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Shreedhar Spinners SME IPO

Shreedhar Spinners IPO — date, price band, GMP & allotment 2026

Shreedhar Spinners IPO was open for subscription from 23 June 2026 to 25 June 2026. Incorporated in 2020, Shreedhar Spinners Limited is engaged in the manufacturing and trading of cotton yarn and related textile products. The company follows a business model focused on sourcing, processing and supplying quality yarn to textile manufacturers and fabric producers. Headquartered in Mumbai, the company serves customers across India's textile value chain.

Stock price

Shreedhar Spinners is listed — here is the live share price.

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The verdict
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Grey market premium
₹0
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Overall, across all categories
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Minimum to apply
₹2,12,000
2 lots · 4000 shares at ₹53
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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 16 September.

Key dates Listed
  1. Open 23 Jun 2026
  2. Close 25 Jun 2026
  3. Allotment 29 Jun 2026
  4. Refund/credit 30 Jun 2026
  5. Listing 01 Jul 2026

Issue summary

The terms of the offer, as filed.

IPO Dates 23 to 25 Jun, 2026
Price Band ₹51 – ₹53
Face Value ₹10
Lot Size 2000 Shares
Issue Size ₹30.68 Cr
Sale Type Fresh capital only
Listing On NSE SME
Registrar MUFG Intime India Private Limited
Min Investment ₹ 2,12,000
Reservation
QIB 49.94%
NII 15.03%
Retail 35.02%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 2000 shares at the ₹53 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.

shares
lots lots
Application Lots Shares Amount
Retail (min) 2 4,000 ₹2,12,000
Retail (max) 2 4,000 ₹2,12,000
HNI (min) 3 6,000 ₹3,18,000

Strengths & risks

Drawn from the offer document — the case for and against, side by side.

Strengths · 5

  • 01Operates in the large and established Indian textile industry.
  • 02Focused presence in cotton yarn manufacturing and trading.
  • 03Experienced promoter group with industry knowledge.
  • 04Growing customer base across the textile value chain.
  • 05Asset-backed business supported by demand from fabric manufacturers.

Risks · 5

  • 01Revenue is highly dependent on demand from the textile sector.
  • 02Fluctuations in cotton prices can impact profit margins.
  • 03Intense competition from established yarn manufacturers may affect growth.
  • 04Relatively short operating history compared with larger industry peers.
  • 05Economic slowdown or weak export demand could adversely affect business performance.

Three years of numbers

All figures in ₹ crore, as reported in the Shreedhar Spinners offer document.

Total income
146.55
126
134
147
31 Mar 202431 Mar 202531 Mar 2026
Profit after tax
6.17
3
3
6
31 Mar 202431 Mar 202531 Mar 2026
EBITDA
17.62
13
13
18
31 Mar 202431 Mar 202531 Mar 2026
Borrowing vs net worth
115.90 / 29.76
31 Mar 202431 Mar 202531 Mar 2026
Borrowing Net worth
Metric 31 Mar 2026 31 Mar 2025 31 Mar 2024
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 and Surplus 14.11 5.34 1.92
Total Borrowing 115.90 65.31 62.11

See how this IPO compares — view listing performance of all SME IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Shreedhar Spinners RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
18.41
EPS (₹)
2.88
RoCE
9.34%
RoNW
20.74%
PAT Margin
4.22%

Shreedhar Spinners IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹2.88
P/E Ratio (x) 18.41
Market Cap at Offer Price (₹ Cr) ₹113.55

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹53 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹30.69 Cr of the issue is earmarked to named objects.

Funding incremental working capital requirements of the Company ₹21.04 Cr
Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra ₹4.95 Cr
General Corporate Purposes ₹1.63 Cr
Issue Expenses ₹3.07 Cr

About the company

Shreedhar Spinners Limited was incorporated in December 2020 as Shreedhar Spinners Private Limited and was subsequently converted into a public limited company in 2025. The company is promoted by Shreedhar Cotsyn Private Limited, Dharmendra Mohandas Goyal, Vishal Agarwal, Sunita Dharmendra Goyal, Pooja Agarwal and Varesh Goyal. Since its inception, the company has focused on building its presence in the Indian textile and yarn industry.
The company is engaged in the manufacturing, processing and trading of cotton yarn and other textile-related products. Its business model revolves around supplying yarn to textile manufacturers, weavers and fabric producers while maintaining quality standards and efficient sourcing practices. By catering to the growing demand from the textile sector, the company aims to expand its customer base and strengthen its position in the cotton yarn market.

Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.

Promoters
Dharmendra Mohandas Goyal, Pooja Agarwal, Shreedhar Cotsyn Pvt.Ltd, Sunita Dharmendra Goyal, Varesh Goyal and Vishal Agarwal
Promoter holding
96.55% 70.48%
Pre-issue → post-issue
Registered office
503, Matharu Arcade, Subhash Road, Vile Parle East, Mumbai, Maharashtra, 400057
+91 22 4515 8777

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
Marwadi Chandarana Intermediaries Pvt.Ltd. View track record →

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

Listed in Profit 100% 3 of 3 listed
Avg Listing Gain +6.5% across 3 issues
Listed Below Issue 0 of 3 listed

Best listing: Vahh Chemicals (+16.7%). Weakest: PAN HR Solutions (+0.4%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Shreedhar Spinners
Email

Frequently asked

What is the GMP of Shreedhar Spinners?

The current Grey Market Premium is ₹0.

What is the Shreedhar Spinners IPO price band?

₹51 to ₹53, on a face value of ₹10.

When is the allotment?

The basis of allotment is 29 June 2026, with listing on 1 July 2026.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.

Shreedhar Spinners IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

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