Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹1,02,000 | 1 | 2000 |
About Spinaroo Commercial Limited IPO
Spinaroo Commercial Limited, incorporated on August 17, 2012, is a dynamic manufacturer specializing in aluminum foil containers, aluminum home foil, paper cups, paper plates, paper bowls, and semi-processed materials for paper products, such as paper coating, printing, and blanking. Beyond its extensive product range, the company provides cutting-edge machinery, including high-speed paper cup-making machines, flexo printing machines, and automatic roll die-cutting machines, ensuring end-to-end solutions for its clients. Operating across three key business segments—manufacturing, trading, and job work—Spinaroo excels in producing high-quality, food-grade aluminum and paper products while offering specialized services like processing, shaping, printing, and coating tailored to customer specifications. As of October 31, 2024, the company employs 35 skilled professionals dedicated to delivering excellence.
Spinaroo Commercial Limited stands out with its competitive strengths, driven by a strategic advantage of dual manufacturing units within the same industrial complex, enabling seamless production and efficiency. Guided by expertise-driven leadership with a clear vision for growth, the company leverages a dedicated R&D team to foster innovation and optimize processes. Committed to quality assurance and industry standards, Spinaroo uses superior raw materials under expert supervision to ensure exceptional performance, competitive pricing, and timely delivery. Its focus on backward integration, long-term client relationships, and repeat business further solidifies its reputation as a reliable partner in the industry, delivering value and versatility to meet diverse client needs.
Spinaroo Commercial Limited IPO Details
| IPO Date | March 28, 2025 to April 3, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹51 per share |
| Lot Size | 2,000 Shares |
| Total Issue Size | 19,94,000 shares (aggregating up to ₹10.17 Cr) |
| Fresh Issue | 19,94,000 shares (aggregating up to ₹10.17 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 50,00,000 shares |
| Share Holding Post Issue | 69,94,000 shares |
| Market Maker Portion | 1,00,000 shares |
| IPO Open Date | Fri, Mar 28, 2025 |
| IPO Close Date | Thu, Apr 3, 2025 |
| Tentative Allotment | Fri, Apr 4, 2025 |
| Initiation of Refunds | Mon, Apr 7, 2025 |
| Credit of Shares to Demat | Mon, Apr 7, 2025 |
| Tentative Listing Date | Tue, Apr 8, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 3, 2025 |
Spinaroo Commercial Limited IPO Prospectus
Spinaroo Commercial Limited Financial Snapshot (in Crore)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 21.94 | 19.05 | 19.48 | 17.82 |
| Revenue | 21.02 | 41.21 | 53.19 | 47.58 |
| Profit After Tax | 0.61 | 1.4 | 0.93 | 0.52 |
| Net Worth | 6.64 | 6.03 | 4.63 | 3.7 |
| Reserves and Surplus | 1.64 | 5.03 | 3.63 | 2.7 |
| Total Borrowing | 7.43 | 7.52 | 8.43 | 8.99 |
Spinaroo Commercial Limited Promoters Holding
Mr. Amit Sultania, Mr. Aditya Todi, and Mrs. Mridula Todi
Spinaroo Commercial Limited IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
Spinaroo Commercial Limited IPO Lead Manager(s)
Finshore Management Services Limited
Spinaroo Commercial Limited Contact Details
Spinaroo Commercial Limited
Jalan Industrial Complex Gate-1,
Right Lane-6, P.O. Jangalpur,
Begri Gram Panchayat, Howrah 711 411
Phone: +91 96747 03249
Email: compliance@spino.co.in
Website: http://www.spino.co.in/