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15 Days Price Change

Siddhi Cotspin IPO

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Profile
Issue Size 69.85 Cr
Profile
Price Range 102  to  108 per share
Profile
Min Investment ₹108
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Our Company is primarily engaged in manufacturing and selling of Cotton Yarns. Our manufacturing process adheres tostringent quality standards and is backed by advanced technology and machinery. We have set up a Greenfield project ofmanufacturing value added and specialty cotton yarn at Unit No.13, Sub Plot No. 18, Survey No. 279 & 280, Village Dholi,Taluka Dholka, District Ahmedabad, Gujarat – 382240, with a total spinning capacity of 29,376 spindles. The installed unit iscapable of producing cotton yarn including value added yarns. Our current capacity of production is 90,11,850 Kgs for CottonYarn and 13,579,500 Kgs for Value added yarn. Read More

Basic Info

Face Value 10 per share

Price 102  to  108 per share

P/E (x) 16.1

Sales( Cr.) 725

PAT( Cr.) 13

EPS 6.7

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Navin Saraogi Aansh Rajesh Bindal

Pre Issue Share Holding 85.57%

Post Issue Share Holding --%

Listing Details:

Listing Price: 86.4

Listing Gain: -25%

Current Price: 30

Gain On Issue: 30 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 19, 2025
Closing Date Sep 23, 2025
Allotment Sep 24, 2025
Refund Sep 25, 2025
Delivery of Shares Sep 25, 2025
Listing Date Sep 26, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2400 259,200
Retail (Max) -- -- --
S-HNI (Min) 1 2400 259,200
S-HNI (Max) 3 7200 777,600
B-HNI (Min) 4 9600 1,036,800

Objective of the Issue

1. Funding the working capital requirements of our Company2. Repayment or prepayment of all or a portion of certain outstanding borrowings availed by our Company3. General Corporate Purposes

Issue

Category Nos Bid Bid (x)
QIB 0 10772400 0x
NII 0 8256000 0x
Retail 0 5803200 0x
EMP 0 0 0x
Total 0 24831600 0x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Siddhi Cotspin Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 137 402 199 581 725
Other Income 1 1 1 0 0
Total Income 138 403 200 581 725
Total Expenditure 114 369 174 546 692
Operating Profit 24 34 26 35 33
Interest 8 6 8 8 6
Depreciation 13 17 9 9 9
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 3 11 9 17 18
Provision for Tax 1 3 3 5 5
Profit After Tax 2 8 6 12 13
Adjustments 0 0 0 0 0
Profit After Adjustments 2 8 6 12 13
Adjusted Earnings Per Share 1.3 4.2 3.3 6.3 6.7

Siddhi Cotspin Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 41 48 54 66 79
Minority's Interest 0 0 0 0 0
Borrowings 90 94 69 39 23
Other Non-Current Liabilities 4 6 6 4 4
Total Current Liabilities 49 53 56 71 77
Total Liabilities 183 200 184 181 183
Fixed Assets 99 83 76 67 58
Other Non-Current Assets 2 2 1 1 1
Total Current Assets 82 115 107 113 124
Total Assets 183 200 184 181 183

Siddhi Cotspin Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 10 20 15 2
Cash Flow from Operating Activities 9 11 28 19 29
Cash Flow from Investing Activities -4 -0 -1 -0 1
Cash Flow from Financing Activities 4 -0 -33 -32 -29
Net Cash Inflow / Outflow 9 10 -5 -13 -0
Closing Cash & Cash Equivalent 10 20 15 2 2

Siddhi Cotspin Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.26 4.24 3.33 6.26 6.72
CEPS(Rs) 8.29 13.54 8.42 11.06 11.53
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 22.24 26.48 29.81 34.1 40.82
Core EBITDA Margin(%) 16.93 8.18 12.59 5.98 4.54
EBIT Margin(%) 8.12 4.16 8.26 4.42 3.26
Pre Tax Margin(%) 2.17 2.73 4.48 2.98 2.43
PAT Margin (%) 1.66 1.9 3.02 2.1 1.81
Cash Profit Margin (%) 10.9 6.08 7.63 3.7 3.1
ROA(%) 1.24 3.99 3.13 6.67 7.19
ROE(%) 5.68 17.4 11.83 20.27 17.95
ROCE(%) 6.41 9.27 9.27 15.8 15.57
Receivable days 82.64 33.85 83.85 37.31 33.32
Inventory Days 49.77 21.6 46.72 14.15 18.35
Payable days 8.35 3.24 14.21 7.65 10.88
PER(x) 0 0 0 0 0
Price/Book(x) 0 0 0 0 0
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.93 0.31 0.52 0.19 0.12
EV/Core EBITDA(x) 5.37 3.68 4.03 3.09 2.57
Net Sales Growth(%) 0 192.76 -50.46 191.43 24.73
EBIT Growth(%) 0 50.03 -1.71 55.94 -7.98
PAT Growth(%) 0 235.44 -21.44 102.52 7.4
EPS Growth(%) 0 235.44 -21.44 88.05 7.4
Debt/Equity(x) 3.3 2.89 2.1 1.37 0.84
Current Ratio(x) 1.67 2.19 1.92 1.58 1.62
Quick Ratio(x) 1.29 1.64 1.52 1.26 0.97
Interest Cover(x) 1.37 2.91 2.19 3.06 3.94
Total Debt/Mcap(x) 0 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 25% 22% 0% 0%
Operating Profit CAGR -6% -1% 0% 0%
PAT CAGR 8% 18% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 18% 17% 15% 15%
ROCE Average 16% 14% 11% 11%

Company Contact Information

Siddhi Cotspin Ltd.

Jagdish Shamjibhai Kanzariya

+91 70690 08810

cs@siddhicotspin.com

Survey 279 & 280, Unit No.13 Sub Plot No. 18 Sector 3 Dholi Integrated Spinning Park

IPO Lead Manager(s)

Siddhi Cotspin Ltd.

Swastika Investmart Ltd.

Registrar Info

Siddhi Cotspin Ltd.

K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)

Karvy Selenium Tower B, Plot 31-32 Gachibowli,Financial District, Nanakramguda Hyderabad – 500032 Tel. No. 040 67161500 Fax. No. 040 23001153 E-mail: einward.ris@karvy.com Website: www.karvy.com Toll Free No. of exclusive Call Centre:1-800-345001

040 - 67162222/18003094001

einward.ris@kfintech.com

https://www.kfintech.com

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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