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Shreedhar Spinners IPO
Price Band
₹51.0–53.0
Issue Size
₹30.68 Cr
Lot Size
2,000 shares
Min Investment
₹212,000
2 LOTS MIN
GMP
—
Issue Price
₹53.0
Shreedhar Spinners IPO AI Summary
- Shreedhar Spinners IPO is listed on NSE SME in the Other Textile Products sector.
- Price band: ₹51.0–₹53.0 per share, lot size 2,000 shares (min. investment ₹212,000, 2 lots minimum).
- Subscription window: 23 Jun–25 Jun 2026, listing on 01 Jul 2026.
Shreedhar Spinners Ltd. is an SME engaged in the manufacturing of cotton yarn, with a strong focus on B2B operations. The company has shown consistent revenue and profit growth, backed by modern facilities and quality certifications. The IPO aims to raise funds for working capital and machinery upgrades, with significant interest observed in the subscription data.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
Overall Subscription
6.70x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
2.51x
|
2.51x |
| NII (HNI) |
14.58x
|
15x ✓ |
| ↳ bNII (>₹10L) |
17.94x
|
18x ✓ |
| ↳ sNII (<₹10L) |
7.86x
|
7.86x |
| Retail (RII) |
5.71x
|
5.71x |
| Total | 6.70x | 6.70x |
Auto-updated every 5 min · As of 25th Jun 2026 18:57
Shreedhar Spinners IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
Shreedhar Spinners Ltd. is engaged in the manufacturing of compact spun cotton yarn across a wide range of counts from Ne 12s to Ne 32s. Its manufacturing facility is located at Plot No. T-15, Additional Amravati Industrial Area Textile Park, Tuljapur, Amravati – 444901, Maharashtra, India. The facility spans approximately 1,20,000 square meters and has been allotted for a 95-year term, providing stability and scalability for future operations. As of September 30, 2025, the Company has an installed production capacity of 5,500 metric tonnes of cotton yarn per annum, supported by 18,240 spindles. The manufacturing unit operates continuously, running 24 hours a day for approximately 360 days a year, ensuring optimal utilisation of capacity and uninterrupted production. The facility is equipped with modern, state-of-the-art spinning technology and advanced processing techniques, enabling the production of high-quality cotton yarn. Raw cotton bales serve as the primary raw material, and the finished yarn is suitable for both knitting and weaving. The Company’s products cater to a wide range of end-use segments, including apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics, and industrial fabrics. The Company operates exclusively in the business-to-business (B2B) segment, supplying yarn to textile manufacturers, yarn exporters, traders, and fabric processors. Its strong focus on B2B customers allows it to streamline production planning, logistics, and supply chain operations, ensuring consistent quality, timely delivery, and efficient order fulfilment. The Company primarily serves customers with a significant presence in Maharashtra. The Company holds multiple internationally recognised certifications, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, reflecting its commitment to quality management systems, environmental responsibility, and occupational health and safety standards. To ensure consistent product quality, the Company has an in-house Testing and Quality Control team comprising five members as of September 30, 2025. The facility is equipped with manual, semi-automatic, and automatic testing machines, including online automatic contamination sorters, Uster Quantum Clearers, and advanced testing equipment from USTER (Switzerland). Rigorous testing of raw materials and finished goods helps improve procurement efficiency, minimise wastage, reduce returns, and enhance overall cost efficiency. Company Strengths Modern Manufacturing InfrastructureState-of-the-art spinning technology and advanced processing systems enable the production of consistent, high-quality cotton yarn. Wide Product RangeAbility to manufacture compact spun cotton yarn in counts ranging from Ne 12s to Ne 32s, suitable for diverse textile applications. High Operational EfficiencyContinuous 24×7 operations for approximately 360 days a year ensure optimal capacity utilization and steady output. Strong Quality Assurance SystemsIn-house testing and quality control supported by advanced USTER equipment ensures superior yarn quality and reliability. International CertificationsISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications demonstrate strong governance across quality, environmental, and safety standards. Exclusive B2B FocusDedicated servicing of manufacturers, exporters, and traders allows customized yarn solutions based on specific technical requirements such as count, twist, and strength. Strategic LocationManufacturing facility located in Maharashtra with proximity to key textile markets, enabling efficient logistics and customer servicing. Cost Optimization and Waste ReductionRigorous testing of raw materials and finished goods reduces wastage, returns, and procurement-related inefficiencies.
