Vivekanand Cotspin IPO
GMP, Subscription, Price, Dates & Financial Details
Incorporated in July 2015, Vivekanand Cotspin Limited is engaged in the processing of cotton and manufacturing of cotton yarn through its ginning and spinning operations, along with trading activities. The company’s product portfolio comprises cotton bales, cotton seeds, and cotton yarn.The company…
Open Date
Mon, 21 Sep 2026
Close Date
Wed, 23 Sep 2026
Price Band
₹ 32 – 37
Lot Size
3000
Issue Size
₹ 24.05 Cr
Minimum Investment
₹ 222,000 (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
Vivekanand Cotspin IPO is set to open its Initial Public Offering (IPO) for subscription on September 21, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹24.05 Crore, comprising a fresh issue of 65.00 Lakh equity shares aggregating to ₹24.05 Crore.
The Vivekanand Cotspin IPO will open for subscription on September 21, 2026, and close on September 23, 2026. The basis of allotment is expected to be finalized on September 24, 2026, while the shares are tentatively scheduled to be listed on BSE SME Platform on September 28, 2026.
The company has fixed the price band at ₹32 to ₹37 per share, with a lot size of 3000 shares. Retail investors will require a minimum investment of ₹222,000 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited is the registrar to the issue. Swastika Investmart Ltd are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Vivekanand Cotspin IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on September 23, 2026.
Vivekanand Cotspin IPO Timeline (Tentative)
- IPO Open Date
- Mon, 21 Sep 26
- IPO Close Date
- Wed, 23 Sep 26
- Basis of Allotment
- Thu, 24 Sep 26
- Initiation of Refunds
- Fri, 25 Sep 26
- Credit of Shares to Demat
- Fri, 25 Sep 26
- Listing Date
- Mon, 28 Sep 26 — BSE
Open Date
21 September 2026
Close Date
23 September 2026
Basis Of Allotment
24 September 2026
Listing Date
28 September 2026
IPO Subscription
Check Live Subscription →The Vivekanand Cotspin IPO subscription Data Unavailable. Subscription data will be available once biddings start. Bidding is open from 10:00 AM to 5:00 PM on 21 September 2026
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 19,95,000 shares, representing 35% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 11,40,000 shares (20%), while Non-Institutional Investors (NIIs) receive 8,55,000 shares (15%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Anchor Investors | 1,710,000 | 30% |
| Qualified Institutions | 1,140,000 | 20% |
| Non-Institutional | 855,000 | 15% |
| BNII | 570,000 | 10% |
| SNII | 285,000 | 5% |
| Retail Investors | 1,995,000 | 35% |
| Total | 5,700,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 84.85 | 87.53 | 84.83 |
| Revenue | 409.32 | 290.94 | 358.02 |
| Profit After Tax | 3.69 | 4.07 | 3.35 |
| Net Worth | 28.94 | 17.26 | 20.62 |
| Reserve & Surplus | 12.69 | 2.26 | 5.62 |
| Total Borrowings | 45 | 54.76 | 40.02 |
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.
Vivekanand Cotspin Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 15.96 | 26.09 | 11.72 |
| ROCE % | 13.14 | 12.16 | 13.41 |
| Debt / Equity | 1.56 | 3.17 | 1.94 |
| RoNW % | 15.96 | 26.09 | 11.72 |
| Pat Margin % | 0.9 | 1.35 | 0.94 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Vivekanand Cotspin Ltd | 10 | 0 | 2.45 | 2.45 | 15.96 | 17.81 |
| Deepak Spinners Ltd | 10 | 22.11 | 5.06 | 5.06 | 1.6 | 319.1 |
| Lagnam Spintex Ltd | 10 | 9.52 | 8.14 | 8.14 | 11.23 | 76.6 |
About Vivekanand Cotspin Limited
Incorporated in July 2015, Vivekanand Cotspin Limited is engaged in the processing of cotton and manufacturing of cotton yarn through its ginning and spinning operations, along with trading activities. The company’s product portfolio comprises cotton bales, cotton seeds, and cotton yarn.
The company operates primarily across two business segments: cotton ginning and cotton spinning. Its ginning operations involve processing raw cotton to produce clean cotton fibres, while its spinning operations convert these fibres into high-quality yarn.
Vivekanand Cotspin offers both carded and combed cotton yarn to customers in domestic and international markets. Its yarn caters to various textile applications and industries involved in fabric manufacturing. The company operates spinning mills equipped with modern and efficient machinery, supported by quality-control processes aimed at maintaining consistency in product quality.
