Spinaroo Commercial Limited
Spinaroo Commercial Limited
SME BSE SME Fixed Price
Closed

Price Band

₹51

Total Issue

₹10 Cr

Bid Dates

28 Mar - 03 Apr

Subscription

0.00x

Listing Price

₹54 (5.88%)

Website RHP Check Allotment

Valuation

Market Cap

₹35.67 Cr

P/E Ratio

3.64x

P/B Ratio

0.85x

Spinaroo Commercial IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Conflicting IPOs

IPOs with overlapping timeline

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.

Lots & IPO Size

Spinaroo Commercial IPO Lot Size

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

Spinaroo Commercial IPO Size

Total ₹10 Cr
Fresh Issue
₹10 Cr (0.20 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. To meet the Working Capital Requirements
  2. General Corporate Purposes

Spinaroo Commercial IPO Live Subscription

Updated as on -

Spinaroo Commercial IPO Subscription Status
Category Sub (x) Offered Bids
Retail 0.00x 9,46,000 0
Others 0.00x 9,46,000 0
Total 0.00x 18,92,000 0

Spinaroo Commercial IPO Details Live GMP

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.

Spinaroo Commercial IPO 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

Key Performance Indicators (KPIs)

EBITDA

6.48%

PAT

3.40%

Debt to Equity

1.25

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.

Promoter Holding

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)

Company Details

Name : Spinaroo Commercial Limited

Address : Jalan Industrial Complex Gate-1, Right Lane-6, P.O. Jangalpur, Begri Gram Panchayat, Howrah- 711 411, West Bengal, India

Number : +91 96747 03249

Email : compliance@spino.co.in

Website : www.spino.co.in

Frequently Asked Questions (FAQs)

What is Spinaroo Commercial IPO?
Spinaroo Commercial IPO is a SME IPO having an issue size of ₹10 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

Delete Comment?

Are you sure you want to delete this comment? This action cannot be undone.

Discussion

No comments yet. Be the first to share your thoughts!