Vinod Texworld IPO: Price Band, Lot Size, Financials & Review
Vinod Texworld IPO listed on NSE on Thu, 17 Sep 2026. The issue was subscribed 1.66x overall.
- Open Date
- 9 Sep 2026
- Close Date
- 11 Sep 2026
Last updated
- Issue price
- ₹94
- Lot size
- 1,200 shares
- Min. investment
- ₹2,25,600
- Issue size
- ₹42.83 Cr
- Last GMP
- +₹1
- Subscribed
- 🔥 1.66x
Vinod Texworld IPO details
Vinod Texworld IPO is a ₹42.83 Cr fixed price IPO on the SME segment, listing on NSE. It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
The issue was open from Wed, 9 Sep 2026 to Fri, 11 Sep 2026. Allotment was finalised on Tue, 15 Sep 2026, and the shares listed on NSE on Thu, 17 Sep 2026.
The issue price is ₹94 per share and the lot size is 1200 shares, so the minimum retail application is ₹2,25,600. Retail investors can apply for up to 2 lots (2,400 shares, ₹2,25,600).
KFin Technologies Limited is the registrar, and NOVUS CAPITAL ADVISORS PRIVATE LIMITED is the book running lead manager.
Grey market premium (GMP)
Day-wise GMP →The last Vinod Texworld IPO GMP before listing was +₹1 (+1.06% against the upper price band of ₹94), implying an estimated listing price of ₹95. Across 10 days of tracking, GMP ranged from +₹1 (11 Sep) to +₹20 (09 Sep).
| Last GMP | +₹1 |
|---|---|
| GMP vs upper band | +1.06% |
| Estimated listing price | ₹95 |
| Highest (09 Sep) | +₹20 |
| Lowest (11 Sep) | +₹1 |
Grey market trading is unofficial and unregulated. GMP is a sentiment indicator, not a guarantee of the listing price. See the Vinod Texworld IPO day-wise GMP.
Subscription
Day-wise subscription →Vinod Texworld IPO was subscribed 1.66x overall: QIB 0.00x, NII 0.41x and retail 2.91x.
| Category | Subscribed |
|---|---|
| QIB | 0.00x |
| NII | 0.41x |
| Retail | 2.91x |
| Total | 1.66x |
Final figures at the close of bidding on 11 Sep 2026. Category-wise bids, application-wise breakup and allotment chances are on the Vinod Texworld IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Non-Institutional | 21,64,800 | 50.01% |
| Retail Investors | 21,63,600 | 49.99% |
| Total | 43,28,400 | 100.00% |
Vinod Texworld IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,25,600 |
| Retail (Max) | 2 | 2,400 | ₹2,25,600 |
| S-HNI (Min) | 3 | 3,600 | ₹3,38,400 |
Amounts at the upper end of the price band.
Issue structure and valuation
It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
Promoter holding falls from 93.10% before the issue to 66.85% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹7.94 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | — |
| EPS (post-issue) EPS on the enlarged share capital | ₹5.7 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | — |
| Promoter holding (pre-issue) | 93.10% |
| Promoter holding (post-issue) | 66.85% |
Vinod Texworld Ltd financials
Between 31 Mar 2024 and 31 Mar 2025, Income rose from ₹271.65 Cr to ₹335.56 Cr, and profit after tax rose from ₹5.3 Cr to ₹9.21 Cr. The PAT margin for 31 Mar 2025 was 2.74%.
| Period ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 177.21 | 154.21 | 117.08 |
| Total Income | 335.56 | 271.65 | 200.73 |
| Profit After Tax | 9.21 | 5.30 | 0.68 |
| EBITDA | 20.99 | 12.29 | 4.80 |
| Net Worth | 31.98 | 22.77 | 16.48 |
| Reserve & Surplus | 20.38 | 11.17 | 5.00 |
| Total Borrowings | 66.28 | 47.01 | 34.88 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 31, 2025 |
|---|---|
| ROE % | 28.79 |
| ROCE % | 34.99 |
| RoNW % | 28.79 |
| Pat Margin % | 2.75 |
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective |
|---|---|
| 1 | Expansion of Existing Plant |
| 2 | Repayment of Loan |
| 3 | To meet Working Capital Requirement |
| 4 | General Corporate Purposes |
About Vinod Texworld Ltd
Vinod Texworld Ltd is an integrated textile company incorporated in 2012, engaged in the manufacturing, processing and supply of dyed and printed fabrics for domestic and international markets. The Company manages the textile value chain from sourcing greige fabric through dyeing, printing, finishing, quality testing and distribution, enabling greater quality control, faster turnaround times and customization based on customer requirements.
