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Initial public offer of upto 6468000 equity shares of face value of Rs. 10/- each of Siddhi Cotspin Limited (SCL or the Company or the Offer) for cash at a price of Rs. []/- per equity share including a share premium of Rs. []/- per equity share (the Offer Price) aggregating to Rs. [] crores (The Offer) comprising of a fresh issue upto 4944000 equity shares aggregating to Rs. []/- crores (the Fresh Issue) and an offer for sale of upto 1524000 equity shares by promoter selling shareholder- Navin Saraogi and selling shareholder - Vineeta Vishal Chiripal aggregating to Rs. []/- crores (Offer for Sale), of which [] equity shares of face value of Rs. 10/- each for cash at a price of Rs. []/- per equity share including a share premium of Rs. []/- per equity share aggregating to Rs. [] 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 [] equity shares of face value of Rs. 10/- each at a price of Rs. []/- per equity share including a share premium of Rs. []/- per equity share aggregating to Rs. [] crores is herein after referred to as the Net Offer. The offer and the net offer will constitute [] % and [*] %, respectively, of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The price band and the minimum bid lot will be decided by the company.
Here are the steps to apply for Siddhi Cotspin Ltd IPO:
Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.
Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.
Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.
Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.
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