Siddhi Cotspin IPO Details
| IPO Open Date | September 19, 2025 |
| IPO Close Date | September 23, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹102 to ₹108 Per Share |
| Issue Size | Approx ₹69.85 Crores |
| Fresh Issue | Approx ₹53.40 Crores |
| Offer for Sale: | Approx 15,24,000 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Siddhi Cotspin IPO Review & Key Points
- Review: Neutral
Siddhi Cotspin IPO Market Lot
The Siddhi Cotspin IPO minimum market lot is 2,400 shares with ₹2,59,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,59,200 |
| Retail Maximum | 2 | 2,400 | ₹2,59,200 |
| S-HNI Minimum | 3 | 3,600 | ₹3,88,800 |
| S-HNI Maximum | 7 | 8,400 | ₹9,07,200 |
| B-HNI Minimum | 8 | 9,600 | ₹10,36,800 |
IPO Reservation
| Investor Category | Share Offered | % Shares |
| Market Maker Shares Offered | 3,24,000 Shares | 5.01% |
| QIB Shares Offered | 6,14,400 Shares | 9.50% |
| NII Shares Offered | 16,58,400 Shares | 25.64% |
| Retail Shares Offered | 38,71,200 Shares | 59.85% |
Siddhi Cotspin IPO Dates
The Siddhi Cotspin IPO date is September 19 and the close date is September 23. The Siddhi Cotspin IPO allotment will be finalized on September 24 and the IPO listing on September 26.
| IPO Open Date: | September 19, 2025 |
| IPO Close Date: | September 23, 2025 |
| Basis of Allotment: | September 24, 2025 |
| Refunds: | September 25, 2025 |
| Credit to Demat Account: | September 25, 2025 |
| IPO Listing Date: | September 26, 2025 |
| IPO Bidding Cut-off Time: | September 23, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Mr. Navin Saraogi and Mr. Aansh Rajesh Bindal.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,94,62,491 | 85.57% |
| Promoter Holding Post Issue | 2,44,06,491 | 68.23% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores | % |
| Investment in Human resources | 26.09 | 66.91% |
| Capital Expenditure for setting up Global Security Operation Centre (GSOC) at Ahmedabad | 5.89 | 15.11% |
| General Corporate Purpose | 7.01 | 17.98% |
About Siddhi Cotspin IPO
A leading company, Siddhi Cotspin Limited, has been engaged in manufacturing and selling cotton yarns, along with strict quality standards in its manufacturing process. Furthermore, the process used modern technology and advanced machines.
They make different types of value-added cotton yarns, such as compact carded and combed yarns for hosiery and weaving, slub yarn, siro slub yarn, Eli yarns (Eli KW and Eli CW), lycra core-spun yarn (with spandex), TFO double yarn, and more.
The company arranged Greenfield projects in Dholi village, Ahmedabad district, Gujarat, to produce special types of high-quality cotton yarn. The units are equipped with a total spinning capacity of 29,376 spindles. The firm also has an advanced, automatic, and modern plant and machinery. The advancement level of machines is beneficial for improving work efficiency and output.
Moreover, the company has an experienced team and technicians, along with the goal that every batch of cotton yarn they produce meets the highest quality standards.
Siddhi Cotspin IPO Company Financial Report
The company reported revenue of ₹724.66 crores in 2025 against ₹581.18 crores in 2024. The company reported profit of ₹13.08 crores in 2025 against profit of ₹12.18 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹199.88 | ₹190.95 | ₹6.02 | ₹184.13 |
| 2024 | ₹581.18 | ₹563.89 | ₹12.18 | ₹181.25 |
| 2025 | ₹724.66 | ₹707.04 | ₹13.08 | ₹182.83 |
Siddhi Cotspin IPO Valuation – FY2025
Check Siddhi Cotspin IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 17.95% |
| ROCE: | 14.88% |
| EBITDA Margin: | 4.54% |
| PAT Margin: | 1.81% |
| Debt to equity ratio: | 0.84 |
| Earning Per Share (EPS): | ₹6.72 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 16.47% |
| Net Asset Value (NAV): | ₹40.82 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Lagnam Spintex Limited | 7.28 | 12.84 | 10.64% | 68.41 | 605.56 Cr. |
| Pashupati Cotspin Limited | 9.11 | 68.62 | 10.64% | 86.80 | 636.70 Cr. |
| United Polyfab Gujarat Limited | 7.71 | 19.39 | 18.18% | 42.41 | 602.22 Cr. |
IPO Lead Managers aka Merchant Bankers
- Swastika Investmart Ltd.
Company Address
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: [email protected]
Website: http://www.siddhicotspin.com/
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/
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