Siddhi Cotspin Lists With 20% Discount At ₹86.40 Against Issue Price of ₹108 on NSE Emerge

Ahmedabad, September 26, 2025: The shares of Siddhi Cotspin Limited made a muted listing on NSE Emerge today, on September 26. The shares listed at a price of ₹86.40, against an issue price of ₹108, marking a 20% discount. As of 11:50 AM, the shares have fallen more, down by 23.985, or 25.90 points, and are currently trading at ₹82.10. Until now, the shares have traded within a range of ₹86.40 and ₹82.10. The current traded volume stands at 60 thousand shares, with the company’s market cap at ₹200.38 crore.

Siddhi Cotspin Limited is an Indian company that manufactures cotton yarn and other textile products. The company was incorporated in 2004 and is headquartered in Ahmedabad, Gujarat. The shares of the company are listed on NSE Emerge with the ticker symbol SIDDHICOTS.

Siddhi Cotspin IPO Was Subscription of 3.84 Times Overall

The issue was subscribed by a total of 3.84 times, led by QIBs at 16.74 times, followed by NIIs at 2.26 times, and retail investors at 0.93 times.

Siddhi Cotspin IPO Book Build Issue of ₹69.85 Crore

Siddhi Cotspin IPO issue size was ₹69.85 crore, including a fresh issue of 0.49 crore shares amounting to ₹53.40 crores and an offer for sale of 0.15 crore shares amounting to ₹16.46 crores. The issue price was fixed at ₹108 per share. The lot size was 1,200 shares, equalling to a minimum investment of ₹2,59,200 by a retail investor at the upper price band. The IPO opened on September 19, and closed on September 23. Swastika Investmart Ltd. was the book running lead manager while Kfin Technologies Ltd. was the registrar of the issue. The market maker of the company was Jevin Stock Broker Private Limited.

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