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Siddhi Cotspin IPO
4.26xsubscribed

Siddhi Cotspin IPO

Textile
listed
₹2.45LMin. investment

Siddhi Cotspin Limited IPO Details

SectorTextile
Price range₹102 – ₹108
IPO type
SME
Lot size1200 shares
Issue size₹69Cr
Red Herring Prospectus
Read
Market cap
₹263.5CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹724.54CrHigher than sector avg
Growth rate3Y CAGR
53.70%

Siddhi Cotspin IPO Subscription Status

Date
QIB
NII
Retail
Total
19-Sep-25
6.38 times (X)
5.65 times (X)
0.34 times (X)
2.19 times (X)
22-Sep-25
13.92X
5.67X
0.61X
3.18X
23-Sep-25
17.53X
6.18X
1.49X
4.26X

As on 19-Sep-25, 5:30 PM

Siddhi Cotspin IPO Timeline

  1. Pre-apply
    18 Sep 2025
  2. Bid start
    19 Sep 2025
  3. Bid end
    23 Sep 2025
  4. Allotment
    24 Sep 2025
  5. Release of funds
    25 Sep 2025
  6. Demat transfer
    25 Sep 2025
  7. Listing
    26 Sep 2025

About Siddhi Cotspin Limited

Siddhi Cotspin Limited is engaged in the manufacturing and selling of cotton yarns such as e-compact carded hosiery, compact combed hosiery, compact carded weaving, compact comb weaving and more. The company operates a manufacturing unit at Ahmedabad, Gujarat, with a current capacity of 90,11,850 kg (93.65%) for cotton yarn and 90,11,850 kg (94.29%) for value-added yarn. Product-wise, cotton yarn sale contributes 28.07% and sales of value-added yarn 70.27%. Domestically, revenue is concentrated in Gujarat (97.91%), followed by states such as Rajasthan and Tamil Nadu, while sales through merchant exporters (deemed as export) contributed 0.81% of the revenue.

Checklist

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Objectives of Siddhi Cotspin Limited IPO

Working capital
47.01%
The company will utilise ₹25.10 crore towards funding working capital requirements.
General corporate purposes
36.10%
Part of the IPO proceeds will be used for general corporate purposes.
Repayment of loans
16.80%
The company will use ₹8.97 crore towards repayment of borrowings.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹724.54Cr53.70%₹13.08Cr₹263.5Cr16.070.84
This sector (avg.)₹454.61Cr0%₹6.27Cr₹1,147.5Cr44.260.81
₹4,934.91Cr---₹729.14Cr₹36,802.21Cr48.160.19
₹6,387.88Cr---₹815.11Cr₹29,722.44Cr35.480.09
₹4,937.87Cr---₹874.41Cr₹13,216.91Cr22.420.40

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Siddhi Cotspin IPO Contact Details

Company NameSiddhi Cotspin Limited

How to apply for Siddhi Cotspin IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Siddhi Cotspin Limited IPO FAQs