Shreedhar Spinners SME IPO Review | APPLY or AVOID?
Shreedhar Spinners Limited started in 2020. It operates in the Textiles & Apparels industry and provides compact spun cotton yarn to its customers across Maharashtra. This business is based in Mumbai. This IPO review covers the main facts of the offer. It helps you decide if the issue fits your portfolio. Updated Review will be available soon.
✅ Strengths
⚠️ Challenges
Financial Update
The company released its restated financial statements for the year ending March 31, 2026. Total revenue was ₹146.55 crore increased from ₹134.43 in previous year. The net profit for the same period was ₹6.17 crore increased from ₹3.42 in previous year. Assets increased by 68.21% compared to the previous year. Updated Review will be available soon.
IPO Valuation
The upper price band is ₹53. This price leads to a Price-to-Earnings (P/E) ratio of 18.41. The average P/E for the industry is –. Updated Review will be available soon.
IPO Objective
Company will use Offer proceeds to meet stated objectives:
- Finance additional daily operational material costs
- Buy additional spinning production machines
- Manage generic management overhead expenses
Promoters & Lead Manager
- Shreedhar Cotsyn Private Limited, Dharmendra Mohandas Goyal, Vishal Agarwal, Sunita Dharmendra Goyal, Pooja Agarwal and Varesh Goyal
- Marwadi Chandarana Intermediaries Brokers Pvt.Ltd is the IPO Lead Manager
- MUFG Intime India Pvt.Ltd. is the Registrar of the IPO.
Peer Comparison
Below is the comparison of the company with its listed peers using data from March 28, 2025. Updated Review will be available soon.
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Shreedhar Spinners Limited | 4.03 | 4.03 | 19.01 | 20.74 | Standalone | ||
| AB Cotspin India Limted | 6.06 | 6.06 | 69.15 | 33.69 | 8.65 | 2.96 | Standalone |
| Siddhi Cotspin Limited | 4.38 | 4.38 | 55.82 | 6.39 | 7.08 | 0.51 | Standalone |
Financial data sourced from annual reports and stock exchange data, using restated financial statements for 2024-25. NAV per share (closing net worth divided by weighted average number of paid-up equity shares) and RoNW (net profit after tax divided by closing net worth).
IPO Review & Analyst Rating
Updated Review will be available soon.
| Analyst Name | Recommendation |
|---|---|
Disclaimer: The information on the site is informational only. The contents of this blog are not financial advice. You should not invest in any stock market instrument without consulting your Financial advisor.
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