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Siddhi Cotspin Ltd

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-25 102.00-108.00 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 102.00  

Project

  • 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

Listing At

NSE - SME

Registrar to the Issue

No Data Available