← IPO Calendar

Shreedhar Spinners IPO IPO

SME23 Jun 202625 Jun 2026
Open
23 Jun 2026
Close
25 Jun 2026
3
Allotment
Listing
Wed, Jul 1, 2026
Price Band
₹51 to ₹53
Issue Size
57,88,000 shares (agg. up to ₹31 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Jul 1, 2026
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight

GMP Trend

01-07-20260Est. ₹53+0%
30-06-20260Est. ₹53+0%
29-06-20260Est. ₹53+0%
28-06-20260Est. ₹53+0%
27-06-20260Est. ₹53+0%
26-06-20260Est. ₹53+0%
25-06-20260Est. ₹53+0%

Live Subscription

CategorySubscription (times)
QIB2.51x
NII14.58x
Retail5.71x
Total4.69x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets172.12102.3292.28
Total Income146.55134.43126.35
Profit After Tax6.173.423.35
EBITDA17.6213.1113.41
NET Worth29.7620.3416.92
Reserves and Surplus14.115.341.92
Total Borrowing115.9065.3162.11
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Harikanta Overseas Ltd.SME₹24.30 Cr₹9114.66₹75.77-16.74%₹75.50 (-1.95%)
Yajur Fibres Ltd.SME₹120.41 Cr₹17423.49₹132.25-23.99%₹36.78 (-3.16%)
K K Silk Mills Ltd.SME₹28.50 Cr₹3812.12₹30.40-20.00%₹10.45 (-4.91%)
Game Changers Texfab Ltd.SME₹54.84 Cr₹10210.58₹109.35+7.21%₹98.10 (+3.26%)
Sihora Industries Ltd.SME₹10.56 Cr₹6613.14₹66.50+0.76%₹59.00 (+0.00%)
Siddhi Cotspin Ltd.SME₹69.85 Cr₹10816.06₹82.10-23.98%₹28.65 (-1.72%)
Rachit Prints Ltd.SME₹19.50 Cr₹14911.85₹113.25-23.99%₹205.10 (-4.16%)
Spunweb Nonwoven Ltd.SME₹60.98 Cr₹9615.79₹158.55+65.16%₹102.00 (-2.02%)
Silky Overseas Ltd.SME₹30.68 Cr₹16112.98₹162.45+0.90%₹75.65 (-0.20%)
Cedaar Textile Ltd.SME₹60.90 Cr₹14012.07₹113.05-19.25%₹17.85 (-4.29%)
Shree Ram Twistex Ltd.Mainboard₹110.24 Cr₹10438.21₹71.40-31.35%₹41.00 (-1.58%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding incremental working capital requirements of the Company21.04
2Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra4.95
3General Corporate Purposes1.63
4Issue Expenses3.07
Total30.68

About Shreedhar Spinners IPO

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. Shreedha

Contact Details

Shreedhar Spinners Ltd. Address503, Matharu ArcadeSubhash RoadVile Parle EastMumbai, Maharashtra, 400057+91 22 4515 8777company.sec@shreedhar.comVisit Website