Its product portfolio includes cotton, polyester and blended fabrics, along with specialty fabrics such as twill, satin, dobby, drill, oxford, slub, knitted, melange and PU-coated fabrics. These products cater to diverse applications across fast fashion, apparel, uniforms, workwear and industrial textiles.
Vinod Texworld primarily derives its revenue from value-added fabric processing. Dyed fabrics contributed 72.9% of FY25 revenue, while printed fabrics accounted for 27.0%. During FY25, the Company produced 19.84 million metres of fabric and recorded sales of 19.67 million metres.
The Company operates a dedicated manufacturing facility on approximately 5,949 sq. metres of owned land, with an aggregate installed production capacity of around 22.5 million metres per annum. Its manufacturing operations are supported by an integrated production setup covering dyeing, printing, finishing and quality control.
Vinod Texworld has a strong domestic customer network spanning major textile markets across Gujarat, Punjab, Haryana, Delhi, Rajasthan, Uttar Pradesh, West Bengal and Maharashtra. Domestic sales contributed 99.0% of FY25 revenue, while exports, primarily to Nepal, accounted for the remaining 1.0%.
As of August 31, 2025, the Company had 103 employees across its manufacturing, operations and other business functions.
Promoters
Harsh Vinod Mittal
Yash Vinod Mittal
Sweta Yash Mittal
Contact details
Vinod Texworld Ltd. Address
185/2, Saijpur, Gopalpur, Opp. Shanti Process
Piplaj Pirana Road Ahmedabad, Gujarat, 382405
Telephone:+91 7069030829
E-mail: nse_ipo@nse.co.in
Website:https://vinodtexworld.com/
Vinod Texworld IPO FAQs
- What is the Vinod Texworld IPO price band?
- Vinod Texworld IPO is a fixed price issue at ₹94 per share.
- What is the Vinod Texworld IPO lot size and minimum investment?
- The Vinod Texworld IPO lot size is 1200 shares. The minimum retail investment is ₹2,25,600 for one lot at the upper price band. Retail investors can apply for up to 2 lots (2,400 shares), costing ₹2,25,600.
- When was Vinod Texworld IPO open for subscription?
- Vinod Texworld IPO was open for subscription from Wed, 9 Sep 2026 to Fri, 11 Sep 2026.
- What is the Vinod Texworld IPO subscription status?
- Vinod Texworld IPO was subscribed 1.66x overall: QIB 0.00x, NII 0.41x and retail 2.91x. Day-wise and category-wise figures are on the subscription page.
- What was the Vinod Texworld IPO GMP before listing?
- The last Vinod Texworld IPO GMP before listing was +₹1 (+1.06% against the upper price band of ₹94), implying an estimated listing price of ₹95. Across 10 days of tracking, GMP ranged from +₹1 (11 Sep) to +₹20 (09 Sep). GMP is an unofficial grey market indicator and can change quickly.
- What is the Vinod Texworld IPO allotment date?
- The Vinod Texworld IPO basis of allotment was finalised on Tue, 15 Sep 2026. You can check your allotment status on the KFin Technologies Limited website.
- What is the Vinod Texworld IPO listing date?
- Vinod Texworld IPO listed on NSE on Thu, 17 Sep 2026.
- Is the Vinod Texworld IPO a fresh issue or an offer for sale?
- It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
- Who are the registrar and lead managers of the Vinod Texworld IPO?
- The registrar for the Vinod Texworld IPO is KFin Technologies Limited, and the book running lead manager is NOVUS CAPITAL ADVISORS PRIVATE LIMITED.
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.