Shreedhar Spinners IPO was the SME public issue of Shreedhar Spinners Limited, a company engaged in the manufacturing of compact spun cotton yarn. The company operates in the textile sector and focuses on producing yarn products used by textile manufacturers and other industry participants.
The company operates its manufacturing facility in Maharashtra and manufactures cotton yarn in different counts to meet the requirements of customers in the textile value chain. Its operations include sourcing cotton, spinning processes, quality testing, packaging, and supply of finished yarn products.
Shreedhar Spinners focuses on maintaining product quality, improving manufacturing efficiency, and building long-term relationships with customers. The company aims to strengthen its business operations by expanding capabilities and improving its market presence.
The Indian textile industry continues to play an important role in the manufacturing sector, supported by domestic consumption, export opportunities, and demand from apparel and textile manufacturers. However, companies operating in this sector face challenges including raw material price fluctuations, competition, and changing market conditions.
This article provides complete information about Shreedhar Spinners IPO, including IPO details, issue size, price band, subscription status, allotment status, listing performance, company overview, financial details, strengths, risks, registrar information, conclusion, and FAQs.
Shreedhar Spinners IPO Details
| IPO Details | Information |
|---|---|
| IPO Name | Shreedhar Spinners IPO |
| Company Name | Shreedhar Spinners Limited |
| IPO Status | Listed |
| IPO Type | Book Built Issue |
| Category | SME IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹51 to ₹53 Per Share |
| Issue Price | ₹53 Per Share |
| Issue Size | ₹30.68 Crore |
| Fresh Issue | 57,88,000 Equity Shares |
| Offer for Sale | Nil |
| Total Issue Size | 57,88,000 Equity Shares |
| IPO Opening Date | 23 June 2026 |
| IPO Closing Date | 25 June 2026 |
| Basis of Allotment | 29 June 2026 |
| Refund Initiation | 30 June 2026 |
| Shares Credited to Demat | 30 June 2026 |
| Listing Date | 1 July 2026 |
| Listing Exchange | NSE SME |
| Lot Size | 2,000 Shares |
| Minimum Investment | ₹1,06,000 |
| Registrar | Yet to be Updated |
| Lead Manager | Yet to be Updated |
Shreedhar Spinners IPO consisted of a fresh issue of equity shares. The company raised funds through the public issue to support business requirements and strengthen its operational capabilities.
Shreedhar Spinners IPO Dates & Timeline
Shreedhar Spinners IPO was completed through the SME IPO process, beginning with the opening of the subscription window and concluding with the listing of shares on the NSE SME platform. After the issue closure, the company completed the allotment process, credited shares to successful applicants, and finalized listing formalities.
| IPO Event | Date |
|---|---|
| IPO Opening Date | 23 June 2026 |
| IPO Closing Date | 25 June 2026 |
| Basis of Allotment | 29 June 2026 |
| Initiation of Refunds | 30 June 2026 |
| Credit of Shares to Demat Account | 30 June 2026 |
| Listing Date | 1 July 2026 |
The IPO process was completed after verification of applications and finalization of investor allotment. The company’s shares started trading on the NSE SME platform after listing.
Shreedhar Spinners IPO Reservation
The Shreedhar Spinners IPO followed the SME IPO allocation structure, where shares were distributed among different investor categories as per applicable guidelines.
| Investor Category | Reservation |
|---|---|
| Retail Individual Investors (RII) | 50% of the Net Issue |
| Non-Institutional Investors (NII) | 50% of the Net Issue |
| Market Maker Portion | 2,92,000 Equity Shares |
| Qualified Institutional Buyers (QIB) | Not Applicable |
| Employee Reservation | Not Applicable |
The final allocation was completed according to the applications received from investors during the subscription period.
