NR Vandana Textile IPO subscribed 101.00 times on the last day, a retail quota of over 0 times, NII of over 126.70 times, and QIB of 36.54 respectively.
Details About NR Vandana Textile IPO
NR Vandana Textile got approval from SEBI for an IPO of around ₹27.89 crores. NR Vandana Textile IPO entirely with fresh issues of ₹27.89 crores with a face value of ₹10 each. Further, NR Vandana Textile had a set price band between ₹42 to ₹45 Per Share.
In NR Vandana Textile IPO, 3000 shares were in 1 lot size for the retail minimum and maximum category as well. Moreover, 6000 shares were in 2 lot sizes for the S-HNI category.
To invest in NR Vandana Textile IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,35,000
- SHNI (S-HNI): Minimum investment of ₹2,70,000.
NR Vandana Textile IPO Subscription Duration
The NR Vandana Textile IPO opening date was May 28, 2025, and the closing date was May 30 2025. The allotment of NR Vandana Textile IPO was on June 2, 2025, while the investors will receive a refund on June 3, 2025. NR Vandana Textile’ IPO listing date is scheduled for June 4, 2025.
NR Vandana Textile IPO funds deployment
- The proceeds raised from the fresh issue will be utilized towards working capital requirements of the Company.
- Some funds will be used for the Prepayment/Repayment of Loan.
- Lastly, the remaining funds will be utilized for the company’s General Corporate Purposes.
About NR Vandana Textile Company
Incorporated in 1992, NR Vandana Textile Industries Limited is one of the leading companies specializing in designing, manufacturing, and wholesale business of cotton products. From printed sarees and embroidery sarees, unstitched salwar suits (“salwar suits”), to bedsheets, the company offers a wide range of cotton products under the brand names Vandana and Tanya. The process of manufacturing high-quality cotton products comprises buying the raw materials like grey fabric, ready-to-use bleached or dyed fabric, and printed fabrics, bleaching, cutting, dyeing, embroidery, sewing, embellishments, finishing, inspection, to packing. N R Vandana Textile Industries has served a network of over 1041 wholesalers and provides a catalog of more than 1500 products. As of September 30, 2024, the company consists of 191 workers to help with its manufacturing process.
Financial Resort of the NR Vandana Textile Company
The company reported revenue of ₹271.10 crores in 2025 against ₹220.21 crore in 2024. The company reported profit of ₹8.60 crores in 2025 against profit of ₹4.29 crores in 2024.
