Shreedhar Spinners IPO
Market Sentiment
IPO Details
IPO Reservation
Market Lot Size
Return Estimator (GMP*)
Financial Analysis
| 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 |
| Company | P/E | EPS |
|---|---|---|
| AB Cotspin India Limited | 33.69 | 6.06 |
| Siddhi Cotspin Limited | 4.38 | 4.38 |
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 return on equity — 25%.
- 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
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.
| 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
Shreedhar Spinners Ltd., 503, Matharu Arcade, Subhash Road, Vile Parle East,, Mumbai, Maharashtra, 400057
Shreedhar Spinners has set a price band of Rs 50–Rs 53 per share for an issue size of Rs 31 crore. The SME issue is scheduled to open for subscription on June 23, 2026 — 6 days from now.
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).
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.
All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Understanding Grey Market Premium (GMP)
The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.
How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.
Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.
Factors that influence GMP:
- Subscription levels — Higher subscription typically drives GMP up
- Market conditions — Bullish markets tend to boost GMP across all IPOs
- Company fundamentals — Strong financials and growth potential attract premium
- Industry sentiment — Positive outlook for the sector can increase demand
- IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP
Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.
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