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Siddhi Cotspin Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Siddhi Cotspin Ltd IPO

Registered Office: SVY # 279 & 280, Unit #.13,Sub,Plot# 18 Sec.3 Dholi In.S.Park , Ahmedabad - 382240 , Gujarat , India.
Phone : +91 70690 08810   Fax:
Email :  cs@siddhicotspin.com  
Website :  www.siddhicotspin.com
Initial public offer of 64,68,000 equity shares of face value of (Rs)10/- each of Siddhi Cotspin Limited ("SCI" or the "Company" or the "Offer or") for cash at a price of (Rs)[*]/- per equity share including a share premium of (Rs)[*]/- per equity share (the "offer price") aggregating to (Rs)[*] crores ("the offer") comprising of a fresh issue 49,44,000 equity shares aggregating to (Rs)[*]/- crores (the "fresh issue") and an offer for sale of 15,24,000 equity shares by promoter selling shareholder- Navin Saraogi and selling shareholder - Vineeta Vishal Chiripal aggregating to (Rs)[*]/- crores ("offer for sale"), of which 3,24,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)[*]/- per equity share including a share premium of (Rs)[*]/- per equity share aggregating to (Rs)[*] crores will be reserved for subscription by market maker to the offer (the "market maker reservation portion"). The offer less the market maker reservation portion i.e. net offer of 61,44,000 equity shares of face value of (Rs)10/- each at a price of (Rs)[*]/- per equity share including a share premium of (Rs)[*]/- per equity share aggregating to (Rs)[*] crores is herein after referred to as the "net offer". The offer and the net offer will constitute 26.50% and 25.17%, respectively, of the post offer paid up equity share capital of the company. Price Band: (Rs)102/- to (Rs)108/- for equity share of face value of (Rs)10 each. The floor price is 10.2 times times the face value and cap price is 10.8 times of the face value of the equity shares. Bids can made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
19-Sep-25 23-Sep-25 (Rs)102.00-108.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Swastika Investmart Ltd
Project Financed through Current Offer 65.97  
Post Issue Equity Share Capital 24.41  
Issue Price (Rs)102.00  
 
Projects
Funding the working capital requirementsGeneral corporate purpose
Repayment of prepayment of all or a portion of certain outstanding borrowings
Promoted By
Navin Saraogi  
Aansh Rajesh Bindal  
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd