| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹10.17 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹10.17 Cr |
| Fresh Issue | ₹9.66 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน51.00 per share |
| BSE Code | 544392 |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Finshore Management Services Ltd. |
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: 2,000 shares and in multiples thereof
Incorporated in August 17, 2012, Spinaroo Commercial Limited is engaged in the manufacturing of aluminum foil containers, aluminum home foil, paper cups, paper plates, paper bowls, and semi-processed materials for paper cups, including paper coating, printing, and blanking.
They also offer a range of paper cup-related machinery, such as high-speed paper cup-making machines, flexo printing machines, and automatic roll die-cutting machines, providing comprehensive end-to-end support.
The company offers a wide range of high-quality products made from superior raw materials. These are manufactured under expert guidance, ensuring exceptional performance, competitive pricing, and timely delivery to meet client specifications.
Business Segment:
As on October 31, 2024, the company has 35 employees.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 7.13 |
| 2 | General Corporate Expenses | 2.00 |
| 3 | Issue Expenses | 1.04 |
| Total | 10.17 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 21.94 | 19.05 | 19.48 | 17.82 |
| Total Income | 21.02 | 41.21 | 53.19 | 47.58 |
| Profit After Tax | 0.61 | 1.40 | 0.93 | 0.52 |
| NET Worth | 6.64 | 6.03 | 4.63 | 3.70 |
| Reserves and Surplus | 1.64 | 5.03 | 3.63 | 2.70 |
| Total Borrowing | 7.43 | 7.52 | 8.43 | 8.99 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 23.23% |
| ROCE | 37.58% |
| Debt / Equity | 1.25% |
| RoNW | 23.23% |
| PAT Margin | 3.40% |
| Price to Book Value | 0.85 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.80 | 1.76 |
| P/E (x) | 18.21 | 29.01 |
| Promoter Holding | 66.67% | 47.66% |
| Market Cap | โน35.67 Cr. | |