Shreedhar Spinners IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.02 | 0.39 | 2.51 |
| NII | 1.53 | 3.93 | 14.58 |
| RII | 0.41 | 0.70 | 5.71 |
| Total | 0.54 | 1.30 | 6.70 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Shreedhar Spinners IPO minimum market lot is 4,000 shares with ₹2,12,000 application amount. The Shreedhar Spinners IPO is a SME IPO, and it is to be listed on NSE SME.
Business Overview
Established in December 2020, Shreedhar Spinners Limited is engaged in the manufacturing of 100% compact spun cotton yarn. The company produces yarn in the Ne 10s to Ne 40s range at its modern spinning facility located in the Amravati Textile Park, Maharashtra, which has an installed capacity of 10,000 MT per year and 28,608 spindles.
Its cotton yarn is used for both knitting and weaving applications and serves industries such as apparel, denim, towels, shirts, bedsheets, sweaters, socks, furnishing fabrics, and industrial textiles.
The company manufactures cotton yarn suitable for both knitting and weaving applications, catering to diverse end-use sectors such as apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics, and industrial textiles.
Operating exclusively in the B2B segment, Shreedhar Spinners supplies its products to textile manufacturers, exporters, traders, and fabric processors, primarily across Maharashtra.
Key strengths
- Manufacturer of compact spun cotton yarn with an annual production capacity of 10,000 MT.
- Operates a modern spinning facility equipped with 28,608 spindles.
- Maintains strong and long-term relationships with customers across the textile industry.
Shreedhar Spinners IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Shreedhar Spinners IPO Review and Rating
- Neutral
Shreedhar Spinners IPO Form
How to apply for the Shreedhar Spinners IPO? You can apply for Shreedhar Spinners IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shreedhar Spinners IPO in the Invest section. The other option is you can apply for Shreedhar Spinners IPO via IPO forms downloaded online. Check out the Shreedhar Spinners forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
