Spinaroo Commercial Limited IPO Details – Price, Date, GMP & Analysis
Spinaroo Commercial Limited IPO Overview
Key IPO Details
Investment Summary
The Spinaroo Commercial Limited IPO IPO is a sme offering scheduled to open on March 28. The issue is priced at ₹51 per share, with a minimum application of 2000 shares.
Status: Listed and trading
How to Apply for Spinaroo Commercial Limited IPO
To apply for the Spinaroo Commercial Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Spinaroo Commercial Limited IPO
- Enter bid quantity (minimum 2000 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before April 3
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹102,000(approx. based on lower price band)
Company Overview
Spinaroo Commercial Limited, incorporated on August 17, 2012, manufactures aluminum foil containers, home foil, paper cups, plates, bowls, and semi-processed materials for paper cups. They also provide machinery for paper cup production.
Grey Market Premium (GMP)
IPO Timeline
Open Date
Fri, Mar 28, 2025
CompletedClose Date
Thu, Apr 3, 2025
CompletedAllotment
Fri, Apr 4, 2025
CompletedRefund Process
Mon, Apr 7, 2025
CompletedCredit to Demat
Mon, Apr 7, 2025
CompletedListing Date
Tue, Apr 8, 2025
CompletedSubscription Status
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | Undersubscribed | |
| NII (Non-Institutional Investors/HNI) | 0.02x | Undersubscribed |
| RII (Retail Individual Investors) | 0.30x | Undersubscribed |
| Total Subscription | 0.16x | Undersubscribed |
Last updated: Invalid Date
IPO Details
Spinaroo Commercial 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 |
Spinaroo Commercial IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| 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%) |
Spinaroo Commercial IPO Timeline (Tentative Schedule)
| 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 |
Spinaroo Commercial 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 |
Spinaroo Commercial IPO Promoter Holding
| Share Holding Pre Issue | 66.67% |
| Share Holding Post Issue | 47.66% |
Spinaroo Commercial IPO Listing Details
| April 8, 2025 |
| 544392 |
| INE10XX01012 |
| ₹51 per share |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹51.00 |
| Open | ₹52.85 |
| Low | ₹52.60 |
| High | ₹55.00 |
| Last Trade | ₹54.44 |
Financial Information
Company FinancialsSpinaroo Commercial Limited Financial Information (Restated Standalone)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 21.94 | 19.05 | 19.48 | 17.82 |
| Revenue | 21.02 | 41.21 | 53.19 | 47.58 |
| Profit After Tax | 0.61 | 1.4 | 0.93 | 0.52 |
| Net Worth | 6.64 | 6.03 | 4.63 | 3.7 |
| Reserves and Surplus | 1.64 | 5.03 | 3.63 | 2.7 |
| Total Borrowing | 7.43 | 7.52 | 8.43 | 8.99 |
Key Dates
Spinaroo Commercial Limited IPO IPO Review & Analysis
Should I Apply for Spinaroo Commercial Limited IPO?
The Spinaroo Commercial Limited IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • SME listing provides credibility
- • Issue size of ₹10.17 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
Spinaroo Commercial Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Spinaroo Commercial Limited IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.