IPO Synopsis

Spinaroo Commercial Ltd

Registered Office: Jalan Ind.Complex Gate-1 Right,Lane-6 P.O. Jangalpur Begri, Howrah - 711411, West Bengal, India. Phone : +91 96747 03249   Fax: Email : compliance@spino.co.in Website :www.spino.co.in

Initial public offer of 19,94,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Spinaroo Commercial Limited (The "Company" or the "Issuer") for cash at a price of Rs. 51/- per equity share, including a share premium of Rs. 41/- per equity share (The "Issue Price"), aggregating to Rs. 10.17 crores ("The Issue"), of which 1,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 51/- per equity share, aggregating to Rs. 0.51 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Peservation Portion"). The issue less market maker reservation portion i.e. issue of 18,94,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 51/- per equity share, aggregating to Rs. 9.66 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 28.51% and 27.08% respectively of the post issue paidup equity share capital of the Company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 51/- each i.e., 5.10 times of the face value of the equity shares. The minimum lot size is 2,000 equity shares. Issue Opens On Closes On 28-Mar-25 03-Apr-25 Money Payable On Application Allotment 51.00 0.00 Minimum Application for shares in Nos : 2000 Further Multiples of : 2000 Cr Lead Managers to the Issue Project Cost (.Cr) 9.13 Finshore Management Services Ltd Project Financed through Current Offer (.Cr) 10.17   Post Issue Equity Share Capital (.Cr) 6.99 Issue Price () 51.00

Projects

Working Capital Requirements General Corporate Purposes

Promoted By

Amit Sultania

Aditya Todi

Mridula Todi

Listing At

BSE - SME

Registrar to the Issue

No Data Available