Siddhi Cotspin IPO is a book-built issue aiming to raise ₹69.85 crore. It comprises a book build issue of ₹69.85 crore. The issue is a combination of fresh issue of 0.49 crore shares aggregating to ₹53.40 crore and offer for sale of 0.15 crore shares aggregating to ₹16.46 crore. The bidding window was open from September 19, 2025, to September 23, 2025, with the IPO allotment to be finalised on September 24, 2025. Siddhi Cotspin is scheduled to list on NSE SME on September 26, 2025.
The IPO was priced at ₹102 to ₹108 per share with a lot size of 1200 shares. The public issue received bids for 1,94,62,800 shares against 58,20,000 shares available, resulting in an overall subscription of 3.34 times. QIBs led the response, subscribing 13.92 times their quota, followed by NIIs at 5.58 times and retail investors at 0.90 times.
Siddhi Cotspin’s ₹69.85 crore IPO, priced at ₹102 to ₹108 per share, was subscribed 8.22 times overall. The IPO consists of a f is a book build issue of ₹69.85 crores. The issue is a combination of fresh issue of 0.49 crore shares aggregating to ₹53.40 crores and offer for sale of 0.15 crore shares aggregating to ₹16.46 crores. Bidding took place from Sep 19 to Sep 23, 2025, with the Siddhi Cotspin IPO allotment status on Sep 24, 2025. Retail investors subscribed 0.90 times and NIIs 5.58 times. Listing is expected on August 14, 2025.
The table below breaks down the Siddhi Cotspin share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 3,24,000 (5.27%) |
| QIB Shares Offered | 6,14,400 (10.00%) |
| NII (HNI) Shares Offered | 13,34,400 (21.72%) |
| − bNII > ₹10L | 7,81,600 (12.72%) |
| − sNII < ₹10L | 5,52,000 (8.98%) |
| Retail Shares Offered | 38,71,200 (63.01%) |
| Total Shares Offered | 61,44,000 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 13.92 |
| Non-Institutional Investors | 5.58 |
| Retail Individual Investors | 0.90 |
| Total shares | 3.34 |
Note: The subscription details are as of September 23, 2025
Incorporated in 2015, Siddhi Cotspin is a manufacturer and seller of cotton yarns, including speciality and value-added varieties. The company produces a diverse range of cotton yarns, such as Compact Carded and Combed Hosiery, Compact Weaving Yarns, Carded and Combed Yarns, Eli Yarns (KW & CW), Slub and Siro Slub Yarn, Lycra-Core Spin Yarn (Spandex), and TFO Double Yarn, which enhances strength and durability.
Siddhi Cotspin serves textile manufacturers, garment exporters, and distributors, emphasising quality, reliability, and timely delivery. Over the years, the company has developed strong and long-term relationships with its clients.
The company’s manufacturing facility is located in Dholi, Ahmedabad, Gujarat, with a total spinning capacity of 29,376 spindles. The unit has an annual production capacity of approximately 90,11,850 kg of cotton yarn and 2,70,35,550 kg of value-added yarns. Equipped with advanced, automated machinery, the facility ensures high productivity and consistent quality.
A skilled technical team supervises the spinning process, maintaining strict quality control from raw material to finished product. The company also follows sustainable practices by minimising waste, conserving energy, and reducing its environmental footprint.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 23, 2025, 12:05 PM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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