NR Vandana Tex IPO Details
NR Vandana Tex IPO Details, GMP, Date, Subscription, Allotment
NR Vandana Tex IPO is a Book Building issue of ₹27.89 Crore, offering about 61.98 Crore to the public.
This IPO is a complete Fresh Issue of 61.98 Crore shares worth ₹27.89 Crore.
Price band for NR Vandana Tex IPO is ₹42 to ₹45 per equity share. One lot consists of 3000 shares. Minimum investment for retail investors is ₹126000. It is recommended to apply at the cutoff price of ₹45 to improve allotment chances.
Retail investors can apply for 1 lot (3000 shares) costing ₹135000. NIIs must invest ₹270000 for 2 lots (6000 shares). QIBs need ₹1080000 to apply for 8 lots (24000 shares).
50% for NIIs, 20% for QIBs, and 30% of shares were reserved for anchor investors and their bidding date is 27 May 2025.
NR Vandana Tex Industries Limited reported revenue of ₹271.10 Crores in and ₹ Crores in . It reported a Profit of ₹8.59 Crores in and a Profit of ₹4.29 Crores in after taxes.
Cameo Corporate Services Limited is the registrar of the NR Vandana Tex IPO. The book running lead manager is Marwadi Chandarana Intermediaries Brokers Private Limited.
NR Vandana Tex Industries Limited IPO (NR Vandana Tex IPO) Overview
| IPO Name | NR Vandana Tex Industries Limited IPO |
| IPO Status | Listed on NSE at INR 45 (0% Profit) |
| IPO Open Date | 28 May 2025 |
| IPO Close Date | 30 May 2025 |
| Face Value | ₹10 Per Equity Share |
| One Lot Size | 3000 Equity Shares |
| Total Issue | 61,98,000 Shares (worth up to ₹27.89 Crore Rs) |
| Fresh Issue | 61,98,000 Shares (worth up to ₹27.89 Crore Rs) |
| Issue Type | Book Building Issue |
| IPO Listing | NSE EMERGE |
| NII Portion | Up to 50% of Net Issue |
| Net QIB Portion | Up to 20% of Net Issue |
| Anchor Portion | Up to 30% of Net Issue |
| DRHP Draft Prospectus | View DRHP |
| RHP Draft Prospectus | View RHP |
| Anchor Investors List | View List |
NR Vandana Tex IPO Important Dates
The following table gives all important events and their timelines for NR Vandana Tex IPO.
| Anchor Investors Bid Date | 27 May 2025 |
| IPO Open Date | 28 May 2025 |
| IPO Close Date and Time | 30 May 2025 at 3:15 PM |
| Basis of Allotment | 2 Jun 2025 at 9:00 PM |
| Refunds | 3 Jun 2025 |
| Credit to DEMAT | 3 Jun 2025 |
| IPO Listing Date | 4 Jun 2025 |
NR Vandana Tex IPO Investor Reservation
NR Vandana Tex Industries Limited issued a total 61.98 Crore shares through this IPO. 29.49 Lakh (47.57%) shares for NIIs. 11.76 Lakh (18.97%) shares for QIBs. 17.61 Lakh (28.41%) shares for Anchor Investors. 3.12 Lakh (5.03%) shares for Market Makers.
| Investor | Shares Reserved | Reservation % |
|---|---|---|
| NII | 29,49,000 | 47.57% |
| QIB | 11,76,000 | 18.97% |
| Anchor Investors | 17,61,000 | 28.41% |
| Market Makers | 3,12,000 | 5.03% |
| Total | 61,98,000 | 100% |
NR Vandana Tex IPO Lot Amounts
Investors can send applications in lots of 3000 shares and in multiples thereof. The minimum amount of retail application of 3000 shares (1 lot) is ₹135000 and maximum application amount is ₹135000 for 3000 shares (1 lots). The following depicts the minimum and maximum by Retail, HNI and QIB investors in terms of shares, lots and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 3000 | ₹135000 |
| Retail Maximum | 1 | 3000 | ₹135000 |
| SHNI Minimum | 2 | 6000 | ₹270000 |
| SHNI Maximum | 3 | 9000 | ₹405000 |
| BHNI Minimum | 4 | 12000 | ₹540000 |
| BHNI Maximum | 7 | 21000 | ₹945000 |
| QIB Minimum | 8 | 24000 | ₹1080000 |
About NR Vandana Tex Industries Limited Company
The company is engaged in the design, manufacturing, and wholesale of cotton textile products, including cotton sarees, salwar suits, and bed sheets. Its products are marketed under the in-house brands “Vandana” and “Tanaya,” and have gained industry recognition, including the “Best Debutant – Apparels” award at the Ajio Business Partnership Meet in 2022.
