How to Check Shreedhar Spinners IPO Allotment Status

Incorporated in December 2020, Shreedhar Spinners Limited is a cotton yarn manufacturing company engaged in the production of 100% compact spun cotton yarn with counts ranging from Ne 10s to Ne 40s. The company operates a modern spinning facility located in the Amravati Textile Park, Maharashtra, with an installed production capacity of 10,000 MT per annum and 28,608 spindles.

The company manufactures cotton yarn suitable for both knitting and weaving applications, catering to diverse end-use sectors such as apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics, and industrial textiles. Operating exclusively in the B2B segment, Shreedhar Spinners supplies its products to textile manufacturers, exporters, traders, and fabric processors, primarily across Maharashtra. It sources raw cotton from local ginners, traders, and the Cotton Corporation of India (CCI), and benefits from its strategic location in the cotton-rich Vidarbha region. As of April 30, 2026, the company employed 164 personnel.

Shreedhar Spinners IPO is a book build issue of ₹30.68 crore, entirely comprising a fresh issue of 0.58 crore shares aggregating to ₹30.68 crore. The IPO opened on June 23, 2026, and closed on June 25, 2026. The allotment is expected on Monday, June 29, 2026. The share price band was set at ₹51 to ₹53 per share.

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Steps to Check Shreedhar Spinners IPO Allotment Status on Registrar Site

• Visit the MUFG Intime India Pvt. Ltd.
• Select "Shreedhar Spinners" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Shreedhar Spinners IPO Allotment Status on NSE

• Navigate to the NSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Shreedhar Spinners" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Shreedhar Spinners IPO subscribed 6.70 times overall. Here is the category-wise breakdown as of 5:10:00 PM on June 25, 2026:

Shreedhar Spinners IPO Subscription Status

• QIB Category (Ex Anchor): 2.51 times
• Non-Institutional Investors (NII): 14.58 times
• Individual Investors: 5.71 times

Shreedhar Spinners IPO Share Price and Investment Details

The minimum investment required was ₹2,12,000 for 2 lots (4,000 shares) for individual investors. The issue raised ₹8.58 crore from anchor investors. The issue includes a reservation of up to 3,86,000 shares for the market maker, Mansi Share & Stock Broking Pvt. Ltd. The anchor investor lock-in period ends on July 29, 2026 for 50% of shares (30 days) and September 27, 2026 for the remaining shares (90 days). Given the overall subscription of 6.70 times with moderate institutional interest at 2.51 times, strong NII participation at 14.58 times, and healthy individual investor subscription at 5.71 times, the share price listing expectations remain positive.

Utilisation of IPO Proceeds

The proceeds will be utilised for funding incremental working capital requirements of the Company (₹21.04 crore), purchase of machineries into the existing manufacturing facility at Amravati, Maharashtra (₹4.95 crore), and general corporate purposes.

Business Overview

Shreedhar Spinners Limited is primarily engaged in the manufacturing of compact spun cotton yarn of various counts, with a major focus on the B2B segment. The company posted marginal growth in its top lines for the reported periods. The sudden boost in its bottom line for FY26 raises eyebrows and concern over sustainability going forward.

The company demonstrated financial performance with total income of ₹146.55 crore for FY2026 and a net worth of ₹29.76 crore as of March 31, 2026, with revenue growing 9% and PAT rising 81% year on year. The company benefits from manufacturer status of compact spun cotton yarn with a capacity of 10,000 MT per annum, modern spinning infrastructure with 28,608 spindles, strong and long-standing customer relationships, strategic location in the cotton-rich Vidarbha region, and ISO-certified quality, environmental, and safety management systems. However, investors should note the post-issue P/E ratio of 18.41 and Price to Book Value of 2.79.

Check the latest IPO allotment status to stay informed.