Spinaroo Commercial Limited was established in the year 2012.
It manufactures aluminum foil containers, home foils, and paper products. Additionally, it supplies semi-finished materials and machinery for paper cup production.
The primary goal of the IPO is to meet working capital needs and support general corporate activities.
Spinaroo Commercial IPO Key Details
IPO bidding will start on 28 Mar 2025 and will close on 3 Apr 2025.
IPO issue price has been fixed at ₹51 with a lot size of 2000 shares.
The minimum investment required for retail investor is ₹1,02,000 & for HNI investor is ₹2,04,000.
Retail Investor can apply only 1 Lot and HNI Investor can apply minimum 2 Lots.
The IPO is a fresh issue with a offer size of 19.94 Lakh shares worth ₹10.17 Crores.
The shares will be Alloted in DEMAT account on 4 Apr 2025.
The Shares will be listed on BSE SME on 8 Apr 2025 for trading.
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Spinaroo Commercial – Financial Status
Profit & Loss
| Particulars | 2022 | 2023 | 2024 |
| Revenue | ₹47.58 Cr. | ₹53.19 Cr. | ₹41.21 Cr. |
| EBITDA | ₹2.17 Cr. | ₹2.19 Cr. | ₹2.65 Cr. |
| PAT | ₹0.52 Cr. | ₹0.93 Cr. | ₹1.40 Cr. |
Balance Sheet
| Particulars | 2022 | 2023 | 2024 |
| Total Liabilities | ₹8.99 Cr. | ₹8.43 Cr. | ₹7.52 Cr. |
| Total Assets | ₹17.82 Cr. | ₹19.48 Cr. | ₹19.05 Cr. |
| Share Capital | ₹1 Cr. | ₹1 Cr. | ₹1 Cr. |
Spinaroo Commercial IPO- SWOT Analysis
Strengths:
- Skilled leadership drives strategic growth and market reach.
- Rigorous quality checks maintain high product standards.
- Two manufacturing units improve efficiency and reduce costs.
- Strong client relationships encourage repeat business and brand loyalty.
Weaknesses:
- Capital-intensive operations elevate financial risks.
- Limited presence in global markets hinders expansion.
- Regulatory hurdles may impact production and expenses.
- Fierce competition from established players poses challenges.
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