Siddhi Cotspin Ltd. IPO

Our Company is primarily engaged in manufacturing and selling of Cotton Yarns. Our manufacturing process adheres to stringent quality standards and is backed by advanced technology and machinery. We have set up a Greenfield project of manufacturing cotton yarn including value added and specialty ... 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 is capable of producing cotton yarn including value added yarns. Our current capacity of production is 90,11,850 Kgs for Cotton Yarn and 90,11,850 Kgs (can be used multiple times) for Value added yarn. Our Manufacturing facility is equipped with modern and automatic plant and machinery. The level of advancement determines the productivity of machines and labour, which in turn, determines the production and profitability of our Company. Our technical team in spinning is well equipped with modern spinning technology and processing techniques by virtue of which we are able to ensure quality yarn. Technology is a crucial aspect of the cotton yarn industry. Our experienced team of technicians and operators ensure that every batch of cotton yarn produced meets the highest quality parameters. We have implemented a comprehensive quality management system that covers every stage of production. We conduct rigorous testing and inspection of raw materials, intermediate products and final yarns to ensure they meet the specified standards. We are committed to sustainable manufacturing practices and environmental responsibility. Our processes are designed to minimize waste, conserve energy and reduce the environmental impact. We have built strong relationship with a diverse range of clients, including textile manufacturers, garment exporters and distributors. Our emphasis on quality, reliability and timely delivery has helped us establish long term partnerships with our customers. Read more

Our Company was originally formed and registered as a Private Limited under the Companies Act, 2013 (“Companies Act”) under the name and style of “Siddhi Cotspin Private Limited”, pursuant to a Certificate of Incorporation dated November 23, 2015 issued by Registrar of ... Companies, Gujarat. Later on, our Company was converted into a Public Limited Company pursuant to shareholders resolution passed at Extra-ordinary General Meeting of our Company held on January 29, 2024 and the name of our Company was changed to “Siddhi Cotspin Limited”. A fresh Certificate of Incorporation consequent upon Conversion from Private Limited Company to Public Limited Company dated February 12, 2024 was issued by the Registrar of Companies, Ahmedabad. The Corporate Identification Number of our Company is U17123GJ2015PLC085135.

We are operating under Textile sector wherein we manufacture and sale Cotton Yarns to various textile and apparel industries for making various kinds of fabrics, gray cloth and denim. It is also used in the home furnishing industry for making curtains, drapes, and other fabric-based items. ... Additionally, cotton yarn is utilized in the crafting and DIY sector for knitting, crocheting, and other textile-based projects. Read more