The company’s manufacturing facility is located at Rangpurda, Kadi, in the Mahesana District of Gujarat. The facility is strategically positioned close to major cotton-growing regions of Maharashtra and Saurashtra in Gujarat, providing access to cotton procurement markets and supporting the company’s manufacturing operations.
Vivekanand Cotspin Limited has an annual production capacity of approximately 4,550 tonnes of cotton yarn and 8,000 tonnes of cotton bales.
As of May 30, 2026, the company had 146 employees on its payroll.
Vivekanand Cotspin IPO Promoters
- Mr. Nirav Bharatbhai Patel
- Mr. Jasmin Vishnubhai Patel
- Mr. Bharatbhai Prahaladbhai Patel
- Mr. Vishnubhai Prahaladdas Patel
- Mr. Gautam Bharatkumar Patel
- B P Patel Family Trust
- V P Patel Family Trust
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Vivekanand Cotspin IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding Capital Expenditure requirements towards Plant & Machinery
- To meet Working Capital requirements
- General Corporate Purposes
Vivekanand Cotspin Limited Address / Contact Details
Vivekanand Cotspin Ltd.
S/No 181/1, 182/1
At Rangpurda,Kadi
Mahesana, Gujarat, 382715
Tel. No.: +91 9227825102
E-mail: cs@vcottonexport.com
Website:https://www.vcottonexport.com/
IPO Snapshot
Vivekanand Cotspin IPO Lot Size
The Vivekanand Cotspin IPO has a lot size of 3,000 shares. Retail investors require a minimum investment of ₹2,22,000 by applying for 2 lot (6,000 shares). The maximum application allowed for the retail category is 2 lots (6,000 shares), requiring an investment of ₹2,22,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 6,000 | 222,000.00 |
| Retail (Max) | 2 | 6,000 | 222,000.00 |
| S-HNI (Min) | 3 | 9,000 | 333,000.00 |
| S-HNI (Max) | 9 | 27,000 | 999,000.00 |
| B-HNI (Min) | 10 | 30,000 | 1,110,000.00 |
Issue Reservation
- Anchor Investors — 30%
- QIB — 20%
- NII — 15%
- RII — 35%
Book Running Lead Managers
- Swastika Investmart Ltd
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 Vivekanand Cotspin IPO?
Vivekanand Cotspin IPO is a Book-building IPO with a total issue size of ₹24.05 crore. The Vivekanand Cotspin IPO price band is ₹32 to 37 per share. The Vivekanand Cotspin IPO subscription opens on Mon, Sep 21, 2026, and closes on Wed, Sep 23, 2026. The Vivekanand Cotspin IPO will be listed on the BSE. MUFG Intime India Private Limited is the registrar for the Vivekanand Cotspin IPO.
When will the Vivekanand Cotspin IPO open for subscription?
The Vivekanand Cotspin IPO opens on Mon, Sep 21, 2026 and closes on Wed, Sep 23, 2026
What is Vivekanand Cotspin IPO Price Band?
Vivekanand Cotspin IPO Price Band is ₹32 to 37 per share.
What is Vivekanand Cotspin IPO Lot Size?
Vivekanand Cotspin IPO lot size is 3000 shares, Retail investors need a minimum investment of ₹222000 based on the upper price band
What is the minimum investment for Vivekanand Cotspin IPO?
The minimum investment for Vivekanand Cotspin IPO is ₹222000, based on one lot of 3000 shares at the upper price band of ₹37 per share.
How to apply for Vivekanand Cotspin IPO?
Investors can apply for the Vivekanand Cotspin 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 Wed, Sep 23, 2026. The application amount remains blocked until the Vivekanand Cotspin IPO allotment is finalized.
What is Vivekanand Cotspin IPO Issue Size?
Vivekanand Cotspin IPO issue size is ₹24.05 crores.
What is the Vivekanand Cotspin IPO Allotment Date?
Vivekanand Cotspin IPO allotment date is Thu, Sep 24, 2026.
Who is the Vivekanand Cotspin IPO Registrar?
The registrar for Vivekanand Cotspin IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Vivekanand Cotspin IPO allotment status, refund processing, and other IPO-related information.
Who is the Vivekanand Cotspin IPO Lead Manager?
The book-running lead managers (BRLMs) for the Vivekanand Cotspin IPO are Swastika Investmart Ltd. 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 Vivekanand Cotspin IPO Red Herring Prospectus (RHP).