Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |

Shreedhar Spinners Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.58 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Shreedhar Spinners IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 58,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 58,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,56,50,000 shares |
| Share Holding Post Issue | 2,14,50,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Jan 9, 2026 |
| SEBI/Exchange approval received | Mon, Apr 6, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15.00% of the Net Issue |
Shreedhar Spinners Ltd. is engaged in the manufacturing of compact spun cotton yarn across a wide range of counts from Ne 12s to Ne 32s. Its manufacturing facility is located at Plot No. T-15, Additional Amravati Industrial Area Textile Park, Tuljapur, Amravati – 444901, Maharashtra, India. The facility spans approximately 1,20,000 square meters and has been allotted for a 95-year term, providing stability and scalability for future operations.
As of September 30, 2025, the Company has an installed production capacity of 5,500 metric tonnes of cotton yarn per annum, supported by 18,240 spindles. The manufacturing unit operates continuously, running 24 hours a day for approximately 360 days a year, ensuring optimal utilisation of capacity and uninterrupted production.
The facility is equipped with modern, state-of-the-art spinning technology and advanced processing techniques, enabling the production of high-quality cotton yarn. Raw cotton bales serve as the primary raw material, and the finished yarn is suitable for both knitting and weaving. The Company’s products cater to a wide range of end-use segments, including apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics, and industrial fabrics.
The Company operates exclusively in the business-to-business (B2B) segment, supplying yarn to textile manufacturers, yarn exporters, traders, and fabric processors. Its strong focus on B2B customers allows it to streamline production planning, logistics, and supply chain operations, ensuring consistent quality, timely delivery, and efficient order fulfilment. The Company primarily serves customers with a significant presence in Maharashtra.
The Company holds multiple internationally recognised certifications, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, reflecting its commitment to quality management systems, environmental responsibility, and occupational health and safety standards.
To ensure consistent product quality, the Company has an in-house Testing and Quality Control team comprising five members as of September 30, 2025. The facility is equipped with manual, semi-automatic, and automatic testing machines, including online automatic contamination sorters, Uster Quantum Clearers, and advanced testing equipment from USTER (Switzerland). Rigorous testing of raw materials and finished goods helps improve procurement efficiency, minimise wastage, reduce returns, and enhance overall cost efficiency.
Company Strengths
Modern Manufacturing Infrastructure
State-of-the-art spinning technology and advanced processing systems enable the production of consistent, high-quality cotton yarn.
Wide Product Range
Ability to manufacture compact spun cotton yarn in counts ranging from Ne 12s to Ne 32s, suitable for diverse textile applications.
High Operational Efficiency
Continuous 24×7 operations for approximately 360 days a year ensure optimal capacity utilization and steady output.
Strong Quality Assurance Systems
In-house testing and quality control supported by advanced USTER equipment ensures superior yarn quality and reliability.
International Certifications
ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications demonstrate strong governance across quality, environmental, and safety standards.
Exclusive B2B Focus
Dedicated servicing of manufacturers, exporters, and traders allows customized yarn solutions based on specific technical requirements such as count, twist, and strength.
Strategic Location
Manufacturing facility located in Maharashtra with proximity to key textile markets, enabling efficient logistics and customer servicing.
Cost Optimization and Waste Reduction
Rigorous testing of raw materials and finished goods reduces wastage, returns, and procurement-related inefficiencies.
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 108.19 | 102.32 | 92.28 | 82.56 |
| Total Income | 70.10 | 134.43 | 126.35 | 20.28 |
| Profit After Tax | 3.04 | 3.42 | 3.35 | -1.43 |
| EBITDA | 7.85 | 13.11 | 13.41 | 1.51 |
| NET Worth | 23.37 | 20.34 | 16.92 | 13.57 |
| Reserves and Surplus | -1.43 | 1.92 | 5.34 | 8.37 |
| Total Borrowing | 67.30 | 65.31 | 62.11 | 63.00 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding incremental working capital requirements of the Company | 21.04 |
| 2 | Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra | 4.73 |
| 3 | General Corporate Purposes |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 13.00% | 16.79% |
| ROCE | 6.82% | 11.49% |
| Debt/Equity | 2.88 | 3.21 |
| RoNW | 13.00% | 16.79% |
| PAT Margin | 4.34% | 2.54% |
| EBITDA Margin | 11.22% | 9.76% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 96.55% |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager fees (including underwriting) as applicable | |
| 2 | Brokerage, selling commission and other uploading fees | |
| 3 | Fees payable to Registrar to the Offer | |
| 4 | Fees to the legal advisor, audit / chartered accountant fees and other Professional Agencies | |
| 5 | Advertising and marketing expenses | |
| 6 | Fees payable to regulators including stock exchange | |
| 7 | Printing and distribution expenses | |
| 8 | Miscellaneous (including fees payable to marketing and distribution expenses, and market research firms) |
Lead Manager Reports
Shreedhar Spinners IPO is a SME IPO of 58,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Shreedhar Spinners IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Shreedhar Spinners IPO using UPI as a payment gateway. Zerodha customers can apply in Shreedhar Spinners IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shreedhar Spinners IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shreedhar Spinners IPO dates are not announced. Please check back again after some time.
Shreedhar Spinners IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Shreedhar Spinners IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Shreedhar Spinners IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Shreedhar Spinners IPO allotment status.
The Shreedhar Spinners IPO listing date is not yet announced. The tentative date of listing is .