New Delhi, June 29 -- Shreedhar Spinners IPO share allotment is expected to be finalised today, Monday, 29 June. The SME IPO opened for public subscription on Tuesday, 23 June, and concluded on Thursday, 25 June, with an overall subscription of nearly 7 times.

As the SME IPO concluded on Thursday, share allotment is expected to be finalised on the next business day, Monday, 29 June, as Friday was a holiday on account of Muharram.

Successful bidders can expect the shares to be credited to their demat accounts on Tuesday, 30 June, while unsuccessful bidders will likely receive refunds on the same day. The stock is scheduled for a debut on the NSE SME on Wednesday, 1 July.

Shreedhar Spinners IPO was an entirely fresh issue of 57,88,000 sh...