Shreedhar Spinners IPO Lot Size
The lot size defines the minimum number of shares that investors were required to apply for during the IPO.
| Application Category | Shares | Investment Amount |
|---|---|---|
| Retail Minimum | 2,000 Shares | ₹1,06,000 |
| Retail Maximum | 2,000 Shares | ₹1,06,000 |
| HNI Minimum | 4,000 Shares | ₹2,12,000 |
Investors could apply only in multiples of the prescribed lot size. The minimum investment amount was calculated at the upper price band of ₹53 per share.
Shreedhar Spinners IPO Promoter Holding
The promoter shareholding changed after completion of the IPO due to the issue of fresh equity shares and increase in public ownership.
| Shareholding | Percentage |
|---|---|
| Promoter Holding Before IPO | 99.99% |
| Promoter Holding After IPO | 73.00% |
The promoters continued to hold majority ownership after the IPO, while the public shareholding increased after listing.
Shreedhar Spinners IPO GMP
Grey Market Premium (GMP) indicates unofficial market expectations before listing. It reflects investor sentiment and expected demand for shares before they begin trading on the exchange.
| Particular | Details |
|---|---|
| IPO Price | ₹53 |
| GMP Before Listing | ₹1.40 |
| Estimated Listing Price | ₹54.40 |
| Estimated Listing Gain | 2.64% |
After listing, actual market performance becomes the primary indicator of share price movement.
Shreedhar Spinners IPO Subscription Status
The Shreedhar Spinners IPO received investor participation from retail and non-institutional categories during the bidding period.
| Category | Subscription |
|---|---|
| Retail Individual Investors (RII) | 1.19x |
| Non-Institutional Investors (NII) | 1.42x |
| Total Subscription | 1.30x |
The subscription figures represent the demand received from investors during the IPO application period.
Shreedhar Spinners IPO Allotment Status
The allotment process was completed after the IPO subscription period ended. The registrar finalized investor allocations and completed refund and share credit procedures.
| Particular | Details |
|---|---|
| IPO Closing Date | 25 June 2026 |
| Basis of Allotment | 29 June 2026 |
| Refund Initiation | 30 June 2026 |
| Shares Credited to Demat Account | 30 June 2026 |
| Registrar | Bigshare Services Private Limited |
| Allotment Status | Completed |
Investors who received allotment were credited shares before the listing date, while refunds were processed for unsuccessful applicants.
Shreedhar Spinners IPO Listing Performance
Shreedhar Spinners Limited shares were listed on the NSE SME platform on 1 July 2026. The shares opened slightly above the issue price.
| Particular | Details |
|---|---|
| IPO Issue Price | ₹53 |
| Listing Price | ₹54.40 |
| Listing Gain | ₹1.40 Per Share |
| Listing Gain Percentage | 2.64% |
| Listing Day Closing Price | ₹54.40 |
| Listing Day Return | 2.64% |
The company recorded a positive market debut, with shares listing above the IPO issue price.
About Shreedhar Spinners Limited
Shreedhar Spinners Limited is engaged in the manufacturing of cotton yarn and operates in the textile industry. The company focuses on producing quality yarn products that are supplied to textile manufacturers and other participants involved in the textile value chain.
The company’s manufacturing operations include sourcing cotton, processing raw materials through spinning activities, conducting quality checks, and supplying finished yarn products to customers. It focuses on maintaining product consistency, improving production efficiency, and meeting customer requirements.
Shreedhar Spinners produces different varieties of cotton yarn based on market demand and customer specifications. The company aims to strengthen its position in the textile sector by improving operational capabilities, expanding business opportunities, and developing long-term customer relationships.
The textile industry plays an important role in India’s manufacturing sector and benefits from domestic consumption, export opportunities, and demand from apparel and textile manufacturers. However, the sector remains competitive and is influenced by factors such as cotton prices, market demand, and global textile trends.
Business Model of Shreedhar Spinners Limited
Shreedhar Spinners Limited follows a manufacturing-focused business model based on producing and supplying cotton yarn products to customers in the textile industry.
The company’s business operations include:
. Cotton Yarn Manufacturing – The company manufactures cotton yarn through spinning processes using cotton as the primary raw material.
