Spinaroo Commercial IPO

Spinaroo Commercial IPO offers 19,94,000 fresh shares worth ₹10.17 Cr to meet working capital needs and general corporate purposes.

Important Details

Open Date : March 28, 2025 Close Date : April 3, 2025 Allotment Date: April 4, 2025 Listing Date: April 8, 2025

Important Details

IPO Price: ₹51 per share Lot Size: 2000 Shares Total Issue Size: ₹10.17 crores

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Fundamental Analysis

Spinaroo Commercial IPO shows mixed performance: 1. Revenue dipped in FY24. 2. PAT and EPS improving. 3. RoNW on the rise. 4. Equity up, debt down.

Peer Comparison

Spinaroo Commercial IPO Comparison: 1. Spinaroo Commercial Limited does not have a directly comparable listed peer.

Objective

Spinaroo Commercial IPO Objective: 1. ₹7.13 Cr for working capital. 2. Remaining for acquisitions, branding & upgrades.

Risks And Challenges

Spinaroo Commercial IPO Risks: 1. Negative cash flows in recent fiscals. 2. High competition may impact margins. 3. Heavy reliance on few key clients.