N R Vandana Tex Industries Limited IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Wed, 28 May 2025
Close Date
Fri, 30 May 2025
Price Band
₹ 42 – 45
Lot Size
3000
Issue Size
₹ 27.89 Cr
Minimum Investment
₹ 270,000 (6000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
N R Vandana Tex Industries Limited IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹27.89 Crore, comprising a fresh issue of 61.98 Lakh equity shares aggregating to ₹27.89 Crore.
The N R Vandana Tex Industries Limited IPO remained open for subscription from May 28, 2025, to May 30, 2025. The basis of allotment was finalized on June 02, 2025, and the company's shares were listed on NSE SME Platform on June 04, 2025.
The company had fixed the price band at ₹42 to ₹45 per share, with a lot size of 3000 shares. Retail investors were required to make a minimum investment of ₹270,000 (based on the upper price band) to apply for one lot.
Cameo Corporate Services Limited served as the registrar to the issue. MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, N R Vandana Tex Industries Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
N R Vandana Tex Industries Limited IPO Timeline (Tentative)
- IPO Open Date
- Wed, 28 May 25
- IPO Close Date
- Fri, 30 May 25
- Basis of Allotment
- Mon, 02 Jun 25
- Initiation of Refunds
- Tue, 03 Jun 25
- Credit of Shares to Demat
- Tue, 03 Jun 25
- Listing Date
- Wed, 04 Jun 25 — NSE & BSE
Open Date
28 May 2025
Close Date
30 May 2025
Basis Of Allotment
02 June 2025
Listing Date
04 June 2025
IPO Subscription
Check Live Subscription →The N R Vandana Tex Industries Limited IPO has received bids for 41,69,19,000 shares against 20,61,000 shares offered, resulting in an overall subscription of 202.29x. the NII category is subscribed 422.54x, and QIBs 36.54x.
QIB
36.54x
NII
422.54x
Total
202.29x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 20,64,000 shares, representing 46.52% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 11,76,000 shares (26.5%), while Non-Institutional Investors (NIIs) receive 8,85,000 shares (19.95%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Market Maker | 312,000 | 7.03% |
| Qualified Institutions | 1,176,000 | 26.5% |
| Non-Institutional | 885,000 | 19.95% |
| Retail Investors | 2,064,000 | 46.52% |
| Total | 4,437,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
N R Vandana Tex Industries Limited KPI Information
| Particular | KPI As On |
|---|---|
| ROE % | 17.54 |
| ROCE % | 13.82 |
| Debt / Equity | 2.43 |
| RoNW % | 15.1 |
| Pat Margin % | 1.95 |
Peers Comparison
No Peer Comparision Available
About N R Vandana Tex Industries Limited
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.
N R Vandana Tex Industries Limited IPO Promoters
- Narain Prasad Lohia
- Prabhu Lohia
- Gyanesh Lohia
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
N R Vandana Tex Industries Limited IPO Objective
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.
N R Vandana Tex Industries Limited Address / Contact Details
220, Mahatma Gandhi Road
Barabazar
Phone: +91 9331281999
Email: cs@vandanafashion.com
Website: https://www.vandanafashion.com/
IPO Snapshot
N R Vandana Tex Industries Limited IPO Lot Size
The N R Vandana Tex Industries Limited IPO has a lot size of 3,000 shares. Retail investors require a minimum investment of ₹1,35,000 by applying for 1 lot (3,000 shares). The maximum application allowed for the retail category is 1 lots (3,000 shares), requiring an investment of ₹1,35,000.
| 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 |
Issue Reservation
- Market Maker — 7.03%
- QIB — 26.5%
- NII — 19.95%
- RII — 46.52%
N R Vandana Tex Industries Limited IPO Registrar
Cameo Corporate Services Limited
Check Allotment StatusBook Running Lead Managers
- MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the N R Vandana Tex Industries Limited IPO?
N R Vandana Tex Industries Limited IPO is a Book-building IPO with a total issue size of ₹27.89 crore. The N R Vandana Tex Industries Limited IPO price band is ₹42 to 45 per share. The N R Vandana Tex Industries Limited IPO subscription opens on Wed, May 28, 2025, and closes on Fri, May 30, 2025. The N R Vandana Tex Industries Limited IPO will be listed on the NSE. Cameo Corporate Services Limited is the registrar for the N R Vandana Tex Industries Limited IPO.
When will the N R Vandana Tex Industries Limited IPO open for subscription?
The N R Vandana Tex Industries Limited IPO opens on Wed, May 28, 2025 and closes on Fri, May 30, 2025
What is N R Vandana Tex Industries Limited IPO Price Band?
N R Vandana Tex Industries Limited IPO Price Band is ₹42 to 45 per share.
What is N R Vandana Tex Industries Limited IPO Lot Size?
N R Vandana Tex Industries Limited IPO lot size is 3000 shares, Retail investors need a minimum investment of ₹270000 based on the upper price band
What is the minimum investment for N R Vandana Tex Industries Limited IPO?
The minimum investment for N R Vandana Tex Industries Limited IPO is ₹270000, based on one lot of 3000 shares at the upper price band of ₹45 per share.
How to apply for N R Vandana Tex Industries Limited IPO?
Investors can apply for the N R Vandana Tex Industries Limited IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, May 30, 2025. The application amount remains blocked until the N R Vandana Tex Industries Limited IPO allotment is finalized.
What is N R Vandana Tex Industries Limited IPO Issue Size?
N R Vandana Tex Industries Limited IPO issue size is ₹27.89 crores.
What is the N R Vandana Tex Industries Limited IPO Allotment Date?
N R Vandana Tex Industries Limited IPO allotment date is Mon, Jun 2, 2025.
Who is the N R Vandana Tex Industries Limited IPO Registrar?
The registrar for N R Vandana Tex Industries Limited IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check N R Vandana Tex Industries Limited IPO allotment status, refund processing, and other IPO-related information.
What is the N R Vandana Tex Industries Limited IPO GMP?
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 20.00% over the issue price.
Who is the N R Vandana Tex Industries Limited IPO Lead Manager?
The book-running lead managers (BRLMs) for the N R Vandana Tex Industries Limited IPO are MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the N R Vandana Tex Industries Limited IPO Red Herring Prospectus (RHP).