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Spinaroo Commercial Ltd.

Spinaroo Commercial Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹51
₹51
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹51
Based on GMP
Min. Investment
₹102,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
28 Mar 2025
Close Date
03 Apr 2025
Allotment
04 Apr 2025
Listing Date
08 Apr 2025
Exchange
BSE SME
Price Band
₹51
Listing Price
See chart
Allotment Status
Price Band
₹51
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
19,94,000 shares (aggregating up to ₹10.17 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹102,000
1 lot
Pre-IPO Holding
50,00,000 shares
Promoters
Post-IPO Holding
69,94,000 shares
Promoters
P/E (Pre)
18.21x
 
P/E (Post)
29.01x
 
EPS (Pre)
₹2.80
 
EPS (Post)
₹1.76
 
UPI Deadline
2025-04-03
Mandate
Anchor AllotmentThu, 27 Mar 2025
Basis of AllotmentFri, 04 Apr 2025
Refund InitiationMon, 07 Apr 2025
Demat CreditMon, 07 Apr 2025
Listing DayTue, 08 Apr 2025
UPI Mandate Deadline2025-04-03
Sale TypeFresh Capital
Net Offer to Public18,94,000 shares (aggregating up to ₹9.66 Cr)
Market Maker Quota1,00,000 shares (aggregating up to ₹0.5100 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Spinaroo Commercial Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 Apr 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
100,000
₹0.51
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
1,994,000
100% ₹10.17
IPO Shares Offered
Spinaroo Commercial Ltd. IPO total issue size: ₹10.17 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 100,000 ₹0.51
5.02%
Total 1,994,000 ₹10.17
100.00%
* Based on upper price band ₹51 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹51.00
Upper Band
Min Investment
₹102,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹204,000
Retail (Max — 13 Lots)1326,000₹1,326,000
S-HNI (Min — 14 Lots)1428,000₹1,428,000
B-HNI (Min — 68 Lots)68136,000₹6,936,000
* Issue Price ₹51 × Lot Size 2,000 shares
IPO Schedule
Anchor
27 Mar 2025
✓ Done
IPO Open
28 Mar 2025
✓ Done
IPO Close
03 Apr 2025
✓ Done
Allotment
04 Apr 2025
✓ Done
Refunds
07 Apr 2025
✓ Done
Demat Credit
07 Apr 2025
✓ Done
Listing Day
08 Apr 2025
✓ Done
Spinaroo Commercial Ltd. — Live Price LIVE
₹51.00
INR · BSE
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Issue ₹51.00 Live Price
About Spinaroo Commercial Ltd.
Incorporated in August 17, 2012, Spinaroo Commercial Limited is engaged in the manufacturing of aluminum foil containers, aluminum home foil, paper cups, paper plates, paper bowls, and semi-processed materials for paper cups, including paper coating, printing, and blanking.They also offer a range of paper cup-related machinery, such as high-speed paper cup-making machines, flexo printing machines, and automatic roll die-cutting machines, providing comprehensive end-to-end support.The company offers a wide range of high-quality products made from superior raw materials. These are manufactured under expert guidance, ensuring exceptional performance, competitive pricing, and timely delivery to meet client specifications.Business Segment:Manufacturing: The company manufactures aluminum home foils, containers, and paper products like cups, plates, and bowls using high-quality, food-grade materials. It also sells semi-finished raw materials after processing and modification.Trading: The company manufactures aluminum foils, containers, and paper products using high-quality, food-grade materials. It also sells semi-finished raw materials for paper cups, plates, and bowls after processing and modification.Job Work: The company provides specialized job work services, including processing, shaping, and printing on paper products. It also offers coating services using food-grade materials, tailored to customer specifications and needs.As on October 31, 2024, the company has 35 employees.Competitive Strengths:Strategic Advantage of Dual Manufacturing Units within the Same Industrial ComplexExpertise-Driven Leadership with a Vision for GrowthInnovation and Efficiency through a Dedicated R&D TeamCommitment to Quality Assurance and Standards.Establishing long-term client relationships and driving repeat businessBackward Integration
Objects of the Issue
1
Working Capital Requirements
2
General Corporate Expenses
Spinaroo Commercial Ltd. Financials (Amount in ₹ Crore)
Revenue from Operations
₹53.2
31 Mar 2023
₹41.2
31 Mar 2024
₹21.0
30 Sep 2024
Profit After Tax (PAT)
₹0.9
31 Mar 2023
₹1.4
31 Mar 2024
₹0.6
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 21.02 41.21 53.19
EBITDA N/A N/A N/A
Profit After Tax (PAT) 0.61 1.40 0.93
Net Worth 6.64 6.03 4.63
Total Assets 21.94 19.05 19.48
Reserves & Surplus 1.64 5.03 3.63
Borrowings 7.43 7.52 8.43
EBITDA Margin (%) N/A
PAT Margin (%) 3.40%
P/BV Ratio
0.85
RoE
23.23%
RoCE
37.58%
RoNW
23.23%
PAT Margin
3.40%
Debt/Equity
1.25
Issue Structure & Shareholding
Total Shares Offered19,94,000 (100.00%)
Net Offer to Public18,94,000 shares (aggregating up to ₹9.66 Cr)
Reserved for Market Maker1,00,000 shares (aggregating up to ₹0.5100 Cr)
Pre-Issue Promoter Holding50,00,000 shares
Post-Issue Promoter Holding69,94,000 shares
P/BV Ratio0.85
RoE23.23%
RoCE37.58%
Debt / Equity1.25
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Finshore Management Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Spinaroo Commercial Ltd. IPO subscribed?

Spinaroo Commercial Ltd. IPO is subscribed 1.00 times by Apr 03, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Spinaroo Commercial Ltd. IPO retail subscription status?

The Spinaroo Commercial Ltd. IPO retail category is subscribed 1.00 times as of 03 Apr 2025. The retail portion is oversubscribed.

How to subscribe Spinaroo Commercial Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 28 Mar 2025 and closes 03 Apr 2025. Min investment: ₹102,000 (1 lot = 2,000 shares). UPI mandate: 2025-04-03.

How many times Spinaroo Commercial Ltd. IPO subscribed?

The Spinaroo Commercial Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Spinaroo Commercial Ltd. IPO allotment?

Check allotment on the registrar website (Cameo Corporate Services Ltd) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Apr 2025. Refunds: on 07 Apr 2025.

When Spinaroo Commercial Ltd. IPO will be listed?

The Spinaroo Commercial Ltd. IPO listing date is 08 Apr 2025, Tuesday. Listed on: BSE SME. Issue price: ₹51. Estimated listing: ₹51. GMP: NIL.

When Spinaroo Commercial Ltd. IPO close?

The Spinaroo Commercial Ltd. IPO closes on 03 Apr 2025, Thursday. UPI mandate: 2025-04-03. Allotment: 04 Apr 2025. Listing: 08 Apr 2025.