Spinaroo Commercial Limited
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.
Price Band₹51 |
Dates28 Mar - 03 Apr |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹10.17 Crs |
Spinaroo Commercial IPO Objects
- To meet the Working Capital Requirements
- General Corporate Purposes
Spinaroo Commercial IPO Details
Price Band₹51 |
Listing AtBSE SME |
IPO Issue TypeFixed Price |
Fresh Issue₹10.17 Cr (0.20 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹10.17 Cr (0.20 Cr Shares) |
Face Value₹10 per equity share |
Spinaroo Commercial IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
2,000
1,02,000
Maximum
1
2,000
1,02,000
|
|||
| NII |
Minimum
2
4,000
2,04,000
|
|||
Spinaroo Commercial IPO Subscription
-
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| Total | - | 0 | 0 |
Spinaroo Commercial IPO GMP
The estimated Grey Market Premium of Spinaroo Commercial IPO is ₹0 per share (0.00%)
1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| Retail % | Not less than 50% of net offer |
| Others | Not more than 50% of net offer |
| Market Maker | 1,00,000 |
Spinaroo Commercial IPO Financials
| 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 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | KPI |
|---|---|
| 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.
Spinaroo Commercial IPO Peer Comparision
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 Peer Comparision
There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.
Promoter Details
| Name | Shareholding |
|---|---|
| Amit Sultania | 25.08% |
| Aditya Todi | 16.36% |
| Mridula Todi | 16.50% |
| Other Promoter | 8.72% |
Management Details
| Name | Designation |
|---|---|
| Aditya Todi | MD |
| Amit Sultania | CFO |
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
Book Running Lead Managers (BRLMs)
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Spinaroo Commercial IPO is a SME IPO having an issue size of Rs. ₹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.
Spinaroo Commercial IPO opens on 28 Mar 25 and closes on 03 Apr 25.
The estimated Grey Market Premium of Spinaroo Commercial IPO is ₹0 per share (0.00%).
The minimum lot size of Spinaroo Commercial IPO is 2000 shares & the minimum application amount is Rs. 102000.
The allotment date of Spinaroo Commercial IPO is 04 Apr 25.
The listing date of Spinaroo Commercial IPO is 08 Apr 25.
Spinaroo Commercial IPO is subscribed -.
Spinaroo Commercial IPO is priced at ₹51 - ₹51 per share.
Click the allotment link on Spinaroo Commercial IPO page of IPO360.
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