N R Vandana Tex Industries Limited IPO
N R Vandana Tex Industries Limited IPO
SME NSE SME 100% Book Built Offer
Closed

Price Band

₹42 - ₹45

Total Issue

₹28 Cr

Bid Dates

28 May - 30 May

Subscription

101.00x

Listing Price

₹45 (0.00%)

Website RHP Check Allotment

Valuation

Market Cap

₹104.83 Cr

P/E Ratio

8.95x

P/B Ratio

2.28x

N R Vandana Tex Industries IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

N R Vandana Tex Industries IPO Lot Size

Lot Information for N R Vandana Tex Industries IPO
Category Lots Shares Amount
Ind (Min) 2 6,000 ₹2,70,000
Ind (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
Allocate Funds
Market Maker
3,12,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

N R Vandana Tex Industries IPO Size

Total ₹28 Cr
Fresh Issue
₹28 Cr (0.62 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Funding working capital requirements of our Company
  2. Prepayment / Repayment of Loan
  3. General corporate purposes

N R Vandana Tex Industries IPO Live Subscription

Updated as on 30-May-2025 19:00:37 hrs

Category Sub (x) Offered Bids
QIB 36.54x 11,76,000 4,29,75,000
NII 126.70x 29,49,000 37,36,32,000
Total 101.00x 41,25,000 41,66,07,000

N R Vandana Tex Industries IPO Details Live GMP

GMP ₹9
Est. Price ₹54
Est. Gain 20.00%

N R Vandana Tex Industries IPO Peer Comparison

  • 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 Financial Performance

(Rs. in crores)

Financial Performance Metrics for N R Vandana Tex Industries IPO
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

Key Performance Indicators (KPIs)

EBITDA

7.12%

PAT

3.17%

ROE

26.26%

ROCE

18.08%

Net Debt to Equity

2.01

  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Promoter Holding

Promoter

100.00%

Public

0.00%

Prabhu Lohia 24.74%
Narain Prasad Lohia 17.42%
Gyanesh Lohia 9.85%
Other Promoter 47.99%

Management

Prabhu Lohia
MD
Gyanesh Lohia
CFO

Registrar & Lead Managers

Registrar

Cameo Corporate Services

Lead Managers (1)

Marwadi Chandarana

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

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Frequently Asked Questions (FAQs)

What is N R Vandana Tex Industries IPO?
N R Vandana Tex Industries IPO is a SME IPO having an issue size of ₹28 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.
When will N R Vandana Tex Industries IPO open?
N R Vandana Tex Industries IPO opens on 28 May 25 and closes on 30 May 25.
What is the GMP of N R Vandana Tex Industries IPO?
The estimated Grey Market Premium of N R Vandana Tex Industries IPO is ₹9 per share (20.00%).
What is the lot size of N R Vandana Tex Industries IPO?
The minimum lot size of N R Vandana Tex Industries IPO is 3000 shares & the minimum application amount is Rs. 135000.
When is the allotment of N R Vandana Tex Industries IPO?
The allotment date of N R Vandana Tex Industries IPO is 02 Jun 25.
What is the listing date of N R Vandana Tex Industries IPO?
The listing date of N R Vandana Tex Industries IPO is 04 Jun 25.
What is the subscription of N R Vandana Tex Industries IPO?
N R Vandana Tex Industries IPO is subscribed 101.00 times.
What is the price band of N R Vandana Tex Industries IPO?
N R Vandana Tex Industries IPO is priced at ₹42 - ₹45 per share.
How to check allotment status of N R Vandana Tex Industries IPO?
Click the allotment link on N R Vandana Tex Industries IPO page of IPO360.
How to apply N R Vandana Tex Industries IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply N R Vandana Tex Industries IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply N R Vandana Tex Industries IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select N R Vandana Tex Industries IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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