The ₹30.68 crore IPO of Shreedhar Spinners Ltd. closed on Jun 25, 2026, booked 6.70 times subscription on the last day. The company has received bids for 2.54 crore shares against the 0.38 crore shares offered.
Shreedhar Spinners IPO Subscription Snapshot
The Retail Investors category subscribed 5.71 times, Non-Institutional Investors (NIIs) subscribed 14.58 times and Qualified Institutional Buyers (QIBs) booked 2.51 times subscription. In the NII category, small NIIs who bid for up to ₹10 Lakhs subscribed 7.86 times, while big NIIs who bid above ₹10 Lakhs subscribed 17.94 times.
About The IPO
The issue comprised entirely of Fresh Issue of 57,88,000 shares valued at ₹30.68 crore.
The allotment is likely to be finalized on Jun 29, 2026 and the shares are proposed to be listed on the NSE SME with tentative listing date on Jul 1, 2026.
The issue is managed by Marwadi Chandarana Intermediaries Brokers Pvt.Ltd., serving as the Book-Running Lead Manager, and MUFG Intime India Pvt.Ltd., acting as the Registrar for the offering.
