New Delhi, April 8 -- Spinaroo Commercial share price made a positive debut on BSE SME today. Spinaroo Commercial share price today opened at Rs.52.85, which is 3.63% higher than the issue price of Rs.51.

Spinaroo Commercial IPO commenced for subscription on Friday, March 28, and concluded on Thursday, April 3. The IPO price range has been set at Rs.51 per equity share, with a face value of Rs.10 each. Bids are allowed for a minimum of 2,000 equity shares and can be made in multiples of 2,000 equity shares thereafter.

Established on August 17, 2012, Spinaroo Commercial Limited focuses on manufacturing aluminum foil containers, aluminum household foil, paper cups, paper plates, paper bowls, and semi-processed materials for paper cups, in...