Spinaroo Commercial IPO

BSELot: 2000

LISTEDSME
Issue Price51
Listing52.85
Current47
Price Band
51 - ₹51
Lot Size
2,000
Issue Size
₹10.17 Cr
GMP
0
Subscription
0.16x

IPO Schedule

1
Open
28 Mar
2
Close
3 Apr
3
Allotment
-
4
Listing
8 Apr

About Spinaroo Commercial

Spinaroo Commercial is an SME focused on [Placeholder: Insert specific industry and business activities here, e.g., trading in textile products and providing related services]. They aim to expand their operations and working capital through this IPO.

Subscription Status

QIB
0.00x
NII
0.02x
Retail
0.30x
CategoryDay 4Day 3Day 2Day 1
QIB0.00x0.00x0.00x0.00x
NII1.84x0.02x0.02x0.02x
Retail1.20x0.60x0.34x0.30x
Total1.52x0.31x0.18x0.16x

Risk Factors

Small issue size and SME listing may lead to higher volatility and lower liquidity post-listing.
Dependence on specific suppliers or customers (Placeholder: Needs confirmation and elaboration).
Competition from larger, more established players in the [Placeholder: Insert industry name] sector.
P/E ratio of 18.21 may be relatively high compared to peers (Placeholder: Requires peer comparison for accurate assessment).
Limited operating history (Placeholder: If applicable, mention limited operating history).