Shreedhar Spinners IPO

About Shreedhar Spinners IPO

The public issue of the Shreedhar Spinners IPO, an SME IPO, opens on Tuesday, June 23, 2026 and closes on Thursday, June 25, 2026. The allotment of shares will take place on Monday, June 29, 2026. The credit of shares to the demat account will take place on Tuesday, June 30, 2026 . The initiation of refunds will take place on Tuesday, June 30, 2026. The listing of shares will take place on Wednesday, July 1, 2026.

The offer consists of a fresh issue component. The fresh issue will include 0.58 crore shares of ₹30.68 crores. The total number of shares and the aggregate amount are 57,88,000 shares aggregating up to ₹31 crores.

Shreedhar Spinners IPO’s price band is set at ₹51 to ₹53 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by a retail investor is ₹2,12,000 (4,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (6,000 shares), amounting to ₹3,18,000.

Shreedhar Spinners operates a fully integrated spinning facility that consolidates all essential stages of yarn production from raw cotton input to finished yarn within a single manufacturing unit. Their product portfolio is technically adaptable, allowing them to serve a wide range of applications across the textile sector. This range serves the needs of the knitting and weaving segments.

Objectives of Shreedhar Spinners IPO

• Funding incremental working capital requirements of the company.
  
• Purchase of machinery for the existing manufacturing facility at Amravati, Maharashtra.
  
• General corporate purposes.
  

Industry Outlook

The Indian Textile & Apparel industry has strengths across the entire value chain - from fibre to finished products. It is highly diversified with multiple sectors ranging from traditional handloom, handicrafts, wool, & silk products alongside the organized manufacturing sector. The organized sector is characterized by the use of capital-intensive technology for mass production. Key processes within the organized sector include spinning, weaving, processing, and apparel manufacturing.

About Shreedhar Spinners

Shreedhar Spinners is primarily engaged in the manufacturing of compact spun cotton yarn of various counts ranging from Ne 12s to Ne 32. Their manufacturing facility operates 24 hours per day to maximise output and ensure uninterrupted operations and usually operates for approximately 360 days a year.

They operate exclusively in the business-to-business (B2B) segment, supplying their products to buyers such as textile manufacturers, yarn exporters, traders and fabric processors. Their exclusive B2B focus allows them to streamline their production and supply chain processes around the needs of their buyers, ensuring consistent quality, delivery, and efficient order fulfilment.

Strengths of Shreedhar Spinners

• Long-term and expanding customer relationships across the textile industry.
• Fully integrated cotton spinning infrastructure with modern technologies to support their product portfolio.
• Experienced management team.
• Focus on maintaining the highest standards of quality and sustainability in their operations.
• Cost-effective production and timely fulfilment of orders.

Risks of Shreedhar Spinners

• Any adverse developments affecting their operations in Maharashtra, where they generate a substantial portion of revenue.
• Any disruption or cost increase in third-party transport logistics and storage providers.
• Seasonal volatility on account of the nature of the main raw material, i.e., raw cotton, as an agricultural commodity.
• Any change in government policies relating to the textile or cotton sector.
• Any disruption to their operations on account of an interruption in power supply or any irregular or significant hike in power tariffs.

Source: All the financial information for listed industry peers mentioned above is on standalone basis and is sourced from the filings made with Stock Exchanges available on NSE India’s website* Computed by dividing the closing market price on June 05, 2026on NSE by EPS. ** Closing price on June 05, 2026 at NSE and for the company it is considered as issue price.

Notes: i. P/E Ratio has been computed based on the issue price of equity shares divided by the Post-Issue Diluted EPS as on period ended March 31, 2026.

ii. Return on Net Worth (%) = Net profit after tax, as restated / Net worth as restated as at period/year end.

iii. NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.

Anchor Investor Bidding Date: Monday, June 22, 2026

The company, in consultation with the BRLM, may consider participation by Anchor Investors, in accordance with the SEBI ICDR Regulations. The Anchor Investor Bidding Date shall be one working day prior to the bid / issue opening date.

Registrar Details
MUFG Intime India Private Limited
Email: shreedharspinners.smeipo@in.mpms.mufg.com
Tel.: +91 810 811 4949

Book Running Lead Manager
Marwadi Chandarana Intermediaries Brokers Private Limited

Shreedhar Spinners Contact Details
503, Matharu Arcade, Subhash Road, Vile Parle East, Mumbai, Maharashtra, 400057 Email: company.sec@shreedhar.com
Phone: +91 22 4515 8777

Business Model

The company earns its revenue by manufacturing compact spun cotton yarn of various counts ranging from Ne 12s to Ne 32. They operate exclusively in the business-to-business (B2B) segment, supplying their products to buyers such as textile manufacturers, yarn exporters, traders and fabric processors.

Shreedhar Spinners Growth Trajectory

Shreedhar Spinners’ Total Income for FY26 was ₹146.549 crores, whereas in FY25 and FY24 it was ₹134.426 crores and ₹126.352 crores, respectively. (Restated Data)

The Profit After Tax for FY26 was ₹6.171 crores, whereas in FY25 and FY24 it was ₹3.415 crores and ₹3.352 crores, respectively.

Their EBITDA for FY26 was ₹17.616 crores, whereas in FY25 and FY24 it was ₹13.105 crores and ₹13.409 crores, respectively.

Shreedhar Spinners Market Position

As on March 31, 2026, the company has a customer base in over 7 states and union territory. During Fiscal 2026, Fiscal 2025 and Fiscal 2024, they served over 42, 36 and 33 customers. Of these, approximately 8 customers have been associated with them for more than 3 years.

As of 31 March 2026, the company’s Total Income, Profit After Tax, and EBITDA were ₹146.549 crores, ₹6.171 crores, and ₹17.616 crores, respectively.

How to apply for Shreedhar Spinners IPO?

• Step 1: Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details - Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification - Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.