Spinaroo Commercial IPO

Spinaroo Commercial Ltd

₹1,02,000 /2000 sharesMinimum Investment

Spinaroo Commercial IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹51.00₹52.85₹1.85 (3.63%)

Spinaroo Commercial IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
28 Mar ‘25 - 3 Apr ‘25₹1,02,0002,000₹51 - ₹51
Issue SizeIPO Doc
10.17Cr
RHP PDF

Subscription rate

As of 03 Apr'25, 04:00 PM
Qualified Institutional Buyers0.00x
Non-Institutional Investor1.93x
Retail Individual Investor1.08x
Total1.43x

About Spinaroo Commercial

Spinaroo Commercial Limited is a manufacturer of various products, including aluminium foil containers, aluminium home foil, paper cups, paper plates, paper bowls, and semi-processed materials for paper cups, such as paper coating, printing, and blanking. The company also deals in a range of machinery related to paper cup production, including high-speed paper cup-making machines and flexo printing machines. Spinaroo operates two manufacturing facilities within the Jalan Industrial Complex in Kolkata, West Bengal. The company serves customers across 12 states and 2 Union Territories in India and has expanded its reach to Bhutan.;
Founded in
2012
Managing director
Mr Aditya Todi
Parent organisation
Spinaroo Commercial Ltd

Strengths & Financials of Spinaroo Commercial

Strengths
Risks
The company is ISO 9001:2015 certified for quality management systems.
The company claims that the close proximity of its manufacturing units within the Jalan Industrial Complex allows for better resource management, reduced operational complexities, and smoother coordination between production, storage, and logistics.
The company claims to have a dedicated research and development (R&D) team that has enabled it to expand its product line and optimise production processes.
The company claims that apart from manufacturing finished products such as paper cups, plates, and bowls, it also converts raw, uncoated paper into essential raw materials used in the production of these items. It further claims that by managing both the conversion of raw materials and the manufacturing of final products, they achieve higher profit margins throughout the entire value chain.
The company has seen a consistent increase in profit after tax (PAT). PAT increased from Rs 0.52 crore in FY22 to Rs 0.93 crore in FY23 to Rs 1.40 crore in FY24.

Spinaroo Commercial Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Spinaroo Commercial IPO

Apply asPrice bandApply upto
Regular51 - 51₹2 Lakh
High Networth Individual51 - 51₹2 - 5 Lakh
For Spinaroo Commercial IPO, eligible investors can apply as Regular.
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