Spinaroo Commercial Ltd
Price Range
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Min. Quantity
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Closes on
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Min. investment
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Spinaroo Commercial Ltd IPO Timeline
Spinaroo Commercial Limited was originally incorporated as a Private Limited Company under the name 'Spinaroo Commercial Private Limited' on August 17, 2012 in West Bengal. Subsequently, Company converted into a Public Limited Company, resulting in a name change to 'Spinaroo Commercial Limited'. This alteration was formally recorded in a new Certificate of Incorporation dated August 22, 2024, issued by the Registrar of Companies, Central Processing Centre.
| Event | Date |
|---|---|
| Spinaroo Commercial Ltd IPO Opening Date | 28 March 2025 |
| Spinaroo Commercial Ltd IPO Closing Date | 3 April 2025 |
| Basis of Allotment | 4 April 2025 |
| Initiation of Refunds | 7 April 2025 |
| Credit of Shares to Demat | 7 April 2025 |
| Spinaroo Commercial Ltd IPO Listing Date | 8 April 2025 |
Spinaroo Commercial Ltd IPO Details
| Spinaroo Commercial Ltd IPO Date | - |
| Spinaroo Commercial Ltd IPO Face Value | ₹ per share |
| Spinaroo Commercial Ltd IPO Price | ₹ to ₹ per share |
| Spinaroo Commercial Ltd IPO Lot Size | Invalid Number |
| Issue Size | Shares of ₹ (aggregating up to ₹Invalid Number Cr) |
| Fresh Issue | Shares of ₹ (aggregating up to ₹ Cr) |
| Offer for Sale | - |
| Issue Type | |
| Listing At | |
| QIB Shares Offered | - |
| Retail Shares Offered | Not less than 9,48,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 9,46,000 of the Net Offer |
| Company Promoters | Amit Sultania, Aditya Todi, Mridula Todi |
Spinaroo Commercial Ltd IPO Lot Size
The Spinaroo Commercial Ltd IPO lot size is Invalid Number shares. A retail-individual investor can apply for up to NaN lots (NaN shares or ₹NaN).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | - | - |
| Maximum | - | - | - |
- Strengths
- Risks
- Opportunities
- Established and proven track record.
- Leveraging the experience of its Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with its customers.
- Quality Assurance & Control.
Company Financials
Spinaroo Commercial Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 19.05 | 41.21 | 1.40 |
| 03-2023 | 19.48 | 53.19 | 0.93 |
| 03-2022 | 17.82 | 47.58 | 0.52 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Working Capital Requirements
- General Corporate Purposes
Spinaroo Commercial Ltd IPO Promoter Holding
| Pre Issue Share Holding | 25.08% |
| Post Issue Share Holding | 17.93% |
Spinaroo Commercial Ltd IPO Subscription Status (Bidding Detail)
The Spinaroo Commercial Ltd IPO is subscribed 1.4935 times on NaN Invalid undefined 05:00:00 PM. The public issue subscribed 1.2025 times in the retail category, 0 times in the QIB category, and 1.9429 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | 1.9429 | 1.2025 | - | 1.4935 |
Spinaroo Commercial Ltd IPO Prospectus
Spinaroo Commercial Ltd IPO Listing Date
| Listing Date | 8 April 2025 |
| BSE Script | 544392 |
| NSE Symbol | - |
| Listing In | - |
| ISIN | INE10XX01012 |
| IPO Price | ₹51 |
| Face Value | ₹10 |
Company Contact Information
Jalan Ind.Complex Gate-1 RightLane-6 P.O. Jangalpur Begri,Howrah-711411
Phone: +91 96747 03249
Email: compliance@spino.co.in
Website: www.spino.co.in
Spinaroo Commercial Ltd IPO Registrar
Spinaroo Commercial Ltd IPO Lead Manager(s)
- Finshore Management Services Ltd
FAQ
What is the issue size of Spinaroo Commercial Ltd IPO?
I have pre-applied for Spinaroo Commercial Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.