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 opens for subscription on Sep 19, 2025 and closes on Sep 23, 2025. The allotment for the Siddhi Cotspin IPO is expected to be finalized on Sep 24, 2025. Siddhi Cotspin IPO will list on NSE SME with a tentative listing date fixed as Sep 26, 2025.
Siddhi Cotspin IPO price band is set at ₹102.00 to ₹108.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,59,200.00 (2,400 shares) (based on upper price). The minimum lot size investment for 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 Date | September 19, 2025 to September 23, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹102 to ₹108 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 64,68,000 shares (aggregating up to ₹69.85 Cr) |
| Reserved for Market Maker | 3,24,000 shares Jevin Stock Broker Private Limited (aggregating up to ₹3.50 Cr) |
| Fresh Issue (Ex Market Maker) | 46,20,000 shares (aggregating up to ₹49.90 Cr) |
| Offer for Sale | 15,24,000 shares of ₹10 (aggregating up to ₹16.46 Cr) |
| Net Offered to Public | 61,44,000 shares (aggregating up to ₹66.36 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,94,62,491 shares |
| Share Holding Post Issue | 2,44,06,491 shares |
Siddhi Cotspin IPO offers total 64,68,000 shares. Out of which 6,14,400 (9.50%) allocated to QIB, 16,58,400 (25.64%) allocated to NII, 38,71,200 (59.85%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 3,24,000 (5.01%) |
| QIB Shares Offered | 6,14,400 (9.50%) |
| NII (HNI) Shares Offered | 16,58,400 (25.64%) |
| Retail Shares Offered | 38,71,200 (59.85%) |
| Total Shares Offered | 64,68,000 (100.00%) |
Siddhi Cotspin IPO opens on September 19, 2025, and closes on September 23, 2025.
| IPO Open Date | Fri, Sep 19, 2025 |
| IPO Close Date | Tue, Sep 23, 2025 |
| Tentative Allotment | Wed, Sep 24, 2025 |
| Initiation of Refunds | Thu, Sep 25, 2025 |
| Credit of Shares to Demat | Thu, Sep 25, 2025 |
| Tentative Listing Date | Fri, Sep 26, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Sep 23, 2025 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 market capitalization of Siddhi Cotspin IPO is ₹263.59 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| 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 Rs | 6.72 | 5.36 |
| P/E (x) | 16.06 | 20.15 |
The Company Siddhi Cotspin IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 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 |
[Dilip Davda] SCL is engaged in the manufacturing and selling various value-added cotton yarns. The company posted growth in its top and bottom lines for the reported periods. It is operating in a highly competitive and fragmented segment. Based on its recent financial data, the IPO appears aggressively priced. Well-informed investors may park moderate funds for long term. Read detail review...
Siddhi Cotspin Ltd.
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/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: scpl.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Siddhi Cotspin IPO is a SME IPO of 64,68,000 equity shares of the face value of ₹10 aggregating up to ₹69.85 Crores. The issue is priced at . The minimum order quantity is 1200.
The IPO opens on September 19, 2025, and closes on September 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 September 19, 2025 and closes on September 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 Thursday, September 25, 2025. Check the Siddhi Cotspin IPO allotment status.
The Siddhi Cotspin IPO listing date is not yet announced. The tentative date of Siddhi Cotspin IPO listing is Friday, September 26, 2025.
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