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Shreedhar Spinners Ltd

Registered Office: 503 Matharu Arcade Subhash Rd,Vile Parle East, Mumbai - 400057, Maharashtra, India.
Phone : +91 22 4515 8777   Fax:
Email :  company.sec@shreedhar.com  
Website :  www.shreedharspinners.com

Initial public offer of upto 57,88,000^ equity shares of face value of Rs. 10/- each ("Equity Shares") of Shreedhar Spinners Limited ("the Company" or "the Issuer") at an issue price of Rs. 53 per equity share (including a share premium of 43 per equity share) for cash, aggregating up to Rs. 30.68 Crores ("Public Issue") out of which 3,86,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 53 per equity share for cash, aggregating Rs. 2.05 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 54,02,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 53 per equity share for cash, aggregating up to Rs. 28.63 Crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 27.00% and 25.20% respectively of the post-issue paid- up equity share capital of the company. Price Band: Rs. 53/- per equity share of face value of Rs. 10 each. The floor price is 5.30 times of the face value of the equity shares. Bids can be made for a minimum of two lots and further in multiples of 2000 equity shares thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
23-Jun-26 25-Jun-26 53.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 2000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 0.00 Marwadi Chandarana Intermediaries Brokers Pvt Ltd
Project Financed through Current Offer 30.68  
Post Issue Equity Share Capital 21.44  
Issue Price 53.00  

Project

  • Funding incremental working capital requirements of the Company
  • Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra
  • General corporate purposes

Promoted By

Shreedhar Cotsyn Private Limit

Dharmendra Mohandas Goyal

Vishal Agarwal

Listing At

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd

Attention Investor:

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