Shreedhar Spinners IPO

Listed SME
Min Investment
₹2,12,000
4000 Shares
Min Investment
₹2,12,000 · 4000 Shares
Open Jun 23
Close Jun 25
Allotment Jun 29
Refund Jun 30
Listing Jul 01

Market Sentiment

+Rs 0
+0.0%
Est. Listing: Rs 53
Updated: Jun 19, 2026 4:38 pm
Subscription Status
QIB
2.51x
NII
15.06x
bNII (>10L)
18.65x
sNII (2-10L)
7.86x
Retail
5.71x
Total
6.80x
Updated: Jun 25, 2026 5:17 pm IST
Analysis Score 36 / 100
Avoid
Data: 80%
GMP Score 40
Subscription Score 25
Financial Health 46
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹50-53 per equity share
Face Value₹10 Per Equity Share
Lot Size 4000 shares (Min ₹2,12,000)
Total Issue Size ₹31.00 crore
Fresh Share₹31.00 crore
Issue TypeBookbuilding Issue
Lead ManagerMarwadi Chandarana Intermediaries Brokers Pvt. Ltd.
RegistrarMUFG Intime India Pvt. Ltd.
Listing atNSE
NSE SymbolSHREEDHAR
ISIN
Listing Price₹54.40
Listing Gain+2.64%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 4,000 ₹2,12,000
Retail Maximum 2 4,000 ₹2,12,000
S-HNI Minimum 3 6,000 ₹3,18,000
S-HNI Maximum 9 18,000 ₹9,54,000
B-HNI Minimum 10 20,000 ₹10,60,000
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB10,80,00028.54%
NII (HNI)8,12,00021.46%
bNII > ₹10L5,41,33414.31%
sNII < ₹10L2,70,6667.15%
Retail18,92,00050.00%
Anchor16,18,00042.76%
Total37,84,000100.00%

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

Financial Analysis

Financial Data
EPS (Pre)
Rs 4.03
ROE
24.64%
ROCE
9.34%
RoNW
20.74%
EBITDA Margin
12.04%
Debt/Equity
3.89
NAV/Share
Rs 19.01
Revenue Growth
9.02%
Profit Margin
4.21%
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
Values in Crores (₹)
Peer Comparison
Company EPS P/E RoNW % NAV Income
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

Strengths
  • Strongly subscribed — 6.8x overall (so far).
  • Strong institutional (QIB) demand — 2.5x.
  • Strong return on equity — 25%.
Risks & Concerns
  • Elevated leverage — debt/equity of 3.89.

Auto-generated from live GMP, subscription, valuation and financial data. 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.

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
Anchor Bidding Date
June 22, 2026
Shares Offered to Anchors
16,18,000
Lock-in End (30 Days, 50%)
July 29, 2026
Lock-in End (90 Days, 50%)
September 27, 2026
Company Contact Information

Shreedhar Spinners Ltd., 503, Matharu Arcade, Subhash Road, Vile Parle East,, Mumbai, Maharashtra, 400057

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.

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.

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).

Current grey market activity shows a flat premium, indicating muted unofficial demand. Final subscription data records overall subscription at 6.80x, retail at 5.71x, QIB at 2.51x, NII at 15.06x.

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 are trading.

Our data-driven engine currently flags this issue as an Avoid view — key indicators are weak enough that the risk-reward looks unfavourable for now. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Shreedhar Spinners IPO is Rs 50 to Rs 53 per share. Face value is Rs 10 per share.

The total issue size of Shreedhar Spinners IPO is Rs 31 crore, comprising fresh issue of Rs 31 crore.

Retail investors must apply for a minimum of 1 lot of 4000 shares, requiring an investment of Rs 2,12,000.

Shreedhar Spinners IPO opens for subscription on June 23, 2026 and closes on June 25, 2026. Anchor investor bidding is scheduled for June 22, 2026.

The expected allotment date for Shreedhar Spinners IPO is June 29, 2026. Refunds for unsuccessful applicants are expected on June 30, 2026.

Shreedhar Spinners IPO is scheduled to list on July 01, 2026 on NSE. NSE symbol: SHREEDHAR, ISIN: –.

The current GMP (Grey Market Premium) of Shreedhar Spinners IPO is +Rs 0 (+0.0% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Shreedhar Spinners IPO is currently subscribed 6.80 times overall — retail at 5.71x, QIB at 2.51x, NII at 15.06x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 5.71x for Shreedhar Spinners IPO, the estimated retail allotment probability is approximately 20.0%. This is a moderate probability of allotment.

The registrar for Shreedhar Spinners IPO is MUFG Intime India Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Shreedhar Spinners IPO are Marwadi Chandarana Intermediaries Brokers Pvt. Ltd..

The promoter(s) of Shreedhar Spinners are Shreedhar Cotsyn Private Limited, Dharmendra Mohandas Goyal, Vishal Agarwal, Sunita Dharmendra Goyal, Pooja Agarwal and Varesh Goyal.

Shreedhar Spinners IPO GMP — What It Means

The latest grey market premium for Shreedhar Spinners IPO is ₹0 (+0.0%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Shreedhar Spinners it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

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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