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N R Vandana Tex Industries IPO IPO

Mainline28 May 202530 May 2025
Open
28 May 2025
Close
30 May 2025
3
Allotment
Listing
Wed, Jun 4, 2025
Price Band
₹42 to ₹45
Issue Size
61,98,000 shares (agg. up to ₹28 Cr)
Lot Size
3,000 Shares
Listing Date
Wed, Jun 4, 2025
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total70.81x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets202.94183.55167.96
Total Income271.10220.21195.60
Profit After Tax8.604.291.80
EBITDA19.2813.869.77
NET Worth33.7525.1617.27
Reserves and Surplus19.9325.1717.64
Total Borrowing69.0268.9865.08
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Davin Sons Retail Ltd.SME₹8.78 Cr₹5512.29₹46.20-16.00%₹34.95 (+5.94%)
Purple United Sales Ltd.SME₹32.81 Cr₹12618.33₹208.95+65.83%₹409.40 (+1.83%)
SD Retail Ltd.SME₹64.98 Cr₹13123.73₹150.90+15.19%₹90.00 (+0.00%)
Forcas Studio Ltd.SME₹37.44 Cr₹8090.09₹144.40+80.50%₹141.80 (+4.30%)
Kizi Apparels Ltd.SME₹5.58 Cr₹2115.01₹24.30+15.71%₹19.27 (-3.36%)
Saraswati Saree Depot Ltd.Mainboard₹160.01 Cr₹16017.94₹203.70+27.31%₹53.62 (-0.70%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding working capital requirements of the Company16.28
2Prepayment/Repayment of Loan.5.00
3General Corporate Purposes2.11
4Issue expenses4.50
Total27.89

About N R Vandana Tex Industries IPO

Incorporated in 1992, N R Vandana Tex Industries Limited is a Kolkata-based company specializing in the design, manufacturing, and wholesale distribution of cotton textile products, including sarees, salwar suits, and bed sheets. The company markets its products under the brand names Vandana and Tanya. Operating on a B2B model, the company distributes its products through a network of 1,041 wholesalers across 31 Indian states and leverages a B2B e-commerce platform for broader reach. Certain manufacturing processes are outsourced on a job-work basis, with the company providing detailed technical specifications such as designs, patterns, quality standards, and fabric types. Key Highlights Three generations of experience in the textile business Three manufacturing units and four warehouses 39,000 sq. ft. factory facility Competitive Strengths Extensive wholesaler network enabling wide market penetration Robust pan-India distribution network Product availability on major B2B platforms: SOLV, Udaan, Bijnis, Jozzby, and Ajio Strong supplier relationships ensure cost-effective procurement and operational efficiency Long-standing partnerships with job workers Experienced leadership team w

Contact Details

N R Vandana Tex Industries Ltd. Address220, Mahatma Gandhi RoadBarabazarKolkata, West Bengal, 700007+91 9331281999cs@vandanafashion.comVisit Website