Shreedhar Spinners IPO
Shreedhar Spinners IPO Listing Day Performance
Shreedhar Spinners listed on NSE SME on 01 July 2026 at ₹54.40, a 2.64% premium over the issue price of ₹53. A retail investor allotted the minimum application of 4,000 shares (2 lots) gained ₹5,600 at the listing price.
GMP vs actual listing
| Last GMP before listing | ₹0 (+0%) |
| GMP-implied listing | ₹53 |
| Actual listing | ₹54.40 |
| Difference | +₹1.4 (+2.6%) |
Demand going into listing
| Subscribed overall | 6.8× |
| QIB | 2.51× |
| NII | 15.06× |
| Retail | 5.71× |
Market Sentiment
The overall score is a weighted average of the parts below, so one weak part can sit inside a strong overall reading.
IPO Details
Day-wise Subscription (times subscribed)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.02x | 0.39x | 2.51x |
| NII | 1.53x | 4.36x | 15.06x |
| bNII > ₹10L | 1.98x | 5.53x | 18.65x |
| sNII 2-10L | 0.63x | 2.00x | 7.86x |
| Retail | 0.41x | 0.70x | 5.71x |
| Total | 0.49x | 1.27x | 6.80x |
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
Financial Performance
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 126.35 | 134.43 | 146.55 |
| Expense | 122.30 | 130.30 | 139.08 |
| Profit (PAT) | 3.35 | 3.42 | 6.17 |
| Total Assets | 92.28 | 102.32 | 172.12 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Shreedhar Spinners This IPO | 4.03 | - | 20.74 | 19.01 | - |
| AB Cotspin India Limited | 6.06 | 33.69 | 8.65 | 69.15 | 301.46 Cr |
| Siddhi Cotspin Limited | 4.38 | 4.38 | 7.08 | 55.82 | 478.27 Cr |
Promoters & Holding Pattern
Promoters: Shreedhar Cotsyn Private Limited, Dharmendra Mohandas Goyal, Vishal Agarwal, Sunita Dharmendra Goyal, Pooja Agarwal and Varesh Goyal
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 1,56,50,000 | 96.55% |
| Promoter Holding Post Issue | 2,14,38,000 | 70.48% |
Strengths & Risks
- Strong institutional (QIB) demand — 2.5x.
- Strong return on equity — 25%.
- Elevated leverage — debt/equity of 3.89.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
About Shreedhar Spinners
Established in December 2020, Shreedhar Spinners Limited is engaged in the manufacturing of 100% compact spun cotton yarn. The company produces yarn in the Ne 10s to Ne 40s range at its modern spinning facility located in the Amravati Textile Park, Maharashtra, which has an installed capacity of 10,000 MT per year and 28,608 spindles. Its cotton yarn is used for both knitting and weaving applications and serves industries such as apparel, denim, towels, shirts, bedsheets, sweaters, socks, furnishing fabrics, and industrial textiles. The company manufactures cotton yarn suitable for both knitting and weaving applications, catering to diverse end-use sectors such as apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics, and industrial textiles. Operating exclusively in the B2B segment, Shreedhar Spinners supplies its products to textile manufacturers, exporters, traders, and fabric processors, primarily across Maharashtra.
Company Contact Information
Shreedhar Spinners Ltd., 503, Matharu Arcade, Subhash Road, Vile Parle East,, Mumbai, Maharashtra, 400057
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| Funding incremental working capital requirements of the Company | 21.04 |
| Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra | 4.95 |
| General Corporate Purpose | - |
Resources & Documents
Anchor Investors
Shreedhar Spinners IPO - Quick Take
Shreedhar Spinners has set a price band of Rs 50–Rs 53 per share for an issue size of Rs 31 crore. The stock listed with a 2.64% gain versus its issue price on July 01, 2026.
The issue is promoted by Shreedhar Cotsyn Private Limited, Dharmendra Mohandas Goyal, Vishal Agarwal, Sunita Dharmendra Goyal, Pooja Agarwal and Varesh Goyal with Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards funding incremental working capital requirements of the Company (Rs 21 crore) and purchase of machineries into existing manufacturing facility at Amravati, Maharashtra (Rs 5 crore).
On fundamentals, the company is posting revenue growth of 9.0%, a profit margin of 4.2%, return on equity of 24.6% in its most recent reported period. Listed peers in this segment include AB Cotspin India Limited (P/E 33.69x) and Siddhi Cotspin Limited (P/E 4.38x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
On our data-signal score, the combined signals for this issue currently read weak — several key indicators are reading below average. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
Shreedhar Spinners IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed.
See the full Shreedhar Spinners GMP history and trend, or learn how grey market premium works and how reliable it is.
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