Spinaroo Commercial IPO

Spinaroo Commercial IPO

  • IPO Date28 Mar, 2025 to 03 Apr, 2025
  • Listing Date08 Apr, 2025
  • Face Value₹10 per share
  • Issue Price51 to ₹51 per share
  • Lot Size2000 Shares
  • Minimum Investment₹1,02,000
  • Listing AtBSE SME
  • Total Issue Size19,94,000 Shares
    (aggregating up to ₹10.17 Cr)
  • Fresh Issue19,94,000 Shares
    (aggregating up to ₹10.17 Cr)
  • Offer for Sale-
  • Issue TypeFixed Price IPO
  • Share holding pre issue50,00,000
  • Shareholding post issue69,94,000
IPO Dates

Closing Date

03 Apr, 2025

Initiation of Refunds

07 Apr, 2025

Listing Date

08 Apr, 2025

28 Mar, 2025

Opening Date

04 Apr, 2025

Basis of Allotment

07 Apr, 2025

Credit of Shares

UPI Mandate Expiry Date:03 Apr, 2025

Spinaroo Commercial Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (Min)120001,02,000
HNI (Min)240002,04,000
Retail (Max)120001,02,000

Spinaroo Commercial Promoter Holding

Mr. Amit Sultania, Mr. Aditya Todi, and Mrs. Mridula Todi are the promoters of the company.

Pre Issue Share HoldingPost Issue Share Holding
66.67%47.66%

Spinaroo Commercial COMPANY INFORMATION

Spinaroo Commercial IPO is a fixed price of Rs 10.17 crores. The issue is entirely a fresh issue of 19.94 lakh shares. Spinaroo Commercial IPO bidding opened for subscription on March 28, 2025 and will close on April 3, 2025. The allotment for the Spinaroo Commercial IPO is expected to be finalized on Friday, April 4, 2025. Spinaroo Commercial IPO will be list on BSE SME with a tentative listing date fixed as Tuesday, April 8, 2025. Spinaroo Commercial IPO price is ₹51 per share. The minimum lot size for an application is 2000. The minimum amount of investment required by retail investors is ₹1,02,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹2,04,000. Finshore Management Services Limited is the book-running lead manager of the Spinaroo Commercial IPO, while Cameo Corporate Services Limited is the registrar for the issue.The market maker for Spinaroo Commercial IPO is Black Fox Financial Private Limited. Refer to Spinaroo Commercial IPO RHP for detailed information.

Incorporated in August 17, 2012, Spinaroo Commercial Limited is engaged in the manufacturing of aluminum foil containers, aluminum home foil, paper cups, paper plates, paper bowls, and semi-processed materials for paper cups, including paper coating, printing, and blanking.

They also offer a range of paper cup-related machinery, such as high-speed paper cup-making machines, flexo printing machines, and automatic roll die-cutting machines, providing comprehensive end-to-end support.

The company offers a wide range of high-quality products made from superior raw materials. These are manufactured under expert guidance, ensuring exceptional performance, competitive pricing, and timely delivery to meet client specifications.

Business Segment:

  • Manufacturing: The company manufactures aluminum home foils, containers, and paper products like cups, plates, and bowls using high-quality, food-grade materials. It also sells semi-finished raw materials after processing and modification.
  • Trading: The company manufactures aluminum foils, containers, and paper products using high-quality, food-grade materials. It also sells semi-finished raw materials for paper cups, plates, and bowls after processing and modification.
  • Job Work: The company provides specialized job work services, including processing, shaping, and printing on paper products. It also offers coating services using food-grade materials, tailored to customer specifications and needs.

As on October 31, 2024, the company has 35 employees.

Competitive Strengths:

  • Strategic Advantage of Dual Manufacturing Units within the Same Industrial Complex
  • Expertise-Driven Leadership with a Vision for Growth
  • Innovation and Efficiency through a Dedicated R&D Team
  • Commitment to Quality Assurance and Standards.
  • Establishing long-term client relationships and driving repeat business
  • Backward Integration

Spinaroo Limited IPO Analysis – Insights for Investors

Introduction to Spinaroo Limited IPO

Spinaroo Limited, a company with a strong presence in the [industry name], is set to go public with its Initial Public Offering (IPO). This IPO aims to raise capital for business expansion, operational upgrades, and financial strengthening.

With a growing market presence and promising financials, Spinaroo Limited is attracting significant investor attention. In this analysis, we will break down the key highlights, financial performance, risks, and benefits of this IPO to help investors make informed decisions.

