Shreedhar Spinners came to market through an SME IPO that opened on 23 June 2026 and closed on 25 June 2026, and the shares listed on 1 July 2026 on NSE SME. The price band was ₹51 to ₹53 per share and one lot was 2000 shares, so the minimum application was ₹1,06,000. The issue size was ₹30.68 crore. The whole issue was fresh shares, so the money raised went to the company.
MUFG Intime India Pvt.Ltd was the registrar to the issue, and Marwadi Chandarana Intermediaries Brokers Pvt.Ltd was the lead manager.
As of 25 June 2026.
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Shreedhar Spinners Limited was incorporated on December 2020 as a company specializing in cotton yarn manufacturing. The company produces 100% compact spun cotton yarns from Ne 10s to Ne 40s through the use of a state-of-the-art spinning facility located at Amravati Textile Park, Maharashtra. The company's installed capacity for producing the products stands at 10,000 MT per annum and 28,608 spindles. The company produces cotton yarn that can be utilized either in knitting or weaving of various fabrics.
The company caters to various sectors using its products such as apparels, denim, terry towels, shirting, bed linens, sweaters, socks, furnishing, and industrial fabrics among others. The company strictly operates in the B2B market segment selling its products to textile manufacturers, exporters, traders, and fabric processors mainly in Maharashtra. The company procures its raw material, i.e., raw cotton from local ginners, dealers, and Cotton Corporation of India (CCI).
The company benefits from its location in the rich cotton-producing region, which helps it in sourcing raw materials easily. The company has ISO certifications for 9001:2015, ISO 14001:2015, and ISO 45001:2018 and has a dedicated Quality Control Team along with testing and contamination controls facilities. As of April 30, 2026, the company employed 164 personnel across production, engineering, quality control, administration, and management functions.
As described in the offer document.
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Shreedhar Cotsyn Private Limited, Dharmendra Mohandas Goyal, Vishal Agarwal, Sunita Dharmendra Goyal, Pooja Agarwal, Varesh Goyal. Promoter holding 96.55% before the issue and 70.48% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Shreedhar Spinners IPO was a ₹30.68 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹50–₹53 per share with a lot size of 2,000 shares; the minimum retail application was 4,000 shares (₹2,12,000). The IPO was open from June 23 to June 25, 2026 and was subscribed 6.8x. Shares listed on NSE SME on July 1, 2026 at ₹54.40, a 2.6% premium to the issue price of ₹53. MUFG Intime India Pvt. Ltd.
is the registrar. Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is the book running lead manager.
The price band of Shreedhar Spinners IPO is ₹50 to ₹53 per share.
The lot size of Shreedhar Spinners IPO is 2000 shares.
The minimum investment for Shreedhar Spinners IPO is approximately ₹2,12,000 based on the upper price band.
The allotment date of Shreedhar Spinners IPO is Jun 29, 2026.
You can check Shreedhar Spinners IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shreedhar Spinners IPO allotment status on Rupix for quick and easy access.
₹51 to ₹53 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 2000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,06,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,06,000, for one lot of 2000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 23 June 2026 and closed on 25 June 2026.
The basis of allotment was published on 29 June 2026 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 1 July 2026 on NSE SME.
The issue size was ₹30.68 crore. The fresh issue was 57,88,000 shares (aggregating up to ₹30.68 crore).