Who is the CEO of Shreedhar Spinners Ltd?
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Mr. Dharmendra Mohandas Goyal is the Managing Director of Shreedhar Spinners Ltd.
Shreedhar Spinners Limited is a cotton yarn manufacturing company engaged in the production of 100% compact spun cotton yarn for knitting and weaving applications. The Shreedhar Spinners IPO opens on June 23, 2026, and closes on June 25, 2026. The company plans to issue 57,88,000 shares through a book-built issue with a price band of ₹51 to ₹53 per share. The IPO is proposed to be listed on the NSE SME platform. The proceeds are intended to support working capital requirements, the purchase of machinery for the existing manufacturing facility, and general corporate purposes.
Shreedhar Spinners Limited is engaged in the manufacturing of 100% compact spun cotton yarn used across knitting and weaving applications. The company caters to a broad range of textile segments, including apparel, denim, bed linen, terry towels, sweaters, socks, furnishing fabrics, and industrial textiles. Operating through a manufacturing facility located in Maharashtra, the company serves business-to-business customers such as textile manufacturers, exporters, traders, and fabric processors. Its operations are supported by raw material sourcing from cotton-producing regions and established quality management systems. Within the textile value chain, the company focuses on supplying cotton yarn to downstream textile participants. Its presence in the cotton-rich Vidarbha region provides access to key raw material sources, while its manufacturing infrastructure supports production requirements across multiple yarn counts. The company also follows recognised quality, environmental, and occupational health and safety standards, reflecting its emphasis on operational processes and product quality. These factors support the company's operations within India's textile manufacturing ecosystem.
Investors can apply for the Shreedhar Spinners Ltd IPO through the ASBA (Application Supported by Blocked Amount) facility available via net banking or through a registered platform. To apply, investors need to log in to their preferred application platform, select the IPO from the list of available public issues, enter the bid quantity and price within the specified price band, and provide the required demat account details. After reviewing the application, investors can submit the bid and complete the mandate authorisation process. Once the application is submitted, the corresponding amount is blocked in the investor’s bank account until the allotment process is completed. Following the basis of allotment, shares allotted to successful applicants are credited to their demat accounts, while the blocked amount for unallotted or partially allotted applications is released as per the applicable process. Investors should review the offer document and ensure that all application details are entered correctly before submission.
For more details, visit the Shreedhar Spinners IPO page.
Details | Information |
IPO Date | June 23, 2026 to June 25, 2026 |
Issue Size | 57,88,000 shares (agg. up to ₹30.68 Cr) |
Price Band | ₹51 to ₹53 per share |
Lot Size | 2,000 shares |
Listing At | NSE SME |
Market Maker | Mansi Share & Stock Broking Pvt. Ltd. |
Funding incremental working capital requirements of the company
Purchase of machinery for the existing manufacturing facility at Amravati, Maharashtra
General corporate purposes
Event | Date |
|---|---|
IPO Open Date | Tue, Jun 23, 2026 |
IPO Close Date | Thu, Jun 25, 2026 |
Tentative Allotment | Mon, Jun 29, 2026 |
Initiation of Refunds | Tue, Jun 30, 2026 |
Credit of Shares to Demat | Tue, Jun 30, 2026 |
Tentative Listing Date | Wed, Jul 1, 2026 |
Cut-off time for UPI mandate confirmation | 5 PM on Thu, Jun 25, 2026 |
₹51 to ₹53 per share
Application | Lots | Shares | Amount |
Individual investors (IND) (Min) | 2 | 4,000 | ₹2,12,000 |
Individual investors (IND) (Max) | 2 | 4,000 | ₹2,12,000 |
S-HNI (Min) | 3 | 6,000 | ₹3,18,000 |
S-HNI (Max) | 9 | 18,000 | ₹9,54,000 |
B-HNI (Min) | 10 | 20,000 | ₹10,60,000 |
The Shreedhar Spinners IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Access your trading account using the trading platform.
Go to the IPO section to view active IPO listings.
Locate Shreedhar Spinners IPO in the list of available IPOs and click the ‘Apply’ button.
Specify the number of shares (lot size: 2,000 shares) at the price band of ₹51 to ₹53 per share.
Enter your UPI ID for payment authorisation and ensure sufficient funds in your bank account.
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Submit the application and monitor the allotment status to check if shares have been allocated to you.
The allocation of shares in the Shreedhar Spinners IPO is structured across investor categories in line with applicable regulatory requirements. The issue provides defined reservations for qualified institutional buyers, non-institutional investors, and retail individual investors, with each category allotted a specified proportion of the net issue. This allocation framework outlines how the shares offered are distributed among different classes of investors.
Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
QIB Shares Offered | 26,98,000 | 49.94% | 46.61% |
− Anchor Investor Shares Offered | 16,18,000 | - | 27.95% |
− QIB (Ex. Anchor) Shares Offered | 10,80,000 | - | 18.66% |
NII (HNI) Shares Offered | 8,12,000 | 15.03% | 14.03% |
− bNII > ₹10L | 5,41,334 | - | 9.35% |
− sNII < ₹10L | 2,70,666 | - | 4.68% |
Retail Shares Offered | 18,92,000 | 35.02% | 32.69% |
Firm Reservations | |||
Market Maker Shares Offered | 3,86,000 | - | 6.67% |
Total Shares Offered | 57,88,000 | 100.00% | 100.00% |
This structure reflects the allocation approach as disclosed in the issue documents, indicating the proportion of shares available to each investor category.
