The Spinaroo Commercial IPO minimum market lot is 2000 shares with ₹1,02,000 application amount. The Spinaroo Commercial IPO is a SME IPO, and it is to be listed on BSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Caution (Avoid). Investors should also look at the QIB, NII, and Retail numbers before investing.
Spinaroo Commercial IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.02 | 0.00 | 0.00 |
| RII | 0.30 | 0.00 | 0.00 |
| Total | 0.16 | 0.00 | 0.00 |
Spinaroo Commercial 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
Spinaroo Commercial IPO Review and Rating
- Avoid
- 1
Spinaroo Commercial IPO Form
How to apply for the Spinaroo Commercial IPO? You can apply for Spinaroo Commercial IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Spinaroo Commercial IPO in the Invest section. The other option is you can apply for Spinaroo Commercial IPO via IPO forms downloaded online. Check out the Spinaroo Commercial forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
