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Shreedhar Spinners Limited

Shreedhar Spinners Ltd. is a textile company engaged in manufacturing compact spun cotton yarn in various counts, mainly used for knitting and weaving applications. Its large manufacturing facility in Amravati, Maharashtra, operates continuously with modern spinning technology and has a production capacity of 5,500 metric tonnes per year supported by 18,240 spindles. The company produces high-quality yarn used in products like apparel, denim, towels, bed linen, and industrial fabrics, using raw cotton as its main input. It operates on a B2B model, supplying yarn to textile manufacturers, exporters, traders, and fabric processors, mainly in Maharashtra, ensuring timely delivery and consistent quality. The company holds key certifications for quality, environmental management, and safety, and maintains strict quality control through an in-house team and advanced testing equipment to ensure efficiency and reduce wastage.

₹50 - ₹53GMP ₹0Open
GMPFlat
Est. Listing Price₹53
Peer Comparison-Financial performance and valuation from the IPO detail feed
Financial Performance

AB Cotspin India Limted

NAV/Share (₹)69.15
RONW(%)8.65
EPS (Basic) (₹)6.06

Shreedhar Spinners Limited

NAV/Share (₹)19.01
RONW(%)20.74
EPS (Basic) (₹)4.03

Siddhi Cotspin Limited

NAV/Share (₹)55.82
RONW(%)7.08
EPS (Basic) (₹)4.38
Valuation

AB Cotspin India Limted

P/E(X)33.69
CMP* (₹)204.16
Face value (₹)10.00

Shreedhar Spinners Limited

P/E(X)13.44
CMP* (₹)53.00
Face value (₹)10.00

Siddhi Cotspin Limited

P/E(X)6.39
CMP* (₹)28.00
Face value (₹)10.00