Mumbai, January 10, 2026
Shreedhar Spinners Limited has filed draft offer documents for its proposed initial public offering, marking its first move to access the public markets. The IPO will consist entirely of a fresh issue of up to 58,00,000 equity shares with a face value of ₹10 each, with the final issue size to be determined after price discovery.
Issue Structure and Capital Details
The public issue is structured through a book-building mechanism. Post-issue, the equity base will expand from the current 1,56,50,000 equity shares to a higher level depending on final allotment. The issue also includes a reservation for a market maker, while the remaining shares will be offered to public investors across institutional, non-institutional, and individual categories.| Particulars | Details |
|---|---|
| Equity shares outstanding before issue | 1,56,50,000 |
| Fresh issue size | Up to 58,00,000 shares |
| Face value | ₹10 per share |
| Offer type | Fresh issue only |
Utilisation of Proceeds
The company plans to deploy the net proceeds primarily to support business expansion and operational efficiency.| Purpose | Amount (₹ lakh) |
|---|---|
| Incremental working capital | 2,103.52 |
| Machinery purchase at Amravati facility | 472.88 |
| General corporate purposes | Balance amount |
Promoter Shareholding
Prior to the IPO, the promoters and promoter group collectively hold 96.55 percent of the company’s equity. Post-issue, their holding will dilute in line with the fresh equity issuance.| Promoter | Pre-issue holding (%) |
|---|---|
| Shreedhar Cotsyn Private Limited | 92.65 |
| Individual promoters and family | Balance |
Business Overview
Shreedhar Spinners operates in the cotton spinning segment with an integrated manufacturing setup. The company caters to a broad customer base across the textile value chain, supported by modern infrastructure and a cost-efficient production model. Its manufacturing facility is located in Amravati, Maharashtra, offering logistical and operational advantages.Management and Background
Originally incorporated in December 2020 as a private entity, the company transitioned into a public limited structure in November 2025. Dharmendra Mohandas Goyal serves as Chairman and Managing Director, supported by a management team with experience in textile manufacturing and operations.About the Company
Shreedhar Spinners Limited is an India-based cotton spinning company engaged in the manufacture of yarn for domestic textile applications. The company operates from its registered office in Mumbai and a manufacturing facility in Maharashtra, serving customers across the textile value chain.Source:
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