Spinaroo Commercial IPO

₹1,02,000/2000 shares

Minimum Investment

IPO Details

Open Date

28 Mar 25

Close Date

03 Apr 25

Minimum Investment

₹1,02,000

Lot Size

2000

Price Range

₹51 to ₹51

Listing Exchange

BSE

Issue Size

₹10.17 Cr

Listing Date

08 Apr 25

Open Free Demat Account

Spinaroo Commercial IPO Timeline

Bidding Start

28 Mar 25

Bidding Ends

03 Apr 25

Allotment Finalisation

04 Apr 25

Refund Initiation

07 Apr 25

Demat Transfer

07 Apr 25

Listing

08 Apr 25

Spinaroo Commercial Limited

Spinaroo Commercial Limited, established on August 17, 2012, specializes in manufacturing aluminum foil containers, home foils, paper cups, plates, bowls, and semi-processed materials for paper products. It also offers high-speed paper cup-making machines, flexo printing machines, and automatic roll die-cutting machines, ensuring comprehensive support. The company focuses on quality, competitive pricing, and timely delivery. Its business segments include manufacturing, trading, and job work, offering processing, printing, and coating services. As of October 31, 2024, the company employs 35 people.

SWOT Analysis of Spinaroo Commercial IPO

Strength and Opportunities

Dual manufacturing units enhance production efficiency.
Experienced leadership drives strategic growth.
Dedicated R&D team fosters innovation.
Commitment to quality assurance builds customer trust.
Long-term client relationships encourage repeat business.
Backward integration optimizes supply chain efficiency.

Risks and Threats

Dependence on key customers may impact revenue stability.
Regulatory changes in the paper industry could affect operations.
Fluctuations in raw material costs may impact profitability.
Intense competition from larger, established players.
Limited brand visibility compared to industry leaders.
Vulnerability to technological changes in manufacturing processes.

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About Spinaroo Commercial Limited IPO

Spinaroo Commercial IPO Key Financials (in ₹ lakhs)

Particulars	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	1905.28	1947.62	1782.45
Revenue	4083.68	5312.50	4744.43
Profit After Tax	140.05	93.06	51.89
Reserves and Surplus	502.92	362.86	269.81
Total Borrowings	751.74	843.48	899.43

Spinaroo Commercial IPO Strengths

Dual manufacturing units enhance efficiency and streamline production operations.

Experienced leadership ensures growth through strategic decision-making.

R&D team drives innovation, improving efficiency and product quality.

Strict quality assurance ensures high standards and reliability.

Strong client relationships foster trust and encourage repeat business.

Backward integration optimizes supply chain and reduces dependency costs.

Spinaroo Commercial Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	2.80
Price/Earnings (P/E) Ratio	TBD
Return on Net Worth (RoNW)	23.23%
Net Asset Value (NAV)	12.06
Return on Equity	23.23%
Return on Capital Employed (ROCE)	37.58%
EBITDA Margin	6.48%
PAT Margin	3.40%
Debt to Equity Ratio	1.25

Peer Group Comparison

As per the DRHP, there are no comparable listed peer of the company and therefore information related to peer is not provided

Objectives of the Proceeds

To meet working capital requirements, ₹712.84 lakhs

To meet general corporate expense, ₹200 lakhs

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3Enter Number of Lots and your Price.

4Enter UPI ID

5Complete Transaction on Your UPI App