Spinaroo Commercial IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Mar 28 to Apr 03 2025
Price Band
₹51
Current GMP
₹52.85 (03.63%)
Subscription
0
IPO Details
| IPO Date | March 28, 2025 to April 3, 2025 |
| Listing Date | April 8, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹51 per share |
| Lot Size | 2,000 Shares |
| Total Issue Size | 19,94,000 shares (aggregating up to ₹10.17 Cr) |
| Fresh Issue | 19,94,000 shares (aggregating up to ₹10.17 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 50,00,000 shares |
| Share Holding Post Issue | 69,94,000 shares |
| Market Maker Portion | 1,00,000 sharesBlack Fox Financial Private Limited |
IPO Date
March 28, 2025 to April 3, 2025
Listing Date
April 8, 2025
Face Value
₹10 per share
Issue Price
₹51 per share
Lot Size
2,000 Shares
Total Issue Size
19,94,000 shares (aggregating up to ₹10.17 Cr)
Fresh Issue
19,94,000 shares (aggregating up to ₹10.17 Cr)
Issue Type
Fixed Price IPO
Listing At
BSE SME
Share Holding Pre Issue
50,00,000 shares
Share Holding Post Issue
69,94,000 shares
Market Maker Portion
1,00,000 sharesBlack Fox Financial Private Limited
IPO Important Dates
| IPO Open Date | Fri, Mar 28, 2025 |
| IPO Close Date | Thu, Apr 3, 2025 |
| Tentative Allotment | Fri, Apr 4, 2025 |
| Initiation of Refunds | Mon, Apr 7, 2025 |
| Credit of Shares to Demat | Mon, Apr 7, 2025 |
| Tentative Listing Date | Tue, Apr 8, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 3, 2025 |
IPO Open Date
Fri, Mar 28, 2025
IPO Close Date
Thu, Apr 3, 2025
Tentative Allotment
Fri, Apr 4, 2025
Initiation of Refunds
Mon, Apr 7, 2025
Credit of Shares to Demat
Mon, Apr 7, 2025
Tentative Listing Date
Tue, Apr 8, 2025
Cut-off time for UPI mandate confirmation
5 PM on April 3, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,02,000 |
| Retail (Max) | 1 | 2000 | ₹1,02,000 |
| HNI (Min) | 2 | 4,000 | ₹2,04,000 |
ApplicationRetail (Min)
Lots1
Shares2000
Amount₹1,02,000
ApplicationRetail (Max)
Lots1
Shares2000
Amount₹1,02,000
ApplicationHNI (Min)
Lots2
Shares4,000
Amount₹2,04,000
Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 21.94 | 19.05 | 19.48 |
| Revenue | 21.02 | 41.21 | 53.19 |
| Profit After Tax | 0.61 | 1.4 | 0.93 |
| Net Worth | 6.64 | 6.03 | 4.63 |
| Reserves and Surplus | 1.64 | 5.03 | 3.63 |
| Total Borrowing | 7.43 | 7.52 | 8.43 |
Period EndedPeriod Ended
30 Sep 202430 Sep 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Sep 202421.94
31 Mar 202419.05
31 Mar 202319.48
Period EndedRevenue
30 Sep 202421.02
31 Mar 202441.21
31 Mar 202353.19
Period EndedProfit After Tax
30 Sep 20240.61
31 Mar 20241.4
31 Mar 20230.93
Period EndedNet Worth
30 Sep 20246.64
31 Mar 20246.03
31 Mar 20234.63
Period EndedReserves and Surplus
30 Sep 20241.64
31 Mar 20245.03
31 Mar 20233.63
Period EndedTotal Borrowing
30 Sep 20247.43
31 Mar 20247.52
31 Mar 20238.43
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 1,00,000 (5.02%) |
| Other Shares Offered | 9,47,000 (47.49%) |
| Retail Shares Offered | 9,47,000 (47.49%) |
| Total Shares Offered | 19,94,001 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
1,00,000 (5.02%)
Other Shares Offered
9,47,000 (47.49%)
Retail Shares Offered
9,47,000 (47.49%)
Total Shares Offered
19,94,001 (100%)
Information about company
Incorporated in August 17, 2012, Spinaroo Commercial Limited is engaged in the manufacturing of aluminum foil containers, aluminum home foil, paper cups, paper plates, paper bowls, and semi-processed materials for paper cups, including paper coating, printing, and blanking.
They also offer a range of paper cup-related machinery, such as high-speed paper cup-making machines, flexo printing machines, and automatic roll die-cutting machines, providing comprehensive end-to-end support.
The company offers a wide range of high-quality products made from superior raw materials. These are manufactured under expert guidance, ensuring exceptional performance, competitive pricing, and timely delivery to meet client specifications.
Business Segment:
Manufacturing: The company manufactures aluminum home foils, containers, and paper products like cups, plates, and bowls using high-quality, food-grade materials. It also sells semi-finished raw materials after processing and modification.
Trading: The company manufactures aluminum foils, containers, and paper products using high-quality, food-grade materials. It also sells semi-finished raw materials for paper cups, plates, and bowls after processing and modification.
Job Work: The company provides specialized job work services, including processing, shaping, and printing on paper products. It also offers coating services using food-grade materials, tailored to customer specifications and needs.
As on October 31, 2024, the company has 35 employees.
Competitive Strengths:
Strategic Advantage of Dual Manufacturing Units within the Same Industrial Complex
Expertise-Driven Leadership with a Vision for Growth
Innovation and Efficiency through a Dedicated R&D Team
Commitment to Quality Assurance and Standards.
Establishing long-term client relationships and driving repeat business
Backward Integration
Objectives of IPO
The Company Spinaroo Commercial IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (in Millions)
1
Working Capital Requirements
71.28
2
General Corporate Expenses
20
Disclaimer
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