Shreedhar Spinners SME IPO Live Subscription Status
How to Apply for this IPO? Read here.
Shreedhar Spinners Limited provides compact spun cotton yarn to various clients across the Maharashtra. The company started its operations in 2020 and is based in Mumbai. This IPO helps the company acquire fresh machinery setups. The company will use the fresh issue money to expand regular operating facilities. It also wants to fund incremental working capital requirements. Investors can now track the demand for these shares through the subscription status and the interest of different buyer categories.
Anchor Investor Allocation
Anchor investors are big institutions that buy shares before the public. The Book Running Lead Manager finalised the allocation of 16,18,000 Equity Shares to Anchor Investors at Rs. – per share.
| Anchor Investor Details | |
|---|---|
| Bid Date | – |
| Shares Offered | – |
| Anchor Portion (₹ Cr.) | – |
| Anchor lock-in period end date for 50% shares (30 Days) | – |
| Anchor lock-in period end date for remaining shares (90 Days) | – |
| Sr. | Anchor | Group Entity | Shares Allotted | Amt (₹ cr.) | % Allocated | % Allotment of Issue |
|---|---|---|---|---|---|---|
Disclaimer: This information is for educational purposes only. Always seek advice from a qualified financial professional before making investment choices.
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