Shreedhar Spinners
OPENIPO Date: 23 Jun - 25 Jun 2026
Listing Date: 1 Jul 2026
Price Range
₹51 – ₹53
Issue Size
31 Cr
Min Investment
₹1,02,000
Lot Size
2000 Shares
Schedule of Shreedhar Spinners
Issue open date
23 Jun 2026
Issue close date
25 Jun 2026
UPI mandate deadline
25 Jun 2026 (5 PM)
Allotment finalization
29 Jun 2026
Share credit
30 Jun 2026
Listing date
1 Jul 2026
Mandate end date
10 Jun 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 31 Cr |
| Fresh Issue | 0.58 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 29 Jun 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 23 Jun 2026 | ₹53 | ₹0 | ₹53 (0%) |
| 22 Jun 2026 | ₹53 | ₹0 | ₹53 (0%) |
| 21 Jun 2026 | ₹53 | ₹0 | ₹53 (0%) |
| 20 Jun 2026 | ₹53 | ₹0 | ₹53 (0%) |
| 19 Jun 2026 | ₹53 | ₹0 | ₹53 (0%) |
| 18 Jun 2026 | ₹53 | ₹0 | ₹53 (0%) |
| 17 Jun 2026 | ₹53 | ₹0 | ₹53 (0%) |
Performance Shreedhar Spinners
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹51 – ₹53 | .... | .... | .... |
About Shreedhar Spinners
Shreedhar Spinners Limited is engaged in manufacturing compact spun cotton yarn used across knitting and weaving applications. The company operates its manufacturing facility at Amravati Textile Park, Maharashtra and produces yarn counts ranging from Ne 10s to Ne 40s. Its products serve industries such as apparel, denim, bed linen, terry towels, furnishing and industrial fabrics. The business follows a B2B model and supplies textile manufacturers, exporters, traders and fabric processors with quality-controlled yarn solutions.
| Founded in | 2020 |
| Managing director | Dharmendra Mohandas Goyal |
| Parent organization |
Financial Overview
Strengths
- Located in a major cotton-growing region (Vidarbha/Amravati), helping raw material sourcing efficiency.
- Diversified yarn applications across apparel, home textiles and industrial fabric segments reduce dependence on a single end market.
- Modern compact spinning setup with around 28,608 spindles and quality-control infrastructure supports consistent production quality.
- Backed by promoters with decades of textile sector experience and export relationships.
Risks
- High dependence on cotton prices may impact margins due to raw material cost fluctuations.
- Operates mainly in B2B textile demand cycles, making revenue sensitive to industry slowdowns.
- Product concentration toward cotton yarn limits diversification.
- Textile manufacturing is competitive and exposed to export demand and pricing pressure.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 0.02 |
| Non-Institutional Investors (NIIs) | 1.53 |
| Retail Individual Investors (RIIs) | 0.41 |
| Employee | N/A |
| Total | 0.54 |