
Spinaroo Commercial IPO
IPO Details
-
Open Date
28 Mar 2025
-
Close Date
03 Apr 2025
-
Listing Date
08 Apr 2025
- IPO Price Range
₹ 51
- IPO Size
₹ 10.17 Cr
- Listing Exchange
BSE SME
IPO Timeline
Spinaroo Commercial IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
28-Mar-2025 | - | 0.02 | 0.3 | 0.16 |
1-Apr-2025 | - | 0.02 | 0.34 | 0.18 |
2-Apr-2025 | - | 0.02 | 0.6 | 0.31 |
3-Apr-2025 | - | 1.84 | 1.2 | 1.52 |
Last Updated: 03 April 2025 6:16 PM by 5Paisa
Spinaroo Commercial is launching a fixed-price IPO of ₹10.17 crores, offering 19.94 lakh fresh shares. The company manufactures aluminum foil containers, home foils, and paper products like cups, plates, and bowls. It also provides semi-processed materials and machinery for paper cup production. Its business includes manufacturing, trading, and job work, ensuring high-quality products, competitive pricing, and timely delivery with expert guidance.
Established in: 2012
Managing Director: Mr. Aditya Todi
Objectives
1. Working capital requirements.
2. General corporate purposes
Spinaroo Commercial IPO Size
Types | Size |
---|---|
Total IPO Size | ₹10.17 Cr. |
Offer For Sale | - |
Fresh Issue | ₹10.17 Cr. |
Spinaroo Commercial IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 2000 | 102,000 |
Retail (Max) | 1 | 2000 | 102,000 |
HNI (Min) | 2 | 4000 | 204,000 |
Spinaroo Commercial IPO Reservation
Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
---|---|---|---|---|
NII (HNI) | 1.84 | 9,47,000 | 17,38,000 | 8.86 |
Retail | 1.2 | 9,47,000 | 11,40,000 | 5.81 |
Total** | 1.52 | 18,94,001 | 28,78,000 | 14.68 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Revenue | 47.58 | 53.19 | 41.21 |
EBITDA | 2.17 | 2.19 | 2.65 |
PAT | 0.52 | 0.93 | 1.40 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Total Assets | 17.82 | 19.48 | 19.05 |
Share Capital | 1.00 | 1.00 | 1.00 |
Total Borrowings | 8.99 | 8.43 | 7.52 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Net Cash Generated From / (used in) operating activities | 1.23 | 1.81 | 0.86 |
Net Cash Generated From / (used in) investing activities | -0.33 | -0.11 | 0.74 |
Net Cash Generated From / (used in) financing activities | -1.26 | -1.33 | -1.65 |
Net Increase (Decrease) In Cash And Cash Equivalents | -0.36 | 0.37 | -0.05 |
Strengths
1. Dual manufacturing units enhance production efficiency and cost savings.
2. Experienced leadership ensures strategic growth and market expansion.
3. Strong R&D drives innovation and process optimization.
4. Strict quality control ensures superior product standards.
5. Long-term client relationships foster repeat business and brand loyalty.
Risks
1. High dependency on raw material price fluctuations.
2. Limited global market presence restricts expansion opportunities.
3. Intense competition from established industry players.
4. Capital-intensive operations increase financial risk.
5. Regulatory compliance challenges may impact production and costs.
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FAQs
Spinaroo Commercial IPO opens from 28 March 2025 to 3 April 2025.
The size of Spinaroo Commercial IPO is ₹10.17 Cr.
The price of Spinaroo Commercial IPO is fixed at ₹51 per share.
To apply for Spinaroo Commercial IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Spinaroo Commercial IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Spinaroo Commercial IPO is 2,000 shares and the investment required is ₹102,000.
The share allotment date of Spinaroo Commercial IPO is 4 April 2025.
The Spinaroo Commercial IPO will likely be listed on 8 April 2025.
Finshore Management Services Ltd is the book running lead manager for Spinaroo Commercial IPO.
Spinaroo Commercial plans to utilise the raised capital from the IPO for:
1. Working capital requirements.
2. General corporate purposes
Contact Information
Spinaroo Commercial
Spinaroo Commercial Limited
Jalan Industrial Complex Gate-1,
Right Lane-6, P.O. Jangalpur,
Begri Gram Panchayat, Howrah 711 411
Phone: +91 96747 03249
Email: compliance@spino.co.in
Website: http://www.spino.co.in/
Spinaroo Commercial IPO Register
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
Spinaroo Commercial IPO Lead Manager
Finshore Management Services Limited