Shreedhar Spinners Limited IPO: GMP today, Price, Review, Detail

Shreedhar Spinners Limited, incorporated in 2020 and headquartered in Mumbai, is a B2B manufacturer specializing in compact spun cotton yarn (counts Ne 12s to Ne 32s) with an annual production capacity of 5,500 MTPA at its state-of-the-art Amravati facility.

Shreedhar Spinners Limited operates exclusively in the B2B segment, meaning it has no retail stores. Its customer reach is primarily concentrated in
Maharashtra supplying yarn to textile manufacturers, exporters, and traders. While the Indian yarn market is highly fragmented, the company maintains a stable presence through its 5,500 MTPA capacity and long-term B2B relationships.

Shreedhar Spinners Limited has filed DRHP with SEBI for a proposed IPO with an issue size of total 58,00,000 Equity Shares consisting entirely as Fresh Issue of 58,00,000 Equity Shares and no Offer for Sale (OFS).

Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.

Issue Size:58,00,000 Equity Shares
Fresh Issue:58,00,000 Equity Shares
Offer for Sale:₹ 00 Cr
Price Range:TBA
Lot Size:TBA
GMPPending

Shreedhar Spinners Limited important data points


Revenue, PAT, EBITDA

YearFiscal 2025
Networth₹ 20.3 Cr
Revenue:₹134.3 Cr
EBITDA₹13.1 Cr
PAT₹ 3.41 Cr
EBITDA Margin:9.76%
PAT Margin2.54%
Face Value:Rs. 10 per Equity Share

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Working Capital Requirement₹ 21.03 Cr
Purchasing Machinery₹ 4.72 Cr
Borrowing Repayment₹ 00 Cr
General Corporate PurposeBalance

Shreedhar Spinners Limited Financial Data

202320242025
Revenue (₹ Cr)₹ 20.2₹ 126.1₹ 134.3
PAT (₹ Cr)₹ -1.4₹ 3.4₹ 3.4
Asset (₹ Cr)₹ 82.6₹ 92.3₹ 102.3
Net Worth (₹ Cr)₹ 13.6₹ 16.9₹ 20.3

Shreedhar Spinners IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
31-Jan₹ –₹ –₹ –
30-Jan₹ –₹ –₹ –
29-Jan₹ –₹ –₹ –
28-Jan₹ –₹ –₹ –
27-Jan₹ –₹ –₹ –


Shreedhar Spinners Limited

Shreedhar Spinners Limited IPO Pros & Cons

Strengths:

Risks:

Shreedhar Spinners Limited Promoters – Pre offer equity (Approx)

Shreedhar Cotsyn pvt. Ltd~92.65%
Vishal Agarwal~1.12%
Dharmendra Mohandas Goyal~0.70%
Varesh Goyal~0.27%

Shreedhar Spinners Limited Lot Size details

Application TypeLot SizeNo. of LotsNo. of SharesInvestment Amount
Retail(Min)1₹ –
Retail (Max)13₹ –
Small HNI (Min)14₹ –
Small HNI (Max)66₹ –
Big HNI (Min)67₹ –

Lead Managers / Registrars of Shreedhar Spinners Limited

Lead / Book Running Lead ManagersMarwadi Chandarana Intermediaries Brokers Pvt. Ltd.
Registrar (RTA)MUFG Intime India Private Limited.

Founding Year of Shreedhar Spinners Limited & Managing Director

Shreedhar Spinners Limited was incorporated on December 9, 2020.

The company is currently led by Dharmendra Mohandas Goyal.

Shreedhar Spinners Limited FAQ

  • It manufactures high-quality cotton yarn and open-end yarn primarily for the textile industry.
  • Shreedhar Spinners Limited is raising fund via IPO for working capital, purchase machinery for its Amravati facility, and for general corporate purposes.
  • Shreedhar Spinners Limited plans to issue 5,800,000 equity shares and will list on the NSE SME platform.
  • Key risks include volatile cotton prices, intense market competition, high working capital dependency, and cyclical textile industry fluctuations.
  • Potential upsides of the IPO include capacity expansion, strategic location, experienced management, modern technology, and strong B2B customer relationships in Maharashtra.
  • Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers.
  • The specific dates related to the IPO is still pending but listing is expected in the first half of 2026.

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