Siddhi Cotspin IPO is a book-built issue opening on September 19, 2025, and closing on September 23, 2025, with an issue size of approximately ₹69.85 crore and a price band of ₹102 to ₹108 per equity share. The company is based in Ahmedabad and focuses on manufacturing and selling cotton yarns, including value-added specialty yarns. The IPO listing is expected on September 26, 2025. Siddhi Cotspin IPO offers investors an opportunity to invest in a growing textile manufacturing firm with improving financials and sustainability focus.
₹00
₹108
₹86.40
Expert Opinions
Market sentiment for Siddhi Cotspin IPO is cautiously optimistic with growing interest from investors focused on the textile sector’s revival. The company’s strengths include significant revenue growth from ₹199.88 crore in FY 2023 to ₹724.66 crore in FY 2025 and a diverse product portfolio including specialty cotton yarns. Risks include thin profit margins, reliance on raw material availability, and competitive pressures in the textile industry.
Valuation analysis of the financial year 2025 for Siddhi Cotspin IPO reveals a healthy Return on Equity (ROE) of 17.95%, Return on Capital Employed (ROCE) of 14.88%, and a Net Asset Value (NAV) of ₹40.82, indicating solid capital efficiency. The IPO is suited for long-term investors seeking growth in the textile space, while short-term investors should be mindful of industry cyclicality and margin volatility.
Investor Considerations
Siddhi Cotspin IPO has demonstrated consistent growth with revenue increasing from ₹581.18 crore in FY 2024 to ₹724.66 crore in FY 2025, supported by improving profit levels. The company manufactures cotton and specialty yarns catering primarily to the textile industry. The sector outlook remains steady as demand for cotton yarn persists, driven by domestic and export markets.
The Siddhi Cotspin IPO valuation for FY 2025 shows a Price to Book Value of 2.65, a PAT margin of 1.81%, and a Debt to Equity ratio of 0.84, reflecting moderate profitability with manageable leverage. Growth prospects include expanding product range and capacity, but risks involve raw material price volatility and competitive pressures. The IPO is suitable for long-term investors focused on the textile sector’s steady growth, while short-term investors should consider margin sensitivities and cyclicality.
| Date | GMP | Trend |
|---|---|---|
| 25 Sep 2025 16.30 | ₹00 | --- |
| 24 Sep 2025 12.14 | ₹00 | --- |
| 23 Sep 2025 10.33 | ₹00 | --- |
| 22 Sep 2025 12.00 | ₹00 | --- |
| 20 Sep 2025 13.26 | ₹00 | --- |
| 19 Sep 2025 11.16 | ₹00 | --- |
| 17 Sep 2025 15.28 | ₹00 | --- |
| 16 Sep 2025 20.26 | ₹00 | --- |
FAQs
The Grey Market Premium showed good accuracy in predicting Siddhi Cotspin IPO’s listing performance. With a final GMP of ₹0, it projected no premium over the issue price of ₹108, indicating a flat listing. However, the stock actually listed at ₹86.40, delivering a loss of 20%. This resulted in a large prediction error of 20%, where the GMP incorrectly signaled a stable listing and failed to anticipate the negative debut, reflecting poor reliability in this case.
Siddhi Cotspin IPO Current GMP is ₹00.
Siddhi Cotspin IPO Expected Returns is 0.00%.
Siddhi Cotspin IPO estimated listing price is ₹108.