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Issue Open Date
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19-Sep-25
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Issue Closing Date
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23-Sep-25
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Application Money
|
100
|
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Allotment Money
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Price Band
|
102
-
108
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Minimium Application No.
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2400
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Issue Size (Shares)
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6468000
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Market Lot
|
1
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Objective
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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
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Category
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No. of Shares
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No. of Shares
|
Subscription Ratio
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|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
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|
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Qualified Institutional Buyers
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|
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Retail Individual Investors
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|
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Business Description:
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.
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Promoter's Holding
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|
Total Share Capital
|
16655025
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|
Offered to Public
|
6468000
|
|
Promoter's Holding (Pre-Issue)
|
85.57
|
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Promoter's Holding (Post-Issue)
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|
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|
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Address |
Survey 279 & 280 Unit No.13 Sub Plot No. 18 Sector 3 Dholi Integrated Spinning Park
Ahmedabad
,
Gujarat
,
382240
Phone :
7069008810
Email :
cs@siddhicotspin.com
Website :
www.siddhicotspin.com
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B Plot 31-32 Gachibowli Financial District Nanakramguda Hyderabad
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Listed at |
NSE
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Lead Manager |
Swastika Investmart Ltd.
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Promoters |
Aansh Rajesh Bindal Navin Saraogi
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