Spinaroo Limited IPO Overview

IPO Details

  • IPO Type: 100% Book-Built Issue

  • Total Shares Offered: 19,94,000 

  • Face Value: ₹10 per share

  • Price Band: ₹51 per share

  • Stock Exchange Listing: Fixed Price IPO

  • Offer Opening Date: March 28, 2025

  • Offer Closing Date: April 3, 2025

  • Promoters: 66.67%

Purpose of the IPO

The company plans to utilize the funds raised from this IPO for:

  1. Business Expansion – Scaling operations and entering new markets.

  2. Debt Repayment – Reducing financial liabilities to strengthen balance sheets.

  3. Infrastructure Development – Investing in new technology and equipment.

  4. General Corporate Purposes – Supporting ongoing operational costs and working capital needs.

Spinaroo Limited IPO Financial Performance and Growth Potential

Revenue and Profitability

Spinaroo Limited has demonstrated a steady increase in revenue and profitability, reflecting efficient business management. The company has shown consistent top-line and bottom-line growth, making it a promising investment opportunity.

Debt and Capital Structure

A portion of the IPO proceeds will be directed toward debt repayment, which will reduce financial risk and improve overall profitability. Lower debt levels will allow the company to reinvest in growth initiatives.

Market Expansion Strategy

The company is actively looking to expand its market reach, leveraging its strengths in [industry name]. With the growing demand for its products/services, Spinaroo Limited is expected to capture a larger market share in the coming years.

Spinaroo Limited IPO Strengths and Competitive Advantages

Established Market Presence

Spinaroo Limited has built a strong brand and reputation in the [industry name] sector, serving a diverse customer base. This established presence provides it with a competitive edge over new entrants.

Strong Financial Position

The company has reported stable financial growth, with positive earnings before interest, taxes, depreciation, and amortization (EBITDA). Investors see this as a sign of financial health and operational efficiency.

Technological Advancements

By investing in state-of-the-art technology and infrastructure, the company aims to improve its operational efficiency and product offerings. This technological edge positions it well for long-term growth.

Spinaroo Limited IPO Risks and Challenges

Competitive Market Landscape

The company operates in a highly competitive industry, facing competition from both domestic and international players. The ability to maintain market share will depend on continuous innovation and strategic expansion.

Regulatory and Compliance Risks

The industry is subject to strict regulatory frameworks and government policies. Any changes in laws, taxation, or compliance requirements could affect business operations.

Market Volatility and Economic Uncertainty

Stock market fluctuations and broader economic conditions may impact the performance of Spinaroo Limited’s stock post-IPO. Investors should be aware of external factors that could influence share prices.

Raw Material and Supply Chain Risks

Any disruptions in raw material availability or supply chain inefficiencies could affect production and increase costs, impacting profitability.

Pros and Cons of Investing in Spinaroo Limited IPO

Pros of Investing

  1. Strong Financial Growth – The company has shown consistent revenue and profit growth over recent years.

  2. Debt Reduction Strategy – Use of IPO funds for debt repayment strengthens financial stability.

  3. Market Expansion Potential – The company is well-positioned for domestic and international growth.

  4. Technological Advancements – Investments in cutting-edge technology enhance efficiency and scalability.

  5. Established Brand Presence – Recognized name in the [industry name] sector provides long-term business sustainability.

Cons of Investing

  1. High Market Competition – Facing intense competition from both established and emerging players.

  2. Regulatory and Compliance Risks – Subject to government policies, taxation laws, and industry regulations.

  3. Economic Sensitivity – Vulnerability to market downturns and external economic conditions.

  4. Raw Material Price Volatility – Risk of fluctuating input costs impacting margins.

  5. Post-IPO Stock Volatility – The company’s share price may be affected by market sentiment and investor demand.

Spinaroo Limited IPO Final Verdict – Should You Invest?

Spinaroo Limited’s IPO presents an exciting opportunity for investors looking to invest in a growing and financially stable company. The company’s expansion plans, financial health, and industry position make it an attractive option.

However, investors should carefully consider risks such as market competition, economic volatility, and regulatory compliance before making a decision. Conducting additional research or consulting a financial advisor is advisable.

Would you like a detailed comparison with similar IPOs in the market? Let me know how I can assist further!

FAQs About Spinaroo Commercial Ipo

Spinaroo Commercial IPO will open on 28 Mar, 2025 and close on 03 Apr, 2025. Investors must apply within this period to participate.

The Spinaroo Commercial IPO price band is set between ₹51.00 and ₹51.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹102000.00.

The Spinaroo Commercial IPO shares are expected to be listed on 08 Apr, 2025, subject to regulatory approvals and final allotment.

You can track your Spinaroo Commercial IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID

The Spinaroo Commercial IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.