Spinaroo Commercial IPO Allotment Status: Check Latest GMP, Steps To Verify Status

The bidding for Spinaroo Commercial Limited IPO was open from March 28, 2025, to April 3, 2025. The basis of allotment will be finalised today, April 4, 2025. Here’s how to check the allotment status. 

Step-by-Step Procedure to Check Spinaroo Commercial Limited IPO Allotment Status Online On BSE

• Visit the IPO application status page here. 
• Select “Equity” in Issue Type. 
• In Issue Name, select “Spinaroo Commercial Limited.”
• Enter your “Application No.” or “PAN No.”
• Click on “I am not a Robot” and “Submit.”

Step-by-Step Procedure to Check Spinaroo Commercial Limited IPO Allotment Status Online On Registrar’s Website

• Click here to visit the application status page. 
• Click any of the “Links.”
• Select “Spinaroo Commercial Limited.”
• Enter your “Application No.” “PAN No.” or “DP ID.”
• Enter Captcha and Click “Submit.”

IPO Details

Spinaroo Commercial Limited IPO is entirely a fresh issue of 19.94 lakh shares. The price band is set at ₹51 per share, and the tentative listing date on BSE SME is April 8, 2025. 

Use of Proceeds

The IPO proceeds will be used to fund the working capital requirement and general corporate purposes. 

Spinaroo Commercial Limited IPO - Overall Subscription Status

(April 3, 2025, end of the day)

GMP (Grey Market Premium) Details

As of April 4, 2025, the GMP for Spinaroo Commercial Limited IPO stands at NIL; the estimated listing price remains ₹51. The expected percentage gain/loss per share is 0.00%. 

Note: The Grey Market Premium (GMP) is not an official price and is based on market speculation.
Source: Business Standard dated April 4, 2025

Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.

Spinaroo Commercial Limited Business Overview

Spinaroo Commercial product offerings include Aluminium Foil Containers, Aluminium Home Foil, Paper Cups, Paper Plates, Paper Bowls, and Semi-Processed Materials for Paper Cups, such as paper coating, printing, blanking, and more. 

The company also supply a comprehensive selection of Paper Cup-related Machinery. 

Disclaimer: Investing in SME IPOs involves a high degree of risk. Such investments may be suitable only for investors with a high-risk tolerance and the ability to bear potential losses. Perform thorough due diligence and consult a financial advisor before investing. Invest wisely and at your own discretion.