₹ 102000
₹51- ₹51
2000
₹53
4
3 Apr 2025
Download7 Apr 2025
8 Apr 2025
Application Details
Spinaroo Commercial IPO is a fixed price issue of Rs 10.17 crores. The issue is entirely a fresh issue of 19.94 lakh shares.
Spinaroo Commercial IPO opens for subscription on March 28, 2025 and closes on April 3, 2025. The allotment for the Spinaroo Commercial IPO is expected to be finalized on Friday, April 4, 2025. Spinaroo Commercial IPO will be list on BSE SME with a tentative listing date fixed as Tuesday, April 8, 2025.
Spinaroo Commercial IPO price is ₹51 per share. The minimum lot size for an application is 2000. The minimum amount of investment required by retail investors is ₹1,02,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹2,04,000.
About Spinaroo Commercial Limited (SME IPO)
Incorporated on August 17, 2012, Spinaroo Commercial Limited specializes in manufacturing aluminum foil containers, aluminum home foils, paper cups, paper plates, and paper bowls. The company also processes semi-finished materials for paper cup production, including coating, printing, and blanking. Additionally, it provides paper cup-related machinery such as high-speed paper cup-making machines, flexo printing machines, and automatic roll die-cutting machines, offering end-to-end support.
Spinaroo Commercial ensures high-quality products made from superior raw materials, manufactured under expert supervision for optimal performance, competitive pricing, and timely delivery. Its business operations are divided into three segments: Manufacturing, which focuses on aluminum and paper-based food-grade products; Trading, which involves selling processed raw materials for paper cups and other items; and Job Work, which provides specialized services like coating, shaping, and printing tailored to client needs.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.