Siddhi Cotspin IPO Subscription StatusĀ
Siddhi Cotspin IPO subscribed over 2.19x on its first day till 5.00 PM on September 19, 2025.Ā
- Siddhi Cotspin IPO subscription QIB investors’ portion is 6.38x, while NII subscribed 5.65x, and RII investors subscribed 0.34x.Ā
- The company has received bids for 1,27,71,600 shares against 58,20,000 shares on offer on the first day of subscription.
- Siddhi Cotspin IPO subscribed over 2.19x on its day 1.Ā
Siddhi Cotspin IPO Subscription StatusĀ
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 Subscription StatusĀ
The company reported revenue of ā¹724.66 crores in 2025 against ā¹581.18 crores in 2024. The company reported a profit of ā¹13.08 crores in 2025 against a profit of ā¹12.18 crores in 2024.
Siddhi Cotspin IPO GMP:Ā
Siddhi Cotspin IPO GMP was ā¹0 as of Friday, 19 September 2025. That indicates the IPO is trading at ā¹108 with a ā¹0 premium in the grey market against the issue price of ā¹108.Ā
