On the last day, the Siddhi Cotspin IPO was subscribed 4.21 times, the retail quota 1.50 times, the NII 5.94 times, and the QIB 17.53 times, respectively.
Details About Siddhi Cotspin IPO
Siddhi Cotspin IPO received approval from SEBI for an IPO worth ₹69.85 crores . Wherein a fresh issue would be totally ₹53.40 crores with no offer for sale up to 15,24,000 equity shares with a face value of ₹10 each.
Further, the Siddhi Cotspin IPO had a set price band of ₹102 to ₹108 Per Share.
Siddhi Cotspin IPO consists of 2,400 shares in 2 lot sizes for retail minimum and maximum categories as well. While 3,600 shares were in 3 lot sizes for the S-HNI Minimum category, 8,400 shares were in 7 lot sizes for the S-HNI Maximum, and B-HNI Minimum 9,600 shares were in 8 lot sizes.
To invest in the Siddhi Cotspin IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,59,200.
- SHNI (S-HNI): Minimum investment of ₹3,88,800.
- SHNI (S-HNI): Maximum investment of ₹9,07,200.
- BHNI Minimum: Minimum investment of ₹10,36,800.
Siddhi Cotspin IPO Subscription Duration
Siddhi Cotspin IPO opened on September 19, 2025, and closed on September 23, 2025. The Siddhi Cotspin IPO allotment date was scheduled on September 24, 2025. The Siddhi Cotspin IPO listing date is on September 26, 2025.
Siddhi Cotspin IPO funds deployment
A portion of IPO money utilised for the Investment in Human resources, Capital Expenditure for setting up Global Security Operation Centre (GSOC) at Ahmedabad, General Corporate Purpose.
About Siddhi Cotspin IPO Company
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.
Financial Report of the Siddhi Cotspin IPO Company
The company reported revenue of ₹724.66 crores in 2025 against ₹581.18 crores in 2024. The company reported a profit of ₹13.08 crores in 2025 against a profit of ₹12.18 crores in 2024.
