Shreedhar Spinners Ltd.
SHREEDHARSME
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Overview
Shreedhar Spinners Limited manufactures compact spun cotton yarn in counts ranging from Ne 10s to Ne 40s from its integrated spinning facility at the Amravati textile park in Maharashtra. Shreedhar Spinners Limited operates in the B2B segment, supplying yarn for knitting and weaving applications used in apparel, denim, terry towels, shirting, bed linen, socks, furnishing fabrics and industrial fabrics. The company benefits from its location in a cotton-rich region, modern spinning infrastructure, quality certifications, in-house testing capabilities and experienced promoter leadership with deep textile industry expertise.
Opening Date
Jun 23, 2026
Closing Date
Jun 25, 2026
Listing Date
Jul 01, 2026
IPO Type
SME
IPO Status
Upcoming
Issue Size
—
Fresh Issue
30.68 Cr
Offer for Sale
0 Cr
Price Band
₹50 - ₹53
Lot Size
2000
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
IPO Objective
The main objectives of the issue are to strengthen operating capacity, support expansion-led working capital needs and enhance manufacturing capabilities.
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Funding incremental working capital requirements of the company, including higher investment in raw cotton inventory, receivables, supplier advances and day-to-day operating expenses required to support increased production volumes after capacity expansion and the commencement of Unit 2.
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Purchasing new machinery for the existing manufacturing facility at Amravati, Maharashtra, including combers and advanced Uster testing equipment, to improve product quality, raw material testing, process reliability, manufacturing efficiency and the ability to produce superior yarn consistently.
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Meeting general corporate purposes, which may include business development, marketing, operating contingencies, administrative requirements and other corporate needs in the ordinary course of business, subject to applicable regulatory limits.
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Obtaining the benefits of listing the equity shares on the stock exchange, which is expected to enhance visibility, improve corporate profile and provide broader access to capital markets.
Key Performance Indicator
P/E Ratio
13.44
EPS
3.94
ROE
24.64%
ROCE
9.34%
RONW
20.74%
Debt to Equity Ratio
—
PAT Margin
4.22%
EBITDA Margin
12.04%
P/B
2.79
SWOT Analysis
Strengths
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Integrated cotton spinning facility with modern compact spinning technology and in-house quality control systems supports consistent yarn quality and operational efficiency.
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Strategic location in the cotton-rich Vidarbha region of Maharashtra provides sourcing advantages, lower logistics costs and access to skilled textile labour.
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Experienced promoter and management team with strong textile, export, production and finance backgrounds supports business execution and customer relationships.
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Diversified B2B product applications across knitting and weaving segments, along with quality certifications and testing infrastructure, strengthen market credibility.
Weaknesses
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Business operations are concentrated in a single manufacturing location, making the company vulnerable to disruptions from operational, utility or regional events.
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Revenue concentration remains high among top customers, with the top 10 customers contributing a substantial share of annual revenue.
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The business is working-capital intensive and carries significant borrowings, reflected in a high debt-to-equity ratio and dependence on bank facilities.
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Sales are largely order-based without long-term contracts with customers or suppliers, which may create volatility in procurement planning and demand visibility.
Opportunities
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Expansion of Unit 2 and additional machinery purchases can improve scale, product quality, testing speed and the company’s ability to serve higher volumes.
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Growing domestic and export demand for cotton yarn, along with India’s strong position in global yarn trade, can support customer diversification and market growth.
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Increasing buyer diversification away from China and supportive Indian textile policies may create long-term opportunities for Indian yarn manufacturers.
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Scope to enter new geographies and deepen relationships with textile manufacturers, exporters and traders can broaden the company’s customer base beyond Maharashtra.
Threats
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Cotton price volatility, seasonal procurement patterns and dependence on agricultural output can pressure margins and disrupt cost planning.
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Intense competition from domestic and international yarn manufacturers may affect pricing power, customer retention and profitability.
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Changes in government incentives, subsidy regimes, environmental rules or textile sector policies may impact project economics and operating margins.
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Listing-related risks, limited trading history and potential post-listing share price volatility may affect investor sentiment and market performance.
Subscription Rate
Frequently Asked Questions about Shreedhar Spinners Ltd.
Shreedhar Spinners Limited manufactures compact spun cotton yarn in counts ranging from Ne 10s to Ne 40s from its integrated spinning facility at the Amravati textile park in Maharashtra. Shreedhar Spinners Limited operates in the B2B segment, supplying yarn for knitting and weaving applications used in apparel, denim, terry towels, shirting, bed linen, socks, furnishing fabrics and industrial fabrics. The company benefits from its location in a cotton-rich region, modern spinning infrastructure, quality certifications, in-house testing capabilities and experienced promoter leadership with deep textile industry expertise.
The Shreedhar Spinners Ltd. IPO is scheduled to open for subscription on Jun 23, 2026 and close on Jun 25, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Shreedhar Spinners Ltd. IPO is ₹50 to ₹53. Investors can place bids within this range once the issue opens.
The minimum lot size for the Shreedhar Spinners Ltd. IPO is 2000 shares. The minimum investment amount ₹1,06,000.
The total issue size of the Shreedhar Spinners Ltd. IPO is will be disclosed closer to the issue opening. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Shreedhar Spinners Ltd. IPO has been subscribed data will be available once the issue opens. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Shreedhar Spinners Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Shreedhar Spinners Ltd. are expected to list on stock exchanges on Jul 01, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Shreedhar Spinners Ltd. IPO are proposed to be used for The main objectives of the issue are to strengthen operating capacity, support expansion-led working capital needs and enhance manufacturing capabilities., Funding incremental working capital requirements of the company, including higher investment in raw cotton inventory, receivables, supplier advances and day-to-day operating expenses required to support increased production volumes after capacity expansion and the commencement of Unit 2., Purchasing new machinery for the existing manufacturing facility at Amravati, Maharashtra, including combers and advanced Uster testing equipment, to improve product quality, raw material testing, process reliability, manufacturing efficiency and the ability to produce superior yarn consistently., Meeting general corporate purposes, which may include business development, marketing, operating contingencies, administrative requirements and other corporate needs in the ordinary course of business, subject to applicable regulatory limits., Obtaining the benefits of listing the equity shares on the stock exchange, which is expected to enhance visibility, improve corporate profile and provide broader access to capital markets.
Before applying for the Shreedhar Spinners Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
