Ipo Synopsis

Jalan Ind.Complex Gate-1 Right,Lane-6 P.O. Jangalpur Begri,

Howrah - 711411,

West Bengal, India.

Email :  

Website :  

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.

Minimum Application for shares in Nos : 2000   Further Multiples of : 2000