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About Siddhi Cotspin Ltd Siddhi Cotspin Ltd, originally incorporated as Siddhi Cotspin Private Limited in November 2015, transitioned to a public limited entity on February 12, 2024. Headquartered in Ahmedabad, Gujarat, the company operates in the textile industry, focusing on the manufacturing and selling of high-quality cotton yarns. Its state-of-the-art facility, located in Taluka Dholka, features a 29,376-spindle spinning capacity, supported by modern, automated infrastructure designed to deliver consistent production efficiency and superior quality.
The company specializes in a diverse range of value-added cotton yarns, including Compact Carded and Combed Hosiery, Eli CW, Slub Yarn, Siro Slub Yarn, and CSY-Lycra-Core Spin Yarn, among others. With a production capacity of 9,011,850 kilograms per annum, Siddhi Cotspin leverages advanced machinery and a skilled workforce to produce yarns that meet stringent quality standards. The firm's emphasis on technology and innovation aims to enhance productivity, streamline operations, and bolster profitability.
To support its growth and expansion, Siddhi Cotspin is launching a public issue of 6,468,000 equity shares. This offering includes 4,944,000 fresh issue equity shares and 1,524,000 shares through an Offer for Sale. The infusion of capital is expected to drive further advancements in manufacturing capabilities and market penetration.
Siddhi Cotspin’s comprehensive product portfolio, modernized processes, and focus on quality position it strategically within the cotton yarn industry, making it a potentially attractive opportunity for traders and investors in the textile sector.