| IPO Date | June 23, 2026 to June 25, 2026 |
| Listing Date | July 1, 2026 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 51 to ₹ 53 / Share |
| Lot Size | 2000 Shares |
| Total Issue Size | 5788000 (Aggregating up to 31 ) |
| Fresh Issue | 5402000 (Aggregating up to 29 ) |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share holding pre issue | 15650000 |
| Share holding post issue | 21438000 |
| Market Maker portion |
Shreedhar Spinners IPO opens on June 23, 2026, and closes on June 25, 2026.
| IPO Open Date | June 23, 2026 |
| IPO Close Date | June 25, 2026 |
| Basis of Allotment | June 29, 2026 |
| Initiation of Refunds | June 30, 2026 |
| Credit of Shares to Demat | June 30, 2026 |
| Listing Date | July 1, 2026 |
| Cut-off time for UPI mandate confirmation | -- |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | Rs.212,000 |
| Retail (Max) | 2 | 4,000 | Rs.212,000 |
| S-HNI (Min) | 3 | 6,000 | Rs.318,000 |
| S-HNI (Max) | 9 | 18,000 | Rs.954,000 |
| B-HNI (Min) | 10 | 20,000 | Rs.1,060,000 |
| HNI (Min) |
| Share Holding Pre Issue | 15650000 |
| Share Holding Post Issue | 21438000 |
Shreedhar Spinners IPO comprises a total issue size of 57,88,000 shares. The net offer to the public is 54,02,000 shares, after excluding 3,86,000 shares allotted on a firm basis. Of the Net offer 26,98,000 (49.94%) are allocated to QIB, 8,12,000 (15.03%) allocated to NII 18,92,000 (35.02%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1618000 |
27.95 |
| Market Maker Shares Offered | 386000 |
6.67 |
| Other Shares Offered | |
|
| QIB Shares Offered | 1080000 |
18.66 |
| NII (HNI) Shares Offered | 812000 15.03 |
14.03 |
| bNII > ₹10L | 540000 |
9.33 |
| sNII < ₹10L | 272000 |
4.70 |
| Retail Shares Offered | 1892000 35.02 |
32.69 |
| Employee Shares Offered | |
|
| Total Shares Offered | 5788000 100.00 |
| Bid Date | 2026-06-22 |
| Shares Offered | 1618000 |
| Anchor Portion Size (In Cr.) | 8.58 |
| Anchor lock-in period end date for 50% shares (30 Days) | July 28, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | September 26, 2026 |
Incorporated in December 2020, Shreedhar Spinners Limited is a cotton yarn manufacturing company engaged in the production of 100% compact spun cotton yarn with counts ranging from Ne 10s to Ne 40s. The company operates a modern spinning facility located in the Amravati Textile Park, Maharashtra, with an installed production capacity of 10,000 MT per annum and 28,608 spindles.
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.
The company sources raw cotton from local ginners, traders, and the Cotton Corporation of India (CCI) and benefits from its strategic location in the cotton-rich Vidarbha region. It is certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards and maintains a dedicated quality control team supported by advanced testing equipment and contamination control systems.
Shreedhar Spinners is led by promoters Dharmendra Mohandas Goyal and Vishal Agarwal, both Chartered Accountants with over 25 years of textile industry experience.
As of April 30, 2026, the company employed 164 personnel across production, engineering, quality control, administration, and management functions.
Key Strengths:
| KPI | Values |
|---|---|
| ROE | 24.64 |
| ROCE | 9.34 |
| Debt/Equity | 3.89 |
| RoNW | 20.74 |
| P/BV | 2.79 |
| PAT Margin (%) | 4.22 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.94 | 2.88 |
| P/E (x) | 13.44 | 18.41 |
Shreedhar Cotsyn Pvt.Ltd., Dharmendra Mohandas Goyal, Vishal Agarwal, Sunita Dharmendra Goyal, Pooja Agarwal and Varesh Goyal
Shreedhar Spinners Ltd. Address 503, Matharu Arcade Subhash Road Vile Parle East Mumbai, Maharashtra, 400057
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