NR Vandana Tex IPO description – NR Vandana Tex Industries specializes in the design, manufacture, and wholesale distribution of cotton textile products, including a diverse range of high quality cotton sarees, salwar suits, and bed sheets. The company markets its products under the brand names “Vandana” and “Tanaya,” which are well-regarded in the textile industry. In recognition of its excellence, N R Vandana Tex Industries received the “Best Debutant – Apparels” award at the Ajio Business Partnership Meet in 2022.
Operating on a B2B business model, the company sells its products through a network of 499 wholesalers and its product catalog features a diverse range of more than 1500 distinct SKUs as of 30 June 2024, covering all 31 states and union territories in India. Additionally, it utilizes a B2B e-commerce platform to expand its reach and enhance sales capabilities. As of 31 October 2024, the company had 84 employees and 34 persons working as contract labor.
Promoters of NR Vandana Tex Industries – Narain Lohia, Prabhu Lohia & Gyanesh Lohia
Table of Contents
NR Vandana Tex Industries IPO Details
| NR Vandana Tex IPO Dates | 28 – 30 May 2025 |
| Vandana Fashion IPO Price | INR 42 – 45 per share |
| Fresh issue | 61,98,000 shares (INR 26.03 – 27.89 crore) |
| Offer For Sale | NIL |
| Total IPO size | 61,98,000 shares (INR 26.03 – 27.89 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 1,35,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
NR Vandana Tex Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 195.24 | 220.11 | 270.80 |
| Expenses | 192.98 | 214.59 | 259.96 |
| Net income | 1.67 | 4.19 | 8.27 |
NR Vandana Tex Offer News
- NR Vandana Tex RHP
- NR Vandana Tex Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
NR Vandana Tex Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 1.18 | 2.56 | 5.03 |
| PE ratio | – | – | 8.35 – 8.95 |
| RONW (%) | 10.42 | 17.07 | 25.46 |
| NAV | 59.48 | 77.11 | 19.74 |
| ROCE (%) | 11.22 | 13.82 | 18.08 |
| Operating EBITDA (%) | 5.00 | 6.29 | 7.12 |
| Debt/Equity | 3.54 | 2.62 | 2.01 |
NR Vandana Tex IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 3 June 2025 | 10 | – | 20,000 |
| 2 June 2025 | 9 | – | 20,000 |
| 31 May 2025 | 10 | – | 21,500 |
| 30 May 2025 | 10 | – | 21,500 |
NR Vandana Tex IPO Subscription – Live Updates
| Category | QIB | NII | Total |
|---|---|---|---|
| Shares Offered | 11,76,000 | 29,49,000 | 41,25,000 |
| 30 May 2025 | 36.54 | 126.80 | 101.07 |
| 29 May 2025 | 2.40 | 6.38 | 5.24 |
| 28 May 2025 | 0.00 | 2.06 | 1.47 |
The market maker reservation portion of 3,12,000 shares and anchor investor portion of 17,61,000 shares are not included in the above calculations.
NR Vandana Tex IPO Allotment Status
NR Vandana Tex IPO allotment status will be available on Cameo Corporate Services’ website. Click on Weblink to get allotment status.
NR Vandana Tex IPO Dates & Listing Performance
| IPO Opening Date | 28 May 2025 |
| IPO Closing Date | 30 May 2025 |
| Finalization of Basis of Allotment | 2 June 2025 |
| Initiation of refunds | 3 June 2025 |
| Transfer of shares to demat accounts | 3 June 2025 |
| IPO Listing Date | 4 June 2025 |
| Opening Price on NSE SME | INR 45 per share (no change) |
| Closing Price on NSE SME | INR 43.70 per share (down 2.89%) |
NR Vandana Tex Offer Lead Manager
MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED
X-change Plaza, Office no. 1201 to 1205,
12th Floor, Building No. 53E, Zone-5, Road 5E,
Gift City, Gandhinagar – 382355, Gujarat
Phone: 022-69120027
Email: [email protected]
Website: www.marwadichandarana.com
NR Vandana Tex Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700
Email: [email protected]
Website: www.cameoindia.com
NR Vandana Tex Contact Details
N R VANDANA TEX INDUSTRIES LIMITED
220, Mahatma Gandhi Road, Barabazar,
Kolkata, Kolkata, West Bengal – 700007, India
Phone: +91 9331281999
E-mail: [email protected]
Website: www.vandanafashion.com
IPO FAQs
What is the Vandana Fashion IPO size?
NR Vandana Tex offer size is INR 26.03 – 27.89 crores.
What is the NR Vandana Tex offer price band?
NR Vandana Tex public offer price is INR 42 – 45 per share.
What is the lot size of the NR Vandana Tex IPO?
NR Vandana Tex offer lot size is 3,000 shares.
What is NR Vandana Tex IPO GMP today?
NR Vandana Tex IPO GMP today is INR 10 per share.
What is the NR Vandana Tex kostak rate today?
NR Vandana Tex kostak rate today is INR NA per application.
What is NR Vandana Tex IPO Subject to Sauda rate today?
NR Vandana Tex Subject to Sauda rate today is INR 20,000 per application.
HI,
minimum application size will change to 6000 as per new ICDR Regulation