N R Vandana Tex Industries Limited
May 28, 2025 - May 30, 2025
N R Vandana Tex Industries Limited IPO Details
SME
Status
allotment awaited
Issue Price
₹42.00 - ₹45.00
Lot Size
3000 Shares
Subscription
101 times
Exp. Premium (GMP)
₹9 (20%)
Face Value
₹10 Per share
Issue Size
Approx ₹27.89 Cr
Fresh Issue
Approx ₹27.89 Cr
Total Shares Offered
-
Retail Quota
-
QIB Quota
-
HNI Quota
-
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Bookbuilding IPO
Listing On
NSE SME
Registrar
Cameo Corporate Services Limited
Documents Links
IPO Tentative Timetable
Open Date
Wed May 28 2025
Close Date
Fri May 30 2025
Allotment Date
Mon Jun 02 2025
Refunds Initiation
Tue Jun 03 2025
Demat Transfer
Tue Jun 03 2025
Listing Date
Wed Jun 04 2025
Promoters
Pre issue Share Holding
100.00%
Post issue Share Holding
-
Company Promoters
- -
Lead Managers
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.
Live Subscription
| Date | QIB | NII* | Total |
|---|---|---|---|
| May 28, 2025 | 0.00 | 2.05 | 1.47 |
| May 29, 2025 | 2.40 | 6.34 | 5.22 |
| May 30, 2025 | 36.54 | 126.70 | 101.00 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,35,000 |
| Retail (Max) | 1 | 3000 | ₹1,35,000 |
| HNI (Min) | 2 | 6,000 | ₹2,70,000 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 17.54% |
| ROCE | 13.82% |
| Debt/Equity | 2.43 |
| RoNW | 15.10% |
| PAT Margin | 1.95 |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 3,12,000 (7.03%) |
| QIB Shares Offered | 11,76,000 (26.50%) |
| NII (HNI) Shares Offered | 29,49,000 (66.46%) |
| Total Shares Offered | 44,37,000 (100%) |
Company Financial
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 0.00 | 183.55 | 167.96 |
| Revenue | 271.10 | 220.21 | 195.60 |
| Profit After Tax | 8.60 | 4.29 | 1.80 |
| Net Worth | 0.00 | 25.16 | 17.27 |
| Reserves and Surplus | 0.00 | 25.17 | 17.64 |
| Total Borrowing | 0.00 | 68.98 | 65.08 |
About Company
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, the company distributes its products through a network of 1,041 wholesalers across 31 Indian states and leverages 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.
Key Highlights
Three generations of experience in the textile business
Three manufacturing units and four warehouses
39,000 sq. ft. factory facility
Competitive Strengths
Extensive wholesaler network enabling wide market penetration
Robust pan-India distribution network
Product availability on major B2B platforms: SOLV, Udaan, Bijnis, Jozzby, and Ajio
Strong supplier relationships ensure cost-effective procurement and operational efficiency
Long-standing partnerships with job workers
Experienced leadership team with a proven track record in the industry
Operating on a B2B model, the company distributes its products through a network of 1,041 wholesalers across 31 Indian states and leverages 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.
Key Highlights
Three generations of experience in the textile business
Three manufacturing units and four warehouses
39,000 sq. ft. factory facility
Competitive Strengths
Extensive wholesaler network enabling wide market penetration
Robust pan-India distribution network
Product availability on major B2B platforms: SOLV, Udaan, Bijnis, Jozzby, and Ajio
Strong supplier relationships ensure cost-effective procurement and operational efficiency
Long-standing partnerships with job workers
Experienced leadership team with a proven track record in the industry
Company Contact
220, mahatma gandhi roadbarabazar
Phone: +91 9331281999
Email: cs@vandanafashion.com
Website: https://www.vandanafashion.com/