Shreedhar Spinners IPO vs Sunrays Engineers IPO

Comparison between Shreedhar Spinners IPO and Sunrays Engineers IPO.

IPO Details

Shreedhar Spinners IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sunrays Engineers IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Shreedhar Spinners IPO is up to ₹28.63 Cr whereas the issue size of the Sunrays Engineers IPO is up to ₹0.00 Cr. The final issue price of Shreedhar Spinners IPO is ₹53.00 per share and of Sunrays Engineers IPO is .

 Shreedhar Spinners IPOSunrays Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share
Issue Price (Upper)₹53.00 per share
Issue Price (Final)₹53.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares
Fresh Issue Size54,02,000 shares32,64,000 shares
Fresh Issue Size (Amount)up to ₹28.63 Crup to ₹0.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total54,02,000 shares32,64,000 shares
Issue Size Total (Amount)up to ₹28.63 Crup to ₹0.00 Cr

IPO Timetable

Shreedhar Spinners IPO opens on Jun 23, 2026, while Sunrays Engineers IPO opens on . The closing date of Shreedhar Spinners IPO and Sunrays Engineers IPO is Jun 25, 2026, and , respectively.

Financials & KPIs

Shreedhar Spinners IPO P/E ratio is 13.44, as compared to Sunrays Engineers IPO P/E ratio of .

 Shreedhar Spinners IPOSunrays Engineers IPO
Financials

Company Financials (Restated)

Shreedhar Spinners Ltd.'s revenue increased by 9% and profit after tax (PAT) rose by 81% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets172.12102.3292.28
Total Income146.55134.43126.35
Profit After Tax6.173.423.35
EBITDA17.6213.1113.41
NET Worth29.7620.3416.92
Reserves and Surplus14.115.341.92
Total Borrowing115.9065.3162.11
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets58.3150.2246.9739.13
Total Income61.3090.5367.3060.23
Profit After Tax4.554.742.142.32
EBITDA8.4010.566.183.78
NET Worth18.8214.429.697.55
Reserves and Surplus18.3113.859.116.97
Total Borrowing17.6324.1124.2719.89
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.5599.99
Promoter Shareholding (Post-Issue)70.48
P/E Ratio13.44
Market Cap₹113.62 Cr.
ROE24.6439.29
ROCE9.3432.29
Debt/Equity3.891.67
EPS₹3.94₹5.21
RoNW20.7439.29

Shares Offered

In the Shreedhar Spinners IPO Retail Individual Investors (RII) are offered 18,92,000 shares while in Sunrays Engineers IPO retail investors are offered 18,92,000 shares. Qualified Institutional Buyers (QIB) are offered 10,80,000 shares in Shreedhar Spinners IPO and 0 shares in Sunrays Engineers IPO.

 Shreedhar Spinners IPOSunrays Engineers IPO
Anchor Investor Reservation16,18,000 shares0 shares
Market Maker Reservation3,86,000 shares0 shares
QIB10,80,000 shares0 shares
NII8,12,000 shares0 shares
RII18,92,000 shares0 shares
Employee0 shares0 shares
Others
Total54,02,000 shares0 shares

Bids Received (Subscription)

Shreedhar Spinners IPO subscribed 4.69x in total, whereas Sunrays Engineers IPO subscribed .

Compare with others

Compare: