IPO IPO-Synopsis
Spinaroo Commercial Ltd

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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 Rs10/- each ("Equity Shares") of Spinaroo Commercial Limited (The "Company" or the "Issuer") for cash at a price of Rs51/- per equity share, including a share premium of Rs41/- per equity share (The "Issue Price"), aggregating to Rs10.17 crores ("The Issue"), of which 1,00,000 equity shares of face value of Rs10/- each for cash at a price of Rs51/- per equity share, aggregating to Rs0.51 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 Rs10/- each for cash at a price of Rs51/- per equity share, aggregating to Rs9.66 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 Rs10/- each and the issue price is Rs51/- each i.e., 5.10 times of the face value of the equity shares. The minimum lot size is 2,000 equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Mar-25 03-Apr-25 Rs51.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  Rs Cr Lead Managers to the Issue
Project Cost 9.13
Finshore Management Services Ltd
Project Financed through Current Offer 10.17  
Post Issue Equity Share Capital 6.99  
Issue Price Rs51.00  
Projects
Working Capital RequirementsGeneral Corporate Purposes
Promoted By
Amit Sultania
Aditya Todi
Mridula Todi
Listing At
BSE - SME 
Registrar to the Issue
Cameo Corporate Services Ltd