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Spinaroo Commercial IPO
1.18xsubscribed

Spinaroo Commercial IPO

Paper & Paper Products
listed
₹1.02LMin. investment

Spinaroo Commercial Limited IPO Details

SectorPaper & Paper Products
Price range₹51.00 – ₹51.00
IPO type
SME
Lot size2000 shares
Issue size₹10Cr
Red Herring Prospectus
Read
Market cap
₹35.67CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹40.83CrLower than sector avg
Growth rate3Y CAGR
-4.88%Lower than sector avg

Spinaroo Commercial IPO Subscription Status

Date
QIB
NII
Retail
Total
28-Mar-25
0.0 times (X)
0.02 times (X)
0.3 times (X)
0.16 times (X)
31-Mar-25
0.0X
0.02X
0.31X
0.16X
01-Apr-25
0.0X
0.03X
0.34X
0.19X
02-Apr-25
0.0X
0.16X
0.6X
0.38X
03-Apr-25
0.0X
1.19X
1.16X
1.18X

As on 28-Mar-25, 5:30 PM

Spinaroo Commercial IPO Timeline

  1. Pre-apply
    26 Mar 2025
  2. Bid start
    28 Mar 2025
  3. Bid end
    3 Apr 2025
  4. Allotment
    4 Apr 2025
  5. Release of funds
    7 Apr 2025
  6. Demat transfer
    7 Apr 2025
  7. Listing
    8 Apr 2025

About Spinaroo Commercial Limited

Spinaroo Commercial Limited manufactures products like Aluminium Foil Containers, Paper Cups, and related machinery. With facilities in the Jalan Industrial Complex, it offers high-quality, cost-efficient production, including coating, laminating, and printing services. ISO 9001:2015 certified, Spinaroo ensures superior raw materials and reliable products. Serving clients in 12 Indian states and expanding globally, including Bhutan, the company focuses on fast, cost-effective services and aims for further international growth.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Spinaroo Commercial Limited IPO

Working capital requirements
70.00%
The company will allocate ₹7.12 Cr for its own working capital needs.
General corporate purposes
19.66%
The company will spend ₹2 Cr towards its general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹40.83Cr-4.88%₹1.4Cr₹35.67Cr18.211.25
This sector (avg.)₹486.02Cr0.02%-₹18.99Cr₹455.32Cr21.590.89
₹6,718.07Cr---₹411.98Cr₹5,538.61Cr18.600.35
₹4,062.29Cr---₹335.64Cr₹2,648.23Cr14.700.13
₹0----₹0.19Cr₹2,155.93Cr109.865.95

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Spinaroo Commercial IPO Contact Details

Company NameSpinaroo Commercial Limited

How to apply for Spinaroo Commercial IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Spinaroo Commercial Limited IPO FAQs