To apply for the N R Vandana Tex Industries IPO, investors need to log in to their trading account through their broker’s online platform. Once logged in, navigate to the IPO section to find the active listings and select the N R Vandana Tex Industries IPO. Enter the desired number of lots, keeping in mind the minimum lot size of 3,000 shares, and choose a bid price within the ₹42 to ₹45 price band. Applicants must then provide a valid UPI ID for payment authorisation, ensuring sufficient funds are available in the linked bank account. Before submitting, review all the application details carefully and approve the UPI mandate by the cut-off time of 5 PM on May 30, 2025, to complete the application process successfully.
For complete details on this public offering, visit the N R Vandana Tex Industries IPO page on Bajaj Broking’s website.
N R Vandana Tex Industries IPO Application Process
The N R Vandana Tex Industries IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using Bajaj Broking’s app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate N R Vandana Tex Industries IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 3000 shares) within the price band of ₹42 to ₹45 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
How to Check N R Vandana Tex Industries IPO Allotment Status?
Once the allotment for N R Vandana Tex Industries IPO is finalized, investors can check their status online using the following steps:
Step 1: Visit the Official Website of the IPO's Registrar
Access the registrar’s portal for allotment status updates.
Step 2: Navigate to the IPO Allotment Status Page
Locate the specific section for IPO allotment on the website.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Provide the necessary details to retrieve your application status.
Step 4: Click on 'Submit' or 'Check Status'
Verify the allotment details displayed on the screen.
Step 5: Alternative Check on Stock Exchange Websites
Visit SME or NSE websites and follow the IPO allotment instructions.
Step 6: Check via Bajaj Broking Website
Log in to Bajaj Broking, access the IPO section, and view your allotment updates in the IPO Allotment Status.
Additional Read: N R Vandana Tex Industries IPO Investment Guide: Objectives & Opportunities
About N R Vandana Tex Industries IPO: Overview and Key Facts
N R Vandana Tex Industries Limited, established in 1992 and based in Kolkata, is a company engaged in the design, manufacturing, and wholesale distribution of cotton textile products. Its product range includes sarees, salwar suits, and bed sheets, marketed under the in-house brands "Vandana" and "Tanaya." The company operates on a B2B model, distributing its products through a network of wholesalers across India and leveraging a B2B e-commerce platform to expand its market presence.
The company has filed for an Initial Public Offering (IPO) to raise funds for various purposes, including meeting working capital requirements, repaying loans, and general corporate purposes. The IPO is scheduled to open on May 28, 2025, and close on May 30, 2025. The price band for the IPO is set between ₹42 and ₹45 per share, with a minimum lot size of 3,000 shares. The issue size is approximately ₹27.89 crore, and the shares are expected to be listed on the NSE SME platform.
The proceeds from the IPO will be utilized to fund the company's working capital needs, repay certain loans, and for general corporate purposes. The lead manager for the issue is Marwadi Chandarana Intermediaries Brokers Pvt. Ltd., and the registrar is Cameo Corporate Services Limited. The tentative listing date for the shares is June 4, 2025.
To check your application status, visit the N R Vandana Tex Industries IPO Allotment Status page on Bajaj Broking’s website.