. Raw Material Procurement – Cotton procurement plays an important role in production activities, and the company focuses on maintaining a reliable supply chain.
. Quality Management – The company conducts quality checks during manufacturing to maintain consistency and ensure products meet customer expectations.
. Customer-Based Supply – The company supplies yarn products to textile manufacturers and other customers based on their requirements.
. Operational Efficiency – The company focuses on improving manufacturing processes to enhance productivity and maintain cost efficiency.
Products and Services
Shreedhar Spinners Limited manufactures cotton yarn products used by textile manufacturers for further processing into fabrics and apparel products.
The company’s product portfolio includes:
- Cotton yarn.
- Spun yarn products.
- Textile yarn solutions.
- Customized yarn products based on customer requirements.
The company focuses on producing yarn with consistent quality and specifications suitable for various textile applications.
Industry Overview
India’s textile industry is one of the largest contributors to manufacturing, employment, and exports. The sector includes various segments such as spinning, weaving, processing, and apparel manufacturing.
The spinning industry forms an important part of the textile value chain by converting cotton and other fibres into yarn used for fabric production.
Growth opportunities in the textile sector are supported by:
- Increasing domestic textile consumption.
- Growing demand from apparel manufacturers.
- Export opportunities in global markets.
- Government initiatives supporting textile manufacturing.
- Expansion of organized textile production.
However, textile companies face challenges such as fluctuations in cotton prices, competition, changing consumer demand, and dependence on global market conditions.
Shreedhar Spinners IPO Financial Information
Shreedhar Spinners Limited has shown growth in its financial performance over recent years. The company’s financial results reflect changes in revenue, profitability, assets, and overall business operations.
Statement of Assets, Liabilities and Equity
| Particulars (₹ in Crore) | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Total Assets | 53.41 | 45.82 | 38.74 |
| Total Borrowings | 22.36 | 19.85 | 17.42 |
| Total Liabilities | 31.28 | 27.36 | 23.51 |
| Share Capital | 13.37 | 13.37 | 13.37 |
| Reserves & Surplus | 8.76 | 5.09 | 1.86 |
| Net Worth | 22.13 | 18.46 | 15.23 |
The company has strengthened its financial position through business growth and improvement in shareholders’ funds.
Statement of Profit and Loss
| Particulars (₹ in Crore) | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue from Operations | 71.86 | 63.24 | 54.18 |
| EBITDA | 9.42 | 8.17 | 6.94 |
| Profit Before Tax (PBT) | 6.35 | 5.28 | 4.11 |
| Profit After Tax (PAT) | 4.72 | 3.89 | 3.02 |
| EBITDA Margin | 13.11% | 12.92% | 12.81% |
| PAT Margin | 6.57% | 6.15% | 5.57% |
The company recorded improvement in revenue and profitability during the reported financial years.
Shreedhar Spinners IPO Key Financial Ratios
| Financial Ratio | Value |
|---|---|
| Earnings Per Share (EPS) | ₹3.53 |
| Price to Earnings (P/E) Ratio | 15.01x |
| Return on Net Worth (RoNW) | 21.33% |
| Net Asset Value (NAV) | ₹16.56 |
| Return on Capital Employed (ROCE) | 18.42% |
| EBITDA Margin | 13.11% |
| PAT Margin | 6.57% |
| Debt-to-Equity Ratio | 1.01 |
These financial ratios provide insights into the company’s profitability, operational efficiency, and financial structure. Investors should evaluate these factors along with industry conditions and future growth prospects.
Objects of the Issue
The company planned to utilize the IPO proceeds for the following purposes:
- Funding working capital requirements.
- Supporting business expansion and operational needs.
- Meeting general corporate purposes.
- Covering issue-related expenses.
The funds raised through the IPO were intended to strengthen the company’s financial position and support future business growth initiatives.
Shreedhar Spinners Limited operates in the cotton yarn manufacturing segment and benefits from its presence in the textile value chain. The company’s manufacturing capabilities, industry demand, and focus on operational efficiency provide potential growth opportunities.
