The Initial Public Offering (IPO) of N R Vandana Tex Industries Limited is scheduled to open on May 28, 2025, and close on May 30, 2025. The company aims to raise approximately ₹27.89 crore by offering 61.98 lakh equity shares at a price band of ₹42 to ₹45 per share. The minimum lot size for the IPO is 3,000 shares, requiring a minimum investment of ₹1,35,000 for retail investors.
As of now, the IPO is yet to open for subscription, and subscription details are not available. Investors can track the live subscription status on platforms such as Moneycontrol, Chittorgarh, and IPO Central once the IPO opens. Additionally, the allotment status will be available on the registrar's website, Cameo Corporate Services Limited, and the NSE SME platform after the allotment process is completed. Monitoring these figures can offer insights into investor demand and market sentiment during the subscription period. For more details, visit the N R Vandana Tex Industries IPO page.
Subscription Status of N R Vandana Tex Industries IPO (Day Wise)
The IPO subscription number shows how much demand there is for an IPO.
For mainboard IPOs, the subscription period lasts for 3 working days, while SME IPOs remain open for a longer period of 4-5 working days.
Formula to calculate Subscription Status:
Subscription = (Total Number of Bids Received) ÷ (Total Number of Shares Offered)
How to Check IPO Subscription Data?
To keep track of the IPO's demand, follow these steps to track bids on both the NSE and BSE platforms:
Check out the following steps to track bids on NSE:
Visit the NSE India website.
Click on “IPO” and find N R Vandana Tex Industries IPO.
Click on NSE Bid Details or Consolidated Bid Details from the drop-down menu under Category.
Check out the following steps to track bids on BSE:
Go to the BSE India website.
Look for N R Vandana Tex Industries IPO.
Click on BSE Bid Details or Cumulative Bid Details.
Additional Read: N R Vandana Tex Industries IPO Investment Guide: Objectives & Opportunities
Conclusion
N R Vandana Tex Industries Limited, established in 1992, operates primarily in the cotton textile sector, focusing on designing, manufacturing, and wholesale distribution of products such as sarees, salwar suits, and bed sheets. The company’s distribution network spans over 1,000 wholesalers across 31 states and union territories in India, supported by a B2B e-commerce platform that aids in market expansion and streamlining of operations. Manufacturing processes include both in-house production and outsourced job-work, following stringent quality guidelines to maintain product standards. Financially, the company has shown steady revenue growth and maintained profitability, with increases in net worth and reserves over recent years. Its borrowings are managed to balance operational needs and financial stability. The company’s presence in a competitive textile market alongside its established network and e-commerce efforts illustrates its approach to sustaining operations in the evolving industry landscape.
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