The Siddhi Cotspin IPO opens on September 19, 2025, and will close on September 23, 2025. The Siddhi Cotspin IPO is a book-built issue. The company will raise approximately ₹69.85 crore through the IPO, comprising fresh shares worth ₹53.40 crore and 15,24,000 equity shares with a face value of ₹10.
The price band for the Siddhi Cotspin IPO is ₹102 to ₹108 per share. The retail quota is 63.01%, QIBs 10%, and HNIs 26.99%. The Siddhi Cotspin IPO will be listed on the NSE on September 26, 2025. The allotment for the Siddhi Cotspin IPO will take place on September 24, 2025.
The company reported revenue of ₹724.66 crore in 2025, compared to ₹581.18 crore in 2024. The company reported a profit of ₹13.08 crore in 2025, compared to ₹12.18 crore in 2024. Based on the financials, IPO investors should invest in the IPO for the long term.
Siddhi Cotspin IPO Details
| IPO Open Date | September 19, 2025 |
| IPO Close Date | September 23, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO 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 |
| DRHP Draft Prospectus | . |
| RHP Draft Prospectus | . |
Siddhi Cotspin IPO Market Lot
The Siddhi Cotspin IPO minimum market lot is 2,400 shares with ₹2,59,200 application amount.
| Application | 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 |
IPO Reservation
| Investor Category | Share Offered | % Shares |
| Market Maker Shares Offered | 3,24,000 Shares | 5.01% |
| QIB Shares Offered | 6,14,400 Shares | 9.50% |
| NII Shares Offered | 16,58,400 Shares | 25.64% |
| Retail Shares Offered | 38,71,200 Shares | 59.85% |
Siddhi Cotspin IPO Dates
The Siddhi Cotspin IPO date is September 19 and the close date is September 23. The Siddhi Cotspin IPO allotment will be finalized on September 24 and the IPO listing on September 26.
| IPO Open Date: | September 19, 2025 |
| IPO Close Date: | September 23, 2025 |
| Basis of Allotment: | September 24, 2025 |
| Refunds: | September 25, 2025 |
| Credit to Demat Account: | September 25, 2025 |
| IPO Listing Date: | September 26, 2025 |
| IPO Bidding Cut-off Time: | September 23, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Mr. Navin Saraogi and Mr. Aansh Rajesh Bindal.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,94,62,491 | 85.57% |
| Promoter Holding Post Issue | 2,44,06,491 | 68.23% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores | % |
| Investment in Human resources | 26.09 | 66.91% |
| Capital Expenditure for setting up Global Security Operation Centre (GSOC) at Ahmedabad | 5.89 | 15.11% |
| General Corporate Purpose | 7.01 | 17.98% |
Siddhi Cotspin IPO Company Financial Report
The company reported revenue of ₹724.66 crores in 2025 against ₹581.18 crores in 2024. The company reported profit of ₹13.08 crores in 2025 against profit of ₹12.18 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 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 |
Siddhi Cotspin IPO Valuation – FY2025
Check Siddhi Cotspin IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 17.95% |
| ROCE: | 14.88% |
| EBITDA Margin: | 4.54% |
| PAT Margin: | 1.81% |
| Debt to equity ratio: | 0.84 |
| Earning Per Share (EPS): | ₹6.72 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (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. |