Operating under a B2B business model, the company distributes its products through a network of 1,397 wholesalers across 31 states and union territories in India, as well as through B2B e-commerce platforms.
The manufacturing process involves cutting, dyeing, embroidery, sewing, embellishments, finishing, inspection, and packing. Some of the production is outsourced to job workers, based on the company’s technical specifications. As of March 31, 2025, 229 job workers were engaged for manufacturing activities.
The company generates most of its revenue from the eastern region of India (88.10%), with the remaining contributions from the western (7.34%), southern (2.46%), and northern (2.10%) regions. It continues to grow its market presence through direct client engagement and strong regional networks.
NR Vandana Tex Industries Limited Financial Report and Review
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | Review |
|---|---|---|---|---|
| Revenue | 271.10 | 220.21 | 195.60 | Growing |
| Profit | 8.59 | 4.29 | 1.79 | Growing |
| Expenses | 259.96 | 214.59 | 192.97 | Good |
| Assets | 202.93 | 183.54 | 167.95 | Growing |
| Networth | 33.75 | 25.15 | 17.26 | Growing |
| Borrowings | 67.86 | 65.91 | 61.11 | Good |
Amount ₹ in Crores if not stated separately
NR Vandana Tex Industries Limited Key Performance Indicators
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 270.80 | 220.10 | 195.24 |
| Revenue from Operations % | 270.80 | 220.10 | 195.24 |
| ROE % | 26.26 | 17.54 | 9.16 |
| ROCE % | 18.08 | 13.82 | 11.22 |
| EBITDA | 19.27 | 13.85 | 9.76 |
| EBITDA Margin % | 7.12 | 6.29 | 5.00 |
| PAT Margin % | 3.17 | 1.95 | 0.92 |
| Debt to Equity Ratio | 2.01 | 2.62 | 3.54 |
| Earnings Per Share (in ₹) | 5.03 | 2.56 | 1.18 |
| Return on Networth % | 25.46 | 17.07 | 10.42 |
| Net Asset Value | 19.74 | 77.11 | 59.48 |
NR Vandana Tex Industries Limited IPO Peer Group Comparison
| No Direct Peers Available and Listed |
|---|
Objects of the NR Vandana Tex IPO Offer
NR Vandana Tex Industries Limited filed to raise ₹27.89 Crore Rs funds through Fresh Issue and is about to use the funds on the following objects:
| S. No | Particulars | Amount (₹ in Crores) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 16.28 |
| 2 | Prepayment/Repayment of Loan | 5 |
| 3 | General Corporate Purposes | NA |
Amount ₹ in Crores if not stated separately
NR Vandana Tex Industries Limited Office Address
NR Vandana Tex Industries Limited
220, Mahatma Gandhi Road,
Barabazar, Kolkata,
Kolkata, West Bengal
700007, India
NR Vandana Tex IPO Details FAQs
1. What is the NR Vandana Tex IPO ?
NR Vandana Tex IPO is a Book Building issue of ₹27.89 Crore, offering about 61.98 Crore to the public.
2. What is the NR Vandana Tex IPO price band and face value per share?
Price band for NR Vandana Tex IPO is ₹42 to ₹45 per equity share. The face value of each share is ₹10 per equity share.
3. When will NR Vandana Tex IPO open date for subscription?
NR Vandana Tex IPO open date for subscription is 28 May 2025 and close date is 30 May 2025 at 3:15 PM.
4. What is the NR Vandana Tex IPO Investors reservation portions?
The NR Vandana Tex IPO has allocated % for Retail, 50% for NIIs, and 20% for QIBs. 30% of shares are reserved for Anchor Investors.
5. What is the issue size of the NR Vandana Tex IPO ?
This IPO is a complete Fresh Issue of 61.98 Crore shares worth ₹27.89 Crore.
6. What is the lot size and the minimum investment for retail, NII, and QIB applicants of NR Vandana Tex IPO ?
In the NR Vandana Tex IPO , the minimum investment for Retail investors is 1 lot (3000 shares), totaling ₹135000. For NIIs, the investment is 2 lots (6000 shares), amounting to ₹270000. QIBs need ₹1080000 to subscribe to 8 lots (24000 shares) of the NR Vandana Tex IPO.
7. How to apply for the NR Vandana Tex IPO ?
One can apply for NR Vandana Tex IPO through the ASBA via bank account. If the application amount is below ₹5,00,000, they can apply via UPI through their stock brokers like Zerodha, Groww, Paytm Money etc.
8. What is NR Vandana Tex IPO Lot Size?
NR Vandana Tex IPO one lot size is 3000 equity shares.
9. What is the NR Vandana Tex IPO Allotment Date?
NR Vandana Tex IPO Allotment Date is 2 Jun 2025.
10. What is the NR Vandana Tex IPO Listing Date?
NR Vandana Tex IPO listing date is 4 Jun 2025.