Siddhi Cotspin IPO Details
Siddhi Cotspin IPO Summary
Siddhi Cotspin IPO opens for subscription on 19 Sep 2025 and closes on 23 Sep 2025.The IPO will be listed on NSE with the tentative listing date set for 26 Sep 2025.
Siddhi Cotspin IPO price band has been fixed at ₹102 – ₹108 per share. The face value is ₹10 per share with a lot size of 1200.
Siddhi Cotspin IPO total issue size comprises 64,68,000 shares (aggregating up to ₹69.85 Cr). This includes a fresh issue of 49,44,000 shares (aggregating up to ₹49.90 Cr). Offer for Sale consists of 15,24,000 shares (aggregating up to ₹16.46 Cr). Pre-issue shareholding stands at 1,94,62,491, which will increase to 2,44,06,491 post-issue.
Siddhi Cotspin IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Siddhi Cotspin IPO Lot Size :Individual Minimum is 2 lots (2,400 shares) amounting to ₹259,200. Individual Maximum is 2 lots (2,400 shares) amounting to ₹259,200. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹388,800. SHNI Maximum is 7 lots (8,400 shares) amounting to ₹907,200. BHNI Minimum is 8 lots (9,600 shares) amounting to ₹1,036,800.
The Lead Managers for Siddhi Cotspin IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Swastika Investmart Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Jevin Stock Broker Pvt Ltd. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Siddhi Cotspin Limited RHP.
Siddhi Cotspin IPO Details
Siddhi Cotspin IPO Subscription
Siddhi Cotspin IPO Application Wise Breakup
Siddhi Cotspin IPO Dates
- 19 Sep 2025Opening dateOpen
- 23 Sep 2025Closing dateClose
- 24 Sep 2025Allotment Date Allotment
- 25 Sep 2025Initiation of RefundsRefund
- 25 Sep 2025Credit of SharesCredit
- 26 Sep 2025Listing dateListing
Siddhi Cotspin IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 2400 | ₹259,200 |
| Individual Maximum | 2 | 2400 | ₹259,200 |
| SHNI Minimum | 3 | 3600 | ₹388,800 |
| SHNI Maximum | 7 | 8400 | ₹907,200 |
| BHNI Minimum | 8 | 9600 | ₹1,036,800 |
Siddhi Cotspin IPO Reservation
Promoter Holding
Documents
Siddhi Cotspin IPO Valuations
Siddhi Cotspin Financial Information
| 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 | |||
About Siddhi Cotspin IPO
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
- Experienced Promoter and Management Team
- Best Quality Standard
- Strong and diversified supplier base
- Optimal Utilization of Resources
- Long-standing relationships with our customers
Strength Of Siddhi Cotspin IPO
1. Experienced Promoter and Management Team.
2. Quality Standards.
3. Strong and diversified supplier base for sourcing raw materials.
4. Optimal Utilization of Resources.
5. Long-standing relationships with our customers.
Risk Of Siddhi Cotspin IPO
1. There are outstanding legal proceedings involving the Company, Promoters, Directors, and Group Companies. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
2. The company does not own its registered office.
3. Substantial portion of its revenues has been dependent upon few customers, with which the company does not have any firm commitments. The loss of any one or more of its major customers would have a material adverse effect on its business, cash flows, results of operations and financial condition.
4. Its business is vulnerable to variations in demand for cotton yarn and changes in consumer preferences, which could have an adverse effect on its business, results of operations and financial condition.
5. The Company has not entered into any fixed or long term contracts with its customers and the company will operates on the basis of orders received on hand. Inability to maintain regular order flow would adversely impact its revenues and profitability.
6. The company does not maintain long-term contracts with its third-party suppliers, and its business may be adversely affected by a shortfall in supply, or increase in price of materials.
7. Its Restated Financial Statements are prepared and signed by the Peer Review Auditor who is not Statutory Auditors of the Company as required under the provisions of SEBI ICDR Regulations 2018.
8. The company faces competition, including from other large and established competitors, and the company may fail to compete successfully against existing or new competitors, which may reduce the demand for its Product which may lead to reduced prices, operating margins, profits and further result in decline in revenue.
9. Its business is operating under various laws which require the company to obtain approvals from the concerned statutory/regulatory authorities in the ordinary course of business and its inability to obtain, maintain or renew requisite statutory and regulatory permits and approvals for its business operations could materially and adversely affect its business, prospects, results of operations and financial condition.
10. Its operations are subject to high working capital requirements. The company's inability to maintain an optimal level of working capital required for its business may impact the company's operations adversely.
Objectives Siddhi Cotspin IPO
1. Funding the working capital requirements of our Company
2. Repayment or prepayment of all or a portion of certain outstanding borrowings
3. General Corporate Purposes
Company Contact Details
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/
Registrar Contact Details
Siddhi Cotspin FAQs
The Siddhi Cotspin IPO is a SME public issue comprising 6468000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹69.85 Cr. The issue price has been fixed at ₹108 per equity share, and the minimum application size is 1200 shares.
The IPO opens for subscription on 19 Sep 2025, and closes on 23 Sep 2025.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE
As of now, the current GMP stands at ₹0 (0%).
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