N R Vandana Tex Industries Limited IPO
Open SmeCurrent GMP
₹9 (+20.00%)
Price Band
₹ 42 – 45
Lot Size
3000
Issue Size
₹27.89 Cr
Minimum Investment
₹270000 (6000 Shares)
Listing Date
04 June 2025
Subscription
202.29x
About the Company
Incorporated in 1992, N R Vandana Tex Industries Limited is a Kolkata-based company that designs, manufactures, and wholesales cotton textile products, including sarees, salwar suits, and bed sheets. The company sells its products under the brand names Vandana and Tanya.
Operating primarily on a B2B model, N R Vandana Tex distributes its products through a network of 1,041 wholesalers across 31 Indian states and also utilizes a B2B e-commerce platform to expand its reach. Some 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.
Promoters
- Narain Prasad Lohia
- Prabhu Lohia
- Gyanesh Lohia
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Objects of the Issue
Vandana plans to utilize the net proceeds from its IPO for the following purposes. The company will use approximately ₹162.8 million to meet its working capital requirements. An additional ₹50 million will be allocated for the prepayment or repayment of existing loans. The remaining funds will be used for general corporate purposes.
Address / Contact Info
220, Mahatma Gandhi Road
Barabazar
Phone: +91 9331281999
Email: cs@vandanafashion.com
Website: https://www.vandanafashion.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 28 May 2025
IPO Close Date
Friday, 30 May 2025
Basis of Allotment
Monday, 02 June 2025
Initiation of Refunds
Tuesday, 03 June 2025
Credit of Shares to Demat
Tuesday, 03 June 2025
Listing Date
Wednesday, 04 June 2025 — NSE & BSE
Important Dates
Open Date
28 May 2025
Close Date
30 May 2025
Basis Of Allotment
02 June 2025
Listing Date
04 June 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 0 | 183.55 | 167.96 |
| Revenue | 271.1 | 220.21 | 195.6 |
| Profit After Tax | 8.6 | 4.29 | 1.8 |
| Net Worth | 0 | 25.16 | 17.27 |
| Reserve & Surplus | 0 | 25.17 | 17.64 |
| Total Borrowings | 0 | 68.98 | 65.08 |
EPS Pre
0.00%
EPS Post
0.00%
P/E Pre
0.00
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI As On |
|---|---|
| ROE % | 17.54 |
| ROCE % | 13.82 |
| Debt / Equity | 2.43 |
| RoNW % | 15.1 |
| PbW | 0 |
| Pat Margin % | 1.95 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 312000 | 7.03 | 0 |
| Qualified Institutions | 1176000 | 26.5 | 0 |
| Non-Institutional | 885000 | 19.95 | 0 |
| Retail Investors | 2064000 | 46.52 | 0 |
| Total | 4437000 | 100 | 0 |
Subscription Status ( Fri, 30 May 25 01:40 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1176000 | 42975000 | 36.54x |
| Non-Institutional | 885000 | 373944000 | 422.54x |
| Total | 2061000 | 416919000 | 202.29x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | 135,000.00 |
| Retail (Max) | 1 | 3,000 | 135,000.00 |
| S-HNI (Min) | 2 | 6,000 | 270,000.00 |
Registrar
Cameo Corporate Services Limited
044 - 2846 0390/91/92/93/94/95
cameo@cameoindia.com
https://cameoindia.com
Book Running Lead Managers
- MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
N R Vandana Tex Industries Limited IPO is a Book-building IPO worth ₹27.89 crores. The price band is ₹42 to 45 per share. The IPO opens on Wed, May 28, 2025 and closes on Fri, May 30, 2025. It will be listed on BSE and NSE. Cameo Corporate Services Limited is the registrar.
The N R Vandana Tex Industries Limited IPO opens on Wed, May 28, 2025 and closes on Fri, May 30, 2025
N R Vandana Tex Industries Limited IPO Price Band is ₹42 to 45.
N R Vandana Tex Industries Limited IPO lot size is 3000, and the minimum amount required for application is ₹270000.
The minimum investment for N R Vandana Tex Industries Limited IPO is approximately ₹270000 based on the upper price band.
To apply for the N R Vandana Tex Industries Limited IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, May 30, 2025. After submission, funds are blocked until the basis of allotment of N R Vandana Tex Industries Limited IPO is finalised.
N R Vandana Tex Industries Limited IPO issue size is ₹27.89 crores.
N R Vandana Tex Industries Limited IPO allotment date is Sat, Jun 27, 2026.
The registrar for N R Vandana Tex Industries Limited IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website for IPO allotment status, refund processing, and other queries related to N R Vandana Tex Industries Limited IPO through their official website or helpline.
The N R Vandana Tex Industries Limited IPO GMP (Grey Market Premium) is ₹9 as of Wed, Jun 4, 2025. Based on the upper price band of ₹45 per share, the estimated N R Vandana Tex Industries Limited IPO listing price is ₹54, indicating a potential listing gain of approximately 31% over the issue price.