Shreedhar Spinners Ltd IPO

Shreedhar Spinners Ltd IPO

Our Company is primarily engaged into manufacturing of compact spun cotton yarn of various counts ranging from Ne 12s to Ne 32 at our manufacturing facility located at manufacturing units located at Plot No. T-15, additional Amravati industrial area textile park, Tuljapur, Amravati - 444901, Maharashtra, India for a period of 95 years leased from MIDC spread across 1,20,000 sq. mt. and has a production capacity of 5500 MT of cotton yarn, with 18240 spindles as on September 30, 2025. Our Manufacturing Facility operates 24 hours per day to maximize output and ensure uninterrupted operations and usually operates for approximately 360 days a year. We believe that, our manufacturing facility is equipped with modern state-of-the-art spinning technology and processing techniques which enable to ensure production of quality yarn. Our raw material; raw cotton bales are utilized for production of cotton yarns. These yarns are suitable for both knitting and weaving applications and catering to a wide spectrum of end-use segments and products including but not limited to Apparel, Denim, Terry towels, Shirting, Bed linen, Sweaters, Socks, Furnishing Fabrics and Industrial fabrics. We operate exclusively in the business-to-business (B2B) segment, supplying our products to buyers such as textile manufacturers, yarn exporters, traders and fabric processors (collectively Customers).

Shreedhar Spinners Ltd IPO Details

Total Shares Offered

₹ 57,88,000

Offer to Public

TBA

Retail Max (Shares)

₹ 18,92,000

Pre Issue Promoters Holding

₹ 1,51,09,600

Exchange

DBC

Issue size

₹ 30.68 Cr

IPO Open Date

Jun 23, 2026

Close Date

Jun 25, 2026

Lot Size

4000

Min Investment

₹ 2,00,000

Issue Type

Book Building - SME

Listing Date

Jul 1, 2026

Shreedhar Spinners Ltd IPO Dates

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Jun 23, 2026
Opening date
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Jun 25, 2026
Closing date
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Jun 29, 2026
Basis of Allotment
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Jun 30, 2026
Initiation of Refunds
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Jun 30, 2026
Credit of Shares
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Jul 1, 2026
Listing date

Details

SectorType
SectorTextiles - Cotton
Sub SectorBlended
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Shreedhar Spinners Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations7.507.36TBA
EBITDA10.8710.67TBA
PAT3.423.35TBA
Total Assets33.0627.92TBA
Share Capital15.0015.00TBA
Total Borrowings57.8058.04TBA
Operating Activities (Net Cash)6.796.66TBA
Investing Activities (Net Cash)-8.05-1.21TBA
Financing Activities (Net Cash)57.8058.04TBA
Net Cashflow0.110.12TBA

About Shreedhar Spinners Ltd

Our company was originally incorporated and registered as a private limited company under Companies Act, 2013 in the name and style of `Shreedhar Spinners Private Limited' vide certificate of incorporation dated December 9, 2020 registered number 351591 issued by the Registrar of Companies, Central Registration Centre. Further, pursuant to a resolution passed by our Board on October 06, 2025 and a resolution passed by our shareholders on November 01, 2025 our Company was converted into a public limited company. Consequently, the name of our Company was changed to Shreedhar Spinners Limited, and a fresh certificate of incorporation dated November 17, 2025 issued by Registrar of Companies, Central Processing Centre.

The overall size of India's textile and apparel market was around US$ 184 Bn. in FY2025. Indian domestic textile and apparel market was US$ 147 Bn. which has recovered at a 7% CAGR since the drop in 2020. The Ministry of Textiles has set a target for the domestic market to reach US$ 250 Bn. by FY2031, for this to happen the market must grow at a CAGR of 9% from FY2025. India's textile and apparel exports have grown with a CAGR of 2% since FY2020 to reach US$ 37 Bn. in FY2025. The Ministry of Textiles has an ambitious target of reaching US$ 100 Bn. exports by FY2031, requiring an accelerated growth of 18% CAGR. Apparel forms the largest share of exports, accounting for approx. 43% in FY2025. The total production capacity of India is increasing owing to the setting up of new manufacturing units across the value chain. India's textile and apparel imports have grown with a CAGR of 1% since FY2020 to reach US$ 9.2 Bn. in FY2025. India has demonstrated positive export performance in spun yarns. Between 2019 and 2024, India's spun yarn exports grew at a 2% CAGR, reaching 1.4 million tons in 2024. India holds a strong and strategic presence among the world's major spun yarn importers, with ample scope to further consolidate and expand its position. Leveraging its export competitiveness, particularly in 100% cotton and cotton blended yarns, India is well-positioned to deepen existing market share and diversify into underpenetrated yet promising geographies.

