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Siddhi Cotspin Limited

Siddhi Cotspin Limited has launched its IPO through the book-building route, aiming to raise a total of ₹69.85 crore. The issue comprises a fresh issue of 0.49 crore shares aggregating to ₹53.40 crore and an offer for sale (OFS) of 0.15 crore shares aggregating to ₹16.46 crore. The IPO bidding opened on September 19, 2025, and closed on September 23, 2025, with allotment finalized on September 24, 2025. The shares were listed on the NSE SME segment on September 26, 2025.

The IPO is priced in the band of ₹108 per share, with a lot size of 1,200 shares. For retail investors, the minimum investment is ₹2,59,200 for 2,400 shares at the upper price. High-net-worth individuals (HNIs) can apply for a minimum of 3 lots (3,600 shares), amounting to ₹3,88,800.

The company has appointed Swastika Investmart Ltd. as the Book Running Lead Manager, Kfin Technologies Ltd. as the Registrar, and Jevin Stock Broker Private Limited as the Market Maker for the issue. These intermediaries ensure smooth IPO processing, allotment, and post-listing support for investors.

Overall, the IPO provides an opportunity to participate in the growth of Siddhi Cotspin Ltd., a company specializing in value-added and specialty cotton yarns, with advanced manufacturing facilities, a diversified product portfolio, and long-standing relationships with textile manufacturers, garment exporters, and distributors.

Siddhi Cotspin Limited IPO & Charts
₹108

0%

Open

₹108

HIgh - Low

₹108

Previous Close

₹108

Total Traded Value

0

52 Weeks High

₹108

52 Weeks Low

₹108

Updates On

Sept 15, 2025

IPO. Open

Sep 19, 2026

IPO. Close

Sep 23, 2026

IPO. Price

₹108.00

IPO Market price

₹263.59 Cr

IPO Details

IPO Date 26 Sep
IPO Listing Date 26 Sep
IPO Face Value ₹10.00 per share
IPO Price Range ₹108.00
IPO Issue Size 64,68,000 shares
IPO Sale Type Fresh Capital & OFS
Employee Discount -
IPO Issue Type Bookbuilding IPO
IPO Listing NSE SME Platform
hare Holding Pre Issue 1,94,62,491 shares

IPO Reservation

IPO Open Date 19 Sep
IPO Close Date 23 Sep
IPO Allotment (Tentative) 24 Sep
Refunds 25 Sep
Credit to Demat Account 25 Sep
IPO Listing Date 26 Sep

IPO Timetable

Category Offer
QIB Shares Offered 6,14,400 Shares
NII (HNI) Shares Offered 16,58,400 Shares
Retail Shares Offered 38,71,200 Shares

IPO Lot Size

Investors can bid for a minimum of 2,400 shares, with additional shares to be purchased in multiples of 1,200.

Application Lots Share Amount
Retail (Min) 2 2,400 ₹2,59,200
Retail (Max) 2 2,400 ₹2,59,200
S-HNI (Min) 3 3,600 ₹3,88,800
S-HNI (Max) 7 8,400 ₹9,07,200
B-HNI (Min) 8 9,600 ₹10,36,800
About Company

Incorporated in 2015, Siddhi Cotspin is engaged in the manufacture and sale of cotton yarns, including a wide range of value-added and specialty yarns. The company’s portfolio includes Compact Carded and Combed Hosiery, Compact Weaving Yarns, Carded and Combed Yarns, Eli Yarns (KW & CW), Slub and Siro Slub Yarn, Lycra-Core Spin Yarn (Spandex), and TFO Double Yarn, which enhances strength and durability.

Siddhi Cotspin supplies its products to textile manufacturers, garment exporters, and distributors, focusing on quality, reliability, and timely delivery. Over the years, the company has established strong, long-term relationships with its customers, ensuring recurring business and sustained growth.

The company operates a manufacturing facility in Dholi, Ahmedabad, Gujarat, with a total spinning capacity of 29,376 spindles. The unit has an annual production capacity of approximately 90,11,850 kgs of cotton yarn and 2,70,35,550 kgs of value-added yarns. The facility is equipped with advanced automated machinery, ensuring high productivity and consistent quality. A skilled technical team oversees the entire spinning process, maintaining strict quality control from raw material procurement to the final product. The company also follows sustainable practices by minimizing waste, conserving energy, and reducing environmental impact.

Strengths:

Experienced promoter and management team

High-quality production standards

Strong and diversified supplier base

Optimal utilization of resources

Long-standing relationships with customers

Siddhi Cotspin Ltd. reported a 25% increase in revenue and a 7% rise in profit after tax (PAT) for the financial year ended March 31, 2025, compared to the year ended March 31, 2024.

Company Financials (Consolidated)

Assets 182.83 181.25 184.13
Total Income 724.66 581.18 199.88
Profit After Tax 13.08 12.18 6.02
EBITDA 32.87 34.72 25.1
NET Worth 79.44 66.36 54.18
Reserves and Surplus 59.98 46.9 49.75
Total Borrowing 67.11 90.58 113.78

Key Performance Indicator (KPI)

ROE 17.95%
ROCE 14.88%
Debt/Equity 0.84
RoNW 16.47%
PAT Margin 1.81%
EBITDA Margin 4.54%
Price to Book Value 2.65
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries -
2 To meet out the expenses of Working Capital Requirement 25.1
3 To meet out the General Corporate Purposes; 13.16
4 Offer for Sale (OFS) -

Contact Details

Siddhi Cotspin Ltd. Address
Survey 279 & 280, Unit No.13, Sub Plot No. 18
Sector 3 of Dholi Integrated Spinning Park,
Ahmedabad, Gujarat, 382240
Phone: 91 70690 08810
Email: cs@siddhicotspin.com
Website: http://www.siddhicotspin.com/

Detail Registrar

IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
scpl.ipo@kfintech.com

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