Loading...
Guest User
Welcome! Please login.
| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹69.85 Cr |
| Reserved for Market Maker | ₹3.50 Cr |
| Net Issue Size | ₹69.85 Cr |
| Fresh Issue | ₹49.90 Cr |
| Offer for Sale | ₹16.46 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹102.00-108.00 per share |
| NSE Code | SIDDHICOTS |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,400 shares · Multiples of 1,200 shares
Incorporated in 2015, Siddhi Cotspin is engaged in manufacturing and selling cotton yarns, including value-added and specialty yarns. The company offers a wide range of value-added cotton yarns, including 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, among others. In addition, we manufacture TFO Double Yarn, which adds strength and durability.
It supply products to textile manufacturers, garment exporters, and distributors, focusing on quality, reliability, and timely delivery. Over time, we have built strong and long-term customer relationships
It has a manufacturing facility in Dholi, Ahmedabad, Gujarat, with a total spinning capacity of 29,376 spindles. The unit has an annual production capacity of about 90,11,850 kgs of cotton yarn and 2,70,35,550 for value-added yarns. The manufacturing facility is equipped with advanced, automated machinery that ensures high productivity and consistent quality. A skilled technical team oversees the spinning process using modern technology and strict quality controls at every stage, from raw material to final product. We also follow sustainable practices by minimizing waste, conserving energy, and reducing environmental impact.
Strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of our Company | 25.10 |
| 2 | Repayment or prepayment of all or a portion of certain outstanding borrowings | 8.97 |
| 3 | General Corporate Purposes | 13.16 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 182.83 | 181.25 | 184.13 |
| Total Income | 724.66 | 581.18 | 199.88 |
| Profit After Tax | 13.08 | 12.18 | 6.02 |
| EBITDA | 32.87 | 34.72 | 25.10 |
| NET Worth | 79.44 | 66.36 | 54.18 |
| Reserves and Surplus | 59.98 | 46.90 | 49.75 |
| Total Borrowing | 67.11 | 90.58 | 113.78 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 17.95% |
| ROCE | 14.88% |
| Debt / Equity | 0.84% |
| RoNW | 16.47% |
| PAT Margin | 1.81% |
| EBITDA Margin | 4.54% |
| Price to Book Value | 2.65 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 6.72 | 5.36 |
| P/E (x) | 16.06 | 20.15 |
| Promoter Holding | 85.57% | 65.56% |
| Market Cap | ₹263.59 Cr. | |
