Spinaroo Commercial IPO - Day 4 Subscription at 0.54 Times

Spinaroo Commercial's initial public offering (IPO) has shown modest progress through its four-day subscription period. The ₹10.17 crore IPO has witnessed gradual growth in demand, with subscription rates advancing from 0.16 times on day one, remaining at 0.18 times on day two, improving to 0.31 times on day three, and reaching 0.54 times by 11:39 AM on the final day, demonstrating limited investor interest in this manufacturer of aluminum foil containers, paper cups, plates, bowls, and related machinery.

સ્પિનારૂ કમર્શિયલ IPO retail segment leads with 0.80 times subscription, approaching but not reaching full subscription, while non-institutional investors show minimal interest at 0.29 times, reflecting cautious investor approach toward this company that operates manufacturing units producing aluminum home foils, containers, and paper products using food-grade materials.
 

Subscription Status of Spinaroo Commercial IPO:

Here are the subscription details for Spinaroo Commercial IPO as of Day 4 (April 3, 2025, 11:39 એએમ):

નોંધ:
 

• "ઑફર કરેલ શેર" અને "કુલ રકમ" ની ગણતરી ઇશ્યૂ કિંમતની શ્રેણીની ઉપલી કિંમતના આધારે કરવામાં આવે છે.
• એન્કર ઇન્વેસ્ટર્સ અને માર્કેટ મેકરના ભાગો ઑફર કરેલા કુલ શેરમાં શામેલ નથી.

Spinaroo Commercial IPO - Day 4 Subscription

મુખ્ય હાઇલાઇટ્સ:

• Overall subscription reached 0.54 times, showing moderate progress though below full subscription
• Retail investors showing highest interest at 0.80 times subscription, leading overall demand
• NII segment showing limited interest at 0.29 times, though significant improvement from previous days
• Total applications reaching 441, indicating moderate investor participation
• સંચિત બિડની રકમ ₹5.25 કરોડ સુધી પહોંચી જાય છે, ઇશ્યૂ સાઇઝના લગભગ 52%
• બિડમાં ₹3.85 કરોડ સાથે રિટેલ સેગમેન્ટ એકંદર સબસ્ક્રિપ્શન ચલાવે છે, જે કુલ બિડના 73% નું પ્રતિનિધિત્વ કરે છે
• Final day showing notable improvement in NII interest after three days of minimal participation

Spinaroo Commercial IPO - Day 3 Subscription at 0.31 Times

મુખ્ય હાઇલાઇટ્સ:

• Overall subscription improved to 0.31 times, showing moderate growth from previous days
• Retail investors showed increased interest at 0.60 times, doubling day two's 0.34 times
• NII segment remained unchanged at 0.02 times, showing continued minimal interest
• Day three momentum building gradually with retail investor participation driving growth
• Market response indicating selective interest focused primarily on retail segment
• Aluminum and paper product manufacturing expertise drawing limited retail investor attention
• Third day showing continued modest progress toward subscription goals

Spinaroo Commercial IPO - Day 2 Subscription at 0.18 Times

મુખ્ય હાઇલાઇટ્સ:

• Overall subscription improved marginally to 0.18 times, showing limited growth from day one
• Retail investors showed slight improvement to 0.34 times from day one's 0.30 times
• NII segment remained unchanged at 0.02 times, showing continued minimal interest
• Day two momentum building very gradually with minimal change from opening day
• Market response indicating cautious approach across investor categories
• Packaging manufacturing sector generating limited early investor enthusiasm
• Second day maintaining steady but modest subscription levels

Spinaroo Commercial IPO - Day 1 Subscription at 0.16 Times

• Overall subscription opened at 0.16 times, showing cautious initial investor approach
• Retail investors began with limited interest at 0.30 times, showing modest early participation
• NII segment showed minimal initial interest at 0.02 times, reflecting very cautious evaluation
• Opening day demonstrated selective investor engagement concentrated in retail segment
• Initial momentum reflecting measured assessment of aluminum and paper packaging sector
• Manufacturing expertise drawing limited selective interest from retail investors
• First day setting subscription baseline at modest levels for subsequent days
   

About Infonative Solutions Limited

Founded in 2014, Infonative Solutions Limited specializes in custom learning development solutions for corporate and educational sectors. The company designs and develops e-learning content and services, including cloud-based learning management systems (LMS) and related products with expertise in instructional design, gamification, AR/VR-based content, and software simulations.

Financial performance shows solid results with revenue of ₹18.08 crores in FY2024 and profit of ₹1.45 crores, while the six months ended September 2024 showed improved performance with revenue of ₹11.42 crores and profit of ₹3.64 crores. With 157 employees as of September 2024, the company's competitive strengths include their experienced promoters and qualified management, scalable business model, commitment to meeting market needs, and expanding off-the-shelf library of content.
 

Highlights of the Infonative Solutions IPO:

• IPO type: Book Building IPO
• IPO સાઇઝ : ₹24.71 કરોડ
• ફ્રેશ ઈશ્યુ: 31.28 લાખ શેર
• ફેસ વેલ્યૂ : પ્રતિ શેર ₹1
• ઇશ્યૂ પ્રાઇસ બેન્ડ : ₹75 થી ₹79 પ્રતિ શેર
• લૉટની સાઇઝ: 1,600 શેર
• રિટેલ ઇન્વેસ્ટર માટે ન્યૂનતમ ઇન્વેસ્ટમેન્ટ: ₹ 1,26,400
• એચએનઆઈ માટે ન્યૂનતમ ઇન્વેસ્ટમેન્ટ: ₹2,52,800 (2 લૉટ્સ)
• માર્કેટ મેકર રિઝર્વેશન: 1,56,800 શેર
• લિસ્ટિંગ: BSE SME
• IPO ખોલે છે: માર્ચ 28, 2025
• IPO બંધ થાય છે: એપ્રિલ 3, 2025
• ફાળવણીની તારીખ: એપ્રિલ 4, 2025
• લિસ્ટિંગની તારીખ: એપ્રિલ 8, 2025