NR Vandana Textile IPO Logo

NR Vandana Textile IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates May 28 to May 30 2025
Price Band ₹45
Current GMP ₹45 (0.0%)
Subscription 101.00 times

IPO Details

IPO Date
May 28, 2025 to May 30, 2025
Listing Date
June 4, 2025
Face Value
₹10 per share
Issue Price
₹45 per share
Lot Size
3,000 Shares
Total Issue Size
61,98,000 shares (aggregating up to ₹27.89 Cr)
Fresh Issue
61,98,000 shares (aggregating up to ₹27.89 Cr)
Issue Type
Bookbuilding IPO
Listing At
NSE SME
Share Holding Pre Issue
1,70,96,809 shares
Share Holding Post Issue
2,32,94,809 shares
Market Maker Portion
3,12,000 shares

IPO Subscription Details

Market Maker
1
Qualified Institutions
36.54
Non-Institutional Buyers***
126.70
Total **
101.00

Day Wise Sub

DayDay 1 May 28, 2025
QIB0.00
NII*2.05
Total1.47
DayDay 2 May 29, 2025
QIB2.40
NII*6.34
Total5.22
DayDay 3 May 30, 2025
QIB36.54
NII*126.70
Total101.00

IPO Important Dates

IPO Open Date
Wed, May 28, 2025
IPO Close Date
Fri, May 30, 2025
Tentative Allotment
Mon, Jun 2, 2025
Initiation of Refunds
Tue, Jun 3, 2025
Credit of Shares to Demat
Tue, Jun 3, 2025
Tentative Listing Date
Wed, Jun 4, 2025
Cut-off time for UPI mandate confirmation
5 PM on May 30, 2025

IPO Lot Size

ApplicationIndividual investors (Retail) (Min)
Lots2
Shares6,000
Amount₹2,70,000
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares6,000
Amount₹2,70,000
ApplicationHNI (Min)
Lots3
Shares9,000
Amount₹4,05,000

Financial Information

Period EndedPeriod Ended
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Mar 20250.00
31 Mar 2024183.55
31 Mar 2023167.96
Period EndedRevenue
31 Mar 2025271.10
31 Mar 2024220.21
31 Mar 2023195.60
Period EndedProfit After Tax
31 Mar 20258.60
31 Mar 20244.29
31 Mar 20231.80
Period EndedNet Worth
31 Mar 20250.00
31 Mar 202425.16
31 Mar 202317.27
Period EndedReserves and Surplus
31 Mar 20250.00
31 Mar 202425.17
31 Mar 202317.64
Period EndedTotal Borrowing
31 Mar 20250.00
31 Mar 202468.98
31 Mar 202365.08

IPO Reservation

Anchor Investor Shares Offered
-
Market Maker Shares Offered
3,12,000 (7.03%)
QIB Shares Offered
11,76,000 (26.50%)
NII (HNI) Shares Offered
29,49,000 (66.46%)
Total Shares Offered
44,37,000 (100%)

Information about company

Incorporated in 1992, N R Vandana Tex Industries Limited is a Kolkata-based company specializing in the design, manufacturing, and wholesale distribution of cotton textile products, including sarees, salwar suits, and bed sheets. The company markets its products under the brand names Vandana and Tanya. Operating on a B2B model, the company distributes its products through a network of 1,041 wholesalers across 31 Indian states and leverages a B2B e-commerce platform for broader reach. Certain manufacturing processes are outsourced on a job-work basis, with the company providing detailed technical specifications such as designs, patterns, quality standards, and fabric types. Key Highlights Three generations of experience in the textile business Three manufacturing units and four warehouses 39,000 sq. ft. factory facility Competitive Strengths Extensive wholesaler network enabling wide market penetration Robust pan-India distribution network Product availability on major B2B platforms: SOLV, Udaan, Bijnis, Jozzby, and Ajio Strong supplier relationships ensure cost-effective procurement and operational efficiency Long-standing partnerships with job workers Experienced leadership team with a proven track record in the industry

Objectives of IPO

The Company Vandana IPO proposes to utilise the Net Proceeds from the Issue towards the following objects: S.No. Objects of the Issue Expected Amount (in Millions) 1 Funding working capital requirements of the Company. 162.8 2 Prepayment/Repayment of Loan. 50 3 General Corporate Purposes.

Disclaimer

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