Current IPO
Shreedhar Spinners Ltd
Registered Office:
503 Matharu Arcade Subhash Rd,Vile Parle East,
Maharashtra ,
Mumbai,400057
Phone : +91 22 4515 8777
|
Fax : N/A
| 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. 51-53 per equity share (including a share premium of 41-43 per equity share) for cash, aggregating up to Rs. 29.52-30.68 Crores ("Public Issue") out of which 3,86,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 51-53 per equity share for cash, aggregating Rs. 1.97-2.05 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. 51-53 per equity share for cash, aggregating up to Rs. 27.55-28.63 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. 51/- to Rs. 53/- per equity share of face value of Rs. 10 each.
The floor price is 5.10 times the face value and cap 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.
^Subject to finalisation of basis of allotment.
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Allotment | Application |
| 23-Jun-26 | 25-Jun-26 | 0.0 - 0.0 | 51.0 - 53.0 |
Minimum Application for shares in Nos : 4000.00 Further Multiples of : 2000.00
| ( in Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 |
Marwadi Chandarana Intermediaries Brokers Pvt Ltd |
| Project Financed | 29.52 | |
| Post Issue | 21.44 | |
| Issue Price | 21.44 |
Projects
- Funding incremental working capital requirements of the Company
- Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra
- General corporate purposes
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Promoted By
Shreedhar Cotsyn Private Limit
Dharmendra Mohandas Goyal
Vishal Agarwal
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Listing At
NSE - SME
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Registrar to the Issue
MUFG Intime India Pvt Ltd