Shreedhar Spinners Limited

Total Issue Size

₹30.68 Cr

57,88,000 shares

Fresh Issue

₹30.68 Cr

57,88,000 shares

Offer for Sale

₹0 Cr

Face Value

₹10 per share

Issue Type

Book-built IPO

Listing At

NSE SME

Shares Pre-Issue

1,56,50,000

Shares Post-Issue

2,14,38,000

1. Offer opens

   23 Jun 2026

2. Offer closes

   25 Jun 2026

3. Allotment

   29 Jun 2026

4. Listing

   1 Jul 2026

• Anchor28.0%16,18,000 shares
• QIB18.7%10,80,000 shares
• HNI14.0%8,12,000 shares
• Retail32.7%18,92,000 shares
• MarketMaker6.7%3,86,000 shares

Incorporated in December 2020, Shreedhar Spinners Limited is a cotton yarn manufacturing company engaged in the production of 100% compact spun cotton yarn with counts ranging from Ne 10s to Ne 40s. The company operates a modern spinning facility located in the Amravati Textile Park, Maharashtra, with an installed production capacity of 10,000 MT per annum and 28,608 spindles. The company manufactures cotton yarn suitable for both knitting and weaving applications, catering to diverse end-use sectors such as apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics, and industrial textiles. Operating exclusively in the B2B segment, Shreedhar Spinners supplies its products to textile manufacturers, exporters, traders, and fabric processors, primarily across Maharashtra. The company sources raw cotton from local ginners, traders, and the Cotton Corporation of India (CCI) and benefits from its strategic location in the cotton-rich Vidarbha region. It is certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards and maintains a dedicated quality control team supported by advanced testing equipment and contamination control systems. Shreedhar Spinners is led by promoters Dharmendra Mohandas Goyal and Vishal Agarwal, both Chartered Accountants with over 25 years of textile industry experience. As of April 30, 2026, the company employed 164 personnel across production, engineering, quality control, administration, and management functions. Key Strengths: Manufacturer of compact spun cotton yarn with a capacity of 10,000 MT per annum. Modern spinning infrastructure with 28,608 spindles. Strong and long-standing customer relationships across the textile industry. Strategic location in the cotton-rich Vidarbha region ensuring raw material availability. ISO-certified quality, environmental, and safety management systems. Dedicated in-house quality control and testing facilities. Cost-efficient production and timely order fulfillment capabilities. Fully integrated spinning operations supported by modern technology.

• Funding incremental working capital requirements of the Company (₹21.04 Cr)
• Purchase of machineries into existing manufacturing facility at Amravati, Maharashtra (₹4.95 Cr)
• General Corporate Purposes (₹1.63 Cr)
• Issue Expenses (₹3.07 Cr)

• Shreedhar Cotsyn Pvt.Ltd.
• Dharmendra Mohandas Goyal
• Vishal Agarwal
• Sunita Dharmendra Goyal
• Pooja Agarwal
• Varesh Goyal

Book running lead managers

• Marwadi Chandarana Intermediaries Brokers Pvt.Ltd.

Registered office

503, Matharu Arcade, Subhash Road, Vile Parle East, Mumbai, Maharashtra, 400057

Market maker

Mansi Share & Stock Broking Pvt.Ltd.

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