
Textiles · NSE
Siddhi Cotspin is engaged in the production and sale of cotton yarns, including value-added and specialty varieties. Its product range includes Compact Carded and Combed Hosiery, Compact Weaving Yarns, Eli Yarns, Slub and Siro Slub Yarn, Lycra-Core Spin Yarn (Spandex), and TFO Double Yarn, which offers extra strength and durability. The company supplies its products to textile manufacturers, garment exporters, and distributors, with a focus on quality, reliability, and timely delivery, helping build long-term customer relationships. Its manufacturing facility in Dholi, Ahmedabad, Gujarat, has 29,376 spindles with an annual production capacity of about 90 lakh kgs of cotton yarn and 135 lakh kgs of value-added yarn. Equipped with advanced automated machinery and managed by a skilled technical team, the facility ensures high productivity, consistent quality, and sustainable practices by reducing waste, saving energy, and minimizing environmental impact.
Price Band
₹102 – ₹108
Issue Size
₹69.85 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹108
at current GMP
Subscribed
4.04x
overall
Open
19 Sep 2025
Close
23 Sep 2025
Allotment
24 Sep 2025
Refund
25 Sep 2025
Demat Credit
26 Sep 2025
Listing
26 Sep 2025
Designated Registrar: Kfin Technologies Limited
Allotment Date
24 Sep 2025
Basis finalization
Refunds Initiate
25 Sep 2025
Mandate release
Demat Credit
26 Sep 2025
Shares in demat
Listing Debut
26 Sep 2025
Trading begins
Siddhi Cotspin Limited is bringing an initial public offering (IPO) in the Textiles sector with an aggregate issue size of ₹69.85 Crores. The shares are offered at a price band of ₹102 to ₹108 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,29,600 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-09-26, while un-allotted funds or UPI block mandates will be released on 2025-09-25.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.