NR Vandana Textile IPO Details
The key details of NR Vandana Textile’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹27.89 Cr |
| Price Range | ₹42 - ₹45 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 3000 |
| Investment (cut-off price) | ₹1,35,000 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
NR Vandana Textile IPO Timelines
The IPO process for NR Vandana Textile includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
28/05/2025
Start Date30/05/2025
End Date03/06/2025
Refund Initiation03/06/2025
Credit of Shares to Demat Ac04/06/2025
Listing DateNR Vandana Textile IPO Lot Size
The NR Vandana Textile IPO has a fixed lot size of 3,000 shares, at an upper price band of ₹45 per share, requiring ₹135,000 per lot for retail investors. For HNI investors, the minimum application is 6,000 shares (2 lots) amounting to ₹270,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 3000 | ₹1,35,000 |
| Retail Maximum | 1 | 3000 | ₹1,35,000 |
| HNI Minimum | 2 | 6000 | ₹2,70,000 |
NR Vandana Textile IPO Subscription Status
The subscription status for NR Vandana Textile IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 36.54x | 126.70x | 0.00x | -- | 101.00x |
IPO Performance on Listing Day
On the listing day (June 4, 2025), NR Vandana Textile made a flat debut on the stock exchange. The stock opened at ₹45, at par with its issue price. During the trading session, while touching a high of ₹46, the stock also faced some selling pressure that brought it to a low of ₹42.75. The shares concluded their first trading day at ₹43.70, posting a modest decline of 2.9% from the issue price, suggesting a cautious market response to this textile manufacturer.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹45 | ₹43.70 | ₹46 | ₹42.75 |
NR Vandana Textile IPO Company Financials
NR Vandana Textile IPO reports robust performance in FY2025 with Total Income of ₹271.10 crores, managing expenses at ₹259.96 crores, and achieving a strong PAT (Profit After Tax) of ₹8.27 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹177.20 | ₹174.86 | ₹1.75 |
| FY 2023 | ₹195.60 | ₹192.98 | ₹1.67 |
| FY 2024 | ₹220.21 | ₹214.59 | ₹4.19 |
| FY 2025 | ₹271.10 | ₹259.96 | ₹8.27 |
About Company
NR Vandana Tex Industries Limited, founded in 1992 and based in Kolkata, specializes in the design, manufacturing, and wholesale distribution of cotton textile products such as sarees, salwar suits, and bed sheets. The company operates under the well-recognized brand names “Vandana” and “Tanaya,” and has earned industry recognition, including the “Best Debutant – Apparels” award at the Ajio Business Partnership Meet in 2022. With over three generations of experience in the textile industry, the company has established a strong presence through its three manufacturing units, four warehouses, and a 39,000 sq. ft. factory facility.
Operating on a B2B model, NR Vandana Tex Industries distributes its products through a vast network of over 1,000 wholesalers across all 31 states and union territories in India. The company also utilizes a B2B e-commerce platform to enhance its sales capabilities and reach. As of mid and late 2024, the firm boasted more than 1,500 SKUs and employed 84 staff members along with 34 contract laborers. Certain manufacturing processes are outsourced on a job-work basis, with the company retaining control over critical inputs such as design, pattern, and fabric specifications to maintain quality and consistency.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 1992 | Textile | Prabhu Lohia |
Know Before Investing
NR Vandana Textile IPO Strengths
- The company sells through a network of nearly 1,400 wholesalers across 31 states and union territories, ensuring wide market penetration and consistent demand for its products.
- A strong distribution network supports efficient delivery and product availability nationwide, enhancing brand presence and customer reach.
- NR Vandana Tex leverages digital sales channels and B2B e-commerce platforms, reflecting adaptability to modern retail trends and expanding its market access.
- Products are sold under established in-house brands “Vandana” and “Tanaya,” which are well-regarded in the textile industry and help drive customer loyalty.
- The company has received industry recognition, such as the “Best Debutant – Apparels” award by Ajio Business Partnership Meet in 2022, boosting its reputation.
- NR Vandana Tex ensures its products are accessible on leading B2B platforms, increasing sales opportunities and visibility among bulk buyers.
NR Vandana Textile IPO Risks
- The company’s success is closely tied to the expertise and continuity of its promoters and senior management; any unexpected departures could disrupt operations and strategy.
- Exposure to fluctuations in textile input costs (e.g., cotton, synthetic fibers) could squeeze margins if prices rise unexpectedly.
- The textile industry is highly fragmented and sensitive to economic cycles. Downturns in consumer demand or intensified competition could pressure growth and profitability.
- As a textile company based in Kolkata, NR Vandana Tex is exposed to sector-specific risks (like fashion trends, textile demand) and regional disruptions (labor issues, local regulations).
- Revenue depends on a network of ~1,400 wholesalers. Loss of key partners or delayed payments could disrupt cash flows and sales stability.
- Broader economic slowdowns, inflation, or market corrections can reduce consumer demand for textiles and negatively affect the company’s sales and profitability.
Swot Analysis for NR Vandana Textile IPO
Strengths
Strong Revenue Growth, Wide B2B and E-Commerce Reach, Popular Branded Products
Weaknesses
High Debt Levels, Low Profit Margins, Small Workforce
Opportunities
E-Commerce Expansion, Demand for Sustainable Textiles, Export Growth Potential
Threats
Cotton Price Volatility, Intense Competition, Economic Slowdowns
Company Details
N R Vandana Tex Industries Limited
220, Mahatma Gandhi Road, Barabazar, Kolkata, Kolkata, West Bengal – 700007, India
Phone: +91 9331281999
Email: cs@vandanafashion.com
Website: https://www.vandanafashion.com/
IPO Registar Details
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: inestors@cameoindia.com
Website: https://ipo.cameoindia.com/
FAQs
The key objectives of NR Vandana Textile IPO are:
- Funding working capital requirements of the Company.
- Prepayment/Repayment of Loan.
- General Corporate Purposes.
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is the book-running lead managers for the NR Vandana Textile IPO.
The NR Vandana Textile IPO showcases strong growth potential, underpinned by consistent financial performance and rising sectoral demand. The company’s revenue surged from ₹177.20 crore in FY22 to ₹271.10 crore in FY25, while profit after tax climbed from ₹1.75 crore to ₹8.27 crore, signaling robust business expansion. Improving net profit margins and nearly doubled FY25 profits over the previous year highlight enhanced operational efficiency.
The issue price for the NR Vandana Textile IPO is set between ₹42 to ₹45 per share.
To invest in one lot of NR Vandana Textile IPO, you need ₹1,26,000 at the lower price band (₹42 per share) or ₹1,35,000 at the upper price band (₹45 per share) for a lot size of 3000 shares.
NR Vandana Textile IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on June 4, 2025.
Refund/unblocking of funds for NR Vandana Textile IPO will begin on June 3, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your NR Vandana Textile IPO shares on listing day (June 4, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.