| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹30.68 Cr |
| Reserved for Market Maker | ₹2.05 Cr |
| Net Issue Size | ₹30.68 Cr |
| Fresh Issue | ₹28.63 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน51.00-53.00 per share |
| NSE Code | SHREEDHAR |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Marwadi Chandarana Intermediaries Brokers... |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 4,000 shares ยท Multiples of 2,000 shares
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 | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 26,98,000 | 49.94% | 46.61% |
| − Anchor Investor Shares Offered | 16,18,000 | 27.95% | |
| − QIB (Ex. Anchor) Shares Offered | 10,80,000 | 18.66% | |
| NII (HNI) Shares Offered | 8,12,000 | 15.03% | 14.03% |
| − bNII > โน10L | 5,40,000 | 9.33% | |
| − sNII < โน10L | 2,72,000 | 4.70% | |
| Retail Shares Offered | 18,92,000 | 35.02% | 32.69% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,86,000 | 6.67% | |
| Total Shares Offered | 57,88,000 | 100.00% | 100.00% |
Shreedhar Spinners Ltd. is engaged in the manufacturing of compact spun cotton yarn across a wide range of counts from Ne 12s to Ne 32s. Its manufacturing facility is located at Plot No. T-15, Additional Amravati Industrial Area Textile Park, Tuljapur, Amravati – 444901, Maharashtra, India. The facility spans approximately 1,20,000 square meters and has been allotted for a 95-year term, providing stability and scalability for future operations.
As of September 30, 2025, the Company has an installed production capacity of 5,500 metric tonnes of cotton yarn per annum, supported by 18,240 spindles. The manufacturing unit operates continuously, running 24 hours a day for approximately 360 days a year, ensuring optimal utilisation of capacity and uninterrupted production.
The facility is equipped with modern, state-of-the-art spinning technology and advanced processing techniques, enabling the production of high-quality cotton yarn. Raw cotton bales serve as the primary raw material, and the finished yarn is suitable for both knitting and weaving. The Company’s products cater to a wide range of end-use segments, including apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics, and industrial fabrics.
The Company operates exclusively in the business-to-business (B2B) segment, supplying yarn to textile manufacturers, yarn exporters, traders, and fabric processors. Its strong focus on B2B customers allows it to streamline production planning, logistics, and supply chain operations, ensuring consistent quality, timely delivery, and efficient order fulfilment. The Company primarily serves customers with a significant presence in Maharashtra.
The Company holds multiple internationally recognised certifications, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, reflecting its commitment to quality management systems, environmental responsibility, and occupational health and safety standards.
To ensure consistent product quality, the Company has an in-house Testing and Quality Control team comprising five members as of September 30, 2025. The facility is equipped with manual, semi-automatic, and automatic testing machines, including online automatic contamination sorters, Uster Quantum Clearers, and advanced testing equipment from USTER (Switzerland). Rigorous testing of raw materials and finished goods helps improve procurement efficiency, minimise wastage, reduce returns, and enhance overall cost efficiency.
Company Strengths
Modern Manufacturing Infrastructure
State-of-the-art spinning technology and advanced processing systems enable the production of consistent, high-quality cotton yarn.
Wide Product Range
Ability to manufacture compact spun cotton yarn in counts ranging from Ne 12s to Ne 32s, suitable for diverse textile applications.
High Operational Efficiency
Continuous 24×7 operations for approximately 360 days a year ensure optimal capacity utilization and steady output.
Strong Quality Assurance Systems
In-house testing and quality control supported by advanced USTER equipment ensures superior yarn quality and reliability.
International Certifications
ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications demonstrate strong governance across quality, environmental, and safety standards.
Exclusive B2B Focus
Dedicated servicing of manufacturers, exporters, and traders allows customized yarn solutions based on specific technical requirements such as count, twist, and strength.
Strategic Location
Manufacturing facility located in Maharashtra with proximity to key textile markets, enabling efficient logistics and customer servicing.
Cost Optimization and Waste Reduction
Rigorous testing of raw materials and finished goods reduces wastage, returns, and procurement-related inefficiencies.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding incremental working capital requirements of the Company | 21.04 |
| 2 | Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra | 4.95 |
| 3 | General Corporate Purposes | 1.63 |
| 4 | Issue Expenses | 3.07 |
| Total | 30.68 |
Shreedhar Spinners Ltd.'s revenue increased by 9% and profit after tax (PAT) rose by 81% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 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 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2026 |
|---|---|
| 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 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.94 | 2.88 |
| P/E (x) | 13.44 | 18.41 |
| Promoter Holding | 96.55% | 70.48% |
| Market Cap | โน113.62 Cr. | |