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Norspin International IPO IPO

SME[.] – [.]
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Open
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Close
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Allotment
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Listing
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Issue Size
40,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Jan 202631 Mar 202531 Mar 202431 Mar 2023
Assets139.75109.6265.7546.17
Total Income87.17100.6560.7151.22
Profit After Tax11.9810.583.881.21
EBITDA20.1117.606.472.11
NET Worth34.3120.389.804.71
Reserves and Surplus24.2320.299.714.66
Total Borrowing39.5338.575.144.79
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Qualiance International Ltd.SME₹45.11 Cr₹12710.59₹236.10+85.91%₹179.50
Madhur Knit Crafts Ltd.SME₹53.27 Cr₹10012.41₹95.00-5.00%₹56.85
Shree Balaji (Mala) Textiles Ltd.SME₹18.90 Cr₹708.62₹126.35+80.50%₹49.99
Riyaasat Lifestyle Ltd.SME₹30.20 Cr₹10617.2₹80.60-23.96%₹101.00
Rajnandini Fashion India Ltd.SME₹18.21 Cr₹639.31₹60.57-3.86%₹25.11
Kiaasa Retail Ltd.SME₹69.74 Cr₹12719.31₹116.85-7.99%₹29.00
Fractal Industries Ltd.SME₹49.00 Cr₹21615.99₹217.55+0.72%₹213.50

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Capital expenditure towards purchase of new equipment/machineries for installation at our New Manufacturing Unit of the Company located at Gurugram, Haryana.5.05
2Capital expenditure towards interior work and for setting up new Exclusive brand outlets (“EBOs”).2.66
3Funding Working Capital Requirement40.00
4Repayment/prepayment of certain borrowings availed by the Company.3.16
5General Corporate Purpose
Total50.87

About Norspin International IPO

Updated on Jul 31, 2026

Contact Details

Norspin International Ltd. AddressUnit No 807 to 811 (Eighth Floor)ILD Trade CentreSector 47Gurugram, Haryana, 1220187206084087Compliance@norspin.comVisit Website