Total Assets: Grew from ₹92.28 crore in FY24 to ₹172.12 crore as of March 2026.
Total Income: Recorded at ₹146.55 crore in March 2026, as compared to ₹126.35 crore in FY24.
Profit After Tax (PAT): Reported at ₹6.17 crore in March 2026, and ₹3.35 crore in FY24.
Net Worth: Recorded at ₹29.76 crore in March 2026 compared to ₹16.92 crore in FY24.
Reserves & Surplus: Stood at ₹14.11 crore in March 2026, as compared to ₹1.92 crore in FY24.
Total Borrowings: Stood at ₹115.90 crore in March 2026, as compared to ₹62.11 crore in FY24.
EBITDA: Stood at ₹17.62 crore in March 2026 in comparison to ₹13.41 crore in FY24.
The company reported growth in its asset base during the reviewed period, reflecting expansion in its operational scale and business activities.
Total income increased compared to the earlier financial year, indicating higher business volumes and revenue generation.
Profit after tax improved over the period under review, reflecting changes in the company’s earnings performance.
Net worth strengthened, supported by the accumulation of profits and growth in shareholders’ funds.
Reserves and surplus increased during the period, contributing to the company’s overall financial position.
Borrowings rose alongside business expansion and operational requirements.
EBITDA registered growth compared to the previous financial year, indicating changes in operating performance.
The company’s financial position reflects developments across revenue generation, profitability, and balance sheet strength.
Ongoing participation in the cotton yarn manufacturing segment and its established customer base may support future business operations, subject to market conditions and industry dynamics.
The company operates in the cotton yarn manufacturing segment, where profitability and operating performance can be influenced by fluctuations in raw cotton prices, availability of raw materials, and changes in demand from the textile industry.
The company’s borrowings have increased alongside business expansion and operational requirements. Changes in financing costs, working capital needs, or industry conditions may have an impact on its financial performance and cash flow management.
The company plans to utilise a portion of the IPO proceeds towards working capital requirements and the purchase of machinery for its existing manufacturing facility. These initiatives may support operational activities and manufacturing capabilities.
Shreedhar Spinners serves multiple textile end-use segments, including apparel, home textiles, furnishing fabrics, and industrial textiles. Its presence in the cotton-rich Vidarbha region, established customer relationships, and participation across various textile applications may support business development, subject to market conditions and industry dynamics.
KPI | Mar 31, 2026 |
ROE | 24.64% |
ROCE | 9.34% |
Debt/Equity | 3.89 |
RoNW | 20.74% |
PAT Margin | 4.22% |
EBITDA Margin | 12.04% |
Price to Book Value | 2.79 |
Registrar | Lead Manager(s) |
|---|---|
MUFG Intime India Pvt. Ltd. | Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. |
503, Matharu Arcade
Subhash Road,
Vile Parle East,
Mumbai, Maharashtra, 400057
Phone: +91 22 4515 8777
Email: company.sec@shreedhar.com
Website: https://shreedharspinners.com/
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your Shreedhar Spinners IPO allotment status.
Mr. Dharmendra Mohandas Goyal is the Managing Director of Shreedhar Spinners Ltd.
The Shreedhar Spinners IPO is scheduled to open for subscription on June 23, 2026, and close on June 25, 2026. Eligible investors can submit their applications during this period through the ASBA process or other authorised application channels.
Shreedhar Spinners Limited is engaged in the manufacturing of 100% compact spun cotton yarn used in knitting and weaving applications. The company supplies its products to textile manufacturers, exporters, traders, and fabric processors. Its business model is linked to the textile industry's demand for cotton yarn and is supported by its manufacturing facility, sourcing network, and customer relationships. Future business performance may be influenced by industry conditions, raw material availability, and market demand.
The Shreedhar Spinners IPO comprises an issue of 57,88,000 equity shares with an aggregate issue size of up to ₹30.68 crore. The issue is being offered through the book-building process and is proposed to be listed on the NSE SME platform.
The pre-apply facility allows investors to submit their IPO application before the public issue officially opens for subscription. Once the IPO opens, the application is processed according to the applicable procedures, subject to mandate authorisation and regulatory requirements.
The lot size for the Shreedhar Spinners IPO is 2,000 shares. Retail investors are required to apply for a minimum of two lots, which translates to 4,000 shares. The application amount will depend on the final bid price selected within the prescribed price band.
The tentative basis of allotment for the Shreedhar Spinners IPO is expected to be finalised on June 29, 2026. Following the allotment process, successful applicants will receive shares in their demat accounts as per the published schedule.
MUFG Intime India Private Limited has been appointed as the registrar to the Shreedhar Spinners IPO. The registrar is responsible for handling the application records, allotment process, and investor-related services associated with the public issue.
There are no publicly stated governance issues or red flags highlighted. Investors may review the offer documents, including sections on management, board composition, and risk factors, for detailed and verified disclosures.
Investors can apply for the IPO through the ASBA facility available via net banking or through a registered trading platform. The process generally involves selecting the IPO, entering the bid quantity and price, providing demat account details, authorising the payment mandate, and submitting the application before the issue closes.
Yes, a valid demat account is generally required to apply for the Shreedhar Spinners IPO. Shares allotted through the public issue are credited electronically to the applicant’s demat account after the allotment process is completed.
Investors can check the allotment status once the basis of allotment is finalised. The status is typically available through the registrar’s platform and other authorised channels. If shares are allotted, they will be credited to the investor’s demat account, while any unallotted amount will be released according to the applicable process.
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