The N R Vandana Tex Industries Limited IPO is opening for subscription on 28 May 2025 and will close on 30 May 2025. This is an SME IPO raising ₹27.89 crore from the fresh issue of 61.98 lakh equity shares.
The N R Vandana Tex Industries IPO allotment date will be decided on Monday, 2 June 2025. N R Vandana Tex Industries shares will be tentatively listed on NSE SME on Wednesday, 4 June 2025.
The N R Vandana Tex Industries price band has been set between ₹42 and ₹45 per share. The lot size decided for the IPO is 3000 shares, which makes the minimum investment for the retail investors ₹126000. However, if you want to avoid the oversubscription rush, then bidding at the cutoff price would be advisable, and that would make the minimum investments as ₹135000. For the HNIs, it is 2 lots, which means 6000 shares that they need to subscribe to at the least, making the minimum investments stand at ₹270000.
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N R Vandana Tex Industries NSE SME IPO Details
Detail | Information |
IPO Opening Date | May 28, 2025 |
IPO Closing Date | May 30, 2025 |
Tentative IPO Listing Date | June 4, 2025 |
Face Value | ₹10 per share |
Price Range | ₹42 to ₹45 per share |
Lot Size | 3000 shares |
Total Issue Size | 6198000 Shares (₹27.89 Cr.) |
Fresh Issue | 6198000 Shares (₹27.89 Cr.) |
IPO Segment | Book Building IPO |
Listing At | NSE SME |
Shareholding Pre-Issue | 17096809 shares |
Shareholding post-issue | 23294809 shares |
N R Vandana Tex Industries Limited | Company Overview
N R Vandana Tex Industries Limited is a renowned name in the textile industry. It has been operating since 1992 and specializes in designing, manufacturing, and distributing (wholesale) cotton textile products, which include –
- Sarees
- Salwar suits
- Bed sheets
The products are branded under the names Vandana and Tanya.
This firm runs on a B2B model where it distributes the products via a network of 1041 wholesalers. The products are distributed across different states of India.
The manufacturing process is outsourced by the firm as per the requirements and specifications of the products.
Apart, they also have 3 manufacturing units, 4 warehouses, and an overall factory facility of 39000 square feet.
N R Vandana Tex Industries Limited IPO | Key Details
- N R Vandana Tex Industries IPO Opening Date: May 28, 2025,
- N R Vandana Tex Industries IPO Closing Date: May 30, 2025.
- Allotment Date: June 2, 2025
- Price Band: ₹42 to ₹45 per share
- Lot Size: 3000 shares
- Refunds Initiated: June 3, 2025https://blog.shoonya.com/how-to-apply-for-ipos-on-shoonya/
- Shares Credited to Demat: June 3, 2025
- Listing Date: June 4, 2025
N R Vandana Tex Industries Ltd: Financial Overview
N R Vandana Tex Industries Limited witnessed a 100% rise in its profits for FY25 from a 23% rise in revenue however, it used all its reserves and surplus, net worth reduced to zero, even assets, along with the borrowings, reduced to zero during the fiscal.
Here are the details of the financials of firm –
Amounts in ₹ Crore
Financial Information | 31-Mar-25 | 31-Mar-24 | Change | Change (%) |
Assets | 0 | 183.55 | -183.55 | -100 |
Revenue | 271.1 | 220.21 | 50.89 | 23.10975887 |
Profit After Tax | 8.6 | 4.29 | 4.31 | 100.4662005 |
Net Worth | 0 | 25.16 | -25.16 | -100 |
Reserve & Surplus | 0 | 25.17 | -25.17 | -100 |
Total Borrowing | 0 | 68.98 | -68.98 | -100 |
N R Vandana Tex Industries Ltd IPO | FAQs
N R Vandana Tex Industries Ltd is engaged in the designing, manufacturing, and distribution of textile products.
The tentative IPO listing date of N R Vandana Tex Industries has been fixed as Wednesday, 4 June 2025.
The bidding date for the N R Vandana Tex Industries IPO is May 28, 2025, and it will continue until May 30, 2025.
The minimum IPO lot size for N R Vandana Tex Industries is 3000 shares, and for HNIs, it is 2 lots.
The IPO allotment is expected to be finalized on Monday, June 2, 2025.
The IPO face value is set at ₹10 per share.
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