N R Vandana Tex Industries Limited IPO Details
The N R Vandana Tex Industries Limited IPO is a book build issue with a total issue size of ₹27.89 cr, comprising of fresh issue of 6198000 equity shares. N R Vandana Tex Industries Limited IPO opened for subscription on May 28, 2025 and closed on May 30, 2025. N R Vandana Tex Industries Limited IPO is set price band at ₹42 to ₹45 per share, with a lot size of 3000 shares. Minimum investment for Retail investors was ₹270,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jun 02, 2025, and listed on the NSE on Jun 04, 2025.
Cameo Corporate Services Limited has been appointed as the registrar. MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED are the Book Running Lead Manager for the issue.
Before investing in the N R Vandana Tex Industries Limited IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 42 – 45
- Lot Size
- 3000
- Issue Size
- ₹27.89 Cr
- Minimum Investment
- ₹270000 (6000 Shares)
- Listing Date
- 04 June 2025
Current GMP
₹9 (+20.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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.
Address / Contact Info
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 Registrar
Cameo Corporate Services Limited
Check Allotment StatusBook Running Lead Managers
- MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED
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 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.
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 per share.
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
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.
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.
N R Vandana Tex Industries Limited IPO issue size is ₹27.89 crores.
N R Vandana Tex Industries Limited IPO allotment date is Wed, Jul 1, 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 to check N R Vandana Tex Industries Limited IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.