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Spinaroo Commercial Limited's IPO open date is March 28, 2025, and the closing date is April 3, 2025. It is a fixed price issue amounting to Rs 10.17 crores. This upcoming IPO is offering entirely fresh issues of up to 19.94 lakh equity shares worth up to Rs 10.17 crore. Spinaroo Commercial Limited IPO price band is Rs 51 per share. Currently, the GMP of the Spinaroo Commercial Limited IPO is at 0. This indicates a neutral sentiment and low interest among investors in this IPO.Spinaroo Commercial Limited IPO lot size is 2000 shares, and the allotment status of the IPO will be finalised on April 3, 2025. The minimum investment for retail investors is Rs 1,02,000. The registrar for the Spinaroo Commercial Limited IPO is Cameo Corporate Services
Spinaroo Commercial Limited is a Kolkata-based company which was incorporated on August 17, 2012. The company specialises in manufacturing aluminium foil containers and related products. The company operates two facilities in Jalan and serves across 12 states and two union territories in India. Recently, Spinaroo announced an IPO aiming to raise Rs 10.17 crores for expansion. The company reported a revenue of Rs 41.2 crores while signalling a strong potential.
2012
Aditya Todi
-
Spinaroo Commercial Limited's IPO objectives include utilising the funds from the IPO to achieve various objectives. Some of the objectives of the Spinaroo Commercial Limited IPO include working capital requirements and General Corporate Expenses.
Amit Sultania
Aditya Todi
Mrs. Mridula Todi
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 0 |
| Non-Institutional Buyers | 0 |
| bNII (bids above ₹10L) | 0 |
| sNII (bids below ₹10L) | 0 |
| Retail Investors | 0 |
| Employees | 0 |
| Others | 0 |
| Total | 0 |
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