Shreedhar Spinners IPO
Textiles •
Issue Size
₹31cr
About Shreedhar Spinners
Shreedhar Spinners Limited is engaged in the manufacture of compact spun cotton yarn and operates a manufacturing facility at the Amravati Textile Park in Maharashtra. The company produces cotton yarn in various counts ranging from Ne 10s to Ne 40s using raw cotton bales as its primary raw material. Its yarn products are used in both knitting and weaving applications and cater to end-use segments such as apparel, denim, terry towels, shirting, bed linen, sweaters, socks, furnishing fabrics and industrial fabrics. The company operates exclusively in the business-to-business (B2B) segment and supplies its products to textile manufacturers, yarn exporters, traders and fabric processors. Revenue is generated through the sale of cotton yarn to these customers. The company’s manufacturing operations are supported by in-house testing and quality control processes, while its location in a major cotton-growing region helps in sourcing raw materials for production.
IPO Details
Issue Size
₹31cr
Sector
Textiles
Type
sme
Status
DRHP Filed
Filed Date
Registrar
MUFG Intime India Pvt Ltd
Founded
2020
Headquarters
Founders & Promoters
Mr Dharmendra Mohandas Goyal
Founder(s) / Promoter(s)
Why This IPO? (Purpose)
Documents
DRHP Document (PDF)
View on SEBI website →
Expected Timeline
DRHP Filed —
Draft documents submitted to SEBI
SEBI Observation — Pending
Typically takes 30-75 days
IPO Subscription — TBA
Dates to be announced based on market conditions
Listing — TBA
Expected 6 days after subscription closes