· SME · NSE
Price Band
₹51–53
Lot Size
2000 shares
Issue Size
₹31 Cr
Min. Investment
₹1,06,000
Indicative, updates through the day
Cap price plus current GMP: ₹53 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
Shreedhar Spinners IPO is an SME issue that listed on NSE on 1 July 2026. The issue price band is fixed at ₹51–₹53 per equity share with a minimum market lot size of 2000 shares, bringing the total issue size to ₹31 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹1,06,000.
No meaningful grey market premium is actively quoted for Shreedhar Spinners IPO at this stage. For an SME issue at this point in the timeline, this is standard until anchor book allocations and institutional bids build volume. A missing premium is not negative sentiment; it reflects lower off-market liquidity. Read our complete guide to IPO GMP mechanics.
The minimum investment for retail investors is one lot of 2000 shares (approx. ₹1,06,000 at the cut-off price). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is MUFG Intime India Pvt. Ltd. (formerly Link Intime), with the basis of allotment finalised on 29 June 2026 and listing completed on 1 July 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹53
Listed At
₹54.4
Current Price
₹57.1
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.
Shreedhar Spinners IPO raises ₹8.58 crore from anchor investors. Shreedhar Spinners IPO Anchor bid date is June 22, 2026.
| 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% |
| 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 |
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
₹83Cr.
| 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 |
Shreedhar Spinners Ltd. Address
MUFG Intime India Pvt. Ltd. (formerly Link Intime)