Shreedhar Spinners IPO
- Status: Upcoming
- NSE SME
- ₹ 204 / 4,000
shares
Minimum Investment
Shreedhar Spinners IPO Details
-
Open Date
23 Jun 2026
-
Close Date
25 Jun 2026
- IPO Price Range
₹ 51 to ₹53
- IPO Size
₹ 30.68 Cr
Shreedhar Spinners IPO Timeline
Last Updated: 19 June 2026 12:24 PM by 5paisa
Shreedhar Spinners Limited is engaged in the manufacturing of compact spun cotton yarn and operates primarily in the business-to-business (B2B) segment. The company manufactures cotton yarn of various counts ranging from Ne 12s to Ne 32 at its manufacturing facility located in Amravati, Maharashtra.
The facility has a production capacity of 5,500 MT of cotton yarn and operates with 18,240 spindles. Its yarn products cater to a wide range of end-use applications, including apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics and industrial fabrics.
The company supplies its products to textile manufacturers, yarn exporters, traders and fabric processors. Shreedhar Spinners has also obtained multiple industry certifications, including OEKO-TEX, GOTS, OCS and ISO certifications, supporting its quality and sustainability standards.
Established in: 2020
Managing Director: Mr. Dharmendra Mohandas Goyal
Peers:
AB Cotspin India Limited
Siddhi Cotspin Limited
Shreedhar Spinners Objectives
1. Funding capital expenditure requirements for the proposed expansion of manufacturing facilities through the establishment of Unit II.
2. Repayment and/or prepayment, in full or part, of certain outstanding borrowings availed by the company.
3. Funding working capital requirements.
4. General corporate purposes.
5. Meeting issue-related expenses.
Shreedhar Spinners Ltd IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹30.68Cr |
| Offer For Sale | - |
| Fresh Issue | ₹30.68Cr |
Shreedhar Spinners Ltd IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹2,04,000 |
| Retail (Max) | 2 | 4,000 | ₹2,12,000 |
| S - HNI (Min) | 3 | 6,000 | ₹3,06,000 |
| S - HNI (Max) | 9 | 18,000 | ₹9,54,000 |
| B - HNI (Min) | 10 | 20,000 | ₹10,20,000 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 20.24 | 126.14 | 134.27 |
| EBITDA | 1.51 | 13.41 | 13.11 |
| PAT | (1.43) | 3.35 | 3.42 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 76.34 | 83.94 | 98.44 |
| Share Capital | 15.00 | 15.00 | 15.00 |
| Total Liabilities | 76.34 | 83.94 | 98.44 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | (10.58) | 8.65 | 10.97 |
| Net Cash Generated From / (used in) Investing Activities | (44.07) | (1.30) | (8.33) |
| Net Cash Generated From / (used in) Financing Activities | (54.26) | (7.30) | (2.65) |
| Net Increase (Decrease) in Cash and Cash Equivalents | (0.92) | (6.01) | (39.03) |
Strengths
1. The company operates a modern cotton yarn manufacturing facility in Amravati, Maharashtra, with a production capacity of 5,500 MT and 18,240 spindles.
2. Shreedhar Spinners manufactures compact spun cotton yarn across various counts suitable for knitting and weaving applications, catering to diverse end-use segments such as apparel, denim, bed linen, terry towels, socks and industrial fabrics.
3. Its manufacturing facility is equipped with modern spinning technology and operates throughout the year, supporting consistent output and product quality.
4. The company has obtained multiple quality and sustainability certifications, including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, GOTS, OCS and OEKO-TEX certifications.
Weaknesses
1. The company generally conducts business through purchase orders and does not maintain long-term contracts with customers, creating uncertainty in future order flows and revenue visibility.
2. Revenue remains dependent on a relatively concentrated customer base, with top customers contributing a significant share of sales.
3. Raw cotton is the primary input material, and raw material costs account for a substantial portion of revenue, exposing profitability to fluctuations in cotton prices.
4. Procurement is concentrated among a limited number of suppliers, which may expose the company to supply disruptions or procurement-related risks.
Opportunities
1. Growing domestic and international demand for cotton yarn and textile products may create opportunities for increased production and sales volumes.
2. Rising demand for certified, sustainable and organic textile products can support growth through certifications such as GOTS, OCS and OEKO-TEX.
3. Expansion of manufacturing facilities and capacity enhancement initiatives can strengthen the company’s market position and improve economies of scale.
4. Government incentives available under Maharashtra’s textile policies and industrial promotion schemes may support future expansion and profitability.
Threats
1. Volatility in cotton prices can significantly impact production costs and profit margins.
2. Intense competition from organised and unorganised yarn manufacturers may affect pricing power and market share.
3. Dependence on a limited number of key customers could adversely impact revenue if major customers reduce procurement volumes.
4. Economic slowdowns, fluctuations in textile demand and changes in industry conditions may negatively affect the company’s business performance.
1. Established manufacturer of compact spun cotton yarn with a production capacity of 5,500 MT and 18,240 spindles.
2. Modern manufacturing facility strategically located near major cotton-growing regions of Maharashtra.
3. Strong quality and sustainability credentials supported by ISO, GOTS, OCS and OEKO-TEX certifications.
4. Potential to benefit from industry growth, textile demand expansion and government incentive schemes supporting textile manufacturing.
Shreedhar Spinners operates in India’s textile and cotton yarn manufacturing sector, supplying compact spun cotton yarn to textile manufacturers, exporters, traders and fabric processors through a business-to-business model. The company’s manufacturing facility in Amravati, Maharashtra, benefits from its proximity to major cotton-growing regions, supporting efficient raw material sourcing and reduced logistics costs.
India remains one of the world’s largest textile and apparel producers, supported by strong domestic consumption, export opportunities and government-led initiatives to strengthen textile manufacturing. Shreedhar Spinners is positioned to benefit from this environment through its diversified yarn offerings, modern production infrastructure and recognised quality certifications. With increasing demand for cotton-based products, rising preference for certified textile inputs and planned capacity expansion initiatives, the company may be well placed to strengthen its market presence and improve operational scale over the long term.
- Companies
- Type
- Opening On
-
Advit Jewels
- Mainboard
- 23rd Jun
- Pre-Book
-
CSM Technologies
- Mainboard
- 24th Jun
- Pre-Book
-
Waterways Leisure Tourism
- Mainboard
- 23rd Jun
- Pre-Book
FAQs
The Shreedhar Spinners Ltd IPO opens for subscription on 23 June 2026 and closes on 25 June 2026.
The IPO is a book-built issue aggregating up to ₹30.68 crore.
The price band for the Shreedhar Spinners Ltd IPO has been fixed at ₹51 to ₹53 per equity share.
To apply for Anubhav Plast IPO, follow the steps given below:
1. Login to your 5paisa demat account and select the issue in the current IPO section
2. Enter the number of lots and the price at which you wish to apply for the Anubhav Plast IPO
3. 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 lot size is 4,000 shares. However, retail investors must apply for a minimum of 2 lots, requiring a minimum investment of ₹2,04,000.
The basis of allotment for the Shreedhar Spinners Ltd IPO is expected to be finalised on 29 June 2026.
The shares of Shreedhar Spinners Ltd are proposed to be listed on the NSE SME (NSE Emerge) platform, with a tentative listing date of 1 July 2026.
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is the Book Running Lead Manager.
The company intends to utilise the net proceeds from the IPO for:
1. Funding incremental working capital requirements (₹21.04 crore)
2. Purchase of machinery for its existing manufacturing facility in Amravati, Maharashtra (₹4.95 crore)
3. General corporate purposes