June, 18 2026 Thursday 01:35 Hrs
Last update 11-9-2025
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  • Commodity broking firm in India347.14( 0.45%) 17-Jun-2026

IPO Synopsis

Shreedhar Spinners Ltd
Initial public offer of upto 57,88,000^ equity shares of face value of Rs.10/- each ("Equity Shares") of Shreedhar Spinners Limited ("the Company" or "the Issuer") at an issue price of Rs. 50-53 per equity share (including a share premium of 40-43 per equity share) for cash, aggregating up to Rs. 28.94-30.68 Crores ("Public Issue") out of which 3,86,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 50-53 per equity share for cash, aggregating Rs. 1.93-2.05 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 54,02,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 50-53 per equity share for cash, aggregating up to Rs. 27.01-28.63 Crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 27.00% and 25.20% respectively of the post-issue paid- up equity share capital of the company. Price Band: Rs. 50/- to Rs. 53/- per equity share of face value of Rs. 10 each. The floor price is 5.00 times the face value and cap price is 5.30 times of the face value of the equity shares. Bids can be made for a minimum of two lots and further in multiples of 2000 equity shares thereafter. ^Subject to finalisation of basis of allotment.
Issue
Opens On Closes On
23-Jun-26 25-Jun-26
Money Payable On
Application Allotment
50.00 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of : 2000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Marwadi Chandarana Intermediaries Brokers Pvt Ltd
Project Financed through Current Offer (.Cr) 28.94  
Post Issue Equity Share Capital (.Cr) 21.44
Issue Price () 50.00
Projects
Funding incremental working capital requirements of the Company
Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra
General corporate purposes
Promoted By
Shreedhar Cotsyn Private Limit
Dharmendra Mohandas Goyal
Vishal Agarwal
Listing At
NSE - SME
Registrar to the Issue
MUFG Intime India Pvt Ltd
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