Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Shri Ahimsa Naturals IPO vs Spinaroo Commercial IPO

Comparison between Shri Ahimsa Naturals IPO and Spinaroo Commercial IPO.

IPO Details

Shri Ahimsa Naturals IPO is a SME Fixed Price IPO proposed to list at NSE SME while Spinaroo Commercial IPO is a SME Fixed Price proposed to list at BSE SME.

 Shri Ahimsa Naturals IPOSpinaroo Commercial IPO
LogoShri Ahimsa Naturals IPO LogoSpinaroo Commercial IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersSrujan Alpha Capital Advisors LLPFinshore Management Services Ltd.
RegistrarCameo Corporate Services Ltd.Cameo Corporate Services Ltd.
Market MakerChoice Equity Broking Pvt.Ltd.Black Fox Financial Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Shri Ahimsa Naturals IPO is up to ₹70.10 Cr whereas the issue size of the Spinaroo Commercial IPO is up to ₹9.66 Cr. The final issue price of Shri Ahimsa Naturals IPO is ₹119.00 per share and of Spinaroo Commercial IPO is ₹51.00 per share.

 Shri Ahimsa Naturals IPOSpinaroo Commercial IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹113.00 per share
Issue Price (Upper)₹119.00 per share
Issue Price (Final)₹119.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size38,91,600 shares18,94,000 shares
Fresh Issue Size (Amount)up to ₹46.31 Crup to ₹9.66 Cr
OFS Issue Size19,99,200 shares0 shares
OFS Issue Size (Amount)up to ₹23.79 Crup to ₹0.00 Cr
Issue Size Total58,90,800 shares18,94,000 shares
Issue Size Total (Amount)up to ₹70.10 Crup to ₹9.66 Cr

IPO Timetable

Shri Ahimsa Naturals IPO opens on Mar 25, 2025, while Spinaroo Commercial IPO opens on Mar 28, 2025. The closing date of Shri Ahimsa Naturals IPO and Spinaroo Commercial IPO is Mar 27, 2025, and Apr 03, 2025, respectively.

 Shri Ahimsa Naturals IPOSpinaroo Commercial IPO
Anchor Bid DateMar 24, 2025
Issue OpenMar 25, 2025Mar 28, 2025
Issue CloseMar 27, 2025Apr 03, 2025
Basis Of Allotment (Tentative)Mar 28, 2025Apr 04, 2025
Initiation of Refunds (Tentative)Apr 01, 2025Apr 07, 2025
Credit of Share (Tentative)Apr 01, 2025Apr 07, 2025
Listing date (Tentative)Apr 02, 2025Apr 08, 2025
Anchor Lockin End date 1Apr 28, 2025
Anchor Lockin End date 2Jun 27, 2025

Financials & KPIs

Shri Ahimsa Naturals IPO P/E ratio is 12.19, as compared to Spinaroo Commercial IPO P/E ratio of 18.21.

 Shri Ahimsa Naturals IPOSpinaroo Commercial IPO
Financials

Shri Ahimsa Naturals Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets111.39103.1574.1340.34
Total Income41.3778.7106.1458.94
Profit After Tax9.7418.6738.2111.02
Net Worth99.6783.8965.2227.02
Reserves and Surplus80.5465.5759.9921.78
Total Borrowing4.8513.833.436.36
Amount in ₹ Crore

Spinaroo Commercial Limited Financial Information (Restated Standalone)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets21.9419.0519.4817.82
Total Income21.0241.2153.1947.58
Profit After Tax0.611.40.930.52
Net Worth6.646.034.633.7
Reserves and Surplus1.645.033.632.7
Total Borrowing7.437.528.438.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.2266.67
Promoter Shareholding (Post-Issue)68.6847.66
P/E Ratio12.1918.21
Market Cap₹277.63 Cr.₹35.67 Cr.
ROE22.25%23.23%
ROCE25.69%37.58%
Debt/Equity0.071.25
EPS₹9.76₹2.80
RoNW22.25%23.23%

Shares Offered

In the Shri Ahimsa Naturals IPO Retail Individual Investors (RII) are offered 20,82,000 shares while in Spinaroo Commercial IPO retail investors are offered 20,82,000 shares. Qualified Institutional Buyers (QIB) are offered 11,70,000 shares in Shri Ahimsa Naturals IPO and 0 shares in Spinaroo Commercial IPO.

 Shri Ahimsa Naturals IPOSpinaroo Commercial IPO
Anchor Investor Reserveration17,54,400 shares0 shares
Market Maker Reserveration3,12,000 shares1,00,000 shares
QIB11,70,000 shares0 shares
NII8,84,400 shares9,46,000 shares
RII20,82,000 shares9,48,000 shares
Employee0 shares0 shares
Others
Total58,90,800 shares18,94,000 shares

Bids Received (Subscription)

Shri Ahimsa Naturals IPO subscribed 62.71x in total, whereas Spinaroo Commercial IPO subscribed 1.52x.

 Shri Ahimsa Naturals IPOSpinaroo Commercial IPO
QIB (times)21.23x
NII (times)182.82x1.84x
Big NII (times)
Small NII (times)
RII (times)35.00x1.20x
Employee (times)
Other (times)
Total (times)62.71x1.52x