IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Textiles
Sub Sector: manufacturing and selling of Cotton Yarns
Exchange:
NSE
Emerge
Siddhi Cotspin was originally formed and registered as a Private Limited under the Companies Act, 2013 (“Companies Act”) under the name and style of Siddhi Cotspin Private Limited, pursuant to a Certificate of Incorporation dated November 23, 2015 issued by Registrar of Companies, Gujarat. Later on, Company was converted into a Public Limited Company pursuant to shareholders resolution passed at Extra-ordinary General Meeting of Company held on January 29, 2024 and the name of our Company was changed to Siddhi Cotspin Limited. A fresh Certificate of Incorporation consequent upon Conversion from Private Limited Company to Public Limited Company dated February 12, 2024 was issued by the Registrar of Companies, Ahmedabad. The Corporate Identification Number of our Company is U17123GJ2015PLC085135. Siddhi Cotspin is benefited from the extensive experience of Promoter and Managing Director, Mr. Navin Saraogi who is associated with company since the incorporation and having experience of more than 20 (Twenty) years in the textile industry. Siddhi Cotspin Board of Directors and other Key Managerial Personnel has also provided significant contribution in the growth of our company. Siddhi Cotspin is primarily engaged in manufacturing and selling of Cotton Yarns. Siddhi Cotspin manufacturing process adheres to stringent quality standards and is backed by advanced technology and machinery. Siddhi Cotspin have set up a Greenfield project of manufacturing 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 is capable of producing cotton yarn including value added yarns. Siddhi Cotspin current capacity of production is 90,11,850 Kgs for Cotton Yarn and 13,579,500 Kgs for Value added yarn.
KFIN TECHNOLOGIES LIMITED
Siddhi Cotspin operates in Textiles and manufacturing and selling of Cotton Yarns. The Issue would be listed on SME. The registrar of the Issue is KFIN TECHNOLOGIES LIMITED. The IPO type of Siddhi Cotspin is and Object of issue is
Merchant Banker of Siddhi Cotspin IPO is Swastika Investmart Limited
The DRHP (Draft Red Herring Prospectus) of Siddhi Cotspin IPO was filed on 01 May 2024.
No, Siddhi Cotspin IPO is not yet listed. See other upcoming SME IPOs here.
The IPO open date and IPO close date of Siddhi Cotspin are not available now. You can apply in Siddhi Cotspin IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.
Why Us?
