Siddhi Cotspin Ltd. IPO: Siddhi Cotspin IPO is a book-made issue of 69.85 crores, with a new issue of ₹ 53.40 crore and a proposal for sale of ₹ 16.46 crore. This SME IPO aims to raise capital for the company’s working capital needs and general corporate purposes.
Siddhi Cotspin Ltd. IPO Overview
The IPO of Siddhi Cotspin Limited is a joint fresh issue and offers for sale. The company is in the textile industry, which specializes in the manufacture and sale of various cotton yarn. The price of the IPO is between ₹ 102 and ₹ 108 per share, which has an inscribed price of ₹ 10.
| Details | Descriptions |
|---|---|
| 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) |
| Fresh Issue | 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) |
| Reserved for Market Maker | 3,24,000 shares aggregating up to ₹3.50 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 Ltd. IPO Schedule
The membership for Siddhi Cotspin IPO opens on September 19, 2025, and will close on 23 September 2025. This allocation will be finalized on September 24, 2025, and shares will be credited for the demat accounts of successful applicants by 25 September 2025.
| Details | Description |
|---|---|
| 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 |
Siddhi Cotspin Ltd. IPO Lot Size Details
The minimum lot size for an application is 1,200 shares. Retail investors must apply for a minimum of two lots (2,400 shares), which requires an investment of ₹2,59,200 at the upper price band. The maximum investment for retail investors is also two lots.
| 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 |
Siddhi Cotspin Ltd. IPO Allocation
The allocation structure for IPOs is as follows: 59.85% problem is reserved for retail individual investors (RIIs), 25.64% for non-institutional investors (NIIs), and 9.50% for qualified institutional buyers (QIBs), while 5.01% for market manufacturer.
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 6,14,400 (9.50%) |
| NII (HNI) Shares Offered | 16,58,400 (25.64%) |
| Market Maker Shares Offered | 3,24,000 (5.01%) |
| Retail Shares Offered | 38,71,200 (59.85%) |
| Total Shares Offered | 64,68,000 (100.00%) |
Siddhi Cotspin Ltd. IPO Promoter Holding
The promoters of Siddhi Cotspin Ltd. are Mr. Navin Saraogi and Mr. Aansh Rajesh Bindal. Their pre-issue shareholding stood at 85.57%. Following the IPO, their combined stake will be reduced to 65.56% of the company.
| Details | Promoter Holding (%) |
|---|---|
| Promoter Holding Pre Issue | 85.57% |
| Promoter Holding Post Issue | 65.56% |
About of Siddhi Cotspin Ltd.
In 2015, Siddhi is engaged in manufacturing and selling cotton yarn including Siddhi Copin, Value Added and special yarn. The company includes compact card and comb hosiery, compact knitting yarn, carded and comb yarn, Elli yarns (KW and CW), Slub and Siro Slub Yarn, Lycra-core Spin Yarn (Spandex), and TFO Double Yarn. In addition, we build TFO double yarn, which adds strength and durability.
It supplies products to textile manufacturers, apparel exporters and distributors, focusing on quality, reliability and timely delivery. Over time, we have created 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 annual production capacity of the unit is about 90,11,850 kg for cotton yarn and price added yarn 2,70,35,550. The manufacturing facility is equipped with advanced, automated machinery that ensures high productivity and coherent quality. A skilled technical team oversees the spinning process using modern technology and strict quality controls from raw materials to final product. We also follow permanent practices by reducing waste, conservation of energy and reducing environmental effects.
Company Financials
Siddhi Cotspin Ltd. Financial Information (Restated Standalone)
The company has shown strong financial growth, in which revenue from revenue has increased from ₹ 199.88 crore to ₹ 724.66 crore in FY25 in FY 23. The profit after tax also increased from ₹ 6.02 crore to the same period, showing concrete performance to 13.08 crores.
| Period Ended | 31-Mar-25 | 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 |
Key Performance Indicator (KPI)
The market cap. of Siddhi Cotspin Ltd. 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 |
Siddhi Cotspin Ltd. 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/
Siddhi Cotspin Ltd. IPO Registrar
Kfin Technologies Ltd.
| Details | Descriptions |
|---|---|
| Phone: | 04067162222, 04079611000 |
| Email: | scpl.ipo@kfintech.com |
| Website: | https://ipostatus.kfintech.com/ |
Siddhi Cotspin Ltd. IPO FAQs
When Siddhi Cotspin Ltd. will open?
The VMS TMT Ltd. IPO will open on September 19, 2025.
What is the lot size of Siddhi Cotspin Ltd.?
The lot size is 1200 shares
How to apply for Siddhi Cotspin Ltd.?
You can apply online through your bank or a broker using either the UPI or ASBA payment methods.
When is Siddhi Cotspin Ltd. allotment
The allotment is expected to be finalized on Tue, Sep 24, 2025.
When is Siddhi Cotspin Ltd. listing date?
The tentative listing date is Thu, Sep 26, 2025
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