Spinaroo Commercial Limited, incorporated on August 17, 2012, specializes in manufacturing aluminum foil containers, aluminum home foil, paper-based products like cups, plates, and bowls, as well as semi-processed materials for paper cups, including coating, printing, and blanking. The company also supplies paper cup machinery, such as high-speed cup-making machines, flexo printers, and automatic roll die-cutters, delivering end-to-end solutions. Their high-quality products, crafted from premium materials under expert supervision, ensure superior performance, competitive pricing, and on-time delivery tailored to client needs.
The Spinaroo Commercial IPO is a fixed-price offering of ₹10.17 crores, consisting entirely of a fresh issue of 19.94 lakh shares. The subscription window opens on March 28, 2025, and closes on April 3, 2025, with allotment expected by April 4, 2025. The shares are set to list on BSE SME on April 8, 2025, priced at ₹51 per share. Retail investors must apply for a minimum of 2,000 shares (₹1,02,000), while HNIs need to invest in at least two lots (4,000 shares) totaling ₹2,04,000.
Spinaroo Commercial IPO Details
| IPO Date | March 28, 2025 to April 3, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price | ₹51 per share |
| Lot Size | 2,000 Shares |
| Total Issue Size | Approx ₹10.17 Crores |
| Fresh Issue | Approx ₹10.17 Crores |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 50,00,000 shares |
| Share Holding Post Issue | 69,94,000 shares |
Spinaroo Commercial IPO Dates
Spinaroo Commercial’s IPO subscription window opens on March 28, 2025, and closes on April 3, 2025.
| IPO Open Date | Fri, Mar 28, 2025 |
| IPO Close Date | Thu, Apr 3, 2025 |
| Tentative Allotment | Fri, Apr 4, 2025 |
| Refunds | Mon, Apr 7, 2025 |
| Credit of Shares to Demat | Mon, Apr 7, 2025 |
| IPO Listing Date | Tue, Apr 8, 2025 |
| UPI Mandate Confirmation Deadline | 5 PM on April 3, 2025 |
Spinaroo Commercial IPO Market Lot
The Spinaroo Commercial IPO has a minimum lot size of 2,000 shares, with an application value of ₹1,02,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹1,02,000 |
| Retail Maximum | 1 | 2000 | ₹1,02,000 |
| S-HNI Minimum | 2 | 4000 | ₹2,04,000 |
