New Delhi, June 23 -- Shreedhar Spinners initial public offering (IPO) has opened for subscription on Tuesday, 23 June. The Rs.30.68 crore SME IPO will remain open till Thursday, 25 June.

Established in 2020, Maharashtra-based Shreedhar Spinners is engaged in the production of 100% compact spun cotton yarn, offering counts ranging from Ne 10s to Ne 40s. The company operates a spinning unit at Amravati Textile Park, equipped with 28,608 spindles and an annual installed capacity of 10,000 metric tonnes.

Its products are supplied to textile manufacturers for a wide range of knitting and weaving applications, including apparel, denim, bed linen, socks, furnishing fabrics, and industrial textiles. Shreedhar Spinners primarily serves business...