Shreedhar Spinners IPO
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Shreedhar Spinners IPO details
Schedule of Shreedhar Spinners
| Issue open date | 23 Jun 2026 |
| Issue close date | 25 Jun 2026 |
| UPI mandate deadline | 25 Jun 2026 (5 PM) |
| Allotment finalization | 29 Jun 2026 |
| Refund initiation | 30 Jun 2026 |
| Share credit | 30 Jun 2026 |
| Listing date | 01 Jul 2026 |
| Mandate end date | 10 Jul 2026 |
| Lock-in end date for anchor investors (50%) | 28 Jul 2026 |
| Lock-in end date for anchor investors (remaining) | 26 Sep 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Shreedhar Spinners
Shreedhar Spinners Limited is engaged in the manufacture of compact spun cotton yarn and operates a manufacturing facility at the Amravati Textile Park in Maharashtra. The company produces cotton yarn in various counts ranging from Ne 10s to Ne 40s using raw cotton bales as its primary raw material. Its yarn products are used in both knitting and weaving applications and cater to end-use segments such as apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics and industrial fabrics. The company operates exclusively in the business-to-business (B2B) segment and supplies its products to textile manufacturers, yarn exporters, traders and fabric processors. Revenue is generated through the sale of cotton yarn to these customers. The company’s manufacturing operations are supported by in-house testing and quality control processes, while its location in a major cotton-growing region helps in sourcing raw materials for production.
Financials of Shreedhar Spinners
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 30.68 |
| Fresh issue- proceeds go to company | 30.68 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding incremental working capital requirements | 21.04 (68.58%) |
| Purchase of machinery for the existing manufacturing facility at Amravati, Maharashtra |
4.95 (16.13%) |
| General corporate purposes | 4.69 (15.29%) |
Strengths
- Manufactures compact spun cotton yarn used across knitting and weaving applications.
- Operates a large manufacturing facility with a capacity of 10,000 MT per annum.
- Located in a major cotton-growing region, supporting efficient raw material sourcing.
- Focuses exclusively on B2B customers, including textile manufacturers, exporters and traders.
- Supported by in-house testing and quality control systems with multiple quality certifications.
Risks
- Business is exposed to fluctuations in cotton prices and raw material availability.
- Dependence on purchase-order-based sales without long-term customer contracts.
- Failure to maintain product quality standards could lead to order cancellations and customer loss.
- High inventory requirements may increase working capital needs and inventory management risks.
- Changes in government policies, regulations or economic conditions could impact operations and profitability.