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Shreedhar Spinners
๐
Founded: 2020
๐ Mumbai, Maharashtra
๐ฅ 164 employees
๐ shreedhar.com
๐ Face Value: โน10
๐ฆ Market Cap: โน114 Cr
Price Band
โน51 โ โน53
Issue Size
โน31 Cr
Lot Size
2000 shares
Min. Investment
โน1,06,000
GMP
+โน0 (+0%)
Est. Return
+0%
Listing Date
01 Jul 2026
Registrar
MUFG Intime India
IPO Signal Analysis
๐ Based on Grey Market Premium (GMP) & Subscription Data โ not financial advice
GMP Signal
Moderate Interest
GMP: +0% above issue price
โญ Overall Signal
Moderate Interest
GMP + Subscription combined
Not financial advice
Not financial advice
Subscription Signal
Moderate Interest
0.54x subscribed
Issue Details
Fresh Issueโน31 Cr
Offer for Sale (OFS)โ
Total Issue Sizeโน31 Cr
Face Valueโน10
Market Cap (at issue)โน114 Cr
Listing ExchangeNSE SME
๐
Open Date23 Jun 2026
๐ Close Date25 Jun 2026
โ๏ธ Cut-off Price Date25 Jun 2026
๐๏ธ Allotment Date29 Jun 2026
๐ธ Refund Initiation30 Jun 2026
๐ Demat Credit30 Jun 2026
๐ Listing Date01 Jul 2026
Objects of the Issue
- ๐ฐ Funding incremental working capital requirements โ โน21.04 Cr
- ๐ฐ Purchase of machineries at Amravati facility โ โน4.95 Cr
- ๐ฐ General Corporate Purposes
About the Company
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 in the Amravati Textile Park, Maharashtra, with an installed capacity of 10,000 MT per annum and 28,608 spindles. It supplies yarn to textile manufacturers, exporters, and fabric processors, primarily across Maharashtra.
Strengths
- โ Manufacturer of compact spun cotton yarn with 10,000 MT per annum capacity and 28,608 spindles
- โ Strategic location in cotton-rich Vidarbha region ensuring raw material availability
- โ ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified quality management systems
- โ Revenue grew 9% and PAT rose 81% in FY26 vs FY25
Risk Factors
- โ ๏ธ Highly competitive and fragmented cotton yarn market
- โ ๏ธ Dependent on cotton price volatility and monsoon-driven supply
- โ ๏ธ Major revenue concentration in Maharashtra
- โ ๏ธ Aggressively priced per analyst reviews
Subscription Status
0.54x Overall
QIB: 0.0x
NII: 1.5x
RII: 0.4x
GMP Trend
Day-wise Subscription
| Day | QIB | NII | RII | Overall |
|---|---|---|---|---|
| Day 1 | 0.02x | 1.53x | 0.41x | 0.54x |
| Day 2 | โ | โ | โ | 0.00x |
| Day 3 | โ | โ | โ | 0.00x |
Share Reservation
QIB
50%
NII
15%
RII
35%
Allocation as per SEBI regulations for SME IPO
Anchor Investors
Anchor allotment details not yet available.
Promoter Holding
96.55%
Pre-IPO
โ -26.1%
70.48%
Post-IPO
IPO Timeline
โ
Open Date
23 Jun 2026
โ
Close Date
25 Jun 2026
โ
Allotment Date
29 Jun 2026
โ
Listing Date
01 Jul 2026
Key Financials
Revenueโน147 Cr
PATโน6.2 Cr
EPSโน3.94
P/E Ratio13.4x
ROE24.6%
Market Capโน114 Cr
Company Financials (Restated Consolidated)
| Period Ended | FY26 | FY25 |
|---|---|---|
| Assets | 172.12 | 102.32 |
| Total Income | 146.55 | 134.43 |
| Profit After Tax | 6.17 | 3.42 |
| EBITDA | 17.62 | 13.11 |
| Net Worth | 29.76 | 20.34 |
| Reserves & Surplus | 14.11 | 5.34 |
| Total Borrowing | 115.90 | 65.31 |
Amount in โน Crore
Key Performance Indicators (KPI)
| KPI | FY26 | FY25 |
|---|---|---|
| ROE (%) | 20.73 | 16.81 |
| EBITDA Margin (%) | 12.02 | 9.75 |
| Debt / Equity | 3.89 | 3.21 |
| Net Worth (Rs. Cr) | 29.76 | 20.34 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS | โน3.94 | โ |
| P/E (x) | 13.4x | โ |
| ROE (%) | 24.6% | โ |
| Promoter Holding | 96.55% | 70.48% |
| Market Cap | โน114 Cr | |
IPO Registrar
IPO FAQs
Shreedhar Spinners IPO is a SME IPO with an issue size of โน31 Cr at a price band of โน51 โ โน53. Minimum lot size is 2000 shares (minimum investment ~โน1,06,000). Opens on 23 Jun 2026 and closes on 25 Jun 2026. Proposed listing on NSE SME. Registrar: MUFG Intime India.