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Spinaroo Commercial Ltd. IPO
BSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹51
Issue Price
₹51
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹51
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹102,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
28 Mar 2025
Fri Completed
Done
Close Date
03 Apr 2025
Thu Completed
Done
Allotment
04 Apr 2025
Fri Completed
Done
Refund
07 Apr 2025
Mon Completed
Done
Demat Credit
07 Apr 2025
Mon Completed
Done
Listing Date
08 Apr 2025
Tue Completed
UPI Deadline: 03 Apr 2025
Issue Details
Pricing & Size
Issue Price
₹51 Face ₹10
Lot Size
2,000 shares
Min Investment
₹102,000
Total Issue Size
19,94,000 shares (aggregating up to ₹10.17 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,00,000 (5.02%)
QIB Portion
-
NII / HNI
9,46,000 (47.44%)
Retail
9,48,000 (47.54%)
Employee
-
Net Offer to Public
18,94,000 shares (aggregating up to ₹9.66 Cr)
Shareholding Pattern
Pre-Issue Shareholding
50,00,000 shares
Post-Issue Shareholding
69,94,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,02,000
HNI / NII 2 4,000 ₹2,04,000
Objects of Issue
2 objectives
1
Working Capital Requirements
7.13 Cr
2
General Corporate Expenses
2.00 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Finshore Management Services Ltd
Market Maker
Black Fox Financial Pvt.Ltd.
IPO Timeline
Open
28 Mar
✓ Done
Close
03 Apr
✓ Done
Allotment
04 Apr
✓ Done
Listing
08 Apr
✓ Done
Registrar Details
Cameo Corporate Services Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-44-28460390
Email
ipo@cameoindia.com
Company Contact
Email
compliance@spino.co.in
Phone
+91 96747 03249
Address
Jalan Industrial Complex Gate-1, Right Lane-6, P.O. Jangalpur, Begri Gram Panchayat, Howrah, West Bengal, 711411
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹51
Est. Listing
₹51
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Spinaroo Commercial Ltd. LIVE
INR ·
vs Issue
Open
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Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹51
GMP
+₹0 (+0%)
GMP Est. Listing
₹51
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 9,46,000 (47.44%) ₹482.46 Cr
Retail Investors 9,48,000 (47.54%) ₹483.48 Cr
Total ** 19,94,000 (100.00%) ₹10,169.40 Cr
Market Maker * 1,00,000 (5.02%) ₹5.10 Cr
* Based on ₹51.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
9,46,000 (47.44%)
Retail
9,48,000 (47.54%)
Market Maker
1,00,000 (5.02%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric30 Sep 202431 Mar 202431 Mar 2023
Revenue21.0241.2153.19
PAT0.611.400.93
EBITDA
Net Worth6.646.034.63
Total Assets21.9419.0519.48
Reserves1.645.033.63
Borrowings7.437.528.43
Key Financial Ratios
23.23%
ROE
Return on Equity
37.58%
ROCE
Return on Capital Employed
23.23%
RONW
Return on Net Worth
3.40%
PAT Margin
PAT / Revenue
1.25
D/E Ratio
Debt to Equity
0.85
P/BV
Price to Book Value
2.80
Pre EPS
EPS Pre-Issue
1.76
Post EPS
EPS Post-Issue
18.21
Pre P/E
P/E Pre-Issue
29.01
Post P/E
P/E Post-Issue
About Spinaroo Commercial Ltd.

Incorporated in August 17, 2012, Spinaroo Commercial Limited is engaged in the manufacturing of aluminum foil containers, aluminum home foil, paper cups, paper plates, paper bowls, and semi-processed materials for paper cups, including paper coating, printing, and blanking.

They also offer a range of paper cup-related machinery, such as high-speed paper cup-making machines, flexo printing machines, and automatic roll die-cutting machines, providing comprehensive end-to-end support.

The company offers a wide range of high-quality products made from superior raw materials. These are manufactured under expert guidance, ensuring exceptional performance, competitive pricing, and timely delivery to meet client specifications.

Business Segment:

  • Manufacturing: The company manufactures aluminum home foils, containers, and paper products like cups, plates, and bowls using high-quality, food-grade materials. It also sells semi-finished raw materials after processing and modification.
  • Trading: The company manufactures aluminum foils, containers, and paper products using high-quality, food-grade materials. It also sells semi-finished raw materials for paper cups, plates, and bowls after processing and modification.
  • Job Work: The company provides specialized job work services, including processing, shaping, and printing on paper products. It also offers coating services using food-grade materials, tailored to customer specifications and needs.

As on October 31, 2024, the company has 35 employees.

Competitive Strengths:

  • Strategic Advantage of Dual Manufacturing Units within the Same Industrial Complex
  • Expertise-Driven Leadership with a Vision for Growth
  • Innovation and Efficiency through a Dedicated R&D Team
  • Commitment to Quality Assurance and Standards.
  • Establishing long-term client relationships and driving repeat business
  • Backward Integration
Frequently Asked Questions
What is the issue price of Spinaroo Commercial Ltd. IPO?
The issue price of Spinaroo Commercial Ltd. IPO is ₹51 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹102,000.
What are the IPO dates?
Opens 28 Mar 2025, closes 03 Apr 2025.
When is the listing date?
Tentative listing: 08 Apr 2025 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹51 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Spinaroo Commercial Ltd. IPO · Expected 04 Apr 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
04 Apr 2025
Refund Initiation
07 Apr 2025
Demat Credit
07 Apr 2025
Listing Date
08 Apr 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹51
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹102,000
1 lot
Est. Listing
₹51
GMP +₹0
Key Dates
Open
28 Mar Done
Close
03 Apr Done
Listing
08 Apr Done
Registrar
Cameo Corporate Services Ltd
A
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