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News Details

( As on 01/07/2026 10:10)

Shreedhar Spinners Ltd. debuts with 2.64% premium at Rs 54.40

Shreedhar Spinners Ltd. makes a strong debut on the bourses with scrip got listed at Rs 54.40 on the Bombay Stock Exchange, a 2.64 per cent premium to its issue price of Rs 53.00. On the National Stock Exchange, the stock was listed at Rs 54.40.

The company, which raised 0.58 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 57.88 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from Jun 23 to Jun 25.

Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the NSE.

The company anticipates using the proceeds of the issue for .

Marwadi Chandarana Intermediaries Brokers Pvt. Ltd as lead managers & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 23,865.75, down 80.50 points, or 0.33 per cent.