NR Vandana Textile IPO
- IPO Date28 May, 2025 to 30 May, 2025
- Listing Date04 Jun, 2025
- Face Value₹10 per share
- Issue Price₹42 to ₹45 per share
- Lot Size3000 Shares
- Minimum Investment₹1,35,000
- Listing AtNSE SME
- Total Issue Size61,98,000 Shares
(aggregating up to ₹27.89 Cr) - Fresh Issue61,98,000 Shares
(aggregating up to ₹27.89 Cr)
- Offer for Sale-
- Issue TypeBookbuilding IPO
- Share holding pre issue1,70,96,809
- Shareholding post issue2,32,94,809
IPO Dates
Closing Date
30 May, 2025
Initiation of Refunds
03 Jun, 2025
Listing Date
04 Jun, 2025
28 May, 2025
Opening Date
02 Jun, 2025
Basis of Allotment
03 Jun, 2025
Credit of Shares
NR Vandana Textile Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 1 | 3000 | ₹1,35,000 |
| Retail (Min) | 1 | 3000 | ₹1,35,000 |
| HNI (Min) | 2 | 6000 | ₹2,70,000 |
NR Vandana Textile Promoter Holding
The promoters of the company are Narain Prasad Lohia, Prabhu Lohia and Gyanesh Lohia.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | - |
NR Vandana Textile COMPANY INFORMATION
NR Vandana Textile IPO is a bookbuilding of ₹27.89 crores. The issue is entirely a fresh issue of 61.98 lakh shares. NR Vandana Textile IPO opens for subscription on May 28, 2025 and closes on May 30, 2025. The allotment for the NR Vandana Textile IPO is expected to be finalized on Monday, June 2, 2025. NR Vandana Textile IPO will be list on NSE SME with a tentative listing date fixed as Wednesday, June 4, 2025. NR Vandana Textile IPO price band is set at ₹42 to ₹45 per share. The minimum lot size for an application is 3000. The minimum amount of investment required by retail investors is ₹1,26,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,35,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹2,70,000. Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is the book-running lead manager of the NR Vandana Textile IPO, while Cameo Corporate Services Limited is the registrar for the issue. Refer to NR Vandana Textile IPO DRHP for detailed information.
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 brand names Vandana and Tanya.
Operating on a B2B model, the company distributes its products through a network of 1,041 wholesalers across 31 Indian states and leverages a B2B e-commerce platform for broader reach. Certain manufacturing processes are outsourced on a job-work basis, with the company providing detailed technical specifications such as designs, patterns, quality standards, and fabric types.
Highlights
- Three generations of experience in the textile business
- Three manufacturing units and four warehouses
- 39,000 sq. ft. factory facility
Competitive Strengths
- Extensive wholesaler network enabling wide market penetration
- Robust pan-India distribution network
- Product availability on major B2B platforms: SOLV, Udaan, Bijnis, Jozzby, and Ajio
- Strong supplier relationships ensure cost-effective procurement and operational efficiency
- Long-standing partnerships with job workers
- Experienced leadership team with a proven track record in the industry
FAQs About Nr Vandana Textile Ipo
NR Vandana Textile IPO will open on 28 May, 2025 and close on 30 May, 2025. Investors must apply within this period to participate.
The NR Vandana Textile IPO price band is set between ₹42.00 and ₹45.00 per share. The minimum lot size is 3000, requiring an investment of at least ₹135000.00.
The NR Vandana Textile IPO shares are expected to be listed on 04 Jun, 2025, subject to regulatory approvals and final allotment.
You can track your NR Vandana Textile IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The NR Vandana Textile IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.