Bookbuilding IPO | ₹31 Cr | Listed at NSE SME | Tue, Jun 23, 2026 - Thu, Jun 25, 2026
Shreedhar Spinners IPO is a book build issue of ₹30.68 crores. The issue is entirely a fresh issue of 0.58 crore shares of ₹30.68 crore.
Shreedhar Spinners IPO bidding started from Jun 23, 2026 and ended on Jun 25, 2026. The allotment for Shreedhar Spinners IPO was finalized on Jun 29, 2026. The shares got listed on the NSE SME on Jul 1, 2026.
Shreedhar Spinners IPO is set final issue price at ₹53 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,12,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,18,000.
Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Mansi Share & Stock Broking Pvt.Ltd.
Refer to Shreedhar Spinners IPO RHP for detailed Information.
IPO Open
Tue, Jun 23, 2026
IPO Close
Thu, Jun 25, 2026
Issue Price
₹53 per share
Market Cap (Pre-IPO)
₹113.62 Cr
| IPO Date | 23 to 25 Jun, 2026 |
| Listed on | Wed, Jul 1, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹51 to ₹53 |
| Issue Price | ₹53 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 57,88,000 shares (agg. up to ₹31 Cr) |
| Reserved for Market Maker | 3,86,000 shares Mansi Share & Stock Broking Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 54,02,000 shares (agg. up to ₹29 Cr) |
| Net Offered to Public | 54,02,000 shares (agg. up to ₹29 Cr) |
| Share Holding Pre Issue | 1,56,50,000 shares |
| Share Holding Post Issue | 2,14,38,000 shares |
| NSE Symbol | SHREEDHAR |
| ISIN | INE0K3301012 |
Shreedhar Spinners IPO comprises a total issue size of 57,88,000 shares. The net offer to the public is 54,02,000 shares, after excluding 3,86,000 shares allotted on a firm basis. Of the Net offer 26,98,000 (49.94%) are allocated to QIB, 8,12,000 (15.03%) allocated to NII 18,92,000 (35.02%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 26,98,000 | 49.94% | 46.61% |
| − Anchor Investor Shares Offered | 16,18,000 | 27.95% | |
| − QIB (Ex. Anchor) Shares Offered | 10,80,000 | 18.66% | |
| NII (HNI) Shares Offered | 8,12,000 | 15.03% | 14.03% |
| − bNII > ₹10L | 5,40,000 | 9.33% | |
| − sNII < ₹10L | 2,72,000 | 4.70% | |
| Retail Shares Offered | 18,92,000 | 35.02% | 32.69% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,86,000 | 6.67% | |
| Total Shares Offered | 57,88,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4,000 | ₹2,12,000 |
| Individual investors (IND) (Max) | 2 | 4,000 | ₹2,12,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,18,000 |
| S-HNI (Max) | 9 | 18,000 | ₹9,54,000 |
| B-HNI (Min) | 10 | 20,000 | ₹10,60,000 |
Shreedhar Spinners IPO raises ₹8.58 crore from anchor investors. Shreedhar Spinners IPO Anchor bid date is June 22, 2026.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Jun 22, 2026 |
| Shares Offered | 16,18,000 |
| Anchor Portion (₹ Cr.) | 8.58 |
| Anchor lock-in period end date for 50% shares (30 Days) | Tue, Jul 28, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sat, Sep 26, 2026 |
Incorporated in December 2020, Shreedhar Spinners Limited is a cotton yarn manufacturing company engaged in the production of 100% compact spun cotton yarn with counts ranging from Ne 10s to Ne 40s. The company operates a modern spinning facility located in the Amravati Textile Park, Maharashtra, with an installed production capacity of 10,000 MT per annum and 28,608 spindles.
The company manufactures cotton yarn suitable for both knitting and weaving applications, catering to diverse end-use sectors such as apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics, and industrial textiles. Operating exclusively in the B2B segment, Shreedhar Spinners supplies its products to textile manufacturers, exporters, traders, and fabric processors, primarily across Maharashtra.
The company sources raw cotton from local ginners, traders, and the Cotton Corporation of India (CCI) and benefits from its strategic location in the cotton-rich Vidarbha region. It is certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards and maintains a dedicated quality control team supported by advanced testing equipment and contamination control systems.
Shreedhar Spinners is led by promoters Dharmendra Mohandas Goyal and Vishal Agarwal, both Chartered Accountants with over 25 years of textile industry experience.
As of April 30, 2026, the company employed 164 personnel across production, engineering, quality control, administration, and management functions.
