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Spinaroo Commercial Limited

  • Minimum Investment
    ₹1,02,000
  • Price Range
    ₹51 - ₹51
  • Issue Size
    ₹10.17 Cr
  • Lot Size
    2000 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

To meet working capital requirements

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Spinaroo Commercial Limited

Dual manufacturing plants

The company operates two manufacturing units within the same industrial complex, enabling efficient scaling, timely deliveries, and effective inventory management to meet peak demand

Dedicated R&D team

The company's R&D team drives innovation, enabling product expansion and process optimization. Their expertise has facilitated paper plate manufacturing and introduced diverse designs for paper cups and plates to meet evolving customer preferences

Quality assurance & standards

The company's ISO 9001:2015 certification reflects its commitment to quality. A dedicated quality control team ensures rigorous inspections and adherence to strict manufacturing standards from raw material procurement to final dispatch

Procurement & storage risks

The company primarily imports aluminum reels from Thailand, facing challenges in sourcing from China due to anti-dumping duties. Aluminum's high cost and susceptibility to oxidation limit storage, impacting the sales of aluminum products in the past two years

Demand fluctuations

Shifts in consumer preferences, regulations, and technology may make certain products obsolete. Staying competitive requires timely innovation and compliance. Failure to adapt or gain market acceptance for new products could negatively impact operations

Geographically concentrated

The company's manufacturing facility in West Bengal is exposed to risks from social unrest, conflicts, economic changes, and natural disasters, potentially affecting operations

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Spinaroo Commercial Limited

Spinaroo Commercial Ltd. was incorporated on August 17, 2012. The company manufactures aluminum foil containers, home foil, paper cups, plates, bowls, and semi-processed materials for paper cups. It also supplies paper cup machinery with end-to-end support.
  • Promoter
    Amit Sultania
  • Promoter
    Aditya Todi
  • Promoter
    Mridula Todi

Spinaroo Commercial Limited IPO FAQs

What is Spinaroo Commercial Limited IPO?

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Spinaroo Commercial Limited IPO refers to the initial public offering of shares by Spinaroo Commercial Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Spinaroo Commercial Limited IPO?

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For Spinaroo Commercial Limited IPO the issue size is ₹10 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Spinaroo Commercial Limited IPO?

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For Spinaroo Commercial Limited IPO the minimum investment is ₹1,02,000. The minimum investment for Spinaroo Commercial Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Spinaroo Commercial Limited IPO?

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For Spinaroo Commercial Limited IPO the lot size is 2000 shares. The lot size of Spinaroo Commercial Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Spinaroo Commercial Limited IPO on Share.Market?

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To apply for Spinaroo Commercial Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Spinaroo Commercial Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Spinaroo Commercial Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Spinaroo Commercial Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Spinaroo Commercial Limited IPO?

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For Spinaroo Commercial Limited IPO the allotment date is April 4, 2025. The allotment date of Spinaroo Commercial Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Spinaroo Commercial Limited IPO?

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For Spinaroo Commercial Limited IPO, the subscription opens on March 28, 2025 and closes on April 3, 2025. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
1.57x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
1.57x Oversubscribed
Trade