Siddhi Cotspin IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Fri, 19 Sep 2025
Close Date
Tue, 23 Sep 2025
Price Band
₹ 102 – 108
Lot Size
1200
Issue Size
₹ 69.85 Cr
Minimum Investment
₹ 259,200 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Siddhi Cotspin IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹69.85 Crore, comprising a fresh issue of 46.20 Lakh equity shares aggregating to ₹49.90 Crore and an offer for sale (OFS) of 15.24 Lakh equity shares aggregating to ₹16.46 Crore by the existing shareholders.
The Siddhi Cotspin IPO remained open for subscription from September 19, 2025, to September 23, 2025. The basis of allotment was finalized on September 24, 2025, and the company's shares were listed on NSE SME Platform on September 26, 2025.
The company had fixed the price band at ₹102 to ₹108 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹259,200 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Swastika Investmart Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Siddhi Cotspin Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Siddhi Cotspin IPO Timeline (Tentative)
- IPO Open Date
- Fri, 19 Sep 25
- IPO Close Date
- Tue, 23 Sep 25
- Basis of Allotment
- Wed, 24 Sep 25
- Initiation of Refunds
- Thu, 25 Sep 25
- Credit of Shares to Demat
- Thu, 25 Sep 25
- Listing Date
- Fri, 26 Sep 25 — NSE & BSE
Open Date
19 September 2025
Close Date
23 September 2025
Basis Of Allotment
24 September 2025
Listing Date
26 September 2025
IPO Subscription
Check Live Subscription →The Siddhi Cotspin IPO has received bids for 2,48,31,600 shares against 58,20,000 shares offered, resulting in an overall subscription of 4.27x. the NII category is subscribed 6.19x, Retail Investors 1.5x, and QIBs 17.53x. Within the NII category, BNII is subscribed 9.89x, while SNII is subscribed 0.96x.
QIB
17.53x
NII
6.19x
BNII
9.89x
SNII
0.96x
RII
1.5x
Total
4.27x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 38,71,200 shares, representing 66.52% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 6,14,400 shares (10.56%), while Non-Institutional Investors (NIIs) receive 13,34,400 shares (22.92%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 614,400 | 10.56% |
| Non-Institutional | 1,334,400 | 22.92% |
| BNII | 781,600 | 13.43% |
| SNII | 552,000 | 9.49% |
| Retail Investors | 3,871,200 | 66.52% |
| Total | 5,820,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Siddhi Cotspin Limited KPI Information
| Particular | KPI as of Mon, Mar 31, 2025 |
|---|---|
| ROE % | 17.95 |
| ROCE % | 14.88 |
| Debt / Equity | 0.84 |
| RoNW % | 16.47 |
| Pat Margin % | 1.81 |
Peers Comparison
| 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 |
About Siddhi Cotspin Limited
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.
Siddhi Cotspin IPO Promoters
- Mr. Navin Saraogi
- Mr. Aansh Rajesh Bindal
Promoters Holding
Holding Pre Issue
85.57%
Holding Post Issue
65.56%
Siddhi Cotspin IPO Objective
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
Siddhi Cotspin Limited Address / 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/
IPO Snapshot
Siddhi Cotspin IPO Lot Size
The Siddhi Cotspin IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,59,200 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,59,200.
| 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 |
Issue Reservation
- QIB — 10.56%
- NII — 22.92%
- RII — 66.52%
Book Running Lead Managers
- Swastika Investmart Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Siddhi Cotspin IPO?
Siddhi Cotspin IPO is a Book-building IPO with a total issue size of ₹69.85 crore. The Siddhi Cotspin IPO price band is ₹102 to 108 per share. The Siddhi Cotspin IPO subscription opens on Fri, Sep 19, 2025, and closes on Tue, Sep 23, 2025. The Siddhi Cotspin IPO will be listed on the NSE. KFin Technologies Limited is the registrar for the Siddhi Cotspin IPO.
When will the Siddhi Cotspin IPO open for subscription?
The Siddhi Cotspin IPO opens on Fri, Sep 19, 2025 and closes on Tue, Sep 23, 2025
What is Siddhi Cotspin IPO Price Band?
Siddhi Cotspin IPO Price Band is ₹102 to 108 per share.
What is Siddhi Cotspin IPO Lot Size?
Siddhi Cotspin IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹259200 based on the upper price band
What is the minimum investment for Siddhi Cotspin IPO?
The minimum investment for Siddhi Cotspin IPO is ₹259200, based on one lot of 1200 shares at the upper price band of ₹108 per share.
How to apply for Siddhi Cotspin IPO?
Investors can apply for the Siddhi Cotspin IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Sep 23, 2025. The application amount remains blocked until the Siddhi Cotspin IPO allotment is finalized.
What is Siddhi Cotspin IPO Issue Size?
Siddhi Cotspin IPO issue size is ₹69.85 crores.
What is the Siddhi Cotspin IPO Allotment Date?
Siddhi Cotspin IPO allotment date is Wed, Sep 24, 2025.
Who is the Siddhi Cotspin IPO Registrar?
The registrar for Siddhi Cotspin IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Siddhi Cotspin IPO allotment status, refund processing, and other IPO-related information.
Who is the Siddhi Cotspin IPO Lead Manager?
The book-running lead managers (BRLMs) for the Siddhi Cotspin IPO are Swastika Investmart Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Siddhi Cotspin IPO Red Herring Prospectus (RHP).