Our Company is primarily engaged into manufacturing of compact spun cotton yarn of various counts ranging from Ne 12s to Ne 32 at our manufacturing facility located at manufacturing units located at Plot No. T-15, additional Amravati industrial area textile park, Tuljapur, Amravati - 444901, Maharashtra, India for a period of 95 years leased from MIDC spread across 1,20,000 sq. mt. and has a production capacity of 5500 MT of cotton yarn, with 18240 spindles as on September 30, 2025. Our Manufacturing Facility operates 24 hours per day to maximize output and ensure uninterrupted operations and usually operates for approximately 360 days a year. We believe that, our manufacturing facility is equipped with modern state-of-the-art spinning technology and processing techniques which enable to ensure production of quality yarn. Our raw material; raw cotton bales are utilized for production of cotton yarns. These yarns are suitable for both knitting and weaving applications and catering to a wide spectrum of end-use segments and products including but not limited to Apparel, Denim, Terry towels, Shirting, Bed linen, Sweaters, Socks, Furnishing Fabrics and Industrial fabrics. We operate exclusively in the business-to-business (B2B) segment, supplying our products to buyers such as textile manufacturers, yarn exporters, traders and fabric processors (collectively Customers).

Peer Comparison:

  • AB Cotspin India Limited
  • Siddhi Cotspin Limited

Shreedhar Spinners Ltd Key Points

Strengths

Long term and expanding customer relationship across textile industry.

Fully integrated cotton spinning infrastructure with modern technologies to support our product portfolio.

Experienced management team.

Location advantage of our manufacturing facility.

Cost effective production and timely fulfilment of orders

Risk

Some of the Equity Shares held by the Promoter, Shreedhar Cotsyn Private Limited, have been pledged with the SBICAP Trustee Company Limited.

Our financing agreements contain covenants that limit our flexibility in operating our business and has a significant debt-equity ratio. Our inability to meet our obligations, including financial and other covenants under our debt financing arrangements could adversely affect our business, results of operations and financial condition. Additionally, our Promoters have given personal guarantees in relation to certain financing arrangements provided to the Company by the lenders which may not continue after the completion of the Offer.

We have in the past entered into related party transactions and may continue to do so in the future.

Strategy

Expansion of Manufacturing Facility & Expansion of existing capacity.

Entering into new geographies.

Maintaining strong relationship with our suppliers and customers.

Operational Efficiency and Manufacturing Excellence.

How To Apply for Shreedhar Spinners Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Shreedhar Spinners Ltd IPO?

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Shreedhar Spinners Ltd's IPO offers shares for up to 30.68 It begins on Jun 23, 2026 and ends on Jun 25, 2026.

What is the price of the Shreedhar Spinners Ltd IPO?

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The price of Shreedhar Spinners Ltd IPO ranges between ₹50 to ₹53 per share.

What are the open and close dates for the Shreedhar Spinners Ltd IPO?

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The Shreedhar Spinners Ltd IPO opens on Jun 23, 2026 and closes on Jun 25, 2026.

When will the Shreedhar Spinners Ltd IPO be allotted?

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The allotment for the Shreedhar Spinners Ltd IPO will be finalised on Jun 29, 2026. The shares will be listed on BSE and NSE on Jul 1, 2026.

What is the minimum lot size required for Shreedhar Spinners Ltd IPO?

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The minimum lot size for Shreedhar Spinners Ltd IPO is 4000 shares, priced between ₹50 to ₹53 per share.

What is the GMP of Shreedhar Spinners Ltd IPO?

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The GMP (Grey Market Premium) of Shreedhar Spinners Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Shreedhar Spinners Ltd IPO?

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To check the allotment status of Shreedhar Spinners Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Shreedhar Spinners Ltd IPO getting listed?

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The Shreedhar Spinners Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jun 23, 2026, and closes on Jun 25, 2026. The allotment is finalised on Jun 29, 2026.

How do you apply for the Shreedhar Spinners Ltd IPO?

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To apply for the Shreedhar Spinners Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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