Spinaroo Commercial IPO Details
| IPO Open Date: | March 28, 2025 |
| IPO Close Date: | April 3, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹51 Per Share |
| Issue Size: | Approx ₹10.17 Crores |
| Fresh Issue: | Approx ₹10.17 Crores |
| Issue Type: | Fixed Price Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 50% |
| NII Quota: | Not more than 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Spinaroo Commercial IPO Market Lot
The Spinaroo Commercial IPO minimum market lot is 2000 shares with ₹1,02,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹1,02,000 |
| Retail Maximum | 1 | 2000 | ₹1,02,000 |
| S-HNI Minimum | 2 | 4000 | ₹2,04,000 |
Spinaroo Commercial IPO Dates
The Spinaroo Commercial IPO date is March 28 and the close date is April 3. The Spinaroo Commercial IPO allotment will be finalized on April 4 and the IPO listing on April 8.
| IPO Open Date: | March 28, 2025 |
| IPO Close Date: | April 3, 2025 |
| Basis of Allotment: | April 4, 2025 |
| Refunds: | April 7, 2025 |
| Credit to Demat Account: | April 7, 2025 |
| IPO Listing Date: | April 8, 2025 |
Promoters of Spinaroo Commercial IPO
The promoters of the company are Mr. Amit Sultania, Mr. Aditya Todi, and Mrs. Mridula Todi.
About Spinaroo Commercial IPO
One of the growing companies, Spinaroo Commercial founded on August 17, 2012, is involved in the business of manufacturing Aluminium Foil Container, Aluminium Home Foil, Paper Cups, Paper Plates, Paper Bowls, Semi Processed Materials for Paper Cups viz. paper coating, printing, blanking etc. The company also engaged in providing a diverse range of Cup-related Machinery such as High-Speed Paper cup-making machines, Flexo Printing machines, Automatic roll-cutting machines, etc. They source their raw materials from highly reliable vendors and manufacture their products using high-quality raw materials. The company comprises two manufacturing facilities situated within the Jalan Industrial Complex in Kolkata, Howrah. As of now, Spinaroo commercial serves its clients across 12 states and 2 Union Territories in India which includes West Bengal, Tripura, Chhattisgarh, Bihar, Jharkhand, Assam, and Odisha. The company consists of a total of 35 employees as of 31 October 2024.
Spinaroo Commercial IPO Company Financial Report
The company reported revenue of ₹41.21 crores in 2024 against ₹53.19 crore in 2023. The company reported profit of ₹1.40 crores in 2024 against profit of ₹0.93 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹47.58 | ₹45.28 | ₹0.52 | ₹17.82 |
| 2023 | ₹53.19 | ₹50.93 | ₹0.93 | ₹19.48 |
| 2024 | ₹41.21 | ₹38.19 | ₹1.40 | ₹19.05 |
| September 2024 | ₹21.02 | ₹19.69 | ₹0.61 | ₹21.94 |
Spinaroo Commercial IPO Valuation – FY2024
Check Spinaroo Commercial IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 23.23% |
| ROCE: | 37.58% |
| EBITDA Margin: | 6.48% |
| PAT Margin: | 3.40% |
| Debt to equity ratio: | 1.25 |
| Earning Per Share (EPS): | ₹2.80 (Basic) |
| Price/Earning P/E Ratio: | 3.64 |
| Return on Net Worth (RoNW): | 23.23% |
| Net Asset Value (NAV): | ₹60.29 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| NA | NA | NA | NA | NA | – Cr. |
| NA | NA | NA | NA | NA | – Cr. |
Objects of the Issue
- To meet the Working Capital Requirements
- General corporate purposes.
Spinaroo Commercial IPO Review
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Spinaroo Commercial IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-40020700 / 28460390
Email: ipo@cameoindia.com
Website: www.cameoindia.com
IPO Lead Managers aka Merchant Bankers
- Finshore Management Services Limited
Company Address
Spinaroo Commercial Limited
Jalan Industrial Complex Gate-1, Right Lane-6,
P.O. Jangalpur, Begri Gram Panchayat,
Howrah- 711 411, West Bengal, India
Phone: +91 96747 03249
E-Mail: Compliance@Spino.Co.In
Website: Www.Spino.Co.In
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Note: The Spinaroo Commercial IPO price band and date are officially announced. The (Spinaroo Commercial IPO grey market premium) will be added to the IPO GMP page as it will start).
