Shreedhar Spinners IPO is a book-built issue aiming to raise ₹30.68 crore. The issue consists entirely of a fresh issue of 57.88 lakh equity shares. The bidding window was open from June 23, 2026, to June 25, 2026, with the IPO allotment expected to be finalised on June 29, 2026. Shreedhar Spinners is scheduled to list on the NSE SME platform on July 1, 2026.
The IPO was priced at ₹51-₹53 per share with a lot size of 2,000 shares. The public issue received bids for 2,53,56,000 shares against 37,84,000 shares available, resulting in an overall subscription of 6.70 times. Non-Institutional Investors (NIIs) showed the strongest demand, subscribing 14.58 times their quota, followed by retail investors at 5.71 times.
Shreedhar Spinners' ₹30.68 crore IPO, priced at ₹51-₹53 per share, comprises an entirely fresh issue of 57.88 lakh equity shares.
Bidding took place from June 23 to June 25, 2026, with the Shreedhar Spinners IPO allotment status expected on June 29, 2026. Retail investors subscribed 5.71 times, while NIIs subscribed 14.58 times and the shares are expected to list on the NSE SME platform on July 1, 2026.
The table below breaks down the Shreedhar Spinners IPO share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| QIB Shares Offered | 2698000 |
| − Anchor Investor Shares Offered | 1618000 |
| − QIB (Ex. Anchor) Shares Offered | 1080000 |
| NII (HNI) Shares Offered | 812000 |
| − bNII > ₹10L | 541334 |
| − sNII < ₹10L | 270666 |
| Retail Shares Offered | 1892000 |
| Market Maker Shares Offered | 386000 |
| Total Shares Offered | 5788000 |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers (QIB) | 2.51 |
| Non-Institutional Investors (NII) | 14.58 |
| Retail Individual Investors (RII) | 5.71 |
| Total Shares | 6.70 |
Note: The subscription details are as of June 25, 2026
Shreedhar Spinners Limited was incorporated in December 2020 and is engaged in the manufacturing of 100% compact spun cotton yarn with counts ranging from Ne 10s to Ne 40s. The company operates a modern spinning facility at the Amravati Textile Park in Maharashtra, featuring 28,608 spindles and an installed production capacity of 10,000 metric tonnes per annum.
The company manufactures cotton yarn for both knitting and weaving applications, serving industries such as apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics and industrial textiles. Operating exclusively in the B2B segment, it supplies textile manufacturers, exporters, traders and fabric processors, primarily across Maharashtra.
Shreedhar Spinners sources raw cotton from local ginners, traders and the Cotton Corporation of India (CCI), benefiting from its location in the cotton-rich Vidarbha region. The company is certified under ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 standards, and maintains dedicated quality control and testing facilities supported by advanced contamination control systems.
The company is promoted by Dharmendra Mohandas Goyal and Vishal Agarwal, both Chartered Accountants with more than 25 years of experience in the textile industry. As of April 30, 2026, Shreedhar Spinners employed 164 personnel across production, engineering, quality control, administration and management functions, supporting its manufacturing and business operations.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 25, 2026, 6:02 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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