Listing Performance
Listed
Issue Price
₹53
Listed On
01 Jul 2026
- Price Band
- ₹51 – ₹53
- Lot Size
- 2000
- Lot Value
- ₹1,06,000
- Open Date
- 23 Jun 2026
- Close Date
- 25 Jun 2026
- Min Investment
- ₹1,06,000
Shreedhar Spinners — Live Stock Performance
IPO Timeline
Issue Opens
23 Jun 2026 · Tue
Issue Closes
25 Jun 2026 · Thu
Bidding Cut-off (UPI Mandate)
25 Jun 2026 · 5:00 PM IST
Allotment
29 Jun 2026 · Mon
Listing
01 Jul 2026 · Wed
About Shreedhar Spinners
Shreedhar Spinners is a cotton yarn manufacturer that commenced commercial operations in November 2022. The company operates a manufacturing facility in Amravati, Maharashtra, and leverages its promoter group's established distribution network and customer relationships for domestic and international markets.
The company manufactures and sells cotton yarn to customers primarily on a purchase order basis, generating revenue from both direct sales and sales through its holding company Shreedhar Cotsyn Private Limited.
Investment Analysis
Quick Analysis: 6 strengths · 6 risk factors· Exchange: NSE SME
Strengths (6)
- •Long-term and expanding customer relationships across textile industry
- •Fully integrated cotton spinning infrastructure with modern technologies
- •Experienced management team with combined five decades expertise
- •Location advantage in cotton-rich Maharashtra region
- •Cost-effective production and timely order fulfillment
- •Customer-centric approach with focus on customization and quality
Risk Factors (6)
- •First public issue with no formal market history; Floor, Cap and Issue Price may not indicate post-listing market price.
- •Investment in equity securities involves high degree of risk; investors may lose entire investment.
- •Wazir Advisors Report contains third-party industry data; Wazir has no independent verification relationship with company.
- •SEBI has not recommended or approved equity shares; does not guarantee accuracy or adequacy of prospectus.
- •Peer group company information derived from public sources; neither company nor BRLM independently verified such data.
- •No assurance of active or sustained trading in equity shares or price at which shares will trade after listing.
📊 Algorithmic Score
Computed from issue structure — GMP, fresh issue %, OFS %, issue size
Why do these differ? The Algorithmic Score measures issue quality (structure, size, promoter commitment). The Demand Analysis measures investor interest signals (subscription, GMP, risks). A high-quality issue can still have unconfirmed demand — especially before subscription opens.
✍️ Demand & Risk Analysis
Based on market demand signals — subscription, GMP trend, risk factors
IPO Market Analysis
“Mixed signals — moderate demand and average GMP suggest cautious participation. Apply based on company fundamentals rather than listing gain expectations.”
- ✅Subscribed 7x
- ✅QIB subscribed 2.5x
- ✅6 business strengths identified
- ⚠️6 risk factors noted
This is algorithmic analysis, not investment advice. Always read the DRHP before investing.
IPO Details
| Registrar | MUFG Intime India Private Limited |
| Exchange | NSE SME |
| ISIN | — |
| Face Value | — |
| Issue Size | ₹30.68 Cr |
| Fresh Issue | ₹578.80 Cr |
| OFS Size | — |
| Lead Managers | Marwadi Chandarana Intermediaries Brokers Private Limited |
Company Fundamentals
10 sections extracted from this filingCapital Structure
| Authorised Capital | — |
| Issued Capital | — |
| Paid-up Capital | — |
| Equity Shares (Pre-Issue) | 1,56,09,600 |
| Equity Shares (Post-Issue) | — |
Source: Shreedhar Spinners offer document (DRHP/RHP).
Shareholding Pattern
Pre-Issue
Pre-Issue not disclosed in this filing.Not separately disclosed in Shreedhar Spinners's filing.
Post-Issue
Post-Issue not disclosed in this filing.Not separately disclosed in Shreedhar Spinners's filing.
Source: Shreedhar Spinners offer document (DRHP/RHP).
