Shreedhar Spinners was incorporated on December 9, 2020. The company is engaged in the manufacturing of compact spun cotton yarn, with an annual production capacity of 10,000 MT supported by 28,608 spindles at its manufacturing facility. Its yarn products cater to a wide range of knitting and weaving applications, including apparel, denim, home textiles, furnishing fabrics, and industrial textiles
| Bidding Dates |
|---|
| 23 Jun 2026 - 25 Jun 2026 |
| Subscription |
|---|
| 6.17x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,04,000 | 2 | 2 | 2000 | 5.8 M | ₹51 - ₹53 | 70.48 % | ₹295.2 M - ₹306.8 M | RHP DOC |
Shreedhar Spinners IPO SUBSCRIPTION STATUS
25 Jun '26Shreedhar Spinners IPO overall subscription rate was 6.17 times the total available shares
Shreedhar Spinners IPO retail subscription rate was 7.4 times in the retail segment
Shreedhar Spinners IPO non-institutional investor subscription rate was 19.55 times in the non-institutional investor category
Shreedhar Spinners IPO Qualified Institutional Bidder subscription rate was 1.3 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
25 Jun 2026 (Day 3) | 7.4x | 19.55x | 1.3x |
24 Jun 2026 (Day 2) | 0.9x | 5.66x | 0.2x |
23 Jun 2026 (Day 1) | 0.53x | 1.99x | 0.01x |
Shreedhar Spinners FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 146.4 | 6.2 | 7.8 | -46.9 | 12.0% |
| FY25 | 134.3 | 3.4 | 10.5 | 2.2 | 9.8% |
| FY24 | 126.1 | 3.4 | 8.1 | 6.1 | 10.6% |
Shreedhar Spinners IPO SUBSCRIPTION STATUS DETAILS
Shreedhar Spinners had 5.8 M shares on offer
Shreedhar Spinners IPO offer price was in the range ₹51 - ₹53
Shreedhar Spinners IPO minimum Investment was ₹204000
Shreedhar Spinners IPO issue size was ₹ 295.2 M - ₹ 306.8 M
Shreedhar Spinners had a minimum lot size of 2000 Shares per application
Shreedhar Spinners NUMBER OF SHARES ON OFFER
Shreedhar Spinners IPO IMPORTANT DATES
| Issue Open Date | 23 Jun 2026 |
| Issue close Date | 25 Jun 2026 |
| Allotment Date | 29 Jun 2026 |
| Refund Date | 30 Jun 2026 |
| Demat Account Credit Date | 30 Jun 2026 |
| Listing Date | 01 Jul 2026 |
| Listing on Exchange(s) | NSE |
| Shreedhar Spinners Allotment Status | Exchange/ Registrar |
Shreedhar Spinners IPO subscription opened on 23 Jun 2026, and closed on 25 Jun 2026
IPO allotment for Shreedhar Spinners was finalized on Monday, 29 Jun 2026
IPO listing for Shreedhar Spinners was on NSE on Wednesday, 01 Jul 2026
Shreedhar Spinners IPO LISTING GAINS
| Issue Price (adjusted) | 53.0 |
| Listing Open Price | 54.4 |
| Listing Close Price | 57.1 |
| Listing Gain% | 2.6% |
| Current Gain% | 97.2% |
Shreedhar Spinners Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shreedhar Spinners Ltd. | 104.5 | 224 | 36.3 | 0.4 | 1.5 | 20.7 | 3.6 | 146.5 | 9 | 6.2 | 80.7 | 2.9 | 80.7 |
| KPR Mill Ltd. | 1076.7 | 36803.1 | 42.5 | 6.7 | 5.5 | 15.2 | 12.7 | 6784.3 | 5 | 866.5 | 6.3 | 25.4 | 6.3 |
| Vardhman Textiles Ltd. | 606.8 | 17563.9 | 20.7 | -43.8 | 1.7 | 7.1 | 5.4 | 10092.5 | -0.3 | 745.2 | -15.6 | 29.3 | -0.5 |
| Welspun Living Ltd. | 164.1 | 15738.7 | 77 | -1.1 | 1.7 | 4.2 | 2 | 9467.9 | -11.5 | 204.4 | -68 | 2.1 | -68 |
| Arvind Ltd. | 560.6 | 15249.2 | 36.8 | 2.2 | 1.6 | 10.2 | 4.7 | 9359.5 | 11.5 | 413.9 | 17.1 | 15.2 | 17.1 |
| Trident Ltd. | 25.2 | 12831.6 | 32.5 | -3.5 | 1.9 | 7.9 | 5 | 6775.2 | -3.9 | 377.1 | 2 | 0.8 | -9.4 |
Shreedhar Spinners INFORMATION ON IPO ISSUE
About Shreedhar Spinners
Shreedhar Spinners was incorporated on December 9, 2020. The company is engaged in the manufacturing of compact spun cotton yarn, with an annual production capacity of 10,000 MT supported by 28,608 spindles at its manufacturing facility. Its yarn products cater to a wide range of knitting and weaving applications, including apparel, denim, home textiles, furnishing fabrics, and industrial textiles
Object of the Issue
- Funding incremental working capital requirements of the company
- Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra
