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SPINAROO COMMERCIAL Limited SME IPO
Issue Size (Net)
up to Rs.10.17 Cr
Price Band
Rs.51 per share
Issue Opens
March 28, 2025
Issue Closes
April 03, 2025

Company Highlights

1.Company Information

Incorporated in August 17, 2012, Spinaroo Commercial Limited is engaged in the manufacturing of aluminum foil containers, aluminum home foil, paper cups, paper plates, paper bowls, and semi-processed materials for paper cups, including paper coating, printing, and blanking. They also offer a range of paper cup-related machinery, such as high-speed paper cup-making machines, flexo printing machines, and automatic roll die-cutting machines, providing comprehensive end-to-end support. The company offers a wide range of high-quality products made from superior raw materials. These are manufactured under expert guidance, ensuring exceptional performance, competitive pricing, and timely delivery to meet client specifications.
Business Segment:
Manufacturing: The company manufactures aluminum home foils, containers, and paper products like cups, plates, and bowls using high-quality, food-grade materials. It also sells semi-finished raw materials after processing and modification.
Trading: The company manufactures aluminum foils, containers, and paper products using high-quality, food-grade materials. It also sells semi-finished raw materials for paper cups, plates, and bowls after processing and modification.
Job Work: The company provides specialized job work services, including processing, shaping, and printing on paper products. It also offers coating services using food-grade materials, tailored to customer specifications and needs.
As on October 31, 2024, the company has 35 employees.

2. Strenghts

1) Strategic Advantage of Dual Manufacturing Units within the Same Industrial Complex
2) Expertise-Driven Leadership with a Vision for Growth
3) Innovation and Efficiency through a Dedicated R&D Team
4) Commitment to Quality Assurance and Standards.
5) Establishing long-term client relationships and driving repeat business
6) Backward Integration

3. Objects of the Issue

The Company Spinaroo Commercial IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. Objects of the Issue Expected Amount (in Millions)
1 Working Capital Requirements. 71.28
2. General Corporate Expenses 20

4.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 Financials

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
30-Sep-24
21.94
21.02
0.61
6.64
1.64
7.43
31-Mar-24
19.05
41.21
1.4
6.03
5.03
7.52
31-Mar-23
19.48
53.19
0.93
4.63
3.63
8.43
31-Mar-22
17.82
47.58
0.52
3.7
2.7
8.99
Amount in Rs. Crore

SPINAROO COMMERCIAL Limited IPO Details

Issue Opening Date
March 28, 2025
Issue Closing Date
April 3, 2025
Face Value
Rs.10 per share
Price
Rs.51 per share
Lot Size
2000 Shares
Issue Size
19,94,000 shares (aggregating up to Rs.10.17 Cr)
Fresh Issue
19,94,000 shares (aggregating up to Rs.10.17 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME

SPINAROO COMMERCIAL Limited IPO Timeline

Event
Tentative Date
Opening Date
Fri, Mar 28, 2025
Closing Date
Thu, Apr 3, 2025
Basis of Allotment
Fri, Apr 4, 2025
Initiation of Refunds
Mon, Apr 7, 2025
Credit of Shares to Demat
Mon, Apr 7, 2025
Listing Date
Tue, Apr 8, 2025
Cut-off time for UPI mandate confirmation
5 PM on April 3, 2025

Prospectus

Prospectus File

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ARN-0032 Validity 14-Mar-2027

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