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Textile · Listed on NSE · 23 Jun 2026 - 25 Jun 2026
Jagat JoshiIncorporated in December 2020, Shreedhar Spinners Limited is a cotton yarn manufacturing company engaged in the production of 100% compact spun cotton yarn with counts ranging from Ne 10s to Ne 40s. The company operates a modern spinning facility located in the Amravati Textile Park, Maharashtra, with an installed production capacity of 10,000 MT per annum and 28,608 spindles.
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.
The company sources raw cotton from local ginners, traders, and the Cotton Corporation of India (CCI) and benefits from its strategic location in the cotton-rich Vidarbha region. It is certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards and maintains a dedicated quality control team supported by advanced testing equipment and contamination control systems.
Shreedhar Spinners is led by promoters Dharmendra Mohandas Goyal and Vishal Agarwal, both Chartered Accountants with over 25 years of textile industry experience.
As of April 30, 2026, the company employed 164 personnel across production, engineering, quality control, administration, and management functions.
GMP History will be updated soon.
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Amount (₹ Cr) |
|---|---|---|---|---|
| Anchor | 1.00x | 16,18,000 | 16,18,000 | ₹8.58 Cr |
| QIB (Ex. Anchor) | 2.51x | 10,80,000 | 27,12,000 | ₹14.37 Cr |
| NII | 14.58x | 8,12,000 | 1,18,40,000 | ₹62.75 Cr |
| bNII > ₹10L | 17.99x | 5,40,000 | 97,12,000 | ₹51.47 Cr |
| sNII < ₹10L | 7.82x | 2,72,000 | 21,28,000 | ₹11.28 Cr |
| Retail | 5.71x | 18,92,000 | 1,08,04,000 | ₹57.26 Cr |
| Market Maker | 1.00x | 3,86,000 | 3,86,000 | ₹2.05 Cr |
| Total | 4.99x | 57,88,000 | 2,73,60,000 | ₹142.96 Cr |
| Period Ended | 31 MAR 2026 | 31 MAR 2025 | 31 MAR 2024 |
|---|---|---|---|
| Total Income | 146.55 | 134.43 | 126.35 |
| Profit After Tax | 6.17 | 3.42 | 3.35 |
| EBITDA | 17.62 | 13.11 | 13.41 |
| NET Worth | 29.76 | 20.34 | 16.92 |
| Reserves and Surplus | 14.11 | 5.34 | 1.92 |
| Total Borrowing | 115.90 | 65.31 | 62.11 |
| Company Name | EPS (₹) | P/E (x) | NAV (₹) | RoNW (%) | Income (₹ Cr) |
|---|---|---|---|---|---|
| Siddhi Cotspin Limited | 4.38 | 4.38 | 55.82 | 7.08 | 478.27 |
| AB Cotspin India Limited | 6.06 | 33.69 | 69.15 | 8.65 | 301.46 |
Shreedhar Cotsyn Private Limited , Dharmendra Mohandas Goyal, Vishal Agarwal , Sunita Dharmendra Goyal, Pooja Agarwal, Varesh Goyal is the company's promoter of Shreedhar Spinners.
| Particular | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | — | 70.48% |
| Promoter and Promoter Group | 96.55% | — |
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