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Shreedhar Spinners Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Shreedhar Spinners Ltd IPO

Registered Office: 503 Matharu Arcade Subhash Rd,Vile Parle East , Mumbai - 400057 , Maharashtra , India.
Phone : +91 22 4515 8777   Fax:
Email :  company.sec@shreedhar.com  
Website :  www.shreedharspinners.com
Initial public offer of upto 57,88,000^ equity shares of face value of (Rs)10/- each ("Equity Shares") of Shreedhar Spinners Limited ("the Company" or "the Issuer") at an issue price of (Rs)51-53 per equity share (including a share premium of 41-43 per equity share) for cash, aggregating up to (Rs)29.52-30.68 Crores ("Public Issue") out of which 3,86,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)51-53 per equity share for cash, aggregating (Rs)1.97-2.05 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 54,02,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)51-53 per equity share for cash, aggregating up to (Rs)27.55-28.63 Crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 27.00% and 25.20% respectively of the post-issue paid- up equity share capital of the company. Price Band: (Rs)51/- to (Rs)53/- per equity share of face value of (Rs)10 each. The floor price is 5.10 times the face value and cap price is 5.30 times of the face value of the equity shares. Bids can be made for a minimum of two lots and further in multiples of 2000 equity shares thereafter. ^Subject to finalisation of basis of allotment.

Issue Money Payable On
Opens On Closes On Application Allotment
23-Jun-26 25-Jun-26 (Rs)51.00-53.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Marwadi Chandarana Intermediaries Brokers Pvt Ltd
Project Financed through Current Offer 29.52  
Post Issue Equity Share Capital 21.44  
Issue Price (Rs)51.00  
 
Projects
Funding incremental working capital requirements of the CompanyGeneral corporate purposes
Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra
Promoted By
Shreedhar Cotsyn Private Limit  
Dharmendra Mohandas Goyal  
Vishal Agarwal  
Listing At
NSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd