Siddhi Cotspin IPO will open on September 19, 2025, and close on September 23, 2025. It is a Book Built Issue through which the company aims to raise around ₹69.85 crores. This includes a fresh issue of ₹53.40 crores and an offer for sale of up to 15,24,000 equity shares, each with a face value of ₹10.

The price band for the IPO is ₹102 to ₹108 per share. The allocation is set at 63.01% for retail investors, 10% for QIBs, and 26.99% for HNIs. The IPO is scheduled to list on the NSE on September 26, 2025, with the allotment date on September 24, 2025.

Financially, the company reported a revenue of ₹724.66 crores in 2025, compared to ₹581.18 crores in 2024. Profit stood at ₹13.08 crores in 2025, slightly higher than ₹12.18 crores in 2024.
Given these numbers, investors may consider applying for the IPO with a long-term perspective.

About Siddhi Cotspin IPO

With a very far sighted vision, Siddhi Cotspin Limited was established by two young entrepreneur named Mr.Navin Seraogi and Mr. Sanjay Bindal in the year of 2017. With more than 30,000 spindles the product focused was 100% cotton ELI and Core Spun yarn. With state of art machineries from leading machine manufacturer from European Union. Siddhi Cotspin have diversified their business from spinning to weaving, processing and chemicals.

Siddhi Cotspin installed more than 3300 Rotors of saurev AC – 9 fully automatic Open End Machine in the name of “SHIVTEX” for high end Rotor spun yarns to cater high end denims and terry towel manufacturers.

Siddhi Cotspin diversified their business to weaving under the name of “SIDDHI WEAVING” to manufacture “Indigo dyed denim” of both “rope dyed and sheet dyed and indigo dyed knitting yarns as well”.

In the short span we have built an unparalleled image in domestic as well as in the international market and get all textiles products from fiber to fabrics under one roof. The domestic demand comes from Gujarat, Maharashtra, Madhya Pradesh, Punjab and Rajasthan. International demand comes from Israel, Iran, UAE, Bangladesh, Malaysia, Thailand, Vietnam, Honkong, Shri Lanka, Latin America, and European countries.