Siddhi Cotspin IPO Subscription Status
Siddhi Cotspin IPO subscribed over 3.12x on its second day till 5.00 PM on September 22, 2025. Siddhi Cotspin IPO Subscription Status
- Siddhi Cotspin IPO subscription QIB investors’ portion is 13.92x, while NII subscribed 5.43x, and RII investors subscribed 0.61x.
- The company has received bids for 1,81,59,600 shares against 58,20,000 shares on offer on the second day of subscription.
- Siddhi Cotspin IPO subscribed over 3.12x on its day 2.
- Siddhi Cotspin IPO subscribed over 2.19x on its day 1.
About Siddhi Cotspin 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.
Siddhi Cotspin Financial Report
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.
Siddhi Cotspin IPO GMP:
Siddhi Cotspin IPO GMP was ₹0 as of Monday, 22 September 2025. That indicates the IPO is trading at ₹108 with a ₹0 premium in the grey market against the issue price of ₹108.
