Spinaroo Commercial Limited IPO
BSE SMEListed On: Apr 8, 2025 at ₹ 52.85
₹ 204000 /4000 Shares
*Min Investment
28 Mar, 2025
Open Date03 Apr, 2025
Close Date04 Apr, 2025
Allotment Date08 Apr, 2025
Listing DateSpinaroo Commercial IPO Issue Details
- Issue Price ₹51 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 19,94,000 shares(aggregating up to ₹10.17 crore)
- Fresh Share 19,94,000 shares(aggregating up to ₹10.17 crore)
- Listing at BSE SME
- List Price 52.85
- Listing Date 2025-04-08
- Lead Manager Finshore Management Services Limited
- Registrar Cameo Corporate Services Limited
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,02,000 |
| Retail(max) | 1 | 2000 | ₹1,02,000 |
| NII (min) | 2 | 4,000 | ₹2,04,000 |
Spinaroo Commercial IPO Reservation
Spinaroo Commercial IPO offers total 19,94,001 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,9,47,000 (47.49%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 1,00,000 (5.02%) | |
| Retail Shares Offered | 9,47,000 (47.49%) | |
| Total Shares Offered | 19,94,001 (100%) |
Spinaroo Commercial IPO Details
Spinaroo Commercial Limited IPO is an SME IPO, priced at ₹51 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 19,94,000 equity shares, aggregating up to ₹10.17 crores..
The IPO bidding window is open from Mar 28, 2025 to Apr 3, 2025. The allotment is expected to be finalized on Apr 4, 2025, and the tentative listing date is Apr 8, 2025.
The minimum lot size for Retail investors is 2000 shares, with a minimum investment of ₹1,02,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,04,000.
Finshore Management Services Limited is acting as the lead manager to the issue. The registrar of the IPO is Cameo Corporate Services Limited, and Black Fox Financial Private Limited will act as the market maker for this issue.
Spinaroo Commercial IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 9,47,000 | 9,47,000 | 18,94,000 |
Day 1 28-03-25 06:00 PM | 0.02 x | 0.30 x | 0.16 x |
Day 2 01-04-25 06:00 PM | 0.02 x | 0.34 x | 0.18 x |
Day 3 02-04-25 06:00 PM | 0.02 x | 0.60 x | 0.31 x |
Day 4 03-04-25 06:00 PM | 1.94 x | 1.20 x | 1.57 x |
Spinaroo Commercial Valuations
Spinaroo Commercial Company Financials
| 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 21.94 | 19.05 | 19.48 | 17.82 |
| Revenue | 21.02 | 41.21 | 53.19 | 47.58 |
| Profit After Tax | 0.61 | 1.40 | 0.93 | 0.52 |
| Net Worth | 6.64 | 6.03 | 4.63 | 3.7 |
| Reserves & Surplus | 1.64 | 5.03 | 3.63 | 2.7 |
About Spinaroo Commercial Company
Incorporated on August 17, 2012, Spinaroo Commercial Limited is involved in the production of aluminum foil containers, aluminum home foil, paper cups, paper plates, paper bowls, and semi-processed paper cup materials such as paper coating, printing, and blanking.
They also provide a variety of paper cup-related machinery, including high-speed paper cup-making machines, flexo printing machines, and automatic roll die-cutting machines, offering complete end-to-end solutions.
The company provides a variety of high-quality products produced from high-grade raw materials. These are produced under professional supervision, with a guarantee of superior performance, competitive prices, and prompt delivery to satisfy customer requirements.
The company has 35 employees as on October 31, 2024
Spinaroo Commercial - Promoter(s)
Mr. Amit Sultania
Mr. Aditya Todi
Mrs. Mridula Todi
Pre Issue Share Holding : 66.67%
Post Issue Share Holding : 47.66%
Spinaroo Commercial IPO - Issue Objectives
Working Capital Requirements
General Corporate Expenses
Contact Details
Spinaroo Commercial
Jalan Industrial Complex Gate-1, Right Lane-6, P.O. Jangalpur, Begri Gram Panchayat, Howrah 711 411
+91 96747 03249
Registrar Contact Details
Spinaroo Commercial IPO - FAQs
Ans. Spinaroo Commercial Limited IPO is a SME IPO. The issue is priced at ₹51 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Mar 28, 2025, and closes on Apr 3, 2025. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Spinaroo Commercial Limited IPO opens on Mar 28, 2025 and closes on Apr 3, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Spinaroo Commercial Limited IPO is 19,94,000 shares(aggregating up to ₹10.17 Cr).
Ans. The Spinaroo Commercial Limited IPO price band is set between ₹51 per equity share.
Ans. To apply for Spinaroo Commercial Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Spinaroo Commercial Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Spinaroo Commercial Limited IPO is Apr 4, 2025.
Ans. The Spinaroo Commercial Limited IPO will be listed on Apr 8, 2025.
Ans. Follow the steps to check the Spinaroo Commercial Limited IPO allotment status online.
