SPINAROO COMMERCIAL LIMITED

28 Mar 2025 - 03 Apr 2025 Individual Category SME BSE

Min Investment

₹204000

Price Band

₹51

Issue Size

19.94 lakhs
Equity Shares

Lot Size

2000 (per lot)

IPO Dates
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28 Mar 2025

Open Date

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03 Apr 2025

Close Date

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04 Apr 2025

Allotment Date

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08 Apr 2025

Listing Date

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

Know Before Investing

Strengths icon

  • Diverse product portfolio spanning aluminum and paper-based packaging solutions
  • Dual manufacturing units located within same industrial complex
  • Comprehensive end-to-end manufacturing and machinery support services

Weaknesses icon

  • Very small employee base of only 35 personnel
  • Operating in highly competitive and fragmented market segment
  • Limited geographical presence with inconsistent financial performance history

About Spinaroo Commercial Limited

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. 

Founded

2012

Managing Director

Aditya Todi

Parent Organization

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IPO Objectives

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.

Company Promoters

Amit Sultania

Aditya Todi

Mrs. Mridula Todi

Subscription Details

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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How to Apply for IPO

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IPO Allotment

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