Spinaroo Commercial Limited IPO

BSE SME

Listed On: Apr 8, 2025 at ₹ 52.85

₹ 102000 /2000 Shares

Check Allotment

Spinaroo Commercial IPO Details

28 Mar, 2025

Open Date

03 Apr, 2025

Close Date

04 Apr, 2025

Allotment Date

08 Apr, 2025

Listing Date

Issue Price

₹51 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Cameo Corporate Services Limited

List Price

52.85

Listing Date

2025-04-08

Market Lot

2000 Shares (₹102,000/-)

Lead Manager

Finshore Management Services Limited

Issue Size

19,94,000 shares(aggregating up to ₹10.17 Cr)

Retail Portion

50%

Subscription

1.57 times

IPO Docs

DRHP RHP

The IPO of Spinaroo Commercial is priced at ₹51 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Cameo Corporate Services Limited is the registrar of the issue.

Spinaroo Commercial IPO bid opening date is from Mar 28, 2025 and the bid closing date was Apr 3, 2025.
Spinaroo Commercial IPO allotment result will be available on Apr 4, 2025. The tentative listing date for Spinaroo Commercial is Apr 8, 2025.

The total issue size is 19,94,000 shares(aggregating up to ₹10.17 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	9,47,000	9,47,000	18,94,000
Day 1 - 28-03-25 06:00 PM	0.02 x	0.30 x	0.16 x
Day 2 - 01-04-25 06:00 PM	0.02 x	0.34 x	0.18 x
Day 3 - 02-04-25 06:00 PM	0.02 x	0.60 x	0.31 x
Day 4 - 03-04-25 06:00 PM	1.94 x	1.20 x	1.57 x

Total No. of Applications: 710 (Approx)

Spinaroo Commercial Valuations

EPS Pre IPO

₹2.80/-

EPS Post IPO

₹1.76/-

P/E Pre IPO

18.21

P/E Post IPO

29.01

ROE

23.23%

ROCE

37.58%

Debt/Equity

1.25

RoNW

23.23%

PAT Margin

3.40

Price to Book Value

0.85

Spinaroo Commercial Company Financials All values are in ₹ Cr.

	30-Sep-24	31-Mar-24	31-Mar-23	31-Mar-22
Assets	21.94	19.05	19.48	17.82
Revenue	21.02	41.21	53.19	47.58
Profit After Tax	0.61	1.40	0.93	0.52
Net Worth	6.64	6.03	4.63	3.7
Reserves & Surplus	1.64	5.03	3.63	2.7

About The Company

Incorporated on August 17, 2012, Spinaroo Commercial Limited is involved in the production of aluminum foil containers, aluminum home foil, paper cups, paper plates, paper bowls, and semi-processed paper cup materials such as paper coating, printing, and blanking.

They also provide a variety of paper cup-related machinery, including high-speed paper cup-making machines, flexo printing machines, and automatic roll die-cutting machines, offering complete end-to-end solutions.

The company provides a variety of high-quality products produced from high-grade raw materials. These are produced under professional supervision, with a guarantee of superior performance, competitive prices, and prompt delivery to satisfy customer requirements.

The company has 35 employees as on October 31, 2024

Spinaroo Commercial - Promoter(s)

Pre Issue Share Holding: 66.67%

Post Issue Share Holding: 47.66%

Company Promoter(s)

Mr. Amit Sultania
Mr. Aditya Todi
Mrs. Mridula Todi

Spinaroo Commercial IPO - Issue Objectives

Working Capital Requirements
General Corporate Expenses

Other Details

Company Contact Details

Spinaroo Commercial

Jalan Industrial Complex Gate-1, Right Lane-6, P.O. Jangalpur, Begri Gram Panchayat, Howrah 711 411

Phone: +91 96747 03249

Email: compliance@spino.co.in

Website: http://www.spino.co.in/

Registrar Contact Details

Cameo Corporate Services Limited

Phone: +91-44-28460390

Email: ipo@cameoindia.com

Website: https://ipo.cameoindia.com/

Spinaroo Commercial IPO - FAQs

Ans. Spinaroo Commercial Limited IPO is a SME IPO. The issue is priced at ₹51 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Mar 28, 2025, and closes on Apr 3, 2025. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Spinaroo Commercial Limited IPO opens on Mar 28, 2025 and closes on Apr 3, 2025.

Ans. The size of Spinaroo Commercial Limited IPO is 19,94,000 shares(aggregating up to ₹10.17 Cr).

Ans. The IPO price band is set between ₹51 per equity share.

Ans. To apply for Spinaroo Commercial Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Spinaroo Commercial Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Spinaroo Commercial Limited IPO is Apr 4, 2025.

Ans. The Spinaroo Commercial Limited IPO will be listed on Apr 8, 2025.

Ans. Follow the steps to check the allotment status for Spinaroo Commercial Limited IPO here.