Spinaroo Commercial Limited

Spinaroo Commercial Limited

SME BSE SME Fixed Price
Closed

Price Band

₹51

Total Issue

₹10.17 Cr

Bid Dates

28 Mar - 03 Apr

Subscription

-

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Spinaroo Commercial Limited is a manufacturer specializing in aluminum foil containers, home foil, and a wide range of eco-friendly paper products including cups, plates, and bowls. They also provide semi-processed materials for paper cup production such as coated, printed, and blanked paper. In addition, the company supplies advanced paper cup machinery—like high-speed cup making machines, flexo printers, and automatic die cutters—offering full end-to-end support for clients.

Lot Info

Lot Information for Spinaroo Commercial IPO
Category Lots Shares Amount
Individual (Min) 1 2,000 ₹1,02,000
Individual (Max) 1 2,000 ₹1,02,000
Others (Min) 2 4,000 ₹2,04,000
Market Maker
1,00,000
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹10.17 Cr
Fresh Issue
₹10.17 Cr (0.20 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹51
Est. Gain 0.00%

Spinaroo Commercial IPO Peer Comparison

There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Spinaroo Commercial IPO
Particulars Sep-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 21.02 40.84 53.13 47.44
Profit after Tax 0.61 1.40 0.93 0.52
Net Worth 6.64 6.03 4.63 3.70
Total Borrowing 7.43 7.52 8.43 8.99
Total Assets 21.94 19.05 19.48 17.82
NAV per share (in ₹) 13.29 12.06 9.26 7.40
EPS - Basic (in ₹) 1.23 2.80 1.86 1.04

KPIs

EBITDA

6.48%

PAT

3.40%

Debt to Equity

1.25

PE Ratio

3.64

PB Ratio

0.85

Mkt Cap (in Crs.)

35.67

RONW

23.23%

  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

8.72%

Public

91.28%

Amit Sultania 25.08%
Aditya Todi 16.36%
Mridula Todi 16.50%

Management

Aditya Todi MD
Amit Sultania CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on -

BSE SME Subscription Status for Spinaroo Commercial IPO
Category Sub (x) Offered Bids

Frequently Asked Questions

What is Spinaroo Commercial IPO?
Spinaroo Commercial IPO is a SME IPO having an issue size of ₹10.17 Crs. Spinaroo Commercial IPO is priced at ₹51 - ₹51 per share. The issue opens on 28 Mar 25 and closes on 03 Apr 25.
When will Spinaroo Commercial IPO open?
Spinaroo Commercial IPO opens on 28 Mar 25 and closes on 03 Apr 25.
What is the GMP of Spinaroo Commercial IPO?
The estimated Grey Market Premium of Spinaroo Commercial IPO is ₹0 per share (0.00%).
What is the lot size of Spinaroo Commercial IPO?
The minimum lot size of Spinaroo Commercial IPO is 2000 shares & the minimum application amount is Rs. 102000.
When is the allotment of Spinaroo Commercial IPO?
The allotment date of Spinaroo Commercial IPO is 04 Apr 25.
What is the listing date of Spinaroo Commercial IPO?
The listing date of Spinaroo Commercial IPO is 08 Apr 25.
What is the subscription of Spinaroo Commercial IPO?
Spinaroo Commercial IPO is subscribed -.
What is the price band of Spinaroo Commercial IPO?
Spinaroo Commercial IPO is priced at ₹51 - ₹51 per share.
How to check allotment status of Spinaroo Commercial IPO?
Click the allotment link on Spinaroo Commercial IPO page of IPO360.
How to apply Spinaroo Commercial IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Spinaroo Commercial IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Spinaroo Commercial IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Spinaroo Commercial IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date