. Presence in Textile Manufacturing Sector – The company operates in the spinning segment of the textile industry, which plays an important role in supplying yarn to fabric and apparel manufacturers.
. Growing Demand for Cotton Yarn – Increasing textile consumption, apparel demand, and manufacturing activities create opportunities for yarn producers.
. Focus on Product Quality – The company emphasizes quality control and production processes to maintain consistency in yarn products and meet customer requirements.
. Established Manufacturing Operations – The company has developed manufacturing capabilities to produce cotton yarn products for customers in the textile industry.
. Diversified Textile Applications – Cotton yarn is used across multiple textile applications, providing opportunities to serve different customer segments.
. Industry Growth Opportunities – Growth in domestic textile consumption, export potential, and increasing manufacturing activities provide long-term opportunities for companies operating in this sector.
Shreedhar Spinners IPO Risk Factors
Investors should carefully evaluate the following risks before investing in Shreedhar Spinners Limited.
. Cotton Price Fluctuation Risk – Cotton is the primary raw material for the company. Changes in cotton prices may increase production costs and impact profit margins.
. Competition in Textile Industry – The textile sector has intense competition from domestic and international players, which may affect pricing power and profitability.
. Dependence on Textile Demand – The company’s performance depends on demand from textile manufacturers and apparel industries. A slowdown in these sectors may affect business growth.
. Working Capital Requirement Risk – Textile manufacturing requires significant working capital for raw material procurement, inventory management, and daily operations.
. Market Condition Risk – Changes in domestic and international textile markets may influence demand, pricing, and overall business performance.
. Regulatory and Compliance Risk – The company must comply with various environmental, labour, taxation, and industry regulations. Any changes or non-compliance may impact operations.
Shreedhar Spinners IPO Registrar Details
The registrar manages IPO-related activities including processing applications, finalizing allotment, handling refunds, crediting shares, and resolving investor queries.
| Particular | Details |
|---|---|
| Registrar Name | Bigshare Services Private Limited |
| Website | www.bigshareonline.com |
| Email ID | [email protected] |
| Contact Number | +91-22-6263 8200 |
Shreedhar Spinners IPO Conclusion
Shreedhar Spinners IPO provided investors an opportunity to participate in a company operating in the cotton yarn manufacturing segment of the textile industry. The company benefits from its manufacturing capabilities, presence in the textile value chain, and opportunities created by increasing demand for textile products.
The company’s focus on production quality, operational efficiency, and customer relationships supports its business growth strategy. The textile industry also provides long-term opportunities due to domestic consumption growth and export potential.
However, investors should consider key challenges such as cotton price volatility, competition, working capital requirements, and dependence on textile market conditions before making investment decisions.
A detailed evaluation of the company’s financial performance, valuation, industry position, and future growth plans is important for investors before considering the stock.
Shreedhar Spinners IPO FAQs
What is Shreedhar Spinners IPO?
Shreedhar Spinners IPO was the SME public issue of Shreedhar Spinners Limited, a company engaged in the manufacturing of cotton yarn products.
What was the price band of Shreedhar Spinners IPO?
The price band of Shreedhar Spinners IPO was ₹51 to ₹53 per equity share.
What was the issue size of Shreedhar Spinners IPO?
The total issue size of Shreedhar Spinners IPO was ₹30.68 crore.
What was the lot size of Shreedhar Spinners IPO?
The lot size of Shreedhar Spinners IPO was 2,000 shares.
When was Shreedhar Spinners IPO listed?
Shreedhar Spinners Limited shares were listed on the NSE SME platform on 1 July 2026.
What was the listing price of Shreedhar Spinners IPO?
The shares were listed at ₹54.40 per share against the issue price of ₹53 per share.
Who was the registrar of Shreedhar Spinners IPO?
The registrar details should be mentioned according to the official IPO records.
What were the objectives of Shreedhar Spinners IPO?
The IPO proceeds were planned to be used for working capital requirements, business needs, general corporate purposes, and issue-related expenses.
