Shreedhar Spinners IPO Review 2026: Price Band, GMP, Listing Dates & Allotment

23 Jun 2026
Upcomming IPOs
Shreedhar Spinners IPO Review 2026: Price Band, GMP, Listing Dates & Allotment

Shreedhar Spinners Limited is launching its NSE SME IPO through a book-built issue aggregating up to ₹30.68 crore. The company is engaged in manufacturing 100% compact spun cotton yarn used across knitting, weaving, apparel, home textiles and industrial textile applications.

The company operates a modern spinning facility at Amravati Textile Park, Maharashtra, with an installed capacity of 10,000 MT per annum and 28,608 spindles. Shreedhar Spinners benefits from its strategic presence in the cotton-rich Vidarbha region, ensuring efficient raw material sourcing and supply chain advantages.

Shreedhar Spinners IPO Snapshot

ParticularsDetails
IPO Opening DateJune 23, 2026
IPO Closing DateJune 25, 2026
Listing DateJuly 1, 2026 (Tentative)
Issue TypeBook Built Issue
Price Band₹51 to ₹53 per share
Face Value₹10 per share
Lot Size2,000 Shares
Listing ExchangeNSE SME
Total Issue Size57,88,000 Shares (₹30.68 Crore)
Fresh Issue57,88,000 Shares (₹30.68 Crore)
Market Maker Portion3,86,000 Shares
RegistrarMUFG Intime India Pvt. Ltd.
Lead ManagerMarwadi Chandarana Intermediaries Brokers Pvt. Ltd.

Refer to RHP for detailed information.

Important IPO Dates

EventDate
IPO OpensJune 23, 2026
IPO ClosesJune 25, 2026
Basis of AllotmentJune 29, 2026
Refund InitiationJune 30, 2026
Credit of SharesJune 30, 2026
Listing DateJuly 1, 2026

About Shreedhar Spinners Limited

Incorporated in December 2020, Shreedhar Spinners Limited is engaged in the manufacturing of 100% compact spun cotton yarn with counts ranging from Ne 10s to Ne 40s. The company caters to textile manufacturers, exporters, traders and fabric processors operating across various textile segments.

The company's products are used in knitting and weaving applications and find usage in apparel, denim, shirting, bed linen, terry towels, sweaters, socks, furnishing fabrics and industrial textile products.

Shreedhar Spinners operates a modern spinning facility located at Amravati Textile Park in Maharashtra with an installed capacity of 10,000 metric tonnes per annum and 28,608 spindles.

The company procures raw cotton from local traders, ginners and the Cotton Corporation of India (CCI), benefiting from its presence in the Vidarbha region, one of India's key cotton-producing belts.

As of April 30, 2026, the company had 164 employees across production, quality control, engineering, administration and management functions.

Competitive Strengths

  • Manufacturing capacity of 10,000 MT per annum.
  • Modern spinning infrastructure with 28,608 spindles.
  • Strong customer relationships within the textile ecosystem.
  • Strategic location in cotton-rich Vidarbha region.
  • ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certifications.
  • Dedicated in-house quality control and contamination management systems.
  • Cost-efficient manufacturing operations.
  • Timely order execution supported by integrated spinning facilities.

Industry Outlook

India is one of the world's largest cotton producers and textile exporters. Growing demand from apparel, home textiles and technical textiles is expected to support long-term demand for quality cotton yarn manufacturers. Companies with modern facilities, efficient sourcing capabilities and strong customer relationships may benefit from increasing domestic and export opportunities.

Shreedhar Spinners IPO Strengths

  • Focused business model in compact cotton yarn manufacturing.
  • Modern production infrastructure and scalable operations.
  • Strategic raw material sourcing advantage.
  • Experienced promoter group with over two decades of industry experience.
  • Strong quality management systems and certifications.

Risk Factors

  • Business performance is dependent on cotton price fluctuations.
  • Revenue concentration within the textile industry.
  • Highly competitive yarn manufacturing segment.
  • Exposure to cyclical demand trends in domestic and export textile markets.
  • Raw material availability and margin volatility may impact profitability.

IPO Allotment & Application Status

Registrar: MUFG Intime India Pvt.Ltd.

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Frequently Asked Questions (FAQs) - Shreedhar Spinners IPO

What are the IPO dates for Shreedhar Spinners IPO?

Shreedhar Spinners IPO opened on June 23, 2026 and closes on June 25, 2026.

What is the price band of Shreedhar Spinners IPO?

The IPO price band is fixed at ₹51 to ₹53 per equity share.

What is the lot size of Shreedhar Spinners IPO?

The minimum application lot size is 2,000 shares. At the upper price band, the minimum retail investment is ₹2,12,000.

When is the allotment date of Shreedhar Spinners IPO?

The basis of allotment is expected to be finalized on June 29, 2026.

When will Shreedhar Spinners IPO be listed?

The shares are proposed to be listed on NSE SME on July 1, 2026, subject to regulatory approvals.

What does Shreedhar Spinners Limited do?

The company manufactures 100% compact spun cotton yarn used in knitting, weaving, apparel, home textiles, denim and industrial textile applications.

What is the total size of Shreedhar Spinners IPO?

The IPO size is ₹30.68 crore comprising a fresh issue of 57,88,000 equity shares.

Where is the manufacturing facility of Shreedhar Spinners located?

The company operates its manufacturing facility at Amravati Textile Park in Maharashtra.

Who are the lead manager and registrar of the IPO?

Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is the lead manager, while MUFG Intime India Pvt. Ltd. is the registrar to the issue.

Is Shreedhar Spinners IPO a mainboard or SME IPO?

Shreedhar Spinners IPO is an NSE SME IPO.

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Disclaimer: - Investments in IPOs are subject to market risks. Investors should read the Red Herring Prospectus carefully and consult their financial advisor before investing. https://www.mnclgroup.com/research-disclaimer

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    Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L64990GJ1993PLC120014

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    Principal Place of Business:301-302, 3rd Floor, Arunachal Building, Barakhamba Road, New Delhi - 110001
    Registered Office Address:Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gujarat, India, 382050
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    Principal Place of Business:4th FLoor, B Wing, Laxmi Tower, Bandra Kurla Complex, Bandra East, Mumbai-400051
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    Registered Address

    Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382050, Gujarat

    Corporate Address

    Ahmedabad

    “Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad – 380009

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    Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.

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