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N R Vandana Tex Industries IPO
10.42xsubscribed

N R Vandana Tex Industries IPO

Textile
listed
₹1.26LMin. investment

N R Vandana Tex Industries Limited IPO Details

SectorTextile
Price range₹42.00 – ₹45.00
IPO type
SME
Lot size3000 shares
Issue size₹27Cr
Red Herring Prospectus
Read
Market cap
₹104.8CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹270.8CrLower than sector avg
Growth rate3Y CAGR
17.70%

N R Vandana Tex Industries IPO Subscription Status

Date
QIB
NII
Retail
Total
28-May-25
0.0 times (X)
0.0 times (X)
0.0 times (X)
0.0 times (X)
29-May-25
2.4X
0.0X
0.0X
0.68X
30-May-25
36.54X
0.0X
0.0X
10.42X

As on 28-May-25, 5:30 PM

N R Vandana Tex Industries IPO Timeline

  1. Pre-apply
    27 May 2025
  2. Bid start
    28 May 2025
  3. Bid end
    30 May 2025
  4. Allotment
    2 Jun 2025
  5. Release of funds
    3 Jun 2025
  6. Demat transfer
    3 Jun 2025
  7. Listing
    4 Jun 2025

About N R Vandana Tex Industries Limited

Incorporated in 1992, the company designs, manufactures, and wholesales cotton textile products, including sarees, salwar suits, and bed sheets, under the brands “Vandana” and “Tanaya.” Operating on a B2B model, it serves 1,397 wholesalers across 31 Indian states and union territories, along with a B2B e-commerce platform. In FY25, 79.17% of the total revenue came from wholesalers, while the rest was contributed by online clients. Manufacturing is both in-house and outsourced to 229 job workers. As of March 31, 2025, 88.10% of revenue came from the east region. The company focuses on direct client engagement and strong local market connections to drive growth.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
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Objectives of N R Vandana Tex Industries Limited IPO

Working Capital Requirements
58.37%
The company will spend ₹16.28 crore towards working capital requirements.
General Corporate Purposes
23.80%
Part of the IPO proceeds will be used for general corporate purposes.
Repayment of Loan
17.93%
The company will use ₹5 crore to prepay/ repay the loan.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹270.8Cr17.70%₹8.6Cr₹104.8Cr8.902.01
This sector (avg.)₹454.61Cr0%₹6.27Cr₹1,147.5Cr44.260.81
₹4,934.91Cr---₹729.14Cr₹36,802.21Cr48.160.19
₹6,387.88Cr---₹815.11Cr₹29,722.44Cr35.480.09
₹4,937.87Cr---₹874.41Cr₹13,216.91Cr22.420.40

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

N R Vandana Tex Industries IPO Contact Details

Company NameN R Vandana Tex Industries Limited

How to apply for N R Vandana Tex Industries IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

N R Vandana Tex Industries Limited IPO FAQs

Investors can apply for the N R Vandana Tex Industries IPO through their Demat account via the stock exchange or through their broker.
The issue size of the N R Vandana Tex Industries IPO is 27 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
N R Vandana Tex Industries IPO will be open between 2025-05-28 and 2025-05-30.
N R Vandana Tex Industries IPO allotment date is 2025-06-03. For N R Vandana Tex Industries IPO allotment status check, you can visit the website of the registrar of the IPO.
For N R Vandana Tex Industries IPO, the IPO registrar is Cameo Corporate Services Limited. You can check N R Vandana Tex Industries IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The N R Vandana Tex Industries IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The N R Vandana Tex Industries IPO lot size is 3000 and minimum order quantity is 3000.
N R Vandana Tex Industries IPO has set the price band for its IPO at 45 per equity share with a face value of 10.