Shreedhar Spinners IPO Details
Shreedhar Spinners IPO Summary
Shreedhar Spinners IPO opens for subscription on 23 Jun 2026 and closes on 25 Jun 2026.The IPO will be listed on NSE with the tentative listing date set for 01 Jul 2026.
Shreedhar Spinners IPO price band has been fixed at ₹50 – ₹53 per share. The face value is ₹10 per share with a lot size of 2000.
Shreedhar Spinners IPO total issue size comprises 57,88,000 shares (aggregating up to ₹30.68 Cr). This includes a fresh issue of 57,88,000 shares (aggregating up to ₹30.68 Cr). Pre-issue shareholding stands at 1,56,50,000, which will increase to 2,14,38,000 post-issue.
Shreedhar Spinners IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Shreedhar Spinners IPO Lot Size :Individual Minimum is 2 lots (4,000 shares) amounting to ₹212,000. Individual Maximum is 2 lots (4,000 shares) amounting to ₹212,000. SHNI Minimum is 3 lots (6,000 shares) amounting to ₹318,000. SHNI Maximum is 9 lots (18,000 shares) amounting to ₹954,000. BHNI Minimum is 10 lots (20,000 shares) amounting to ₹1,060,000.
Shreedhar Spinners IPO Details
Shreedhar Spinners IPO Subscription
Shreedhar Spinners IPO Application Wise Breakup
Shreedhar Spinners IPO Dates
- 23 Jun 2026Opening dateOpen
- 25 Jun 2026Closing dateClose
- 29 Jun 2026Allotment Date Allotment
- 30 Jun 2026Initiation of RefundsRefund
- 30 Jun 2026Credit of SharesCredit
- 01 Jul 2026Listing dateListing
Shreedhar Spinners IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 4000 | ₹212,000 |
| Individual Maximum | 2 | 4000 | ₹212,000 |
| SHNI Minimum | 3 | 6000 | ₹318,000 |
| SHNI Maximum | 9 | 18000 | ₹954,000 |
| BHNI Minimum | 10 | 20000 | ₹1,060,000 |
Shreedhar Spinners IPO Reservation
Promoter Holding
Documents
Shreedhar Spinners IPO Valuations
Shreedhar Spinners Financial Information
| 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 | |||
About Shreedhar Spinners IPO
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.
Strength Of Shreedhar Spinners IPO
- Long term and expanding customer relationship across textile industry.
- Fully integrated cotton spinning infrastructure with modern technologies to support the company product portfolio.
- Experienced management team.
- Location advantage of the manufacturing facility.
- Cost effective production and timely fulfilment of orders
Risk Of Shreedhar Spinners IPO
- Some of the Equity Shares held by the Promoter, Shreedhar Cotsyn Private Limited, has been pledged with the SBICAP Trustee Company Limited.
- The company financing agreements contain covenants that limit its flexibility in operating the company business and has a significant debt-equity ratio. Its inability to meet the company obligations, including financial and other covenants under the company debt financing arrangements could adversely affect its business, results of operations and financial condition. Additionally, the company Promoters has given personal guarantees in relation to certain financing arrangements provided to the Company by the lenders which may not continue after the completion of the Offer.
- The company has in the past entered into related party transactions and may continue to does so in the future.
- The company business is dependent on its operating facility in Amravati. The loss or shutdown of the company facilities could has a material adverse effect on its business, financial condition and results of operations.
- The company generate a substantial portion of revenue from Maharashtra. Any adverse developments affecting its operations in the Maharashtra could has an adverse impact on the company revenue and results of operations.
- The company generally does business with its customers on purchase order basis and does not enter into long term contracts with them. The company inability to maintain relationships with its customers could has an adverse effect on its business, prospects, results of operations and financial condition.
- The company is dependent upon limited suppliers for the raw material requirements of its business. Further, the company does not has definitive agreements or fixed terms of trade with most of its suppliers. Additionally, the Company relies on suppliers located in certain states in India for procurement of raw materials. Failures to successfully leverage its relationships with existing suppliers or to identify new suppliers could adversely affect the company business operations.
- The company faces competition in its business from organized and unorganized players, which may adversely affect its business operations and financial condition.
- The company business is subject to seasonal volatility on account of the nature of main raw material i.e., raw cotton as an agricultural commodity, and such seasonality may cause significant fluctuations in its revenue, results of operations, and financial condition.
- The company has working capital requirements. If its experience insufficient cash flows to make required payments on the company debt or fund working capital requirements, there may be an adverse effect on its results of operations.
Objectives Shreedhar Spinners IPO
1. Funding incremental working capital requirements of the Company
2. Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra
3. General Corporate Purposes
4. Total
Company Contact Details
Shreedhar Spinners Ltd.
503, Matharu Arcade
Subhash Road
Vile Parle East,
Mumbai, Maharashtra, 400057
Phone: 91 22 4515 8777
Email: company.sec@shreedhar.com
WebSite: http://www.shreedharspinners.com/
Registrar Contact Details
Shreedhar Spinners FAQs
The Shreedhar Spinners IPO is a SME public issue comprising 5788000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹30.68 Cr. The issue price has been fixed at ₹53 per equity share, and the minimum application size is 2000 shares.
The IPO opens for subscription on 23 Jun 2026, and closes on 25 Jun 2026.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE
As of now, the current GMP stands at ₹0 (0%).
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