₹ 135000
₹42- ₹45
3000
₹45
0.00
30 May 2025
Download3 Jun 2025
4 Jun 2025
Application Details
NR Vandana Textile IPO is a bookbuilding of ₹27.89 crores. The issue is entirely a fresh issue of 61.98 lakh shares.
NR Vandana Textile IPO bidding opened for subscription on May 28, 2025 and will close on May 30, 2025. The allotment for the NR Vandana Textile IPO is expected to be finalized on Monday, June 2, 2025. NR Vandana Textile IPO will be list on NSE SME with a tentative listing date fixed as Wednesday, June 4, 2025.
NR Vandana Textile IPO price band is set at ₹42 to ₹45 per share. The minimum lot size for an application is 3000. The minimum amount of investment required by retail investors is ₹1,26,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,35,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹2,70,000.
About N R Vandana Tex Industries Limited (SME IPO)
Incorporated in 1992, N R Vandana Tex Industries Limited is a Kolkata-based company engaged in the design, manufacturing, and wholesale distribution of cotton textile products such as sarees, salwar suits, and bed sheets. The company markets its offerings under the brand names Vandana and Tanya. With three generations of experience in the textile industry, the company operates on a B2B model, distributing its products through a robust network of 1,041 wholesalers spread across 31 Indian states.
It also utilizes a B2B e-commerce platform to extend its market reach. While certain manufacturing processes are outsourced on a job-work basis, the company maintains control by providing detailed technical specifications, including designs, patterns, quality standards, and fabric types. N R Vandana Tex Industries Limited has three manufacturing units, four warehouses, and a factory facility spanning 39,000 square feet.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.