Spinaroo Commercial IPO offers 19,94,000 fresh shares worth ₹10.17 Cr to meet working capital needs and general corporate purposes.
Open Date : March 28, 2025 Close Date : April 3, 2025 Allotment Date: April 4, 2025 Listing Date: April 8, 2025
IPO Price: ₹51 per share Lot Size: 2000 Shares Total Issue Size: ₹10.17 crores
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.
Spinaroo Commercial IPO Comparison: 1. Spinaroo Commercial Limited does not have a directly comparable listed peer.
Spinaroo Commercial IPO Objective: 1. ₹7.13 Cr for working capital. 2. Remaining for acquisitions, branding & upgrades.
Spinaroo Commercial IPO Risks: 1. Negative cash flows in recent fiscals. 2. High competition may impact margins. 3. Heavy reliance on few key clients.