Key Strengths:
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 Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 172.12 | 102.32 | 92.28 |
| Total Income | 146.55 | 134.43 | 126.35 |
| Profit After Tax | 6.17 | 3.42 | 3.35 |
| EBITDA | 17.62 | 13.11 | 13.41 |
| NET Worth | 29.76 | 20.34 | 16.92 |
| Reserves and Surplus | 14.11 | 5.34 | 1.92 |
| Total Borrowing | 115.90 | 65.31 | 62.11 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Harikanta Overseas Ltd. | SME | ₹24.30 Cr | ₹91 | 14.66 | ₹75.77 | -16.74% | ₹85.00 (-1.62%) |
| Yajur Fibres Ltd. | SME | ₹120.41 Cr | ₹174 | 23.49 | ₹132.25 | -23.99% | ₹38.15 (+0.66%) |
| K K Silk Mills Ltd. | SME | ₹28.50 Cr | ₹38 | 12.12 | ₹30.40 | -20.00% | ₹11.39 (+1.24%) |
| Game Changers Texfab Ltd. | SME | ₹54.84 Cr | ₹102 | 10.58 | ₹109.35 | +7.21% | ₹102.00 (+8.89%) |
| Sihora Industries Ltd. | SME | ₹10.56 Cr | ₹66 | 13.14 | ₹66.50 | +0.76% | ₹58.58 (-0.71%) |
| Siddhi Cotspin Ltd. | SME | ₹69.85 Cr | ₹108 | 16.06 | ₹82.10 | -23.98% | ₹29.00 (+0.87%) |
| Rachit Prints Ltd. | SME | ₹19.50 Cr | ₹149 | 11.85 | ₹113.25 | -23.99% | ₹213.80 (+4.80%) |
| Spunweb Nonwoven Ltd. | SME | ₹60.98 Cr | ₹96 | 15.79 | ₹158.55 | +65.16% | ₹106.00 (+0.00%) |
| Silky Overseas Ltd. | SME | ₹30.68 Cr | ₹161 | 12.98 | ₹162.45 | +0.90% | ₹108.40 (+0.46%) |
| Cedaar Textile Ltd. | SME | ₹60.90 Cr | ₹140 | 12.07 | ₹113.05 | -19.25% | ₹19.75 (-1.00%) |
| Shree Ram Twistex Ltd. | Mainboard | ₹110.24 Cr | ₹104 | 38.21 | ₹71.40 | -31.35% | ₹39.53 (-0.30%) |
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 | 4.95 |
| 3 | General Corporate Purposes | 1.63 |
| 4 | Issue Expenses | 3.07 |
| Total | 30.68 |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 24.64% |
| ROCE | 9.34% |
| Debt/Equity | 3.89 |
| RoNW | 20.74% |
| PAT Margin | 4.22% |
| EBITDA Margin | 12.04% |
| Price to Book Value | 2.79 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 3.94 | 2.88 |
| P/E (x) | 13.44 | 18.41 |
| Promoter Holding | 96.55% | 70.48% |
| Market Cap | ₹113.62 Cr. |
The Shreedhar Spinners IPO is subscribed 6.70 times on June 25, 2026 6:55:00 PM (Day 3). The public issue subscribed 5.71 times in the individual investors category, 2.51 times in the QIB category, and 14.58 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 2.51 | 10,80,000 | 27,12,000 | 10 |
| NII* | 14.58 | 8,12,000 | 1,18,40,000 | 0 |
| bNII (> ₹10L) | 17.94 | 5,41,334 | 97,12,000 | |
| sNII (< ₹10L) | 7.86 | 2,70,666 | 21,28,000 | |
| Individual Investor | 5.71 | 18,92,000 | 1,08,04,000 | 2,701 |
| Total | 6.70 | 37,84,000 | 2,53,56,000 | 3,470 |
Total Applications: 3,470
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager fees (including underwriting) as applicable | 2.60 |
| 2 | Brokerage, selling commission and other uploading fees | 0.02 |
| 3 | Fees payable to Registrar to the Offer | 0.01 |
| 4 | Fees to the legal advisor, audit / chartered accountant fees and other Professional Agencies | 0.15 |
| 5 | Advertising and marketing expenses | 0.10 |
| 6 | Fees payable to regulators including stock exchange | 0.10 |
| 7 | Printing and distribution expenses | 0.01 |
| 8 | Miscellaneous (including fees payable to marketing and distribution expenses, and market research firms) | 0.05 |
| 9 | Fees Payable to Market Maker | 0.03 |
| Total | 3.07 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹53.00 |
| Open | ₹54.40 |
| Low | ₹54.40 |
| High | ₹57.10 |
| Last Trade | ₹57.10 |
Lead Manager Reports
Shreedhar Spinners IPO is a SME IPO of 57,88,000 equity shares of the face value of ₹10 aggregating up to ₹31 Crores. The issue is priced at ₹53 per share. The minimum order quantity is 2000.
The IPO opens on Tue, Jun 23, 2026, and closes on Thu, Jun 25, 2026.
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 opens on Tue, Jun 23, 2026 and closes on Thu, Jun 25, 2026.
Shreedhar Spinners IPO lot size is 2000, and the minimum amount required for application is ₹2,12,000, with 2 lots being the minimum application size.
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 Monday, June 29, 2026, and the allotted shares will be credited to your demat account by Tue, Jun 30, 2026. Check the Shreedhar Spinners IPO allotment status.
The Shreedhar Spinners IPO listing date is on Wed, Jul 1, 2026.