Company Financials (₹ Cr)
As of 2026-03-31
| 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 |
Key Ratios
EPS
₹3.94
NAV
₹19.01
ROE
24.64%
ROCE
9.34%
RoNW
20.74%
P/B Value
2.79
P/E Ratio
13.44
Market Cap
₹113.62 Cr
PAT Margin
4.22%
Debt/Equity
3.89
Promoters
Shreedhar Cotsyn Pvt.Ltd., Dharmendra Mohandas Goyal, Vishal Agarwal, Sunita Dharmendra Goyal, Pooja Agarwal and Varesh Goyal
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 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 1.63 4 Issue Expenses 3.07 Total 30.68
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹126.35 Cr in the year ending 31 Mar 2024, increasing to ₹134.43 Cr by 31 Mar 2025, and further rising to ₹146.55 Cr by 31 Mar 2026. This shows a consistent upward trend in revenue over the three periods.
Profit Trend
Profit After Tax was ₹3.35 Cr in the year ending 31 Mar 2024, which rose to ₹3.42 Cr by 31 Mar 2025, and further increased to ₹6.17 Cr by 31 Mar 2026. This indicates a significant growth in profitability over the periods.
Grey Market Premium, Explained
The grey market refers to the unofficial trading of shares prior to their official listing on the stock exchange. It provides an indication of the expected demand for the shares once they are listed. The Grey Market Premium (GMP) is the difference between the grey market price and the issue price, which can give investors a sense of potential listing gains or losses.
Subscription Demand
As of 25th June 2026, the IPO has been subscribed 6.7 times overall. The breakdown includes QIBs at 2.51 times, NIIs at 14.58 times, bNIIs (>₹10L) at 17.94 times, sNIIs (<₹10L) at 7.86 times, and Retail investors at 5.71 times.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It is important to consider the company's fundamentals, market conditions, and personal financial situation before investing.
Who May Want to Wait
Investors who prefer stable returns and are risk-averse may want to avoid this IPO, especially if they are not comfortable with the inherent risks associated with investing in newly listed companies.
IPO Timeline, Explained
The IPO process involves several key dates: the opening date is 23rd June 2026, closing on 25th June 2026, with allotment scheduled for 29th June 2026 and listing on 1st July 2026. Investors should be aware of these dates for timely participation.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when shares are listed on the stock exchange at a price higher than the issue price. However, there are risks involved, as market conditions can change rapidly, and shares may not perform as expected on the listing day.
This evaluation is generated from Shreedhar Spinners's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is the price band of Shreedhar Spinners IPO?
The price band of Shreedhar Spinners IPO is ₹51.0–₹53.0 per share.
When does Shreedhar Spinners IPO open and close?
Shreedhar Spinners IPO opens on 23 June 2026 and closes on 25 June 2026.
When does Shreedhar Spinners IPO list on the stock exchange?
Shreedhar Spinners IPO listed on 01 July 2026 at ₹53.0.
What is the lot size for Shreedhar Spinners IPO?
The lot size for Shreedhar Spinners IPO is 2000 shares, requiring a minimum investment of ₹212,000 (2 lots).
What is the price band for the IPO?
The price band for the IPO is ₹51.0 to ₹53.0.
What is the minimum investment required?
The minimum investment required is ₹212,000.
What is the lot size for the IPO?
The lot size for the IPO is 2000 shares.
When is the listing date?
The listing date is scheduled for 1st July 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected demand for shares before they are officially listed.
Issue Details
Investor Allocation
Registrar
Anchor Investors
₹30.0 Cr
Total allocated
Anchor allocation date: 22 Jun 2026
SBI Mutual Fund
HDFC Mutual Fund
Axis Mutual Fund
Nippon India MF
Kotak Mahindra MF
⚠️ Lock-in: 50% of anchor shares unlock 30 days after listing. Watch for selling pressure around that date.
Lead Managers / Book Running
IPO Timeline
Open
23 Jun 2026
Close
25 Jun 2026
Allotment
29 Jun 2026
Listing
01 Jul 2026
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