Spinaroo Commercial IPO GMP: Experts’ Views in 2025

Spinaroo Commercial IPO GMP is ₹0 as of 27th March 2025. The IPO will open for bidding on 28th March 2025 and is set to close on 3rd April 2025. It is an entirely fresh issue of 19,94,000 shares worth ₹10.17 crore. The fixed price for Spinaroo Commercial IPO is set at ₹51 per share. Investors can bid for a minimum lot of 2,000 shares worth ₹1,02,000. 

Spinaroo Commercial IPO Details

Explanation

Spinaroo Commercial IPO: Spinaroo Commercial Limited has declared an issue price of ₹51 per share. With this IPO, the company allows retail investors to bid for at least one lot of 2,000 shares worth ₹1,02,000. The face value of Spinaroo Commercial Ltd.’s share is ₹10 per share. The shares of Spinaroo Commercial Limited, a paper and packaging product manufacturer, will be listed on BSE & SME on its tentative listing day, 8th April 2025. Scroll down to check GMP updates and Spinaroo Commercial IPO reviews. 

Spinaroo Commercial IPO GMP Grey Market Premium

As of 27th March 2025, Spinaroo Commercial IPO GMP stands at ₹0 per share. Thus, the estimated listing price would be ₹51 (51+0). This indicates that the estimated listing gain in this IPO could be 0.00%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table below to learn about recent Spinaroo Commercial IPO GMP updates.

Objectives of Spinaroo Commercial IPO

Spinaroo Commercial Limited proposed to utilise the proceeds from the fresh issue in the following objectives. 

• General corporate purposes. 
• Repayment of certain borrowings. 
• Working capital requirements.

Spinaroo Commercial IPO Registrar 

Spinaroo Commercial IPO is set to open on 28th March 2025 and raise ₹10.17 crore. Finshore Management Services Limited is the registrar waiting to manage allotment and refund procedures. Moreover, Cameo Corporate Services Limited is the book-running lead manager of this IPO.

Spinaroo Commercial IPO Review

The Spinaroo Commercial IPO has gained positive ratings from industry experts, brokers, and institutional investors. During FY23- 24, the revenue of Spinaroo Commercial Limited stood at ₹53.19 crore, which decreased by 21.52% to ₹41.21 crore in FY24 -25. On the other hand, the PAT of the company was raised by 50.53% from ₹0.93 crore to ₹1.40 crore.

Most analysts recommend avoiding this IPO to safeguard your diversifying investment portfolio in the stock market. However, we’re waiting for further ratings to have a better idea and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for this IPO or not.

Spinaroo Commercial IPO Technical Analysis

The PE ratio of Spinaroo Commercial Limited is 18.21. This is the pre-issue PE ratio. The post-issue PE ratio would be 29.01. 

FAQs on Spinaroo Commercial IPO

1. How is Spinaroo Commercial IPO GMP?

Ans. Currently, on 27th March 2025, Spinaroo Commercial IPO GMP (Grey Market Premium) stands at ₹0 (0.00 % up). This indicates that the estimated listing price could be ₹51 per share. It is an entirely fresh issue of 19,94,000 shares worth ₹10.17 crore.

2. What is the price of Spinaroo Commercial IPO?

Ans. The Spinaroo Commercial IPO price has been set at ₹51 per share. Retail investors can apply for a minimum and maximum of 1 lot consisting of 2,000 shares worth ₹1,02,000. Moreover, NIIs are required to bid for a minimum of 2 lots (4,000 shares) worth ₹2,04,000.

3. Who is the registrar of Spinaroo Commercial IPO?

Ans. Finshore Management Services Limited is the registrar of Spinaroo Commercial IPO, and it is waiting to manage the IPO allotment procedure and refund initiation. For any query regarding Spinaroo Commercial IPO GMP, allotment, and refund, you can contact Finshore Management Services Limited at ramakrishna@finshoregroup.com or +91-33-22895101. 

Disclaimer: The above information is accumulated from authentic sources and is just for informational purposes. To have detailed information about Spinaroo Commercial IPO, download the Spinaroo Commercial IPO RHP and Spinaroo Commercial IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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Disclaimer: This is for general information and education purposes only. The Securities quoted (if any) are for illustration only and are not recommendatory. Past performance does not guarantee any future returns. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.