Published: 17 June 2026 | 8.00 AM
Last Updated: 17 June 2026 | 11.00 PM
Shreedhar Spinners IPO Review, GMP, Price Band, Subscription & Allotment Status
IPO Overview / Intro
Shreedhar Spinners IPO is an SME book building issue aggregating up to Rs. 30.68 Crore. The IPO comprises a fresh issue of 57,88,000 equity shares and there is no Offer for Sale component.
The IPO opens for subscription on 23 June 2026 and closes on 25 June 2026. The shares are proposed to be listed on NSE SME with a tentative listing date of 1 July 2026.
Shreedhar Spinners Limited is engaged in the manufacturing of 100% compact spun cotton yarn with counts ranging from Ne 10s to Ne 40s. The company operates a modern spinning facility at Amravati Textile Park, Maharashtra with an installed production capacity of 10,000 MT per annum and 28,608 spindles.
The company supplies cotton yarn to textile manufacturers, exporters, traders and fabric processors serving applications including apparel, denim, towels, bed linen, sweaters, socks, furnishing fabrics and industrial textiles.
Key Highlights
| Particulars | Details |
|---|---|
| IPO Type | SME Book Building IPO |
| Issue Size | Rs. 30.68 Crore |
| Fresh Issue | 57,88,000 Shares |
| Offer For Sale | Nil |
| Price Band | Rs. 50 to Rs. 53 Per Share |
| Face Value | Rs. 10 Per Share |
| Listing Exchange | NSE SME |
| Lot Size | 2,000 Shares |
| Retail Application | Rs. 2,12,000 |
| Market Cap | Rs. 113.62 Crore (Pre IPO) |
| Listing Date | 1 July 2026 |
👉 | IPO GMP – which IPO commands fancy?
| IPO Reviews | IPO Subscription | IPO Allotment |
Shreedhar Spinners IPO GMP – Latest Update
| GMP Details | Value |
| Shreedhar Spinners IPO GMP Today | Updating Soon |
| Kostak Rate | Updating Soon |
| Subject to Sauda | Updating Soon |
Shreedhar Spinners IPO Subscription Status – Live Update
| Category | Subscription |
| QIB Category | Updating Soon |
| NII Category | Updating Soon |
| Retail Category | Updating Soon |
| Total Subscription | Updating Soon |
IPO Details at a Glance
| Particulars | Details |
| IPO Date | 23 June 2026 to 25 June 2026 |
| Listing Date | 1 July 2026 |
| Face Value | Rs. 10 Per Share |
| Price Band | Rs. 50 to Rs. 53 Per Share |
| Lot Size | 2,000 Shares |
| Issue Type | Book Building SME IPO |
| Listing At | NSE SME |
| Total Issue Size | 57,88,000 Shares |
| Issue Size | Rs. 30.68 Crore |
| Fresh Issue | 57,88,000 Shares |
| Offer For Sale | Nil |
| Reserved For Market Maker | 3,86,000 Shares |
| Market Maker | Mansi Share & Stock Broking Pvt. Ltd. |
| Net Offered To Public | 54,02,000 Shares |
| Shareholding Pre Issue | 1,56,50,000 Shares |
| Shareholding Post Issue | 2,14,38,000 Shares |
| Market Cap | Rs. 113.62 Crore (Pre IPO) |
IPO Timetable
| Event | Date |
| IPO Open Date | 23 June 2026 |
| IPO Close Date | 25 June 2026 |
| Basis of Allotment | 29 June 2026 |
| Refund Initiation | 30 June 2026 |
| Credit of Shares | 30 June 2026 |
| Listing Date | 1 July 2026 |
Reservation
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
| Anchor Investor Shares Offered | 16,18,000 | 29.95% | 27.95% |
| QIB Shares Offered | 26,98,000 | 49.94% | 46.61% |
| QIB Ex Anchor | 10,80,000 | 19.99% | 18.66% |
| NII Shares Offered | 8,12,000 | 15.03% | 14.03% |
| bNII Shares Offered | 5,41,334 | 10.02% | 9.35% |
| sNII Shares Offered | 2,70,666 | 5.01% | 4.68% |
| Retail Shares Offered | 18,92,000 | 35.02% | 32.69% |
| Market Maker Shares Offered | 3,86,000 | – | 6.67% |
| Total Shares Offered | 57,88,000 | 100.00% | 100.00% |
Lot Size
| Application Type | Lots | Shares | Amount |
| Retail Minimum | 2 | 4,000 | Rs. 2,12,000 |
| Retail Maximum | 2 | 4,000 | Rs. 2,12,000 |
| S-HNI Minimum | 3 | 6,000 | Rs. 3,18,000 |
| S-HNI Maximum | 9 | 18,000 | Rs. 9,54,000 |
| B-HNI Minimum | 10 | 20,000 | Rs. 10,60,000 |
Company Details
Shreedhar Spinners Limited was incorporated in December 2020 and is engaged in the manufacturing of compact spun cotton yarn for knitting and weaving applications.
The company operates a modern spinning facility at Amravati Textile Park, Maharashtra with installed production capacity of 10,000 MT per annum and 28,608 spindles.
