Spinaroo Commercial IPO share allotment likely today: Check status, listing date and other details

Spinaroo Commercial received subdued response from investors for its IPO as the issue was subscribed just over 1x. The company will finalise the share allotment process later today. Investors can check Spinaroo Commercial IPO allotment status through BSE and also via the registrar's website.

Firstly, here's how you check Spinaroo Commercial IPO allotment on BSEStep 1: Visit the BSE Website (https://www.bseindia.com/investors/appli_check.



aspx)Step 2: Please select the issue name, that is the company's name in the drop down.Step 3: Enter the application number or PAN number to check the allotment status.Check Spinaroo Commercial IPO allotment through Cameo Corporate Services Step 1: Visit the Cameo Corporate Services website (https://ipostatus1.

cameoindia.com/)Step 2: Select Spinaroo Commercial IPOStep 3: Enter the PAN details and click search to know the statusWhat is the latest Spinaroo Commercial GMPSpinaroo Commercial GMP on allotment day is at Rs 0, reflecting a premium of 0% over the issue price. The listing is scheduled on April 8.

Spinaroo Commercial IPO detailsThe company will be raising around Rs 10 crore through the IPO. The company has offered 19.94 lakh shares in a completely fresh equity sale at Rs 51 apiece.

Spinaroo Commercial: Business overviewThe company manufactures aluminium foil containers, aluminium home foil, paper cups, plates, and bowls. It also produces semi-processed materials for paper cups, such as coated, printed, and cut paper.Additionally, the company offers a variety of paper cup-making machines, including high-speed paper cup machines, flexo printing machines, and automatic roll die-cutting machines, along with complete support.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times).