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N R Vandana Tex Industries Limited IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.45.00
Issue Size:
Rs.27.89 Cr
Lot Size:
3 shares
Open Date:
May 28
N R Vandana Tex Industries Limited IPO Overview
Bidding Dates
May 28 - May 30
Min Investment
₹135
Price Range
₹45.00
Issue Size
₹27.89 Cr
IPO DRHP Doc
Company Overview
NR Vandana Textile IPO is a bookbuilding of ₹27.89 crores, consisting of a fresh issue of 61.98 lakh shares. Incorporated in 1992, N R Vandana Tex Industries Limited is a Kolkata-based company specializing in the design, manufacturing, and wholesale distribution of cotton textile products, including sarees, salwar suits, and bed sheets. The company markets its products under the brand names Vandana and Tanya. Operating on a B2B model, it distributes products through a network of 1,041 wholesalers across 31 Indian states and utilizes a B2B e-commerce platform for broader reach. Certain 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.
IPO Timeline
Opens
May 28
Closes
May 30
Allotment
Jun 2
Refunds
Jun 3
Shares Credit
Jun 3
Listing
Jun 4
Opens
May 28
Closes
May 30
Allotment
Jun 2
Refunds
Jun 3
Shares Credit
Jun 3
Listing
Jun 4
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 36.54x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 126.70x | Oversubscribed |
| RII (Retail Individual Investors) | 0.00x | Undersubscribed |
| Total Subscription | 101.00x | Oversubscribed |
Last updated: May 30, 2025, 06:21 PM
Current GMP:
Rs.14
Est. Listing:
Rs.59
Est. Gain:
+31.1%
Star Rating:
★★★★★(4/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹0 Cr | ₹183.55 Cr | ₹167.96 Cr |
| Net Worth | ₹0 Cr | ₹25.16 Cr | ₹17.27 Cr |
| Profit After Tax | ₹8.6 Cr | ₹4.29 Cr | ₹1.8 Cr |
| Reserves and Surplus | ₹0 Cr | ₹25.17 Cr | ₹17.64 Cr |
| Revenue | ₹271.1 Cr | ₹220.21 Cr | ₹195.6 Cr |
| Total Borrowing | ₹0 Cr | ₹68.98 Cr | ₹65.08 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Focused on B2B textile products with wide customer base.
- Diverse product range including sarees, salwar suits, bed sheets.
- Strong network of 1041 wholesalers across 31 states.
- Known brands “Vandana” and “Tanaya” recognized in the market.
- Awarded Best Debutant – Apparels by Ajio in 2022.
IPO Details
NR Vandana Textile IPO Details
| Face Value | ₹10 per share |
| Fresh Issue | 61,98,000 shares (aggregating up to ₹27.89 Cr) |
| IPO Date | May 28, 2025 to May 30, 2025 |
| Issue Price | ₹45 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Listing Date | June 4, 2025 |
| Lot Size | 3,000 Shares |
| Market Maker Portion | 3,12,000 shares |
| Share Holding Post Issue | 2,32,94,809 shares |
| Share Holding Pre Issue | 1,70,96,809 shares |
| Total Issue Size | 61,98,000 shares (aggregating up to ₹27.89 Cr) |
NR Vandana Textile IPO Reservation
Share Reservation Distribution
HNI (NII)
2,949,000 shares (66.46%)
QIB
1,176,000 shares (26.5%)
Market Maker
312,000 shares (7.03%)
NR Vandana Textile IPO Promoter Holding
| Share Holding Post Issue | |
| Share Holding Pre Issue | 100.00% |
NR Vandana Textile IPO Listing Details
| ₹45 per share |
| INE104101014 |
| June 4, 2025 |
| NRVANDANA |
Key Dates
Open Date:May 28
Close Date:May 30
Listing Date:June 4
