Siddhi Cotspin IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 102 – 108
Lot Size
1200
Issue Size
₹69.85 Cr
Minimum Investment
₹259200 (2400 Shares)
Listing Date
26 September 2025
Subscription
4.27x
About the Company
Siddhi Cotspin Limited
Incorporated in 2015, Siddhi Cotspin Limited is engaged in the manufacturing and sale of cotton yarns, including value-added and specialty yarns. The company offers a wide portfolio of premium yarns such as Compact Carded and Combed Hosiery, Compact Weaving Yarns, Carded and Combed Yarns, Eli Yarns (KW & CW), Slub and Siro Slub Yarns, Lycra-Core Spin Yarns (Spandex), and TFO Double Yarns, among others. These products are known for their strength, durability, and superior finish, catering to diverse customer requirements.
Siddhi Cotspin supplies its products to textile manufacturers, garment exporters, and distributors, with a strong emphasis on quality, reliability, and timely delivery. Over the years, the company has established long-term relationships with its customers by consistently meeting their evolving needs.
The company operates a modern manufacturing facility located in Dholi, Ahmedabad, Gujarat, with a total installed spinning capacity of 29,376 spindles. The unit has an annual production capacity of approximately 90.12 lakh kgs of cotton yarn and 270.36 lakh kgs of value-added yarns. Equipped with advanced, automated machinery, the facility ensures high productivity and consistent quality output. A skilled technical team oversees every stage of the spinning process, supported by modern technology and stringent quality controls, from raw material procurement to finished goods.
In line with its commitment to responsible manufacturing, Siddhi Cotspin also follows sustainable practices, including waste minimization, energy conservation, and reduction of environmental impact.
Promoters
- Mr. Navin Saraogi
- Mr. Aansh Rajesh Bindal
Promoters Holding
Holding Pre Issue
85.57%
Holding Post Issue
65.56%
Objects of the Issue
The Company Siddhi Cotspin IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding the working capital requirements
- Repayment or prepayment of all or a portion of certain outstanding borrowings
- General Corporate Purposes
Address / Contact Info
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/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 19 September 2025
IPO Close Date
Tuesday, 23 September 2025
Basis of Allotment
Wednesday, 24 September 2025
Initiation of Refunds
Thursday, 25 September 2025
Credit of Shares to Demat
Thursday, 25 September 2025
Listing Date
Friday, 26 September 2025 — NSE & BSE
Important Dates
Open Date
19 September 2025
Close Date
23 September 2025
Basis Of Allotment
24 September 2025
Listing Date
26 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 182.83 | 181.25 | 184.13 |
| Revenue | 724.66 | 581.18 | 199.88 |
| Profit After Tax | 13.08 | 12.18 | 6.02 |
| Net Worth | 79.44 | 66.36 | 54.18 |
| Reserve & Surplus | 59.98 | 46.9 | 49.75 |
| Total Borrowings | 67.11 | 90.58 | 113.78 |
EPS Pre
6.72%
EPS Post
5.36%
P/E Pre
16.06
P/E (Post Issue)
20.15x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon, Mar 31, 2025 |
|---|---|
| ROE % | 17.95 |
| ROCE % | 14.88 |
| Debt / Equity | 0.84 |
| RoNW % | 16.47 |
| PbW | 0 |
| Pat Margin % | 1.81 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 614400 | 10.56 | 0 |
| Non-Institutional | 1334400 | 22.92 | 0 |
| BNII | 781600 | 13.43 | 0 |
| SNII | 552000 | 9.49 | 0 |
| Retail Investors | 3871200 | 66.52 | 0 |
| Total | 5820000 | 100 | 0 |
Subscription Status ( Tue, 23 Sep 25 01:59 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 614400 | 10772400 | 17.53x |
| Non-Institutional | 1334400 | 8256000 | 6.19x |
| BNII | 781600 | 7728000 | 9.89x |
| SNII | 552000 | 528000 | 0.96x |
| Retail Investors | 3871200 | 5803200 | 1.5x |
| Total | 5820000 | 24831600 | 4.27x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Siddhi Cotspin Limited | 10 | 0.00 | 0.00 | 3.14 | 11.10 | 28.30 |
| Lagnam Spintex Limited | 10 | 8.94 | 0.00 | 5.53 | 10.35 | 53.36 |
| Pashupati Cotspin Ltd | 10 | 37.96 | 0.00 | 2.69 | 3.69 | 72.88 |
| United Polyfab Gujarat Ltd | 10 | 29.28 | 0.00 | 2.56 | 8.60 | 30.40 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 259,200.00 |
| Retail (Max) | 2 | 2,400 | 259,200.00 |
| S-HNI (Min) | 3 | 3,600 | 388,800.00 |
| S-HNI (Max) | 7 | 8,400 | 907,200.00 |
| B-HNI (Min) | 8 | 9,600 | 1,036,800.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- Swastika Investmart Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Siddhi Cotspin IPO is a Book-building IPO worth ₹69.85 crores. The price band is ₹102 to 108 per share. The IPO opens on Fri, Sep 19, 2025 and closes on Tue, Sep 23, 2025. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Siddhi Cotspin IPO opens on Fri, Sep 19, 2025 and closes on Tue, Sep 23, 2025
Siddhi Cotspin IPO Price Band is ₹102 to 108.
Siddhi Cotspin IPO lot size is 1200, and the minimum amount required for application is ₹259200.
The minimum investment for Siddhi Cotspin IPO is approximately ₹259200 based on the upper price band.
To apply for the Siddhi Cotspin IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Sep 23, 2025. After submission, funds are blocked until the basis of allotment of Siddhi Cotspin IPO is finalised.
Siddhi Cotspin IPO issue size is ₹69.85 crores.
Siddhi Cotspin IPO allotment date is Sat, Jun 27, 2026.
The registrar for Siddhi Cotspin IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Siddhi Cotspin IPO through their official website or helpline.