Siddhi Cotspin Ltd IPO

LISTED

SME

NSE • Lot Size: 1200 • Textiles

Issue₹108

→

Listed₹86.4-20%

→

Now₹30-72.2%

↓72.2%

*Last updated on 11 Jan 2026

Price Band

₹102 - ₹108

Lot Size

1200

Issue Size

₹69.85 Cr

GMP

N/A

Subscription

4.21x

Analyzing...

IPO Schedule

Open

19 Sept 2025

23 Sept 2025

Allotment

24 Sept 2025

Listing

26 Sept 2025

About Siddhi Cotspin Ltd

Siddhi Cotspin Ltd is an SME engaged in the business of manufacturing and trading cotton products. The company's operations primarily involve ginning, spinning, and trading of cotton yarn and cotton bales, catering to both domestic and international markets.

Key Strengths

Experienced Management Team: A well-established management team with significant experience in the cotton industry.
Established Relationships: Strong relationships with suppliers and customers, ensuring a stable supply chain and consistent demand.
Financial Performance: Consistent profitability and revenue growth over the past few years.
Strategic Location: Located in a key cotton-producing region, offering logistical advantages and access to raw materials.
Focus on Quality: Commitment to maintaining high-quality standards in its products, enhancing customer satisfaction.

Risk Factors

•Fluctuations in Cotton Prices: The company's profitability is highly susceptible to fluctuations in cotton prices, which are influenced by global supply and demand factors.
•Dependence on Raw Material Supply: Reliance on a limited number of suppliers for raw materials could disrupt operations if supply is constrained.
•Competition: Intense competition from other players in the cotton industry could put pressure on margins and market share.

Valuation Analysis

Considering the P/E of 16.06 and ROE of 17.95%, the IPO valuation appears reasonably priced compared to industry peers, but potential investors should carefully consider the risks associated with the cotton industry and SME segment.