Registered Office:
Jalan Ind.Complex Gate-1 Right,Lane-6 P.O. Jangalpur Begri,
Howrah
-
711411,
Phone : +91 96747 03249
Fax : NA
Initial public offer of 19,94,000 equity shares of face value of (Rs) 10/- each ("Equity Shares") of Spinaroo Commercial Limited (The "Company" or the "Issuer") for cash at a price of (Rs) 51/- per equity share, including a share premium of (Rs) 41/- per equity share (The "Issue Price"), aggregating to (Rs) 10.17 crores ("The Issue"), of which 1,00,000 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 51/- per equity share, aggregating to (Rs) 0.51 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 (Rs) 10/- each for cash at a price of (Rs) 51/- per equity share, aggregating to (Rs) 9.66 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 (Rs) 10/- each and the issue price is (Rs) 51/- each i.e., 5.10 times of the face value of the equity shares.
The minimum lot size is 2,000 equity shares.
Opens On
Closes On
Application
Allotment
28-Mar-25
03-Apr-25
51.00-0.00
0.00-0.00
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