Shreedhar Spinners IPO GMP Today, Price & Details
Shreedhar Spinners IPO GMP Today, Price Band, Subscription Status, Allotment & Listing Details
About Shreedhar Spinners
Shreedhar Spinners operates in the textile value chain as a cotton-yarn spinner, converting raw cotton into yarn for downstream fabric and garment makers. It's a capital-intensive, commodity-linked business where scale and cost control drive profitability. The IPO was an SME offering on the NSE, sized at ₹30.68 Cr and priced at ₹51–53 per share with a face value of ₹10.
On the financials, the company reported revenue of ₹146.37 Cr and net profit of ₹6.17 Cr, with an EBITDA margin of 12.04% and a healthy RONW of 20.74%. The ROCE of 9.34%, however, is on the lower side, hinting at a capital-heavy asset base.
This was a 100% fresh issue, so the full ₹30.68 Cr goes into the company — capital a spinner can use for capacity, modernisation, and working capital.
Shreedhar Spinners IPO — Investment Analysis
At the upper band of ₹53, Shreedhar Spinners was valued at 12.67x earnings on an EPS of ₹4.03 — a reasonable multiple for a textile spinner, in line with the sector's typically modest ratings.
The financial profile is a mixed bag. Revenue of ₹146.37 Cr gives it decent scale and the 20.74% RONW is healthy, but the low ROCE of 9.34% suggests the business carries a heavy asset base that dilutes returns on total capital. The 12.04% EBITDA margin is standard for spinning.
The risks are the classic textile ones: cotton-price volatility, thin and cyclical yarn spreads, and the capital intensity of spinning that keeps ROCE modest. Efficient use of the fresh capital will be key to improving those returns.
Investor demand was modest, with the issue subscribed 2.51x overall, but the stock managed a small listing gain, opening at ₹54.40 against the ₹53 issue price before firming to ₹57.10. Our IPO profit calculator can size the math. Investors should consult a SEBI-registered financial advisor before making investment decisions.
Disclaimer: This analysis is auto-generated from publicly available financial data and should not be considered investment advice. Always consult a SEBI-registered financial advisor before making investment decisions.
Shreedhar Spinners IPO — Pros & Cons
Strengths
- Reasonable scale for an SME spinner, with revenue of ₹146.37 Cr.
- A healthy RONW of 20.74%, decent for a capital-intensive textile business.
- A reasonable valuation at 12.67x earnings, in line with sector norms.
- A 100% fresh issue means the full ₹30.68 Cr funds capacity and working capital.
- A small but positive listing, opening at ₹54.40 versus ₹53 and firming to ₹57.10.
Risks
- A low ROCE of 9.34% points to a capital-heavy asset base that dilutes returns on total capital.
- Heavy exposure to cotton-price volatility, which can compress yarn spreads and margins quickly.
- The commodity-linked, cyclical nature of spinning makes earnings sensitive to the textile cycle.
- Modest demand at 2.51x subscription reflected measured, rather than strong, conviction.
- Capital intensity means continual investment is needed to grow, pressuring cash flows and returns.
Shreedhar Spinners IPO Details
| Company Name | Shreedhar Spinners |
|---|---|
| IPO Type | SME |
| Exchange | NSE |
| Price Band | ₹51 - ₹53 |
| Face Value | ₹10 per share |
| Lot Size | 2000 shares |
| Min Investment | ₹106,000 |
| Total Issue Size | ₹30.68 Cr |
|---|---|
| Fresh Issue | ₹30.68 Cr |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Manager | List of Issues managed, Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. |
| IPO Status | Listed |
Shreedhar Spinners IPO Dates
Shreedhar Spinners IPO Subscription Status
Day-wise Subscription Trend
| Date | Retail | NII/HNI | QIB | Total |
|---|---|---|---|---|
| 25 Jun 2026 | 5.71x | 15.06x | 2.51x | 6.80x |
| 24 Jun 2026 | 0.70x | 4.36x | 0.39x | 1.39x |
| 23 Jun 2026 | 0.41x | 1.53x | 0.02x | 0.54x |
Shreedhar Spinners IPO Listing Performance
Shreedhar Spinners IPO listed on NSE on 01 Jul 2026 at ₹54, a premium of 2.6% over the issue price of ₹53. Investors who received allotment made a profit of ₹2,800 per lot (2000 shares) on listing day.
