The Spinaroo Commercial IPO Allotment Status is available now. The IPO subscription had started on March 28, 2025, and ended on April 3, 2025, Thursday. The allotment was released on April 4, 2025, Friday, after the basis of allotment finalized. The investors who applied for the IPO will be able to check the Spinaroo Commercial IPO on the Cameo Corporate Services Limited website or the BSE website.
The Spinaroo Commercial IPO saw an overall subscription of 1.52 times. Market Makers fully subscribed to their 1,00,000 shares. Non-Institutional Buyers (NIBs) subscribed 1.84 times, bidding for 17,38,000 shares against 9,47,000 offered, with a total bid value of ₹8.86 crore. Retail Investors subscribed 1.2 times, bidding for 11,40,000 shares, amounting to ₹5.81 crore. In total, the IPO received 28,78,000 bids for 18,94,001 shares, with 713 applications submitted.
The Spinaroo Commercial SME IPO has a last reported GMP of ₹0. With a price band of ₹51, the estimated listing price remains ₹51, indicating no expected gain or loss per share.
Overview of Contents
Spinaroo Commercial IPO Dates
| Subscription Opening | March 28, 2025 (Friday) |
| Subscription Closing | April 3, 2025 (Thursday) |
| Expected Allotment Finalization | April 4, 2025 (Friday) |
| Refund Processing Begins | April 7, 2025 (Monday) |
| Demat Account Share Credit | April 7, 2025 (Monday) |
| Projected Listing Date | April 8, 2025 (Tuesday) |
| UPI Mandate Deadline | April 3, 2025, by 5 PM |
How to Check Spinaroo Commercial IPO Allotment Status?
Investors who applied for Spinaroo Commercial IPO can check their allotment status through 4 different methods: Cameo Corporate Services Limited website , BSE, Demat Account, and Bank Account. Follow the steps below to check your IPO allotment status.
| Cameoindia: | Cameoindia IPO Allotment Page |
| BSE: | BSE IPO Allotment Page |
| EMI | IPO Allotment Page |
Step 1: How to Check Spinaroo Commercial IPO Allotment Status on CameoIndia?
- Visit the Cameo IPO allotment page.
- Select ‘Spinaroo Commercial IPO’ from the list of IPOs.
- Choose your search criteria: Application Number, PAN, or DP ID.
- Enter the required details and the captcha code.
- Click ‘Submit’ to view your allotment status.
Step 2: How to Check Spinaroo Commercial IPO Allotment Status on BSE?
- Visit the BSE IPO allotment page.
- Select ‘Spinaroo Commercial IPO’ from the list of IPOs.
- Choose your search criteria: Application Number, PAN, or DP ID.
- Enter the required details and captcha code.
- Click ‘Search’ to display your allotment status.
Step 3: How to Check Spinaroo Commercial IPO Allotment in Your Demat Account?
- Log in to your Demat or trading account.
- Navigate to the holdings or portfolio section.
- Check if ‘Spinaroo Commercial IPO’ shares are credited to your account.
- If allotted, the shares will be visible in your holdings.
Step 4: How to Check Spinaroo Commercial IPO in Your Bank Account?
- Log in to the bank account used for the IPO application.
- Review your account statement or transaction history.
- If shares are allotted, the IPO amount will be debited from your account.
- If not allotted, the blocked amount will be released, and you may receive an SMS or email notification regarding the refund.
About Company
Spinaroo Commercial Limited, incorporated on August 17, 2012, engages in manufacturing aluminum foil containers, home foils, paper cups, plates, bowls, and semi-processed materials used in paper production, such as coated and printed paper. The company also supplies machinery for the paper cup industry, including high-speed paper cup-making machines, flexo printing machines, and automatic roll die-cutting machines.
Operating from two manufacturing units in the Jalan Industrial Complex, Kolkata, Howrah, it serves clients across 12 states and two Union Territories, including West Bengal, Tripura, Chhattisgarh, Bihar, Jharkhand, Assam, and Odisha. By sourcing raw materials from trusted vendors and maintaining strict quality control, the company ensures high product standards.
Spinaroo Commercial reports revenue of ₹41.21 crores in 2024, compared to ₹53.19 crores in 2023. Its net profit rises to ₹1.40 crores in 2024 from ₹0.93 crores in 2023. The company strengthens its position in the market through efficient manufacturing, experienced leadership, and a focus on research and innovation. With a commitment to quality and customer satisfaction, it continues to expand its presence and build long-term business relationships.