N R Vandana Tex Industries Ltd
Price Range
₹42 - ₹45
-
Min. Quantity
3,000
Closes on
30 May 2025
-
Min. investment
₹1,35,000/3,000 Shares
N R Vandana Tex Industries Ltd IPO Timeline
N R Vandana Tex Industries Limited was originally incorporated and registered as a Private Limited Company in the name and style of N.R. Design Centre Private Limited dated May 4, 1992 issued by the Registrar of Companies, West Bengal. Further, Company name got changed to 'N R Vandana Tex Industries Private Limited' and a fresh Certificate of Incorporation dated May 31, 2024 was issued by Registrar of Companies, Central Processing Centre. Status of the Company converted into a Public Limited and name of the Company was changed to N R Vandana Tex Industries Limited', dated August 13, 2024 issued by Registrar of Companies, Central Processing Centre.
| Event | Date |
|---|---|
| N R Vandana Tex Industries Ltd IPO Opening Date | 28 May 2025 |
| N R Vandana Tex Industries Ltd IPO Closing Date | 30 May 2025 |
| Basis of Allotment | 2 June 2025 |
| Initiation of Refunds | 3 June 2025 |
| Credit of Shares to Demat | 3 June 2025 |
| N R Vandana Tex Industries Ltd IPO Listing Date | 4 June 2025 |
N R Vandana Tex Industries Ltd IPO Details
| N R Vandana Tex Industries Ltd IPO Date | 28 May 2025 to 30 May 2025 |
| N R Vandana Tex Industries Ltd IPO Face Value | ₹10 per share |
| N R Vandana Tex Industries Ltd IPO Price | ₹42 to ₹45 per share |
| N R Vandana Tex Industries Ltd IPO Lot Size | 3,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹27.89 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹27.89 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 11,76,000 of the Net Offer |
| Retail Shares Offered | Not less than 20,64,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 8,85,000 of the Net Offer |
| Company Promoters | Narain Prasad Lohia, Prabhu Lohia, Gyanesh Lohia |
N R Vandana Tex Industries Ltd IPO Lot Size
The N R Vandana Tex Industries Ltd IPO lot size is 3,000 shares. A retail-individual investor can apply for up to 1 lots (3,000 shares or ₹1,35,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 3,000 | ₹1,35,000 |
| Maximum | 1 | 3,000 | ₹1,35,000 |
- Strengths
- Risks
- Opportunities
- Wide Geographic Presence.
- Strong Distribution Network.
- Digital Sales Growth.
- Product portfolio.
- Supplier network enabling procurement at predicable and competitive pricing, leading to an overall efficient cycle.
- Long Standing Relationship with job workers.
- Experienced management team with a proven track record.
Company Financials
N R Vandana Tex Industries Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 179.71 | 219.95 | 4.07 |
| 03-2023 | 164.15 | 195.6 | 1.76 |
| 03-2022 | 123.76 | 177.2 | 1.82 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding working capital requirements of the company
- Prepayment/repayment of loan
- General corporate purposes
N R Vandana Tex Industries Ltd IPO Promoter Holding
| Pre Issue Share Holding | 17.42% |
| Post Issue Share Holding | 12.79% |
N R Vandana Tex Industries Ltd IPO Subscription Status (Bidding Detail)
The N R Vandana Tex Industries Ltd IPO is subscribed 93.9642 times on 30 May 2025 05:00:00 PM. The public issue subscribed 0 times in the retail category, 36.5434 times in the QIB category, and 422.5356 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 36.5434 | 422.5356 | - | - | 93.9642 |
N R Vandana Tex Industries Ltd IPO Prospectus
N R Vandana Tex Industries Ltd IPO Listing Date
| BSE Script | 94328 |
| NSE Symbol | NRVANDANA |
| Listing In | NSE - SME |
| ISIN | INE104101014 |
| IPO Price | ₹45 |
| Face Value | ₹10 |
Company Contact Information
220 Mahatma Gandhi RoadBarabazar,Kolkata-700007
Phone: +91 93312 81999
Email: info@vandanafashion.com
Website: www.vandanafashion.com
N R Vandana Tex Industries Ltd IPO Registrar
N R Vandana Tex Industries Ltd IPO Lead Manager(s)
- Marwadi Chandarana Intermediaries Brokers Pvt Ltd
FAQ
What is the issue size of N R Vandana Tex Industries Ltd IPO?
I have pre-applied for N R Vandana Tex Industries Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.