N R Vandana Tex Industries Limited IPO
N R Vandana Tex Industries Limited IPO
Price Band
₹42 - ₹45
Total Issue
₹27.89 Cr
Bid Dates
28 May - 30 May
Subscription
101.07x
Est. GMP
₹9 (20.00%)
Tentative Timetable
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.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 2 | 6,000 | ₹2,70,000 |
| Individual (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 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 03 Jun | ₹9 (20%) | ₹54 |
| 02 Jun | ₹12 (26.7%) | ₹57 |
| 30 May | ₹13 (28.9%) | ₹58 |
| 29 May | ₹9 (20%) | ₹54 |
| 28 May | ₹0 (0%) | ₹45 |
| 27 May | ₹0 (0%) | ₹45 |
| 26 May | ₹0 (0%) | ₹45 |
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.
Financial Performance
(Rs. in crores)
| 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 |
KPIs
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.
Shareholding
Promoter
100.00%
Public
0.00%
Management
Subscription Status
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 |
Frequently Asked Questions
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How to apply N R Vandana Tex Industries IPO in Zerodha?
- 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
How to apply N R Vandana Tex Industries IPO in Groww?
- 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
How to apply N R Vandana Tex Industries IPO using ASBA?
- 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