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IPO Synopsis
Siddhi Cotspin Ltd
Registered Office: SVY # 279 & 280, Unit #.13,Sub, Plot# 18 Sec.3 Dholi In.S.Park, Ahmedabad - 382240, Gujarat
Phone: 1
Email: 1
Website: 1
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. 108/- per equity share including a share premium of Rs. 98/- per equity share (the "offer price") aggregating to Rs. 69.85 crores ("the offer") comprising of a fresh issue 49,44,000 equity shares aggregating to Rs. 53.40/- 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.16.46/- 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. 108/- per equity share including a share premium of Rs. 98/- per equity share aggregating to Rs. 3.50 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. 108/- per equity share including a share premium of Rs. 98/- per equity share aggregating to Rs. 66.36 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.
Issue Money Payable On
Opens On Closes On Application Allotment
19-Sep-2025 23-Sep-2025 108.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 0.00
Project Financed through Current Offer 69.85
Post Issue Equity Share Capital 24.41
Issue Price 108.00
Projects
Funding the working capital requirements
Repayment of prepayment of all or a portion of certain outstanding borrowings
General corporate purpose
Promoted By
Navin Saraogi
Aansh Rajesh Bindal
NSE - SME
Registrar to the Issue
Attention Investor
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