SHREEDHAR · NSE · Cotton Yarn Manufacturing
Shreedhar Spinners IPO listed on 01 Jul 2026 on NSE at ₹54.40, a gain of 2.64% over the issue price of ₹53.00. The IPO was subscribed 6.80x overall.
Shreedhar Spinners IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 23 Jun 2026 |
| IPO Close Date | 25 Jun 2026 |
| Basis of Allotment | 29 Jun 2026 |
| Initiation of Refunds | 30 Jun 2026 |
| Credit of Shares to Demat | 30 Jun 2026 |
| Listing Date | 01 Jul 2026 |
Listing day gain
+2.64%
Listed at ₹54.4 (issue ₹53)
Issue
₹53
Listing
₹54.4
Current
₹57.1
+7.74% vs issue
Day range
₹54.4 – ₹57.1
Issue Size
5,788,000 shares
(aggregating up to ₹31.00 Cr)
Issue Price
₹50 – ₹53
Face Value
₹10/share
Market Lot
2,000 shares
Retail Min Investment
₹212,000
Listing At
NSE
Sale Type
fresh issue
Fresh Issue
5,402,000 shares
(aggregating up to ₹29 Cr)
Offer for Sale
[.]
Reserved for Market Maker
386,000 shares
(aggregating up to ₹2.00 Cr)
Issue Type
book building
Open Date
23 Jun
Close Date
25 Jun
Allotment
29 Jun
Listing
01 Jul
Last updated: 3 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 01 Jul 2026 Latest | ₹53 | ₹0 | ₹53 | ₹0 |
0%
|
1:02 AM |
| 30 Jun 2026 | ₹53 | ₹0 | ₹53 | ₹0 |
0%
|
5:36 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 25 Jun 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 2.51x | 10 |
| NII | 15.06x | 759 |
| bNII (bids above ₹10L) | 18.65x | 421 |
| sNII (bids below ₹10L) | 7.86x | 338 |
| Individual Investors | 5.71x | 2,701 |
| Total | 6.8x | 4,229 |
Showing the latest subscription snapshot.
View full subscription historyThe promoters of the company are Shreedhar Cotsyn Private Limited, Dharmendra Mohandas Goyal, Vishal Agarwal and Varesh Goyal.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹212,000 |
| Retail (Max) | 2 | 4,000 | ₹212,000 |
| S-HNI (Min) | 3 | 6,000 | ₹318,000 |
| S-HNI (Max) | 9 | 18,000 | ₹954,000 |
| B-HNI (Min) | 10 | 20,000 | ₹1,060,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 2,698,000 (46.61%) |
|
•
Anchor Investor Shares Offered
|
1,618,000 (27.95%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
1,080,000 (18.66%) |
| NII (HNI) Shares Offered | 812,000 (14.03%) |
|
•
bNII > ₹10L
|
541,334 (9.35%) |
|
•
sNII < ₹10L
|
270,666 (4.68%) |
| Individual Investors Shares Offered | 1,892,000 (32.69%) |
| Market Maker Shares Offered | 386,000 (6.67%) |
| Total Shares Offered | 5,788,000 (100.00%) |
Incorporated in December 2020, Shreedhar Spinners Limited has quickly established itself as a reliable manufacturer in India’s textile landscape. Headquartered in Mumbai, the company operates a specialized spinning facility in the textile hub of Amravati, Maharashtra, where it focuses entirely on spinning high-quality compact cotton yarn. As a pure Business-to-Business (B2B) player, the company supplies essential raw yarn to domestic fabric manufacturers, weavers, and garment exporters who shape the clothing worn by millions everyday.
The operational strength of the company lies in its modern, 24/7 manufacturing infrastructure. Shreedhar Spinners produces a diverse range of combed cotton yarns that serve multiple consumer segments, including denim, everyday apparel, home furnishing, and industrial fabrics. To ensure consistent growth, the company recently commissioned a new manufacturing expansion unit, effectively doubling its production capacity to over 5,500 metric tonnes per annum.Led by financial and textile veterans Dharmendra Mohandas Goyal and Vishal Agarwal, the enterprise has carved out a stable financial growth profile. Total income reached ₹134.43 crore for Fiscal 2025, alongside a steady net profit (PAT) of ₹3.42 crore.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 20.28 | 126.35 | 70.1 |
| Profit After Tax (PAT) | -1.43 | 3.35 | 3.04 |
| EBITDA | 1.51 | 13.41 | 7.85 |
| Total Assets | 82.56 | 92.28 | 108.19 |
| Net Worth | 13.57 | 16.92 | 23.37 |
| Reserves & Surplus | 8.37 | 5.34 | -1.43 |
| Total Borrowing | 63 | 62.11 | 67.3 |
Revenue & Profit Trend
The basis of allotment for Shreedhar Spinners IPO was finalised on 29 Jun 2026. You can check your allotment status using your PAN number or application number on the MUFG Intime India Pvt.Ltd portal or BSE.
The Shreedhar Spinners IPO is expected to open in Jun 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Shreedhar Spinners IPO is ₹50.00 - ₹53.00 per share.
As per market sources, Shreedhar Spinners IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Shreedhar Spinners IPO stands at 6.80x overall.
The listing date for Shreedhar Spinners IPO is 01 Jul 2026.
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