Allotment

Shreedhar Cotsyn Private Limited, established in 2010, is a textile manufacturing and export company engaged in the production of fibers, yarns, and fabrics. With a spinning capacity of approximately 108,000 spindles across four locations in India, the company offers cotton, polyester, acrylic, blended yarns, and fabric products, serving both domestic and international markets through quality-focused manufacturing and continuous product innovation.
Shreedhar Spinners IPO will open for subscription on June 23, 2026, and close on June 25, 2026. The company plans to raise approximately ₹31 crore through a fresh issue, with a price band of ₹50 to ₹53 per share. The IPO is scheduled to be listed on NSE on July 1, 2026, while the allotment is expected on June 29, 2026.
₹530%
Open
HIgh - Low
Previous Close
Total Traded Value
52 Weeks High
52 Weeks Low
Updates On
IPO. Open
IPO. Close
IPO. Price
IPO Market price
| IPO Date | 1 Jul |
| IPO Listing Date | 1 Jul |
| IPO Face Value | ₹10 Per Equity Share |
| IPO Price Range | ₹53.00 |
| IPO Issue Size | Approx ₹31 Crores |
| IPO Sale Type | Fresh capital cum OFS |
| Employee Discount | |
| IPO Issue Type | Book build Issue |
| IPO Listing | BSE SME Platform |
| hare Holding Pre Issue | 1,56,50,000 shares |
| IPO Open Date | 23 Jun |
| IPO Close Date | 25 Jun |
| IPO Allotment (Tentative) | 29 Jun |
| Refunds | 30 Jun |
| Credit to Demat Account | 30 Jun |
| IPO Listing Date | 1 Jul |
| Category | Offer |
|---|---|
| QIB Shares Offered | 10,80,000 Shares |
| NII (HNI) Shares Offered | 8,12,000 Shares |
| Retail Shares Offered | 18,92,000 Shares |
–
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹2,12,000 |
| Retail (Max) | 2 | 4,000 | ₹2,12,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,18,000 |
| S-HNI (Max) | 9 | 18,000 | ₹9,54,000 |
| B-HNI (Min) | 10 | 20,000 | ₹10,60,000 |
Shreedhar Cotsyn Private Limited was established in 2010 as the export arm of the Shreedhar Group and is engaged in the manufacturing and export of yarns, fibers, and fabrics. The company has expanded its spinning capacity to approximately 108,000 spindles across four locations in India and offers a wide range of textile products, including cotton yarn, polyester yarn, acrylic yarn, blended yarn, and fabrics. Backed by promoters with over 30 years of industry experience, the company focuses on quality manufacturing, product innovation, and serving both domestic and international textile markets.
Product Portfolio
Raw Cotton Fiber
Polyester Fiber
Recycled Fiber
Cotton Yarn
Polyester Yarn
Acrylic Yarn
Blended Yarn
Raw White Yarn
Melange Yarn
Dyed Yarn
Knitted Fabrics
Woven Fabrics
Greige Fabrics
Dyed Fabrics
Yarn-Dyed Finished Fabrics
Shreedhar Cotsyn Private Limited manufactures a diverse range of fibers, yarns, and fabrics through modern spinning facilities. The company processes cotton, polyester, acrylic, viscose, and blended fibers into high-quality yarns and textile products, supported by continuous capacity expansion, quality control systems, and decades of textile industry expertise.
| Assets | 172.12 | 102.32 | 92.28 |
| Total Income | 146.55 | 134.43 | 126.35 |
| Profit After Tax | 6.17 | 3.42 | 3.35 |
| EBITDA | 17.62 | 13.11 | 13.41 |
| NET Worth | 29.76 | 20.34 | 16.92 |
| Reserves and Surplus | 14.11 | 5.34 | 1.92 |
| Total Borrowing | 115.90 | 65.31 | 62.11 |
| ROE | 24.64% |
| ROCE | 9.34% |
| Debt/Equity | 3.89 |
| RoNW | 20.74% |
| PAT Margin | 4.22% |
| EBITDA Margin | 12.04% |
| Price to Book Value | - |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | ₹21.04 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Shreedhar Spinners Ltd.
503, Matharu Arcade
Subhash Road
Vile Parle East,
Mumbai, Maharashtra, 400057
Phone: +91 22 4515 8777
Email: company.sec@shreedhar.com
Website: https://www.shreedharspinners.com/
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: shreedharspinners.smeipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
The IPO opens for subscription on June 23, 2026.
The IPO closes on June 25, 2026.
The price band is ₹769 to ₹808 per equity share.
The company plans to raise approximately ₹585 crore through the IPO.
The basis of allotment is expected to be finalized on June 29, 2026.
The shares will be listed on both BSE and NSE.
The company operates premium cruise tourism services under the Cordelia Cruises brand.
Market leadership, strong brand recognition, diverse cruise routes, and growth potential in cruise tourism.
Tourism dependency, high operating costs, economic slowdowns, and travel-related disruptions.
Growth is expected from rising cruise tourism demand, route expansion, increasing disposable incomes, and government support for tourism infrastructure.