Shreedhar Spinners IPO — Key Highlights
- Cotton-yarn spinner, SME NSE IPO of ₹30.68 Cr.
- Reasonable scale, with revenue of ₹146.37 Cr.
- Healthy RONW of 20.74%, but a low ROCE of 9.34%.
- Reasonably valued at 12.67x earnings on an EPS of ₹4.03.
- A 100% fresh issue of ₹30.68 Cr.
- Listed at ₹54.40 versus ₹53, firming to ₹57.10.
Shreedhar Spinners Financial Performance
| Metric (₹ Cr) | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Revenue | 126.14 | 134.27 | 146.37 |
| Expenses | 122.30 | 130.30 | 139.08 |
| Net Income (PAT) | 3.35 | 3.42 | 6.17 |
| Margin (%) | 2.66% | 2.55% | 4.22% |
Shreedhar Spinners IPO Valuations & Key Metrics
Valuation Ratios
| EPS | ₹4.03 |
|---|---|
| P/E Ratio | 12.67x |
| NAV | ₹19.01 |
| Current Ratio | 0.99 |
| Debt/Equity | 3.890 |
Return Metrics
| RONW (%) | 20.74% |
|---|---|
| ROCE (%) | 9.34% |
| EBITDA Margin | 12.04% |
| Employees | 164 |
Shreedhar Spinners IPO Reservation / Allocation
Shreedhar Spinners IPO Anchor Investors
| Bid Date | 22 June 2026 |
|---|---|
| Shares Offered | 16,18,000 |
| Anchor Portion (INR Cr.) | INR 8.58 crore |
| Anchor lock-in period end date for 50% shares (30 Days) | 23 July 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | 22 September 2026 |
Shreedhar Spinners IPO Lead Manager & Registrar
Book Running Lead Manager
List of Issues managed, Marwadi Chandarana Intermediaries Brokers Pvt.Ltd.
IPO Registrar
MUFG Intime India Pvt.Ltd.
Shreedhar Spinners IPO — Frequently Asked Questions
What is Shreedhar Spinners IPO GMP today?
As of today, the Grey Market Premium (GMP) for Shreedhar Spinners IPO is not available at this time. GMP values are updated daily based on grey market activity.
What is the price band and lot size of Shreedhar Spinners IPO?
Shreedhar Spinners IPO has a price band of ₹51 to ₹53 per equity share with a face value of ₹10. The minimum lot size is 2000 shares, requiring a minimum investment of ₹106,000 at the upper band.
What are the important dates for Shreedhar Spinners IPO?
Shreedhar Spinners IPO opens for subscription on 23 Jun 2026 and closes on 25 Jun 2026. Allotment is expected on 29 Jun 2026. The shares are expected to list on NSE on 01 Jul 2026.
What is the investor category allocation in Shreedhar Spinners IPO?
The shares are reserved as follows — Qualified Institutional Buyers (QIB): 49.94%, Non-Institutional Investors (NII/HNI): 15.03%, and Retail Individual Investors: 35.02%.
How can I apply for Shreedhar Spinners IPO?
You can apply for Shreedhar Spinners IPO through your bank's net banking ASBA facility or via UPI-based application through any stockbroker platform. Ensure you have sufficient funds in your bank account as the amount will be blocked until allotment. The registrar for this IPO is MUFG Intime India Pvt.Ltd..
What is the subscription status of Shreedhar Spinners IPO?
Shreedhar Spinners IPO has been subscribed 2.51 times overall. Retail category: 0.00x, NII/HNI: 0.00x, QIB: 2.51x.
What was Shreedhar Spinners IPO's price band and lot size?
Shreedhar Spinners was priced at ₹51 to ₹53 per share, with a lot of 2,000 shares — a per-lot value of about ₹1.06 lakh at the upper band. The face value was ₹10.
What does Shreedhar Spinners do?
It's a cotton-yarn spinner, turning raw cotton into yarn for downstream fabric and garment makers — a capital-intensive, commodity-linked textile business.
How did Shreedhar Spinners perform on listing?
Modestly positive — after a 2.51x subscription, the stock opened at ₹54.40 against its ₹53 issue price and firmed to ₹57.10.
What are the key risks in Shreedhar Spinners IPO?
Cotton-price volatility, cyclical yarn spreads, and a low ROCE of 9.34% from a capital-heavy asset base are the main risks.