IPO - Check IPO Date, Price, Lot Size

Spinaroo Commercial Ltd IPO

The Company is engaged in manufacturing of Aluminium Foil Container, Aluminium Home Foil, Paper Cups, Paper Plates, Paper Bowls, Semi Processed Material for Paper Cups viz. paper coating, printing, blanking etc. The Company also deals in wide range of Paper Cup related Machinery like High-Speed Paper Cup Making Machine, Flexo Printing Machine, Automatic Roll Die Cutting Machine etc. with full end to end support.

Spinaroo Commercial Ltd IPO Details

Total Shares Offered

₹ 19,94,000

Offer to Public

TBA

Retail Max (Shares)

₹ 9,48,000

Pre Issue Promoters Holding

₹ 33,33,340

Exchange

BSE

Issue size

TBA

IPO Open Date

Mar 28, 2025

Close Date

Apr 3, 2025

Lot Size

2000

Min Investment

TBA

Issue Type

Fixed Price - SME

Listing Date

Apr 8, 2025

Spinaroo Commercial Ltd IPO Dates

Mar 28, 2025

Opening date

Apr 3, 2025

Closing date

Apr 4, 2025

Basis of Allotment

Apr 7, 2025

Initiation of Refunds

Apr 7, 2025

Credit of Shares

Apr 8, 2025

Listing date

Details

Sector	Type
Sector	Paper
Sub Sector	NA
Issue Type	Fixed Price - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	0x	0	0
NII	1.94x	946000	1838000
Retail	1.2x	948000	1140000
Employee	0x	0	0
Total	1.49x	1994000	2978000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

1.94x

1.2x

1.49x

946000

948000

1994000

1838000

1140000

2978000

Spinaroo Commercial Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	2.29	1.49	1.57
EBITDA	2.72	2.00	2.21
PAT	1.40	0.93	0.52
Total Assets	16.76	16.37	14.33
Share Capital	1.00	1.00	1.00
Total Borrowings	7.88	7.92	9.52
Operating Activities (Net Cash)	1.83	1.44	1.16
Investing Activities (Net Cash)	0.09	0.24	0.24
Financing Activities (Net Cash)	7.88	7.92	9.52
Net Cashflow	0.60	0.64	0.27

About Spinaroo Commercial Ltd

Spinaroo Commercial Limited was originally incorporated as a Private Limited Company under the name Spinaroo Commercial Private Limited on August 17, 2012, in accordance with the Companies Act, 1956. The Company received a fresh certificate of incorporation, bearing the corporate identification number U74999WB2012PTC184812, from the Registrar of Companies, West Bengal. Subsequently, the company converted into a public limited company, resulting in a name change to Spinaroo Commercial Limited. This alteration was formally recorded in a new Certificate of Incorporation dated August 22, 2024, with the Corporate Identification Number U74999WB2012PLC184812, issued by the Registrar of Companies, Central Processing Centre.

The India paper cups market size reached 22.7 billion Units in 2023. The market is projected to reach 28.7 billion Units by 2032, exhibiting a growth rate (CAGR) of 2.64% during 2023-2032. The rising application in social and public gatherings, increasing demand for cost-effective and sustainable solutions, and the growing environmental concerns represent some of the key factors driving the market. The global disposable plates market is expected to expand its roots at an average CAGR of 6.2% during the forecast period. The market is anticipated to cross a value of US$ 9.35 billion by 2033.

Peer Comparison:

No Listed Industry Peers

Spinaroo Commercial Ltd Key Points

Strengths

Established and proven track record.

Leveraging the experience of its Promoters.

Experienced management team and a motivated and efficient work force.

Cordial relations with its customers.

Quality Assurance & Control.

Risk

Its Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

There is a risk in the Procurement and Storage of Aluminium Reels in larger quantity for a longer period without proper protection and suitable environment.

Its ability to anticipate changes in consumer preference, and industry trends and to meet customers' demands is a significant factor to remain competitive, any failures to identify and understand the trends may materially adversely affect its business.

Strategy

Expanding its Geographical Reach in the Domestic and International Market.

Enhancing Production Efficiency through Strategic Import Sourcing of Raw Materials.

Enhancing its Brand Image.

Focusing on Strategic Working Capital Management.

Widen its Product Portfolio.

How To Apply for Spinaroo Commercial Ltd IPO Online?

Step 1:

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 Spinaroo Commercial Ltd IPO?

Spinaroo Commercial Ltd's IPO offers shares for up to 10.17 It begins on Mar 28, 2025 and ends on Apr 3, 2025.

What is the price of the Spinaroo Commercial Ltd IPO?

The price of Spinaroo Commercial Ltd IPO ranges between NA to NA per share.

What are the open and close dates for the Spinaroo Commercial Ltd IPO?

The Spinaroo Commercial Ltd IPO opens on Mar 28, 2025 and closes on Apr 3, 2025.

When will the Spinaroo Commercial Ltd IPO be allotted?

The allotment for the Spinaroo Commercial Ltd IPO will be finalised on Apr 4, 2025. The shares will be listed on BSE and NSE on Apr 8, 2025.

What is the minimum lot size required for Spinaroo Commercial Ltd IPO?

The minimum lot size for Spinaroo Commercial Ltd IPO is 2000 shares, priced between NA to NA per share.

What is the GMP of Spinaroo Commercial Ltd IPO?

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

How do you check the allotment status of Spinaroo Commercial Ltd IPO?

To check the allotment status of Spinaroo Commercial 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 Spinaroo Commercial Ltd IPO getting listed?

The Spinaroo Commercial Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Mar 28, 2025, and closes on Apr 3, 2025. The allotment is finalised on Apr 4, 2025.

How do you apply for the Spinaroo Commercial Ltd IPO?

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