The company serves textile manufacturers, exporters, traders and processors across various textile segments including apparel, denim, towels, bed linen and industrial textiles.
The business benefits from its location in the cotton-rich Vidarbha region, ensuring access to raw material and supply chain efficiency.
Competitive Strengths
Key Strengths
- Manufacturer of Compact Spun Cotton Yarn
- Modern Manufacturing Infrastructure
- Capacity of 10,000 MT Per Annum
- Strategic Location In Cotton Belt
- Strong Customer Relationships
- ISO Certified Manufacturing Operations
- In-house Quality Control Facilities
- Experienced Promoter Group
IPO Objects
| Sr. No. | Objects of the Issue | Estimated Amount |
| 1 | Funding Incremental Working Capital Requirements | Rs. 21.04 Crore |
| 2 | Purchase of Machinery at Existing Facility | Rs. 4.95 Crore |
| 3 | General Corporate Purposes | To Be Declared |
| Total | Total Utilization | Rs. 25.99 Crore |
Company Address
| Particulars | Details |
| Registered Office | 503, Matharu Arcade, Subhash Road, Vile Parle East, Mumbai, Maharashtra – 400057 |
| Phone | +91 22 4515 8777 |
| company.sec@shreedhar.com |
Lead Manager & Registrar
| Particulars | Details |
| Lead Manager | Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Registrar Phone | +91-22-4918 6270 |
| Registrar Email | shreedharspinners.smeipo@in.mpms.mufg.com |
| Market Maker | Mansi Share & Stock Broking Pvt. Ltd. |
Financials
| Particulars (Rs. Crore) | FY2026 | FY2025 | FY2024 |
| Total Assets | 172.12 | 102.32 | 92.28 |
| Total Income | 146.55 | 134.43 | 126.35 |
| Profit After Tax | 6.17 | 3.42 | 3.35 |
| EBITDA | 17.62 | 13.11 | 13.41 |
| Net Worth | 29.76 | 20.34 | 16.92 |
| Reserves & Surplus | 14.11 | 5.34 | 1.92 |
| Total Borrowings | 115.90 | 65.31 | 62.11 |
Valuation
Key Performance Indicators (KPI)
| KPI | FY2026 |
| ROE | 24.64% |
| ROCE | 9.34% |
| Debt / Equity | 3.89 |
| RoNW | 20.74% |
| PAT Margin | 4.22% |
| EBITDA Margin | 12.04% |
| Price To Book Value | 2.79 |
EPS & Valuation
| Particulars | Pre IPO | Post IPO |
| EPS (Rs.) | 3.94 | 2.88 |
| P/E (x) | 13.44 | 18.41 |
Shareholding Pattern
| Particulars | Pre Issue | Post Issue |
| Promoter Holding | 96.55% | 70.48% |
Chanakya View
Investment Summary
| Parameter | Observation |
| Industry | Cotton Yarn Manufacturing |
| Business Model | B2B Textile Supply |
| Capacity | 10,000 MT Per Annum |
| Location Advantage | Strong |
| Revenue Trend | Stable Growth |
| Profitability | Improving |
| Debt Levels | High |
| Working Capital Requirement | Significant |
| Valuation | Reasonable |
| Listing | NSE SME |
Positives
Strengths
- Modern Spinning Infrastructure
- Strategic Cotton Sourcing Location
- Experienced Promoters
- Improving Profitability
- Capacity Expansion Through New Machinery
- Strong Customer Relationships
Concerns
Risks
- High Debt Burden
- Low PAT Margins
- Textile Sector Cyclicality
- Working Capital Intensive Operations
- Weak Performance Of Recent Textile SME IPOs
Shreedhar Spinners operates in the cotton yarn manufacturing business with a modern production facility and established relationships across the textile value chain. The company benefits from its strategic location in Maharashtra’s cotton belt and experienced promoter background.
Financial performance has improved with PAT rising significantly during FY2026. The IPO proceeds are primarily earmarked for working capital requirements and machinery purchases to support future growth.
However, investors should note that the business remains highly working-capital intensive and carries substantial debt on its balance sheet. Recent textile-sector SME IPOs have also witnessed mixed to weak post-listing performance.
At the upper price band of Rs. 53, the valuation appears reasonable. Investors with moderate risk appetite may consider the issue for medium-term prospects while keeping debt levels and textile sector cyclicality in mind.
Chanakya View: Subscribe for Long Term. Listing gains may depend on subscription momentum and overall market sentiment.
FAQs
What is Shreedhar Spinners IPO GMP today?
Shreedhar Spinners IPO GMP is currently updating in the grey market. Investors should track the latest GMP before the IPO opens.
What is the Shreedhar Spinners IPO price band?
Shreedhar Spinners IPO price band is fixed at Rs. 50 to Rs. 53 per share.
What is the Shreedhar Spinners IPO lot size?
Shreedhar Spinners IPO lot size is 2,000 shares. Retail investors need to apply for a minimum of 4,000 shares.
When will Shreedhar Spinners IPO list?
Shreedhar Spinners IPO is expected to list on NSE SME on 1 July 2026.