Shreedhar Spinners
· SME · NSE
Price Band
₹51–53
Lot Size
2000 shares
Issue Size
₹31 Cr
Min. Investment
₹1,06,000
Grey Market Premium
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Estimated listing price: ₹53
Subscription Status
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About Shreedhar Spinners
Incorporated in December 2020, Shreedhar Spinners Limited is a cotton yarn manufacturing company engaged in the production of 100% compact spun cotton yarn with counts ranging from Ne 10s to Ne 40s. The company operates a modern spinning facility located in the Amravati Textile Park, Maharashtra, with an installed production capacity of 10,000 MT per annum and 28,608 spindles. The company manufactures cotton yarn suitable for both knitting and weaving applications, catering to diverse end-use sectors such as apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics, and industrial textiles. Operating exclusively in the B2B segment, Shreedhar Spinners supplies its products to textile manufacturers, exporters, traders, and fabric processors, primarily across Maharashtra. The company sources raw cotton from local ginners, traders, and the Cotton Corporation of India (CCI) and benefits from its strategic location in the cotton-rich Vidarbha region. It is certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards and maintains a dedicated quality control team supported by advanced testing equipment and contamination control systems. Shreedhar Spinners is led by promoters Dharmendra Mohandas Goyal and Vishal Agarwal, both Chartered Accountants with over 25 years of textile industry experience. As of April 30, 2026, the company employed 164 personnel across production, engineering, quality control, administration, and management functions.
Issue Objectives
- Funding incremental working capital requirements of the Company
- Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra
- General Corporate Purposes
- Issue Expenses
Anchor Investors
Shreedhar Spinners IPO raises ₹8.58 crore from anchor investors. Shreedhar Spinners IPO Anchor bid date is June 22, 2026.📝 Anchor Investors Letter (PDF)
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 26,98,000 | 49.94% |
| − Anchor Investor | 16,18,000 | 0% |
| − QIB (Ex. Anchor) | 10,80,000 | 0% |
| NII (HNI) | 8,12,000 | 15.03% |
| − bNII > ₹10L | 5,40,000 | 0% |
| − sNII < ₹10L | 2,72,000 | 0% |
| Retail | 18,92,000 | 35.02% |
| Market Maker | 3,86,000 | 0% |
- QIB49.9%
- − Anchor Investor0.0%
- − QIB (Ex. Anchor)0.0%
- NII (HNI)15.0%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail35.0%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4000 | ₹2,12,000 |
| Individual investors (IND) (Max) | 2 | 4000 | ₹2,12,000 |
| S-HNI (Min) | 3 | 6000 | ₹3,18,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,54,000 |
| B-HNI (Min) | 10 | 20000 | ₹10,60,000 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
3.94
EPS (Post IPO)
2.88
ROE
20.74%
P/E (Pre IPO)
13.44
P/E (Post IPO)
18.41
Price / Book
2.79
Market Cap
₹113.62 Cr.
Peers Comparison
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Harikanta Overseas Ltd. | 14.66 | ₹24.30 Cr | |
| Yajur Fibres Ltd. | 23.49 | ₹120.41 Cr | |
| K K Silk Mills Ltd. | 12.12 | ₹28.50 Cr | |
| Game Changers Texfab Ltd. | 10.58 | ₹54.84 Cr | |
| Sihora Industries Ltd. | 13.14 | ₹10.56 Cr | |
| Siddhi Cotspin Ltd. | 16.06 | ₹69.85 Cr |
Contact Details
Shreedhar Spinners Ltd. Address
- +91 22 4515 8777
- company.sec@shreedhar.com
- https://www.shreedharspinners.com/
Registrar Contact Details
Link Intime India Pvt. Ltd.
- +91 22 4918 6270
- ipo.helpdesk@linkintime.co.in
- https://linkintime.co.in
- C-101, 247 Park, LBS Marg, Vikhroli West, Mumbai – 400083
Frequently Asked Questions
Key Dates
- Open Date
- 23 Jun 2026
- Close Date
- 25 Jun 2026
- Listing Date
- 01 Jul 2026
Issue Details
- Registrar
- Link Intime India
- Lead Manager(s)
- Exchange
- NSE