| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹27.89 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹27.89 Cr |
| Fresh Issue | ₹26.49 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน42.00-45.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | NRVANDANA |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Marwadi Chandarana Intermediaries Brokers... |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 6,000 shares ยท Multiples of 3,000 shares
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 16.28 |
| 2 | Prepayment/Repayment of Loan. | 5.00 |
| 3 | General Corporate Purposes | 2.11 |
| 4 | Issue expenses | 4.50 |
| Total | 27.89 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 202.94 | 183.55 | 167.96 |
| Total Income | 271.10 | 220.21 | 195.60 |
| Profit After Tax | 8.60 | 4.29 | 1.80 |
| EBITDA | 19.28 | 13.86 | 9.77 |
| NET Worth | 33.75 | 25.16 | 17.27 |
| Reserves and Surplus | 19.93 | 25.17 | 17.64 |
| Total Borrowing | 69.02 | 68.98 | 65.08 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 17.54% |
| ROCE | 13.82% |
| Debt / Equity | 2.43% |
| RoNW | 15.10% |
| PAT Margin | 1.95% |
| EBITDA Margin | 6.29% |
| Price to Book Value | 0.47 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 5.03 | 3.69 |
| P/E (x) | 8.95 | 12.2 |
| Promoter Holding | 100% | 73.39% |
| Market Cap | โน104.83 Cr. | |