The Siddhi Cotspin IPO minimum market lot is 2,400 shares with ₹2,59,200 application amount. The Siddhi Cotspin IPO is a SME IPO, and it is to be listed on NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Siddhi Cotspin IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 17.53 | 13.92 | 17.53 |
| NII | 5.69 | 5.43 | 5.94 |
| RII | 1.13 | 0.61 | 1.50 |
| Total | 3.91 | 3.12 | 4.21 |
Siddhi Cotspin IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Siddhi Cotspin IPO Review
- May Apply for long term
Siddhi Cotspin IPO Form
How to apply for the Siddhi Cotspin IPO? You can apply for Siddhi Cotspin IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Siddhi Cotspin IPO in the Invest section. The other option is you can apply for Siddhi Cotspin IPO via IPO forms downloaded online. Check out the Siddhi Cotspin forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
