NSE List Price : ₹54.40

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Category	Times
QIBs	2.51x
HNIs	15.06x
Retail	5.71x
Total : 6.80x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	4,000	₹212,000
Retail Maximum	2	4,000	₹212,000
S-HNI Minimum	3	6,000	₹318,000
S-HNI Maximum	9	18,000	₹954,000
B-HNI Minimum	10	20,000	₹1,060,000

About the Company

Incorporated in December 2020, Shreedhar Spinners Limited is engaged in the production of 100% compact spun cotton yarn. The company operates a state-of-the-art spinning unit located in the Amravati Textile Park, Maharashtra, with an installed capacity of 10,000 MT per annum and 28,608 spindles, manufacturing yarn counts ranging from Ne 10s to Ne 40s.

The company's cotton yarn is designed for both knitting and weaving applications and caters to a wide range of end-use industries, including apparel, denim, terry towels, shirting, bed linen, sweaters, socks, home furnishing fabrics, and industrial textiles.

Focused entirely on the B2B segment, Shreedhar Spinners supplies its products to textile manufacturers, exporters, traders, and fabric processors, with a strong presence primarily in Maharashtra.

Company Financial Report

_{Amount ₹ in Crores}

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

Company Promoter

Shreedhar Cotsyn Private Limited

Dharmendra Mohandas Goyal

Vishal Agarwal

Sunita Dharmendra Goyal

Pooja Agarwal

Varesh Goyal

Know before investing

• • Strengths

  Significant compact spun cotton yarn production capacity: With an installed manufacturing capacity of 10,000 MT per year, the company is well-positioned to meet substantial customer demand and large-volume orders.

  Established customer base: Strong and enduring relationships with textile manufacturers, exporters, and traders support recurring orders and help maintain consistent business demand.

• • Risks

  Promoter share encumbrance risk: A part of the equity stake held by the promoter group has been pledged, which could raise concerns related to financial commitments and the stability of promoter ownership.

  Leverage and covenant compliance risk: The company maintains a relatively high debt-equity ratio, and its borrowing arrangements include restrictive covenants that may constrain operational flexibility and elevate financial risk.

Objects of the Issue & Utilisation of proceeds

Funding incremental working capital requirements of the Company.

Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra.

General Corporate Purpose.

Company  Address

Shreedhar Spinners Ltd.
503, Matharu Arcade
Subhash Road
Vile Parle East,
Mumbai, Maharashtra, 400057
Phone: +91 22 4515 8777
Email: company.sec@shreedhar.com
Website: https://www.shreedharspinners.com/

IPO Registrar

MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: shreedharspinners.smeipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

IPO Review

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