Spinaroo Commercial logo

Spinaroo Commercial IPO

  • Status: Closed
  • RHP:
  • ₹ 102,000 / 2000 shares

    Minimum Investment

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

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Spinaroo Commercial IPO Subscription Status

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.

Profit and Loss

Balance Sheet

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