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Spinaroo Commercial IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Kolkata and caters to Aluminium sector. Finshore Management Services is the merchant banker of Spinaroo Commercial IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st November 2024.
Spinaroo Commercial IPO open date is 28th March 2025 and close date is 3rd April 2025. IPO Allotment Date is 4th April 2025 and Listing date is 8th April 2025.
IPO
Size:
₹ 10.17 Cr.
Avg IPO Size (Sector Based)
: ₹
23.86 cr.
Sector: Aluminium
SME IPO so far:
9
Merchant Banker:
Finshore Management
SME IPO by BRLM so far:
48
City:
Kolkata
SME IPO so far:
69
Revenue (annualised):
₹
42.04
cr. 
PE
Ratio:
29.01x
Average Sector PE Ratio: 18.64x
Spinaroo Commercial IPO size is ₹ 10.17 Cr. with IPO price of ₹ 51.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Finshore Management Services Limited is the book-running lead manager of the Spinaroo Commercial IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Black Fox Financial Private Limited for Spinaroo Commercial IPO.
Spinaroo Commercial IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Spinaroo Commercial IPO, based in Kolkata, operates in the Aluminium sector with a focus on manufacturing of aluminum foil containers, aluminum home foil, paper cups, paper plates, paper bowls. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Spinaroo Commercial IPO size is ₹ 10.17 Cr. with fresh issue size of ₹ 10.17 Cr. and Offer for sale being Nil
The IPO allotment date for Spinaroo Commercial IPO is expected to be 4th April 2025, after the finalization of basis of allotment. Investors can check Spinaroo Commercial IPO allotment status on the registrars website, Cameo Corporate Services Limited. Spinaroo Commercial IPO refund dates are 7th April 2025.
Spinaroo Commercial IPO is expected to be listed on 8th April 2025.
The upper price band for the Spinaroo Commercial IPO is set at ₹ 51.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Spinaroo Commercial IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Spinaroo Commercial IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd April 2025. After submission, funds are blocked until the basis of allotment of Spinaroo Commercial IPO is finalised.
The merchant banker for Spinaroo Commercial IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Spinaroo Commercial IPO RHP for further details.
The registrar for Spinaroo Commercial IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Spinaroo Commercial IPO through their official website or helpline.
Spinaroo Commercial IPO was subscribed 1.52 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 10.17 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.86 Cr.
Sector: Aluminium
SME IPO so far:
9
Merchant Banker:
Finshore Management
SME IPO by BRLM so far:
48
City:
Kolkata
SME IPO so far:
69
Revenue (annualised):
₹ 42.02 cr.
PE
Ratio:
29.01x
Average Sector PE Ratio: 18.64x
Spinaroo Commercial IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Spinaroo Commercial Financial Review Page
Merchant Banker(s) of Spinaroo Commercial IPO: Finshore Management Services Limited
Spinaroo Commercial IPO subscription was 1.52 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Spinaroo Commercial IPO listed at a listing price of 52.85 against the offer price of 51.00.
The current market price of Spinaroo Commercial is 76.81.
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