Listed
N R Vandana Tex Industries Limited IPO
N R Vandana Tex Industries Limited is a textile manufacturing company engaged in the production and trading of fabrics and garments. Based in India, the company offers a range of products including grey fabrics, finished fabrics, and garments under the brand names "Vandana" and "Tanaya." It operates through its manufacturing unit located in Maharashtra and caters to both domestic and international markets.
Min Investment
₹1,35,000
Lot Size
3,000 Shares
Price Range
₹42.0-45.0
Issue Size (₹ Cr.)
₹27.89
IPO Type
NSE SME
Key Metrics
Face Value
₹ 10
GMP
₹ 14.0
Subscription
101.00x
EPS
₹ 4.21
P/E Ratio
1,403.0 x
RoNW
15.10%
ROE
17.54%
Debt to Equity (₹ Cr.)
2.43
Timeline
IPO Opened28/05/2025Wednesday
IPO Closed30/05/2025Friday
Allotted02/06/2025Monday
Refunded03/06/2025Tuesday
Listed04/06/2025Wednesday
Strengths
- Diverse Product Portfolio: Offers a range of textile products catering to varied customer needs.
- Experienced Management Team: Led by professionals with deep industry knowledge and operational expertise.
- Strategic Location: Manufacturing unit is well-connected, ensuring efficient logistics and distribution.
- Strong Client Relationships: Maintains long-term ties with domestic and export clients.
- Consistent Revenue Growth: Demonstrates a steady increase in revenue over recent financial years.
Weaknesses
- Low Export Contribution: A relatively small portion of revenue comes from international markets.
- Moderate Growth Trends: Revenue and asset growth have been stable but not aggressively expanding.
- High Promoter Holding: A significant stake remains with promoters, which may limit public influence.
- Domestic Market Dependence: Heavy reliance on the Indian market increases exposure to local economic shifts.
- Limited Brand Visibility: Competes with more recognized textile brands in a highly competitive industry.
N R Vandana Tex Industries Limited IPO - GMP Trend
| GMP Date | Ipo Price | GMP | Estimate Listing Price | |
|---|---|---|---|---|
| 04/06/2025 | ₹ 45.0 | ₹ 14.0 | ₹ 45-60.0 | Listed |
| 03/06/2025 | ₹ 45.0 | ₹ 14.0 | ₹ 45-60.0 | |
| 02/06/2025 | ₹ 45.0 | ₹ 14.0 | ₹ 45-60.0 | Allotment |
| 01/06/2025 | ₹ 45.0 | ₹ 14.0 | ₹ 45-60.0 | |
| 31/05/2025 | ₹ 45.0 | ₹ 14.0 | ₹ 45.0 | |
| 30/05/2025 | ₹ 45.0 | ₹ 14.0 | ₹ 45.0 | IPO Closed |
| 29/05/2025 | ₹ 45.0 | ₹ 14.0 | ₹ 45.0 | |
| 28/05/2025 | ₹ 45.0 | ₹ 0.0 | ₹ 45.0 | Live |
| 27/05/2025 | ₹ 45.0 | ₹ 0.0 | ₹ 45.0 | |
| 26/05/2025 | ₹ 45.0 | ₹ 0.0 | ₹ 45.0 | |
| 25/05/2025 | ₹ 45.0 | ₹ 0.0 | ₹ 45.0 | |
| 24/05/2025 | ₹ 45.0 | ₹ 0.0 | ₹ 45.0 |
Financials
| Period Ended | 30-06-2024 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|
| Assets (In Cr) | 194.15 | 183.55 | 167.96 | 127.46 |
| Revenue (In Cr) | 60.81 | 220.21 | 195.6 | 177.2 |
| Profit After Tax (In Cr) | 2.04 | 4.29 | 1.8 | 1.81 |
| Net Worth (In Cr) | 27.2 | 25.16 | 17.27 | 15.47 |
| Total Borrowing (In Cr) | 72.94 | 68.98 | 65.08 | 40.94 |
Subscription Details
IPO Bidding Live Updates from NSE SME
| Day | # of Share Offered | Number of Lots Offered | 28-05-2025 | 29-05-2025 | 30-05-2025 |
|---|---|---|---|---|---|
| QIB | 11,76,000 | 392 | 0.00x | 2.40x | 36.54x |
| NII | 8,85,000 | 295 | 6.85x | 6.34x | 126.70x |
| RII | 20,64,000 | 688 | 0.00x | 0.00x | 0.00x |
| Total | 41,25,000 | 1375 | 1.47x | 5.22x | 101.00x |
IPO Bidding Live Number of Shares by Category
| Category | Number of Shares offered | Number of Shares Bid | Bid Amount(Rs Cr) | ||
|---|---|---|---|---|---|
| QIB | 11,76,000 | 4,29,75,000 | 193.39 | ||
| NII | 8,85,000 | 37,36,32,000 | 1,681.34 | ||
| RII | 20,64,000 | 0 | 0.00 | ||
| Total | 41,25,000 | 41,66,07,000 | 1,874.73 |
Company Details
- 220, Mahatma Gandhi Road Barabazar
+91 9331281999
- cs@vandanafashion.com
- https://www.vandanafashion.com/
Registrar Details
- N/A
+91-44-28460390
- inestors@cameoindia.com
- https://ipo.cameoindia.com/
