stockaxis

NR Vandana Tex Industries Ltd.

IPO Details
  • Issue Type Book building
  • Price range Rs.42-45
  • Market Lot 3000
  • Total Equity Shares 4437000
  • Face Value Rs. 10
  • Listing Date Jun 04, 2025
IPO Timeline
Opening date May 28, 2025
Closing date May 30, 2025
Listing Date Jun 04, 2025

IPO Details

We are engaged into designing, manufacturing and wholesale business of cotton textile products including a variety of high-quality cotton sarees, salwar suits and bed sheets. Our products are recognised in textile industry under our own brand name “Vandana” and “Tanaya”. Our Company have been awarded “Best Debutant – Apparels” by Ajio Business Partnership Meet – 2022. Our Company operates into B2B business model, focusing on selling our products through a network of 499 wholesalers as of June 30, 2024 spread across 31 states and union territories in India and through a channel of B2B e-commerce platform.

Projects

1. Project Name: Funding working capital requirements of our Company;

Project Cost: 162.8

2. Project Name: Prepayment / Repayment of Loan

Project Cost: 50

3. Project Name: General corporate purposes

Project Cost: 21.11

Promoters

Prmoters Name

1. Narain Lohia

2. Prabhu Lohia

3. Gyanesh Lohia

Prmoters Holdings
  • Pre Share Capital: 17096809
  • Pre Promoter Holding: 100
  • Offer to Public: 4437000
  • Post Share Capital: 17096809
  • Post Promoter Holding: 73.39

Registrar

Registrar Name:Cameo Corporate Services Ltd
Phone: 044-28460390/28460394
Email:
Website:

Lead Managers

  • Marwadi Chandarana Intermediaries Brokers Pvt Ltd.

Subscription Details

Field Description Field Value
Ipo Code 3345
Total Equity 4437000

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 0
No of Shares Bid For Qualified Institutional Buyers 42975000
Total No of Shares Bid For Qualified Institutional Buyers 0.00
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 14688000
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 0
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 28287000
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 0
No of Shares Bid For Non-Institutional Buyers 373944000
Total No of Shares Bid For Non-Institutional Buyers 0.00
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 8469000
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 362922000
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 2553000
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 0
Total No of Shares Bid For Retail Individual Investor 0.00
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 0
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 0
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 0
No of Shares Bid For All 416919000
Total 0.00