Spinaroo Commercial
BSE SME₹102,000 / 2000 Shares
IPO Live Subscription Details (times)
IPO Details
Spinaroo Commercial IPO is priced between ₹51 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the BSE SME, and Cameo Corporate Services Limited is managing the issue as the registrar.
The IPO bidding period opened on 28 Mar, 2025, and closed on 3 Apr, 2025. The allotment results will be announced on 4 Apr, 2025, with a tentative listing date set for 8 Apr, 2025.
The total issue comprises 19,94,000 shares, amounting to ₹10.17 Cr.
Spinaroo Commercial IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| Mar 28, 2025 - Apr 3, 2025 | 8 Apr, 2025 | ₹10 Per Equity Share | ₹51 per equity share | - | Shares | - | BSE SME |
Spinaroo Commercial IPO Timeline
Issue Price
₹51 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Cameo Corporate Services LimitedMarket Lot
2000 Shares (₹102,000/-)Lead Manager
Finshore Management Services LimitedIssue Size
19,94,000 shares(aggregating up to ₹10.17 Cr)Retail Portion
50%Subscription
1.57 timesSpinaroo Commercial IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 24 | 21.94 | 21.02 | 0.61 | 6.64 | 1.64 | - |
| 31 Mar 24 | 19.05 | 41.21 | 1.40 | 6.03 | 5.03 | - |
| 31 Mar 23 | 19.48 | 53.19 | 0.93 | 4.63 | 3.63 | - |
| 31 Mar 22 | 17.82 | 47.58 | 0.52 | 3.7 | 2.7 | - |
All values are in ₹ Cr.
Spinaroo Commercial IPO Valuations
EPS PRE IPO ₹2.80/- | EPS POST IPO ₹1.76/- | PE PRE IPO 18.21 | PE 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 |
About 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 IPO Subscription Details
| 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 |
Spinaroo Commercial IPO - Issue Objectives
- Working Capital Requirements
- General Corporate Expenses
Spinaroo Commercial
Jalan Industrial Complex Gate-1, Right Lane-6, P.O. Jangalpur, Begri Gram Panchayat, Howrah 711 411Cameo Corporate Services Limited