Spinaroo Commercial Ltd. IPO

Min Investment
₹ 1,02,000 / 2000 shares
Price Range
₹51
Bidding Dates
28 Mar '25 - 3 Apr '25
Total Issue Value
10.17 Cr
Lot Size
2,000
Total Issue Size
10.17 Cr
Listing At
BSE SME
Subscription
1.48 times

IPO Timeline

  • 28 Mar 2025
    Bidding Starts
  • 3 Apr 2025
    Bidding Ends
  • 4 Apr 2025
    Allotment Finalization
  • 8 Apr 2025
    Listing

About Spinaroo Commercial Ltd.

Our Company is engaged in manufacturing of Aluminium Foil Container, Aluminium Home Foil, Paper Cups, Paper Plates, Paper Bowls, Semi Processed Material for Paper Cups viz. paper coating, printing, blanking etc. Wealso deal in wide range of Paper Cup related Machinery like High-Speed Paper Cup ... Read more

Parent organisation
Founded
Spinaroo Commercial Ltd.
2012

Spinaroo Commercial Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 1,00,000 (5.02%)
Non Institutional Investors 9,46,000 (47.44%)
Retail Individual Investors (RIIs) 9,48,000 (47.54%)

Spinaroo Commercial Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 39.34 Cr 1.44 Cr 2.47 Cr
31 Mar 2024 41.21 Cr 1.40 Cr 5.03 Cr
31 Mar 2023 53.19 Cr 93.06 Lakh 3.63 Cr

Spinaroo Commercial Ltd. Background

Our company was originally incorporated as a Private Limited Company under the name “Spinaroo Commercial Private Limited” on August 17, 2012, in accordance with the Companies Act, 1956. We received a fresh certificate of incorporation, bearing the corporate identification number ...

Read more

Major Events And Milestones
  • 2012
    Company incorporated as a Private Limited Company in the name of “Spinaroo Commercial Private Limited”
  • 2014
    Establishment of the manufacturing facility in Jalan Industrial Complex Gate-1, Right Lane-6, P.O. Jangalpur, Begri Gram Panchayat, Howrah- 711 411, West Bengal, India
  • 2018
    Establishment of the manufacturing facility in Jalan Industrial Complex Gate-1, Right Lane-3, P.O. Jangalpur, Begri Gram Panchayat, Howrah- 711 411, West Bengal, India
  • 2021
    Received Quality Management System certificate – ISO 9001:2015
  • 2024
    Company converted from Private Limited Company to Public Limited Company i.e., “Spinaroo Commercial Limited”
Spinaroo Commercial Ltd. Object of Issues

1. Working Capital Requirement
2. General Corporate Expenses

Spinaroo Commercial Ltd. IPO Listing Details
Listing Date
8 Apr 2025
BSE Script Code
544392
ISIN
INE10XX01012
Final Issue Price
₹ 51
Spinaroo Commercial Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 51.00 -
Open ₹ 52.85 -
Low ₹ 52.60 -
High ₹ 55.00 -
Last Trade ₹ 54.44 -
Spinaroo Commercial Ltd. Company Promoters

1. Mr. Amit Sultania
2. Mr. Aditya Todi
3. Mrs. Mridula Todi

Industry Overview

The India paper cups market size reached 22.7 billion Units in 2023. The market is projected to reach 28.7 billion Units by 2032, exhibiting a growth rate (CAGR) of 2.64% during 2023-2032. The rising application in social andpublic gatherings, increasing demand for cost-effective and sustainable ... Read more

Spinaroo Commercial Ltd. IPO Registrar
Cameo Corporate Services Ltd.
"Subramanian Building", #1, Club House Road, Chennai (Madras) Tamil Nadu - 600002
40020700, 28460390
Spinaroo Commercial Ltd. IPO Lead Manager(s)
Finshore Management Services Ltd.
Anandlok, Block-A, 2nd Floor, Room No. 207, 227 A.J.C. Bose Road, Kolkata West Bengal - 700020
22895101

FAQs

When does Spinaroo Commercial Ltd. IPO opens and closes?

Spinaroo Commercial Ltd. IPO opens from 28th March to 3rd April 2025.

What is the size of Spinaroo Commercial Ltd. IPO?

The size of the Spinaroo Commercial Ltd. IPO is ₹10.17 Cr.

What is the minimum investment and lot size required for the Spinaroo Commercial Ltd. IPO?

The minimum investment required is ₹1,02,000 and minimum lot size is 2000 shares.

When is Spinaroo Commercial Ltd. IPO listing date?

The Spinaroo Commercial Ltd. IPO will be listed on 8th April 2025.

What is the objective of Spinaroo Commercial Ltd. IPO?

1. Working Capital Requirement
2. General Corporate Expenses

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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