Shreedhar Spinners Ltd. (NSE SME)

Shreedhar Spinners Limited is an enterprise engaged in the textile manufacturing sector, specifically focusing on the production and processing of high-quality yarns and cotton spinning threads. The company serves domestic textile manufacturers, weavers, and garment production chains.

Business Verticals

• Yarn & Cotton Spinning: Operating specialized spinning mills to process raw cotton fibers into uniform, high-grade industrial weaving yarn.

• Textile Trading & Supply: Bulk distribution of processed fibers and combed or carded yarn lines to commercial textile hubs.

Track Record

• Revenue Performance: Total income stood at ₹126.35 Cr in FY24, which grew to ₹134.43 Cr in FY25. For the 6-month period ending September 30, 2025, the company logged a stable ₹70.10 Cr.

• Profitability: Net profit (PAT) registered a sharp recovery from a loss of ₹(1.43) Cr in FY23 to a profit of ₹3.35 Cr in FY24, maintaining consistency at ₹3.42 Cr in FY25, and recording ₹3.04 Cr for the half-year ending September 2025.

• Operational Scale: Maintained healthy operational margins with an EBITDA of ₹13.11 Cr in FY25 and ₹7.85 Cr for the 6-month period ending September 2025.

Shreedhar Spinners Ltd IPO GMP

As of June 19, 2026, the Grey Market Premium (GMP) is currently ₹0.

Note: Because the official public subscription window opens next week on June 23, the initial grey market trading is starting flat.

Shreedhar Spinners Ltd IPO Allotment Status

The allotment is scheduled to be finalized on June 29, 2026.

Check Shreedhar Spinners Allotment Status

To check your status online, visit the official assigned registrar portal or look up updates through the official exchange interface.

You can verify your status via:

• Registrar's website (Intime India Private Limited)

• NSE official portal

• Using your PAN number, Application ID, or DP ID/Client ID

Strengths

• Topline Consistency: Demonstrates stable volume performance with total income tracking consistently above the ₹130 crore mark over recent fiscal years.

• Solid Turnaround Execution: Rebounded aggressively from a net loss in FY23 to establish sustainable multi-crore net profit margins in consecutive terms.

• Healthy Return Parameters: Holds a steady Return on Equity (ROE) and Return on Net Worth (RoNW) of 16.79% as of late 2025.

Weaknesses

• High Financial Leverage: Carries heavy outstanding credit lines with a high Debt-to-Equity ratio sitting at 3.21x as of September 2025.

• Raw Material Volatility: Profit margins remain heavily exposed to seasonal agro-commodity factors, raw cotton market prices, and crop yield constraints.

• Intense Competition: Operates inside a highly fragmented textile market populated by massive legacy mills and unorganized regional weaving units.

How the Company Will Use IPO Money

The fresh issue proceeds (₹30.68 Cr) will be utilized for:

• Working Capital Requirements: Funding raw cotton fiber inventory cycles and managing trade receivable credit lines for wholesale cloth merchants.

• General Corporate Purposes: General corporate administration, meeting statutory public listing expenses, and updating core factory machinery infrastructure.

Lead Manager & Registrar

• Lead Manager: Marwadi Chandarana Intermediaries Brokers Private Limited

• Registrar: MUFG Intime India Private Limited

• Market Maker: Mansi Share & Stock Broking Private Limited