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Open
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Close
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Allotment
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Listing
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Issue Size
92,25,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 56.99 | 29.28 | 26.50 |
| Total Income | 86.19 | 51.04 | 36.38 |
| Profit After Tax | 10.44 | 2.37 | 0.72 |
| EBITDA | 18.41 | 6.20 | 3.57 |
| NET Worth | 16.57 | 6.13 | 3.75 |
| Reserves and Surplus | 15.23 | 4.79 | 2.42 |
| Total Borrowing | 32.55 | 21.45 | 21.19 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shreedhar Spinners Ltd. | SME | ₹30.68 Cr | ₹53 | 13.44 | ₹57.10 | +7.74% | ₹90.05 (-3.69%) |
| Harikanta Overseas Ltd. | SME | ₹24.30 Cr | ₹91 | 14.66 | ₹75.77 | -16.74% | ₹74.49 (-1.18%) |
| Yajur Fibres Ltd. | SME | ₹120.41 Cr | ₹174 | 23.49 | ₹132.25 | -23.99% | ₹37.39 (+2.02%) |
| K K Silk Mills Ltd. | SME | ₹28.50 Cr | ₹38 | 12.12 | ₹30.40 | -20.00% | ₹10.01 (-2.34%) |
| Game Changers Texfab Ltd. | SME | ₹54.84 Cr | ₹102 | 10.58 | ₹109.35 | +7.21% | ₹95.75 (-1.29%) |
| Sihora Industries Ltd. | SME | ₹10.56 Cr | ₹66 | 13.14 | ₹66.50 | +0.76% | ₹59.00 (+0.00%) |
| Siddhi Cotspin Ltd. | SME | ₹69.85 Cr | ₹108 | 16.06 | ₹82.10 | -23.98% | ₹28.55 (+0.35%) |
| Rachit Prints Ltd. | SME | ₹19.50 Cr | ₹149 | 11.85 | ₹113.25 | -23.99% | ₹204.00 (-0.07%) |
| Alpine Texworld Ltd. | Mainboard | ₹126.25 Cr | ₹105 | 12.68 | ₹99.75 | -5.00% | ₹85.54 (-4.99%) |
| Kusumgar Ltd. | Mainboard | ₹650.00 Cr | ₹419 | 44.8 | ₹602.80 | +43.87% | ₹601.35 (-1.30%) |
| Aastha Spintex Ltd. | Mainboard | ₹170.00 Cr | ₹136 | 18.78 | ₹136.49 | +0.36% | ₹102.62 (-0.58%) |
| Shree Ram Twistex Ltd. | Mainboard | ₹110.24 Cr | ₹104 | 38.21 | ₹71.40 | -31.35% | ₹40.28 (+0.20%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure towards the procurement of machinery for the upgradation of the existing manufacturing facility | 12.99 |
| 2 | Repayment or pre-payment, in part or full of all or certain borrowings availed by the Company | 25.89 |
| 3 | General corporate purposes | |
| Total | 38.87 |
About Decent Spinners IPO
Incorporated in May 1990, Decent Spinners Limited is a blanket manufacturing company engaged in the production and supply of Mink Blankets, Cloudy Blankets, and Semi-Cloudy Blankets under the "Decent Blankets" brand. The company primarily operates in the B2B segment, serving distributors, traders, wholesalers, and institutional buyers across domestic and international markets. The company operates an integrated manufacturing facility in Karnal, Haryana, equipped with over 500 machines, covering knitting, printing, dyeing, washing, finishing, and packaging processes. Apart from blankets, the company also manufactures shoddy yarn and trades polyester yarn, diversifying its revenue streams. Decent Spinners commenced blanket manufacturing in 2021 and has expanded into premium blanket categories while also entering export markets such as Nepal, Oman, and Yemen. As of March 31, 2026, the company employed 59 full-time employees. Key Strengths: Established textile manufacturer with over three decades of industry presence. Integrated blanket manufacturing facility with advanced machinery. Strong product portfolio comprising Mink, Cloudy, and Semi-Cloudy blankets. Growing export presence acr
Contact Details
Decent Spinners Ltd. AddressV.P.O KOHANDGharundaKarnal, Haryana, 132114+91 9992226959cs@decentspinnerslimited.comVisit Website