Shreedhar Spinners IPO
Bookbuilding IPO | ₹31.00 Cr | Listing at NSE SME
Closed
IPO Open
Tue, Jun 23, 2026
IPO Close
Thu, Jun 25, 2026
Price Band
₹51.00 to ₹53.00
Market Cap (Pre-IPO)
₹113.62 Cr
IPO Details
| IPO Date | Jun 23, 2026 to Jun 25, 2026 |
| Listing Date | Tentative: Jul 01, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹51.00 to ₹53.00 |
| Lot Size | 2000 Shares (Minimum: ₹106,000.00) |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Issue Size | ₹31.00 Crores |
| Total Shares Offered | 5,788,000 shares |
| Fresh Issue | 5,402,000 shares |
| Offer For Sale | 5,788,000 shares |
Subscription Data
| Category | Times Subscribed |
|---|---|
| QIB | 0.00x |
| NII | 0.01x |
| Total | 0.03x |
Shreedhar Spinners IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 26,98,000 |
| Retail Shares Offered | 18,92,000 |
| NII Shares Offered | 8,12,000 |
Shreedhar Spinners IPO Lot Size
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹212,000 |
| Retail (Max) | 2 | 4,000 | ₹212,000 |
| S-HNI (Min) | 3 | 6,000 | ₹318,000 |
| S-HNI (Max) | 9 | 18,000 | ₹954,000 |
| B-HNI (Min) | 10 | 20,000 | ₹1,060,000 |
Shreedhar Spinners Financial Information (Restated Consolidated)
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 ₹ Cr
Key Performance Indicators
As of Tuesday, March 31, 2026| KPI | Values |
|---|---|
| ROE (Return on Equity) | 24.64% |
| ROCE (Return on Capital Employed) | 9.34% |
| Debt/Equity | 3.89 |
| RoNW (Return on Net Worth) | 20.74% |
| PAT Margin (Profit After Tax Margin) | 4.22% |
| EBITDA Margin | 12.04% |
| Price to Book Value | 2.79 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 3.94 | 2.88 |
| P/E (x) | 13.44 | 18.41 |
| Promoter Holding | 96.55% | 70.48% |
Company Promoters
- Shreedhar Cotsyn Private Limited
- Dharmendra Mohandas Goyal
- Vishal Agarwal
- Sunita Dharmendra Goyal
- Pooja Agarwal and Varesh Goyal
Company Overview
Shreedhar Spinners – Company Overview
- Incorporated in December 2020, Shreedhar Spinners Limited is engaged in the manufacturing of 100% compact spun cotton yarn.
- The company produces cotton yarn with counts ranging from Ne 10s to Ne 40s, suitable for both knitting and weaving applications.
- Its products cater to various end-use industries, including apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics, and industrial textiles.
- The company operates exclusively in the B2B segment, supplying cotton yarn to textile manufacturers, exporters, traders, and fabric processors.
- Shreedhar Spinners operates a modern manufacturing facility at Amravati Textile Park, Maharashtra, with an installed capacity of 10,000 MT per annum and 28,608 spindles.
- The company procures raw cotton from local ginners, traders, and the Cotton Corporation of India (CCI) and benefits from its location in the cotton-rich Vidarbha region.
- It is certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, reflecting its commitment to quality, environmental management, and workplace safety.
- The company maintains a dedicated quality control system supported by advanced testing equipment and contamination control processes.
- As of April 30, 2026, the company had 164 employees across production, engineering, quality control, administration, and management functions.
Company Strengths
- Manufacturer of compact spun cotton yarn with a capacity of 10,000 MT per annum.
- Modern spinning infrastructure with 28,608 spindles.
- Strong and long-standing customer relationships across the textile industry.
- Strategic location in the cotton-rich Vidarbha region ensuring raw material availability.
- ISO-certified quality, environmental, and safety management systems.
- Dedicated in-house quality control and testing facilities.
- Cost-efficient production and timely order fulfillment capabilities.
- Fully integrated spinning operations supported by modern technology.
Use of Proceeds
| 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 | |
| Total | 25.98 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Shreedhar Spinners IPO Peer Comparison
Shreedhar Spinners peer comparison with similar listed entities. (As on March 28, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Shreedhar Spinners Limited | 4.03 | 4.03 | 19.01 | - | 20.74 | - | Standalone |
| AB Cotspin India Limted | 6.06 | 6.06 | 69.15 | 33.69 | 8.65 | 2.96 | Standalone |
| Siddhi Cotspin Limited | 4.38 | 4.38 | 55.82 | 6.39 | 7.08 | 0.51 | Standalone |
Quick Info
| Sector | Textiles and Apparel |
| Exchange | NSE SME |
| Market Cap (Pre-IPO) | ₹113.62 Cr |
Important Dates
| IPO Open | Jun 23, 2026 |
| IPO Close | Jun 25, 2026 |
| Allotment Date | Jun 29, 2026 |
| Credit to Demat | Jun 30, 2026 |
| Listing Date | Tentative: Jul 01, 2026 |
Lead Manager(s)
Marwadi Chandarana Intermediaries Brokers Pvt.Ltd.
Registrar
Description
- IPO Type: Book build issue aggregating to ₹30.68 crores.
- Issue Structure: Entirely a fresh issue of 0.58 crore shares totaling ₹30.68 crores.
- IPO Dates: The issue opened on June 23, 2026 and closes on June 25, 2026.
- Allotment Date: The allotment is expected to be finalized on June 29, 2026.
- Listing Details: The shares are proposed to be listed on National Stock Exchange of India SME on July 1, 2026.
- Retail Investment Requirement: Minimum 2 lots (4,000 shares) amounting to approximately ₹2,12,000 (at the upper price band).
- HNI Investment Requirement: Minimum 3 lots (6,000 shares) totaling around ₹3,18,000.
- Issue Price Band: ₹51 to ₹53 per equity share.
- Lot Size: 2,000 shares per lot.
This IPO offers investors an opportunity to participate in the textile and yarn manufacturing sector through a fresh issue of shares.