Shreedhar Spinners Ipo
Shreedhar Spinners IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | June 23, 2026 |
| IPO Close Date | June 25, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹50 to ₹53 Per Share |
| Issue Size | Approx ₹31 Crores |
| Fresh Issue | Approx ₹31 Crores |
| Issue Type | Bookbuilding Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 4,000 | ₹2,12,000 |
| Retail Maximum | 2 | 4,000 | ₹2,12,000 |
| S-HNI Minimum | 3 | 6,000 | ₹3,18,000 |
| S-HNI Maximum | 9 | 18,000 | ₹9,54,000 |
| B-HNI Minimum | 10 | 20,000 | ₹10,60,000 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | 16,18,000 Shares | 27.95% |
| QIB (Ex. Anchor) | 10,80,000 Shares | 18.66% |
| NII Shares Offered | 8,12,000 Shares | 14.03% |
| Retail Shares Offered | 18,92,000 Shares | 32.69% |
| Anchor Bidding Date | June 22, 2026 |
| Anchor Investors List | |
| Shares Offered | 16,18,000 Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
| IPO Open Date: | June 23, 2026 |
| IPO Close Date: | June 25, 2026 |
| Basis of Allotment: | June 29, 2026 |
| Refunds: | June 30, 2026 |
| Credit to Demat Account: | June 30, 2026 |
| IPO Listing Date: | July 1, 2026 |
| IPO Bidding Cut-off Time: | June 25, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,56,50,000 | 96.55% |
| Promoter Holding Post Issue | 2,14,38,000 | 70.48% |
| Purpose | Crores |
| Funding incremental working capital requirements of the Company | ₹21.04 |
| Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra | ₹4.95 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ₹126.35 | ₹122.30 | ₹3.35 | ₹92.28 |
| 2025 | ₹134.43 | ₹130.30 | ₹3.42 | ₹102.32 |
| 2026 | ₹146.55 | ₹139.08 | ₹6.17 | ₹172.12 |
| KPI | Values |
| ROE: | 24.64% |
| ROCE: | 9.34% |
| EBITDA Margin: | 12.04% |
| PAT Margin: | 4.22% |
| Debt to equity ratio: | 3.89 |
| Earning Per Share (EPS): | ₹4.03 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 20.74% |
| Net Asset Value (NAV): | ₹19.01 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| AB Cotspin India Limited | 6.06 | 33.69 | 8.65% | 69.15 | 301.46 Cr. |
| Siddhi Cotspin Limited | 4.38 | 4.38 | 7.08% | 55.82 | 478.27 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |