| Siddhi Cotspin Ltd |
|
Registered Office:
SVY # 279 & 280, Unit #.13,Sub,Plot# 18 Sec.3 Dholi In.S.Park
,
Ahmedabad
-
382240
,
Gujarat
, India.
Phone :
+91 70690 08810 Fax:
Email : cs@siddhicotspin.com
Website : www.siddhicotspin.com
|
Initial public offer of 64,68,000 equity shares of face value of
 10/- each of Siddhi Cotspin Limited ("SCI" or the "Company" or the "Offer or") for cash at a price of [*]/- per equity share including a share premium of [*]/- per equity share (the "offer price") aggregating to [*] crores ("the offer") comprising of a fresh issue 49,44,000 equity shares aggregating to [*]/- crores (the "fresh issue") and an offer for sale of 15,24,000 equity shares by promoter selling shareholder- Navin Saraogi and selling shareholder - Vineeta Vishal Chiripal aggregating to [*]/- crores ("offer for sale"), of which 3,24,000 equity shares of face value of
10/- each for cash at a price of [*]/- per equity share including a share premium of [*]/- per equity share aggregating to [*] crores will be reserved for subscription by market maker to the offer (the "market maker reservation portion"). The offer less the market maker reservation portion i.e. net offer of 61,44,000 equity shares of face value of
10/- each at a price of [*]/- per equity share including a share premium of [*]/- per equity share aggregating to
[*] crores is herein after referred to as the "net offer". The offer and the net offer will constitute 26.50% and 25.17%, respectively, of the post offer paid up equity share capital of the company.
Price Band: 102/- to 108/- for equity share of face value of 10 each.
The floor price is 10.2 times times the face value and cap price is 10.8 times of the face value of the equity shares.
Bids can made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 19-Sep-25 |
23-Sep-25 |
Rs102.00-108.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :1200 Further Multiples of :1200 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
0.00 |
|
| Project Financed through Current Offer |
65.97 |
|
| Post Issue Equity Share Capital |
24.41 |
|
| Issue Price |
Rs102.00 |
|
|