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N R Vandana Tex Industries Limited

N R Vandana Tex Industries Limited launched a book-built IPO aggregating ₹27.89 crore, comprising entirely a fresh issue of 0.62 crore equity shares.

The IPO was open for subscription from May 28, 2025, to May 30, 2025, with allotment finalized on June 2, 2025. The shares were subsequently listed on NSE SME on June 4, 2025.

The IPO price band was set at ₹45 per share, with a lot size of 3,000 shares.

Retail Investors: Minimum application of 6,000 shares, amounting to ₹2,52,000.

High Net-Worth Individuals (HNI): Minimum application of 3 lots (9,000 shares), amounting to ₹4,05,000.

Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. served as the Book Running Lead Manager, and Cameo Corporate Services Ltd. acted as the registrar. Alacrity Securities Ltd. was appointed as the market maker for the IPO.

N R Vandana Tex Industries Limited IPO & Charts
₹45

0%

Open

₹45

HIgh - Low

₹45

Previous Close

₹45

Total Traded Value

0

52 Weeks High

₹45

52 Weeks Low

₹45

Updates On

May 20, 2025

IPO. Open

May 28, 2026

IPO. Close

May 30, 2026

IPO. Price

₹45.00

IPO Market price

₹104.83 Cr

IPO Details

IPO Date 4 Jun
IPO Listing Date 4 Jun
IPO Face Value ₹10 per share
IPO Price Range ₹45.00
IPO Issue Size 61,98,000 shares
IPO Sale Type Fresh Capital
Employee Discount -
IPO Issue Type Bookbuilding IPO
IPO Listing NSE SME Platform
hare Holding Pre Issue 1,70,96,809 shares

IPO Timeline

IPO Open Date 28 May
IPO Close Date 30 May
IPO Allotment (Tentative) 2 Jun
Refunds 3 Jun
Credit to Demat Account 3 Jun
IPO Listing Date 4 Jun

IPO Reservation

Category Offer
QIB Shares Offered 29,37,000 Shares
NII (HNI) Shares Offered 8,85,000 Shares
Retail Shares Offered 20,64,000 Shares

IPO Lot Size

Investors can apply for a minimum of 6,000 shares, and bids can be made in multiples of 3,000 shares.

Application Lots Share Amount
Retail (Min) 2 6,000 ₹2,70,000
Retail (Max) 2 6,000 ₹2,70,000
S-HNI (Min) 3 9,000 ₹4,05,000
S-HNI (Max) 7 21,000 ₹9,45,000
B-HNI (Min) 8 24,000 ₹10,80,000
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 brands “Vandana” and “Tanya.”

Operating on a B2B model, the company distributes its products through a network of 1,041 wholesalers across 31 Indian states. It also leverages a B2B e-commerce platform to expand its reach. Certain manufacturing processes are outsourced on a job-work basis, with the company providing detailed designs, patterns, quality standards, and fabric specifications to ensure consistent product quality.

Key Highlights

Over three generations of experience in the textile business

Three manufacturing units and four warehouses

Total factory space of 39,000 sq. ft.

Competitive Strengths

Extensive wholesaler network, enabling wide market penetration

Robust pan-India distribution network

Product availability on major B2B platforms, including SOLV, Udaan, Bijnis, Jozzby, and Ajio

Strong supplier relationships ensuring cost-effective procurement and operational efficiency

Long-standing partnerships with job workers for seamless production support

Experienced leadership team with a proven track record in the textile industry

N R Vandana Tex Industries Ltd. achieved a 23% rise in revenue and a 100% increase in PAT for FY 2024–25 over FY 2023–24.

Company Financials (Consolidated)

Assets 202.94 183.55 167.96
Total Income 271.1 220.21 195.6
Profit After Tax 8.6 4.29 1.8
EBITDA 19.28 13.86 9.77
NET Worth 33.75 25.16 17.27
Reserves and Surplus 19.93 25.17 17.64
Total Borrowing 69.02 68.98 65.08

Key Performance Indicator (KPI)

ROE 17.54%
ROCE 13.82%
Debt/Equity 2.43
RoNW 15.10%
PAT Margin 1.95%
EBITDA Margin 6.29%
Price to Book Value 0.47
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries -
2 To meet out the expenses of Working Capital Requirement 16.28
3 To meet out the General Corporate Purposes; -
4 Offer for Sale (OFS) -

Contact Details

N R Vandana Tex Industries Ltd. Address
220, Mahatma Gandhi Road
Barabazar
Kolkata, West Bengal, 700007
+91 9331281999
cs@vandanafashion.com
https://www.vandanafashion.com/

Detail Registrar

Cameo Corporate Services Ltd.
+91-44-28460390
inestors@cameoindia.com
https://ipo.cameoindia.com/

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