Subscription
Last updated on 30-May-2025 16:38:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 1176000 | 42975000 | 36.54 |
| NIB | 2949000 | 373632000 | 126.7 |
| Total | 4125000 | 416607000 | 101 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 30 |
| NIB | 33736 |
| Total | 33766 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 5.29 | 193.39 | 36.54 |
| NIB | 13.27 | 1681.34 | 126.7 |
| Total | 18.56 | 1874.73 | 101 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹2.2 | @8% ₹2.5 | @9% ₹2.8 | @10% ₹3.2 | @11% ₹3.5 | @12% ₹3.8 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹7.7 | @8% ₹8.7 | @9% ₹9.8 | @10% ₹10.9 | @11% ₹12 | @12% ₹13.1 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| bHNI | 8 | 24000 | 1080000 | 196 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| INDIVIDUAL | 33.30% | 2064000 |
| BHNI | 9.49% | 588000 |
| SHNI | 4.79% | 297000 |
| QIB | 18.97% | 1176000 |
| ANCHOR | 28.41% | 1761000 |
| MARKET MAKER | 5.03% | 312000 |
| Total | 100.00% | 6198000 |
NR Vandana Textile IPO Details
| Issue Size | 61,98,000 shares (aggregating up to ₹27.89 Cr) |
| Fresh Issue | 61,98,000 shares (aggregating up to ₹27.89 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,70,96,809 shares |
| Share Holding Post Issue | 2,32,94,809 shares |
| Market Maker Portion | 3,12,000 shares |
Key Performance Indicator (KPI)
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 14.71% | 17.54% | 9.16% |
| ROCE | 8.63% | 13.82% | 11.22% |
| RONW | 13.70% | 17.07% | 10.42% |
| EPS (basic) | 2.34 | 2.56 | 1.18 |
Company Financials In Crores
| Period | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| Assets | 202.93 | 183.55 | 167.96 |
| Revenue | 271.10 | 220.21 | 195.60 |
| Profit | 8.60 | 4.29 | 1.80 |
| Net Worth | 33.75 | 25.16 | 17.27 |
| Reserves | 25.17 | 17.64 | |
| Borrowing | 69.02 | 68.98 | 65.08 |
Company Profile: N R Vandana Tex Industries Limited
Incorporation: 1992 | Headquarters: Kolkata, India
Specialization: Design, manufacturing, and wholesale distribution of cotton textile products (sarees, salwar suits, bed sheets).
Brands: Vandana and Tanya.
Business Model & Distribution
B2B Focus: Supplies to 1,041 wholesalers across India.
E-Commerce: Leverages B2B platforms (SOLV, Udaan, Bijnis, Jozzby, Ajio) for pan-India reach.
Manufacturing: Combines in-house production (3 manufacturing units) with outsourced job-work (strict quality control via technical specs).
Operational Strengths
Legacy: Three generations of textile industry expertise.
Infrastructure:
39,000 sq. ft. factory facility.
4 strategically located warehouses.
Supply Chain: Strong supplier relationships ensure cost efficiency and consistent raw material supply.
Job-Work Partnerships: Long-term collaborations with trusted third-party manufacturers.
Strength
Extensive Distribution: Robust wholesaler network + digital B2B platforms.
Scalability: Hybrid manufacturing model (in-house + outsourcing).
Brand Reputation: Established presence in the cotton textile segment
Weakness
Product Concentration Risk – Heavy reliance on saree sales makes the business vulnerable to shifts in consumer preferences.
Dependence on Job Workers – Disruptions in outsourced manufacturing could impact production and overall operations.
Credit Rating Sensitivity – A downgrade in credit rating may raise borrowing costs and affect financial flexibility.
Lead Manager(s)
Address
220, Mahatma Gandhi Road
Barabazar
Phone: +91 9331281999
Email: cs@vandanafashion.com
Website: https://www.vandanafashion.com/