- General corporate purposes
Shreedhar Spinners - PROMOTERS
| Name |
|---|
| Dharmendra Mohandas Goyal |
| Vishal Agarwal |
| Varesh Goyal |
| Sunita Dharmendra Goyal |
| Pooja Agarwal |
Shreedhar Spinners - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Dharmendra Mohandas Goyal | Chairman & Managing Director |
| Vishal Agarwal | Non-Executive Non-Independent Director |
| Sunita Dharmendra Goyal | Non-Executive Non-Independent Director |
| Bhavsar Utsav Sumantkumar | Non-Executive Independent Director |
| Atri Maheshvariben Nileshkumar | Non-Executive Independent Director |
Shreedhar Spinners Book Running Lead Manager
Marwadi Chandarana Intermediaries Brokers Private Limited
mb@marwadichandarana.com
Shreedhar Spinners Registrar to the Offer
MUFG Intime India Private Limited
shreedharspinners.smeipo@in.mpms.mufg.com
Shreedhar Spinners Strengths
Cost effective production
The company focuses on timely order execution through efficient raw material procurement, strong supplier relationships, smooth operations, and adequate production capacity. Its emphasis on cost-effective sourcing and operational efficiency has contributed to improved raw material utilization and enhanced overall manufacturing performance
Quality
The company maintains high standards of quality, safety, and sustainability through ISO-certified management systems and a dedicated in-house quality control team. Rigorous testing and monitoring across the production cycle help ensure product consistency, reduce wastage, and enhance customer satisfaction and operational efficiency
Integrated infrastructure
The company operates a fully integrated spinning facility that manages the entire yarn manufacturing process under one roof, enabling efficient operations, better quality control, and faster production cycles. Its advanced compact ring spinning technology and modern machinery help produce high-quality, uniform yarn while improving productivity and reducing wastage
Shreedhar Spinners Risks
Purchase order basis business
The company primarily operates on purchase orders without long-term customer contracts, making its business dependent on maintaining strong relationships with existing customers and attracting new ones. Any reduction in orders, loss of key customers, or inability to sustain customer relationships could adversely affect revenue, profitability, and overall financial performance
Risks of accidents or mishaps
The company’s operations involve handling cotton, a highly flammable raw material, exposing it to risks of fire, accidents, and business interruptions. Any major incident could result in damage to inventory and assets, operational disruptions, financial losses, and an adverse impact on business performance, despite existing safety measures and insurance coverage
Demand & consumer preference risks
The company’s performance is closely linked to the textile and apparel industry, as demand for its cotton yarn depends on the growth of these sectors. Any slowdown in textile demand or shift in consumer preference toward synthetic and man-made fibers could adversely affect sales volumes, profitability, and financial performance
IPO FAQs
The promoters of the company are Dharmendra Mohandas Goyal, Vishal Agarwal, Varesh Goyal, Sunita Dharmendra Goyal and Pooja Agarwal.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 51.0 - 53.0.
The IPO application opens on Jun 23, 2026 and closes on Jun 25, 2026.
The minimum lot size for the IPO is 4000. The maximum lot size for the IPO is 4000.
For all category investors, the minimum application amount for this IPO is Rs. 204,000.0, the maximum value for this IPO is Rs 212,000.0.
This IPO will be allotted on Jun 29, 2026.
The refund will be credited to your account on Jun 30, 2026.
The allotted shares will be credited to your demat on Jun 30, 2026.
Shreedhar Spinners Ltd.’s shares listed on the stock exchanges on Jul 01, 2026.