Siddhi Cotspin Ltd. is launching its SME IPO to raise funds for human resources investment, capital expenditure, and general corporate purposes. The IPO opens on September 19, 2025 and closes on September 23, 2025. Shares are planned to be listed on NSE SME.
Key IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | September 19, 2025 |
| IPO Close Date | September 23, 2025 |
| Listing Date | September 26, 2025 |
| Face Value | ₹10 per equity share |
| Price Band | ₹102 to ₹108 per share |
| Issue Size | Approx. ₹69.85 Crores |
| Fresh Issue | Approx. ₹53.40 Crores |
| Offer for Sale | Approx. 15,24,000 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | NSE SME |
| Retail Quota | 63.01% |
| QIB Quota | 10% |
| NII (HNI) Quota | 26.99% |
Market Lot Information
| Category | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | 2,59,200 |
| Retail Maximum | 2 | 2,400 | 2,59,200 |
| S-HNI Minimum | 3 | 3,600 | 3,88,800 |
| S-HNI Maximum | 7 | 8,400 | 9,07,200 |
| B-HNI Minimum | 8 | 9,600 | 10,36,800 |
Important IPO Dates
| Event | Date |
|---|---|
| IPO Opening | September 19, 2025 |
| IPO Closing | September 23, 2025 |
| Basis of Allotment | September 24, 2025 |
| Refund Initiation | September 25, 2025 |
| Demat Credit | September 25, 2025 |
| Listing Date | September 26, 2025 |
Promoters
- Mr. Navin Saraogi
- Mr. Aansh Rajesh Bindal
About the Company
Siddhi Cotspin Ltd. is engaged in the spinning industry, raising funds mainly for human resources investment, GSOC setup at Ahmedabad, and general corporate purposes. More operational details will be updated soon.
Financial Performance
| Period Ended | Revenue (₹ Cr) | Expense (₹ Cr) | PAT (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2023 | 199.88 | 190.95 | 6.02 | 184.13 |
| 2024 | 581.18 | 563.89 | 12.18 | 181.25 |
| 2025 | 724.66 | 707.04 | 13.08 | 182.83 |
Key Financial Ratios (FY2025)
| KPI | Value |
|---|---|
| ROE | 17.95% |
| ROCE | 14.88% |
| EBITDA Margin | 4.54% |
| PAT Margin | 1.81% |
| Debt to Equity Ratio | 0.84 |
| EPS (Basic) | ₹6.72 |
| P/E Ratio | N/A |
| RoNW | 16.47% |
| Net Asset Value (NAV) | ₹40.82 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW (%) | NAV | Income |
|---|---|---|---|---|---|
| Lagnam Spintex Limited | 7.28 | 12.84 | 10.64% | 68.41 | 605.56 Cr. |
| Pashupati Cotspin Limited | 9.11 | 68.62 | 10.64% | 86.80 | 636.70 Cr. |
| United Polyfab Gujarat Limited | 7.71 | 19.39 | 18.18% | 42.41 | 602.22 Cr. |
Purpose of the IPO
- Investment in Human Resources
- Capital Expenditure for setting up GSOC at Ahmedabad
- General Corporate Purpose
Registrar & Contact Details
Registrar:
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: scpl.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Lead Managers:
Swastika Investmart Ltd.
Company Address:
Siddhi Cotspin Ltd.
Survey 279 & 280, Unit No.13, Sub Plot No. 18, Sector 3 of Dholi Integrated Spinning Park,
Ahmedabad, Gujarat, 382240
Phone: 91 70690 08810
Email: cs@siddhicotspin.com
Website: http://www.siddhicotspin.com/
Reviews
The company has shown strong financials and growth in revenue and profit. Investors may consider for long-term investment, but are advised to research further and consult financial advisors before investing.