Reservations & OFS
Investor Reservation
- QIB+50.00%
- NII / HNI+15.00%
- Retail+35.00%
OFS Selling Shareholders
No offer-for-sale component (or sellers not disclosed).
Source: Shreedhar Spinners offer document (DRHP/RHP).
Board & Management
Board of Directors (5)
- Dharmendra Mohandas Goyal₹1.00 Cr p.a.
Chairman & Managing Director
Not explicitly stated
- Sunita Dharmendra Goyal₹0.00 Cr p.a.
Non-Executive Non-Independent Director
- Vishal Agarwal₹0.00 Cr p.a.
Non-Executive Non-Independent Director
- Bhavsar Utsav Sumantkumar₹0.00 Cr p.a.
Non-Executive Independent Director
- Atri Maheshvariben Nileshkumar₹0.00 Cr p.a.
Non-Executive Independent Director
Master of Arts (External) from Saurashtra University; Masters of Education from Indian Institute of Teacher Education, Gujarat
Approximately 4 years of experience in teaching
Key Managerial Personnel (2)
- Varesh Goyal₹0.02 Cr p.a.
Chief Financial Officer
Bachelor of Business Administration from Narsee Monjee Institute of Management Studies University
More than 2 years of experience in consultancy and portfolio valuation; involved in managerial and finance functions since 2023
- Mitesh Pravinbhai Patel
Company Secretary and Compliance Officer
Bachelor of Commerce from University of Mumbai; certificate of membership from Institute of Company Secretaries
Source: Shreedhar Spinners offer document (DRHP/RHP).
Industry & Market
Per Wazir Advisors Private Limited, a report commissioned by the company (not independent).
Use of IPO Proceeds
Total allocation: ₹25.98 Cr (excludes issue expenses)
Promoters
Vishal Agarwal
Promoter
Pre-issue: 0.27%
Dharmendra Mohandas Goyal
Chairman and Managing Director
Pre-issue: 0.7%
Sunita Dharmendra Goyal
Promoter
Pre-issue: 0.45%
Varesh Goyal
Promoter
Pooja Agarwal
Promoter
Pre-issue: 0.19%
Investor Quota
Approx. shares reserved per category
Estimated from total issue size; actual reserved lots are set in the RHP.
Application Lot Sizes
Retail caps at ₹2,00,000 (13 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2,000 | ₹1,06,000 |
| Retail (max) | 13 | 26,000 | ₹13,78,000 |
| S-HNI (min) | 14 | 28,000 | ₹14,84,000 |
| S-HNI (max) | 66 | 1,32,000 | ₹69,96,000 |
| B-HNI (min) | 67 | 1,34,000 | ₹71,02,000 |
Material Litigation
The Company has one pending indirect tax (GST) notice for discrepancies (₹12.64 lakh). The Corporate Promoter, Shreedhar Cotsyn Private Limited, and Group Company Siddhartha Super Spinning Mills Ltd. face a pending Customs appeal (CUSTOMS/0061957/2018 and CUSTOMS/0061959/2018 respectively) regarding denied exemption on recycled polyester imports with differential duties of ₹1.39 lakh and ₹2.63 lakh respectively, and two civil writ petitions challenging state levies on transportation and electricity with unquantifiable amounts.
Registrar (RTA)
SEBI-registered Registrar & Transfer Agent — handles allotment and refunds.
Registrar:MUFG Intime India Private Limited→Lead Managers (BRLMs)
Click any merchant banker for their full IPO track record (positive listing rate, average gain, IPOs managed).
3-Year Financial Summary
Revenue trend
↑ FY23→FY25
| Fiscal Year | Revenue (₹Cr) | PAT (₹Cr) | EPS | P/E | ROE |
|---|---|---|---|---|---|
| FY25 | 146.37 | 6.17 | 4.03 | — | 20.74% |
| FY24 | 134.27 | 3.42 | — | — | — |
| FY23 | 126.14 | 3.35 | — | — | — |
Detailed Line Items (₹ Cr)
| Line Item | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Income | 126.35 | 134.43 | 146.55 |
| EBITDA | 13.41 | 13.11 | 17.62 |
| Net Worth | 16.92 | 20.34 | 29.76 |
From the company's offer document (DRHP/RHP); restated figures where available.
