How to Check Siddhi Cotspin IPO Allotment Status?

Siddhi Cotspin Limited is engaged in manufacturing and selling cotton yarns, including value-added and specialty yarns, incorporated in 2015. The company operates manufacturing facility in Dholi, Ahmedabad, Gujarat with total spinning capacity of 29,376 spindles and annual production capacity of about 90,11,850 kgs of cotton yarn and 2,70,35,550 for value-added yarns, offering wide range including Compact Carded and Combed Hosiery, Compact Weaving Yarns, Carded and Combed Yarns, Eli Yarns, Slub and Siro Slub Yarn, Lycra-Core Spin Yarn, and TFO Double Yarn while supplying products to textile manufacturers, garment exporters, and distributors with focus on quality, reliability, and timely delivery.

The Siddhi Cotspin IPO came with a total issue size of ₹69.85 crore, comprising a fresh issue of 0.49 crore shares aggregating to ₹53.40 crore and offer for sale of 0.15 crore shares aggregating to ₹16.46 crore. The IPO opened on September 19, 2025, and closed on September 23, 2025. The allotment for the Siddhi Cotspin IPO is expected to be finalized on Wednesday, September 24, 2025. The Siddhi Cotspin IPO share price band was set at ₹102 to ₹108 per share.

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Steps to Check Siddhi Cotspin IPO Allotment Status on Registrar Site

• Visit the Kfin Technologies Ltd. website
• Select "Siddhi Cotspin" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Siddhi Cotspin IPO Allotment Status on NSE

• Navigate to the NSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Siddhi Cotspin" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Siddhi Cotspin IPO Subscription Status

Siddhi Cotspin IPO received moderate investor interest, being subscribed 4.21 times overall. The subscription showed mixed confidence across categories in the Siddhi Cotspin IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:30:01 PM on September 23, 2025:

• Non-Institutional Investors (NII): 5.94 times.
• QIB Category: 17.53 times.

Siddhi Cotspin IPO Share Price and Investment Details

The Siddhi Cotspin IPO stock price band was set at ₹102 to ₹108 per share with a minimum lot size of 1,200 shares. The minimum investment required for individual investors was ₹2,59,200 for 2 lots (2,400 shares). The issue included up to 3,24,000 shares reserved for market maker raising ₹3.50 crore. Given the moderate subscription response of 4.21 times overall, with QIB category showing strong response at 17.53 times but retail investors demonstrating weak response at 1.50 times, the Siddhi Cotspin IPO share price is expected to list with minimal to moderate premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Funding working capital requirements: ₹25.10 crore.
• Repayment or prepayment of certain outstanding borrowings: ₹8.97 crore.
• General corporate purposes: Remaining amount.

Business Overview

Siddhi Cotspin Limited operates with experienced promoter and management team, best quality standards, strong and diversified supplier base, optimal utilization of resources, and long-standing customer relationships while manufacturing cotton yarns in highly competitive and fragmented textile segment. The company demonstrates growth in revenue (25% increase) and modest profit growth (7% increase) between FY24-FY25, maintaining debt-equity ratio of 0.84 while focusing on value-added and specialty yarns through advanced automated machinery ensuring high productivity and consistent quality with sustainable practices minimizing waste and environmental impact. Operating in challenging textile manufacturing sector with thin margins (1.81% PAT margin), the company's weak retail subscription response at 1.50 times suggests investors view the issue as aggressively priced despite QIB interest, requiring careful assessment of competitive positioning and margin sustainability in cotton yarn manufacturing.