N R Vandana Tex Industries Limited IPO
N R Vandana Tex Industries are recognized brands in the cotton textile industry, known for high-quality sarees, salwar suits, and bed sheets. Operating on a B2B model, the company supplies products through 1,397 wholesalers across 31 Indian states and union territories, and via B2B e-commerce. Awarded "Best Debutant – Apparels" by Ajio in 2022, the company handles in-house and outsourced manufacturing, engaging 229 job workers as of March 2025. It derives most revenue from eastern India (88.10%) and grows through direct client outreach and local market ties.
Price Band₹42 - ₹45 |
Dates28 May - 30 May |
GMP₹9 (20.00%) |
Subscriptions202.29 times |
Issue Size₹27.89 Crs |
N R Vandana Tex Industries IPO Objects
- Funding working capital requirements of our Company
- Prepayment / Repayment of Loan
- General corporate purposes
N R Vandana Tex Industries IPO Details
Price Band₹42 - ₹45 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹27.89 Cr (0.62 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹27.89 Cr (0.62 Cr Shares) |
Face Value₹10 per equity share |
N R Vandana Tex Industries IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
3,000
1,35,000
Maximum
1
3,000
1,35,000
|
|||
| NII |
Minimum
2
6,000
2,70,000
|
|||
N R Vandana Tex Industries IPO Subscription
Updated as on 30-May-2025 19:00:37 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 36.54 | 11,76,000 | 4,29,75,000 |
| NII | 422.54 | 8,85,000 | 37,39,44,000 |
| Total | 202.29 | 20,61,000 | 41,69,19,000 |
N R Vandana Tex Industries IPO GMP
The estimated Grey Market Premium of N R Vandana Tex Industries IPO is ₹9 per share (20.00%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 3,12,000 EQ Shares |
N R Vandana Tex Industries IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 270.80 | 220.11 | 195.24 |
| Profit after Tax | 8.60 | 4.29 | 1.80 |
| Net Worth | 33.75 | 25.16 | 17.27 |
| Total Borrowing | 69.02 | 68.98 | 65.08 |
| Total Assets | 202.94 | 183.55 | 167.96 |
| NAV per share (in ₹) | 19.74 | 0.00 | 0.00 |
| EPS - Basic (in ₹) | 5.03 | 2.56 | 1.18 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 7.12% |
| PAT | 3.17% |
| ROE | 26.26% |
| ROCE | 18.08% |
| Net Debt to Equity | 2.01 |
| PE Ratio | 8.95 |
| PB Ratio | 2.28 |
| Mkt Cap (in Crs.) | 104.83 |
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
N R Vandana Tex Industries IPO Peer Comparision
- There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.
N R Vandana Tex Industries IPO Peer Comparision
- There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.
Promoter Details
| Name | Shareholding |
|---|---|
| Prabhu Lohia | 24.74% |
| Narain Prasad Lohia | 17.42% |
| Gyanesh Lohia | 9.85% |
| Other Promoter | 47.99% |
| Total | 100% |
Management Details
| Name | Designation |
|---|---|
| Prabhu Lohia | MD |
| Gyanesh Lohia | CFO |
Company Details
Name: N R Vandana Tex Industries Limited
Address: 220, Mahatma Gandhi Road, Barabazar, Kolkata, Kolkata, West Bengal – 700007, India
Number: +91 9331281999
Email: cs@vandanafashion.com
Website: www.vandanafashion.com
Book Running Lead Managers (BRLMs)
Marwadi Chandarana
Visit WebsiteRTAs
Cameo Corporate Services
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
N R Vandana Tex Industries IPO is a SME IPO having an issue size of Rs. ₹27.89 Crs. N R Vandana Tex Industries IPO is priced at ₹42 - ₹45 per share. The issue opens on 28 May 25 and closes on 30 May 25.
N R Vandana Tex Industries IPO opens on 28 May 25 and closes on 30 May 25.
The estimated Grey Market Premium of N R Vandana Tex Industries IPO is ₹9 per share (20.00%).
The minimum lot size of N R Vandana Tex Industries IPO is 3000 shares & the minimum application amount is Rs. 135000.
The allotment date of N R Vandana Tex Industries IPO is 02 Jun 25.
The listing date of N R Vandana Tex Industries IPO is 04 Jun 25.
N R Vandana Tex Industries IPO is subscribed 202.29 times.
N R Vandana Tex Industries IPO is priced at ₹42 - ₹45 per share.
Click the allotment link on N R Vandana Tex Industries IPO page of IPO360.
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select N R Vandana Tex Industries IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
We are a one-stop destination for all your IPO needs. Get reliable, accurate, and timely information for all the IPOs in India!