Bookbuilding IPO | ₹70 Cr | Listed at NSE SME | Fri, Sep 19, 2025 - Tue, Sep 23, 2025
Siddhi Cotspin IPO is a book build issue of ₹69.85 crores. The issue is a combination of fresh issue of 0.49 crore shares aggregating to ₹53.40 crores and offer for sale of 0.15 crore shares aggregating to ₹16.46 crores.
Siddhi Cotspin IPO bidding started from Sep 19, 2025 and ended on Sep 23, 2025. The allotment for Siddhi Cotspin IPO was finalized on Sep 24, 2025. The shares got listed on NSE SME on Sep 26, 2025.
Siddhi Cotspin IPO price band is set at ₹108 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,59,200 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,88,800.
Swastika Investmart Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Jevin Stock Broker Private Limited.
Refer to Siddhi Cotspin IPO RHP for detailed Information.
IPO Open
Fri, Sep 19, 2025
IPO Close
Tue, Sep 23, 2025
Issue Price
₹108 per share
Market Cap (Pre-IPO)
₹263.59 Cr
| IPO Date | 19 to 23 Sep, 2025 |
| Listed on | Fri, Sep 26, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹102 to ₹108 |
| Issue Price | ₹108 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 64,68,000 shares (agg. up to ₹70 Cr) |
| Reserved for Market Maker | 3,24,000 shares Jevin Stock Broker Private Limited (agg. up to ₹3 Cr) |
| Fresh Issue (Ex Market Maker) | 46,20,000 shares (agg. up to ₹50 Cr) |
| Offer for Sale | 15,24,000 shares of ₹10 (agg. up to ₹16 Cr) |
| Net Offered to Public | 61,44,000 shares (agg. up to ₹66 Cr) |
| Share Holding Pre Issue | 1,94,62,491 shares |
| Share Holding Post Issue | 2,44,06,491 shares |
| NSE Symbol | SIDDHICOTS |
| ISIN | INE0SVO01019 |
Siddhi Cotspin IPO comprises a total issue size of 64,68,000 shares. The net offer to the public is 61,44,000 shares, after excluding 3,24,000 shares allotted on a firm basis. Of the Net offer 6,14,400 (10.00%) are allocated to QIB, 16,58,400 (26.99%) allocated to NII 38,71,200 (63.01%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 6,14,400 | 10.00% | 9.50% |
| NII (HNI) Shares Offered | 16,58,400 | 26.99% | 25.64% |
| − bNII > ₹10L | 11,05,200 | 17.09% | |
| − sNII < ₹10L | 5,53,200 | 8.55% | |
| Retail Shares Offered | 38,71,200 | 63.01% | 59.85% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,24,000 | 5.01% | |
| Total Shares Offered | 64,68,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,59,200 |
| Individual investors (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 |
Incorporated in 2015, Siddhi Cotspin is engaged in manufacturing and selling cotton yarns, including value-added and specialty yarns. The company offers a wide range of value-added cotton yarns, including 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, among others. In addition, we manufacture TFO Double Yarn, which adds strength and durability.
It supply products to textile manufacturers, garment exporters, and distributors, focusing on quality, reliability, and timely delivery. Over time, we have built strong and long-term customer relationships
It has a manufacturing facility in Dholi, Ahmedabad, Gujarat, with a total spinning capacity of 29,376 spindles. The unit has an annual production capacity of about 90,11,850 kgs of cotton yarn and 2,70,35,550 for value-added yarns. The manufacturing facility is equipped with advanced, automated machinery that ensures high productivity and consistent quality. A skilled technical team oversees the spinning process using modern technology and strict quality controls at every stage, from raw material to final product. We also follow sustainable practices by minimizing waste, conserving energy, and reducing environmental impact.
Strengths
Siddhi Cotspin Ltd.'s revenue increased by 25% and profit after tax (PAT) rose by 7% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| 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 | 25.10 |
| NET Worth | 79.44 | 66.36 | 54.18 |
| Reserves and Surplus | 59.98 | 46.90 | 49.75 |
| Total Borrowing | 67.11 | 90.58 | 113.78 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of our Company | 25.10 |
| 2 | Repayment or prepayment of all or a portion of certain outstanding borrowings | 8.97 |
| 3 | General Corporate Purposes | 13.16 |
| KPI | Mar 31, 2025 |
|---|---|
| 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 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.72 | 5.36 |
| P/E (x) | 16.06 | 20.15 |
| Promoter Holding | 85.57% | 65.56% |
| Market Cap | ₹263.59 Cr. |
The Siddhi Cotspin IPO is subscribed 4.21 times on September 23, 2025 6:19:08 PM (Day 3). The public issue subscribed 1.50 times in the individual investors category, 17.53 times in the QIB category, and 5.94 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 17.53 | 6,14,400 | 1,07,72,400 | 6 |
| NII* | 5.94 | 13,34,400 | 79,32,000 | 157 |
| bNII (bids above ₹10L) | 9.47 | 7,81,600 | 74,04,000 | |
| sNII (bids below ₹10L) | 0.96 | 5,52,000 | 5,28,000 | |
| Individual Investors | 1.50 | 38,71,200 | 58,03,200 | 2,418 |
| Total | 4.21 | 58,20,000 | 2,45,07,600 | 2,581 |
Total Application : 2,581
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manger Fees | 0.25 |
| 2 | Fees Payable to Registrar to the Offer | 0.01 |
| 3 | Fees Payable to Legal Advisors | 0.02 |
| 4 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 0.10 |
| 5 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | 0.05 |
| 6 | Fees payable to Peer Review Auditor | 0.01 |
| 7 | Fees Payable to Market Maker (for Three Years) | 0.12 |
| 8 | Others (Fees payable for marketing & distributing expenses, selling commission, brokerage, processing fees, underwriting fees and miscellaneous expenses. | 7.50 |
| 9 | Escrow Bank Fees | 0.01 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹108.00 |
| Open | ₹86.40 |
| Low | ₹82.10 |
| High | ₹86.40 |
| Last Trade | ₹82.10 |
Lead Manager Reports
Siddhi Cotspin IPO is a SME IPO of 64,68,000 equity shares of the face value of ₹10 aggregating up to ₹70 Crores. The issue is priced at ₹108 per share. The minimum order quantity is 1200.
The IPO opens on Fri, Sep 19, 2025, and closes on Tue, Sep 23, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Siddhi Cotspin IPO using UPI as a payment gateway. Zerodha customers can apply in Siddhi Cotspin IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Siddhi Cotspin IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Siddhi Cotspin IPO opens on Fri, Sep 19, 2025 and closes on Tue, Sep 23, 2025.
Siddhi Cotspin IPO lot size is 1200, and the minimum amount required for application is ₹2,59,200, with 2 lots being the minimum application size.
You can apply in Siddhi Cotspin IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Siddhi Cotspin IPO will be done on Wednesday, September 24, 2025, and the allotted shares will be credited to your demat account by Thu, Sep 25, 2025. Check the Siddhi Cotspin IPO allotment status.
The Siddhi Cotspin IPO listing date is on Fri, Sep 26, 2025.
