Spinaroo Commercial Limited IPO has announced its IPO, open for subscription from March 29 to April 3, 2025. This BSE IPO is entirely a fresh issue of 19,94,000 shares, amounting to a total issue size of ₹10.17 crores.
The IPO is priced at ₹51 per share, with a minimum lot size of 2,000 shares. Retail investors must invest a minimum of ₹1,02,000, while High Net-Worth Individuals (HNIs) are required to apply for at least 4000 shares, totaling ₹2,04,000.
The allotment details are expected to be finalised by Friday, April 4, 2025, and the shares are scheduled for listing on BSE SME tentatively on April 8, 2025.
Explore the steps to apply for Spinaroo Commercial Limited IPO!
Spinaroo Commercial Limited IPO Timeline (Tentative)
| Event | Date |
| IPO Opening Date | March 28, 2025 |
| IPO Closing Date | April 3, 2025 |
| Allotment Date | April 8, 2025 |
| Face Value | ₹10.00 |
| Market Lot | 2000 |
| Minimum Bid Quantity | 2000 |
| Maximum Bid Quantity | 1894000 |
| Symbol | SPINAROO |
| Registrar | CAMEO CORPORATE SERVICES LTD |
| Listing Date | April 8, 2025 |
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About Spinaroo Commercial Limited
Spinaroo Commercial Limited was established on August 17, 2012. The company is involved in making everyday packaging products. Their products include aluminum foils, containers, and paper products like cups, plates, and bowls, using high-quality, food-safe materials.
It also provides custom services like shaping, printing, and coating paper products, ensuring they meet customer needs.
Spinaroo Commercial Limited IPO Key Details
- Spinaroo Commercial Limited IPO Open Date: March 28, 2025
- Spinaroo Commercial Limited IPO Close Date: April 3, 2025
- Spinaroo Commercial Limited IPO Price Band: ₹51 per share
- Spinaroo Commercial Limited IPO Lot Size: 2,000 shares
- Spinaroo Commercial Limited IPO GMP– ₹0, last updated Mar 28th 2025 02:56 PM.
- Book Running Lead Manager: Finshore Management Services Limited
- Registrar: Cameo Corporate Services Limited.
Spinaroo Commercial Limited: Financial Overview
Spinaroo Commercial Limited’s financials show steady growth over the years. As of September 30, 2024, the company’s assets increased to ₹21.94 crore from ₹17.82 crore in 2022.
| Period Ended | Assets (₹ Cr) | Revenue (₹ Cr) | Profit After Tax (₹ Cr) | Net Worth (₹ Cr) | Reserves & Surplus (₹ Cr) | Total Borrowing (₹ Cr) |
| 30 Sep 2024 | 21.94 | 21.02 | 0.61 | 6.64 | 1.64 | 7.43 |
| 31 Mar 2024 | 19.05 | 41.21 | 1.4 | 6.03 | 5.03 | 7.52 |
| 31 Mar 2023 | 19.48 | 53.19 | 0.93 | 4.63 | 3.63 | 8.43 |
| 31 Mar 2022 | 17.82 | 47.58 | 0.52 | 3.7 | 2.7 | 8.99 |
How to Check Spinaroo Commercial Limited IPO Allotment Status?
After applying for the IPO, you’re probably eager to know if you’ve received the shares. Here’s how you can check your allotment status:
Registrar’s Website: Visit the official website of the IPO registrar. Enter your PAN number or application details on the allotment status page to check your allocation.
BSE Website: Go to the BSE IPO allotment status page, select ‘Equity’, choose ‘Spinaroo Commercial Limited’, and submit your details to view the status.
Bank Account Statement: If shares are allotted, the amount will be debited from your account; otherwise, a refund will be processed.
Demat Account: Allocated shares will appear in your Demat account on the listing date.
Spinaroo Commercial Limited IPO- FAQs
Spinaroo Commercial Limited is a Kolkata-based company. It is involved in manufacturing aluminum foil containers, aluminum home foil, paper cups, plates, bowls, and semi-processed materials for paper cup production.
The Spinaroo Commercial IPO opens on March 28, 2025, and closes on April 3, 2025.
The minimum lot size of Spinaroo Commercial IPO is 2,000 shares.
The Spinaroo Commercial IPO allotment is expected to be finalised on April 4, 2025.
The price band for Spinaroo Commercial IPO ₹51 per share.
The shares of Spinaroo Commercial IPO are expected to list on the BSE SME on April 8, 2025.
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Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.