Valuation at Issue Price
Issue P/E
13.2x
Price ÷ EPS
EPS (FY25)
₹4
Earnings per share
RoNW
20.74%
Return on net worth
ROCE
9.34%
as reported in filing
EBITDA margin
12.0%
EBITDA ÷ revenue
Price/NAV
2.79x
Price ÷ NAV (as reported)
Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.02x | 0.39x | 2.51x |
| sNII (S-HNI) | — | — | — |
| bNII (B-HNI) | — | — | — |
| Retail | 0.41x | 0.70x | 5.68x |
| Total | 0.54x | 1.39x | 6.79x |
Colour: red <1x · green 1–5x · blue 5–10x · orange >10x.
Allotment Statistics
Retail Individual Investors (RII)
Subscription
5.68x
Allotment Ratio
1 lot per 6 applicants
Allotment Probability
~17.6%
Non-Institutional Investors (NII / HNI)
Subscription
15.06x
Allotment Type
Proportionate allotment
Qualified Institutional Buyers (QIB)
Subscription
2.51x
Allotment Type
Discretionary allotment
Total Subscription
6.79x
Allotment probability is estimated based on subscription data and is not guaranteed. Actual allotment depends on the registrar's process.
Basis of Allotment
Category-wise subscription & allotment ratio
Recently Listed IPOs
| Company | Listed | Listing Gain |
|---|---|---|
| Silverstorm Parks & Resorts | 31 Jul 2026 | — |
| Silverstorm Parks And Resorts Limited | 31 Jul 2026 | — |
| Shree Balaji (Mala) Textiles | 29 Jul 2026 | — |
Related IPOs
Documents
Frequently Asked Questions
When is the Shreedhar Spinners IPO opening?
The Shreedhar Spinners IPO opens on 23 Jun 2026 and closes on 25 Jun 2026. Check this page for the latest updates as we refresh every 30 minutes.
What is the price band of the Shreedhar Spinners IPO?
The price band for the Shreedhar Spinners IPO is ₹51 to ₹53. The final price is announced after the book-building process and is confirmed before listing.
What is the lot size and minimum investment for the Shreedhar Spinners IPO?
The minimum lot size is 2000 shares with a minimum investment of ₹1,06,000. Retail investors can apply for up to the retail limit defined by SEBI.
What is the GMP of Shreedhar Spinners IPO today?
Grey Market Premium data for Shreedhar Spinners is not available yet. It typically starts appearing a few days before the IPO opens.
When will the Shreedhar Spinners IPO list on NSE and BSE?
The Shreedhar Spinners IPO is expected to list on 01 Jul 2026 on NSE SME. Actual listing day trading begins at the start of the normal market session.
How can I check the Shreedhar Spinners IPO allotment status?
The registrar for this IPO is MUFG Intime India Private Limited. You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.
Is the Shreedhar Spinners IPO a mainboard or SME issue?
Shreedhar Spinners is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.
How do I apply for the Shreedhar Spinners IPO?
You can apply for the Shreedhar Spinners IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA. Use the Apply Now buttons on this page to go directly to the broker.
What is the allotment ratio for Shreedhar Spinners IPO?
Based on the retail subscription of 5.68x, the estimated allotment ratio is 1 lot per 6 applicants (approximately 17.6% chance of allotment). This is an estimate and actual allotment may vary.
Should I subscribe to Shreedhar Spinners IPO?
Based on our algorithmic analysis, Shreedhar Spinners IPO is rated NEUTRAL with medium confidence. Mixed signals — moderate demand and average GMP suggest cautious participation. Apply based on company fundamentals rather than listing gain expectations. This is not investment advice — please read the DRHP and consult a financial advisor before investing.
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