Spinaroo Commercial IPO Date, Price, GMP, Review

IPO Analysis > 72

Details of Spinaroo Commercial IPO 2025

It’s time to welcome one more entrant to the Stock Market called the Spinaroo Commercial. The bidding for this IPO has begun on 28th of March 2025 and the timeline ended on 3rd April 2025. They are entering the stock market with an anticipation of Rs 10.17 crores of which a total of Rs 19.94 lakh are fresh issues. Dive in to know much more details about the IPO and absorb deeper insights about its further details to make an informed decision on buying this.

Schedules of Spinaroo Commercial IPO 2025

Here we present to you the list of dates pertaining to the IPOs released by the Spinaroo.

DATE	EVENT
28th March 2025	Starting date of IPO subscription
3rd April 2025	Closing date of IPO subscription
	Deadline for UPI Mandate
4th April 2025	Date of share allotment
7th April 2025	Date of refund initiation
7th April 2025	Date of share credit
8th April 2025	IPO listing date
3rd April 2025	Last date for UPI Mandate end
	Lock-in end date for anchor investors (50%)
	Lock-in end date for the remaining 50% anchor investors

Please be informed that the above-mentioned dates are tentative and are subject to change.

Note:

Note that the Book Running Lead Manager of this IPO is Finshore Management Services Limited, and the Registrar is Cameo Corporate Services Limited. The market maker for the issue is Black Fox Financial Private Limited.

Lock-in Period details

SHARE DETAILS	LOCK-IN DURATION
First 50% Shares – anchor lock-in period	30-days
Remaining 50% Shares	90-days

Details of this allotment status can be checked on the registrar website, to note.

Company profile

Spinaroo Commercial is fundamentally into manufacturing of aluminum foil containers and home foils. Besides, they also produce a range of paper-based items including paper plates, bowls, paper coating/printing and blanking. In addition to making these produces, they also offer a wide range of paper machineries, flexo printing machines, die-cutting automated machines, etc. that make them a holistic supplier for a range of businesses.

They claim to make the best use of raw materials hand-picked to be of very high quality. Being present in the industry since 2012, their expertise is matchless with the guidance of industry experts they closely work with, internally.

Lot Size of Spinaroo Commercial IPO

Spinaroo Commercial anticipates a total worth of Rs 10.17 Crore as above-mentioned. The issue price of each share is Rs 51 while its Face value is Rs 10 per share. They have fixed the lot size to be of 2000 shares. The total number of shares allotted is 19,94,001 of which 47.49% counting to 9,47,000 is allotted to NII while 47.49% which is of equal count is reserved to RII. When it comes to bidding, bidders are welcome to bid for 2000 and its multiples.

INVESTOR TYPE	LOTS	SHARES	VALUE
Retail Investors (Min)	1	2000	₹1,02,000
Retail Investors (Max)	1	2000	₹1,02,000
HNIs	2	4000	₹ 2,04,000

INVESTOR TYPE	SHARES COUNT	PERCENTAGE OF SHARES
Market Maker Shares Offered	1,00,000	5.02%
Other share types	9,47,000	47.49%
Retail Shares	9,47,000	47.49%
Total Share count	1,94,001	100%

Scope of this sector

This sector is indeed a potential one for the main reason being the use of paper products. Being use-and-throw items, they are constantly in use and the recurrence of need is eternal. Until now, there is no other products on par with the utility of such paper items as produced by Spinaroo. This evidently showcases its potential in the market.

Objectives of Spinaroo Commercial

This sum of equity capital shall be strategized to improve the overall business processes especially in these two aspects:

EQUITY CAPITAL (in millions)	OBJECTIVES OF FUND
71.28%	Working capital requirements
20	General corporate purposes

As an investor, if you are looking to embark on IPO investments, you’re most welcome! This is going to be super easy if you get your demat account opened! If this sounds very new to you, and you feel so left, worthy not! The process is easy-peasy! Clicking on this link will tour you through the process of sequence of steps to get into the stock market investments.