinners IPO- Lot Sizes

The details of the Shreedhar Spinners IPO lot size is given below.

ApplicationLotSharesAmount 
Individual Investor IND (Min)24,000₹2,12,000
Individual Investor IND (Max)24,000₹2,12,000
S-HNI (Min)36,000₹3,18,000
S-HNI (Max)918,000₹9,54,000
B-HNI (Min)1020,000₹10,60,000

Shreedhar Spinners IPO Anchor Investors

Bidding Date22 June 2026
Offered Shares16,18,000
Anchor Proportion (in crores)_
Anchor lock-in-period closing for 50% shares (30 days)2026
Anchor lock-in-period closing for remaining shares (90 days)2026

Shreedhar Spinners IPO Prospectus

The prospectus of Shreedhar Spinners IPO is given below.

DRHP
RHP

About Shreedhar Spinners Ltd

Shreedhar Spinners Ltd. is a manufacturing company incorporated in December 2020 that engages in the production of cotton yarn. The company primarily manufactures 100% cotton yarn and offers products across a wide range of Ne 10s to Ne 40s. It specialises in manufacturing yarn suitable for both knitting and weaving applications. It provides raw materials for a range of apparel manufacturers, producing denim, weather, shirts, socks, industry textiles, etc.

Shreedhar Spinners Ltd. is a B2B company operating in Maharashtra, serving a diverse range of businesses, such as textile manufacturers, traders, exporters, and fabric processors. 

Promoters: Shreedhar Cotsyn Pvt. Ltd., Dharmendra Mohandas Goyal, Sunita Dharmendra Goyal, Vishal Agarwal, Pooja Agarwal, and Varesh Goyal.

Lead ManagerMarwadi Chandarana Intermediaries Brokers Pvt. Ltd.
RegistrarMUFG Intime India Pvt. Ltd.

Objectives of Shreedhar Spinners Ltd

The objectives of Shreedhar Spinners IPO are highlighted below.

ParticularsAmount (in Lakhs)
To enhance company’s working capital2,103.60
To purchase machineries for manufacturing facility in Maharashtra494.77
General Corporate Purpose_
Total_

Strength of Shreedhar Spinners Ltd

The strengths of The Shreedhar Spinners Ltd. are given below.

  1. The company has a big manufacturing unit with 28,608 spindles that produces 10,000 MT a year.
  2. The company’s financial performance and profitability have shown balanced growth in the last three years.
  3. Shreedhar Spinners Ltd. caters to a wide range of customers, which helps minimise concentration risk associated with relying on a single customer segment. 
  4. The manufacturing company is strategically located in Maharashtra, where cotton can be procured easily. It ensures smooth procurement of raw materials, eliminating procurement and transportation costs.

Risks of Shreedhar Spinners Ltd

The risks associated with the Shreedhar Spinners Ltd. are mentioned below.

  1. Most of the funding is utilised in the working capital of the company, which makes it a capital-intensive company.
  2. The textile industry is highly influenced by economic conditions, climatic conditions, demands, supplies, and global trade trends. Any fluctuations in these factors may adversely affect the entire industry.
  3. The main raw material of Shreedhar Spinners Ltd. is cotton. Any change in the price or supply of cotton can affect the operations.

Shreedhar Spinners IPO Review

The Shreedhar Spinners Ltd. operates in a B2B market in the textile industry. It shows a gradual growth in its financial performance and profitability based on the mentioned years. It uses modern manufacturing facilities to provide high-quality products to its customers.  

The company plans to utilise IPO funds to procure more machinery to enhance its production and increase its working capital. However, investors must evaluate the details before making an investment.

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Shreedhar Spinners IPO FAQs

What is the Shreedhar Spinners IPO?

Shreedhar Spinners IPO is an NSE SME book-building issue through which the company aims to raise approximately ₹30.68 crore. The IPO consists entirely of a fresh issue of 57.88 lakh equity shares with no offer-for-sale component.

How to apply for the Shreedhar Spinners IPO?

Investors can apply for the Shreedhar Spinners IPO through their stockbroker’s investment platform or website.

Is the Shreedhar Spinners IPO good or bad?

Shreedhar Spinners Ltd. plans to utilize the IPO proceeds for working capital requirements and machinery purchases. Investors should evaluate the company’s financial performance, industry outlook, valuation, and associated risks before making an investment decision.

When will the Shreedhar Sinners IPO open?

The Shreedhar Spinners IPO will open for subscription on 23 June 2026 and close on 25 June 2026.

What is the lot size of the Shreedhar Spinners IPO?

The minimum lot size for the Shreedhar Spinners IPO is 2,000 equity shares.

How to apply for Shreedhar Spinners IPO?

Retail investors can apply through their broker’s IPO platform by selecting the Shreedhar Spinners IPO, entering the bid quantity and price, and approving the UPI mandate request.

When is the Shreedhar Spinners IPO allotment?

The allotment for the Shreedhar Spinners IPO is expected to be finalized on 29 June 2026.

When is the Shreedhar Spinners IPO listing date?

The shares of Shreedhar Spinners are proposed to be listed on the NSE SME platform on 1 July 2026.

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Rohan Malhotra

Rohan Malhotra is an avid trader and technical analysis enthusiast who’s passionate about decoding market movements through charts and indicators. Armed with years of hands-on trading experience, he specializes in spotting intraday opportunities, reading candlestick patterns, and identifying breakout setups. Rohan’s writing style bridges the gap between complex technical data and actionable insights, making it easy for readers to apply his strategies to their own trading journey. When he’s not dissecting price trends, Rohan enjoys exploring innovative ways to balance short-term profits with long-term portfolio growth.

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