NR Vandana Textile IPO
May 28, 2025 - May 30, 2025
Exp. Premium: 14 (31.11 %)
*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
NR Vandana Textile IPO Details
May 28, 2025
Open Date
May 30, 2025
Close Date
June 2, 2025
Allotment Date
June 4, 2025
Listing Date
Per Lot Price
135000
Price Range
42-45
Total Issue Size
27.89 Cr
Fresh Issue Size
27.89 Cr
Face Value
10
Listing at Group
NSE
Registrar
Cameo Corporate Services Limited
Lead Manager
Marwadi Chandarana Intermediaries Brokers Private Limited
Offer For Sale
NIL
Subscription
99.52
About Company
NR Vandana Textile engaged into designing, manufacturing and wholesale business of cotton textile products including a variety of high-quality cotton sarees, salwar suits and bed sheets.
The products are recognised in textile industry under our the brand name “Vandana” and “Tanaya”.
The Company operates into B2B business model, focusing on selling our products through a network of 1041 wholesalers as of September 30, 2024 spread across 31 states and union territories in India and through a channel of B2B e-commerce platform.
Promoter Details
The promoters of the company are Narain Prasad Lohia, Prabhu Lohia and Gyanesh Lohia.
Market Lot Details
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,35,000 |
| Retail (Max) | 1 | 3000 | ₹1,35,000 |
| HNI | 2 | 6000 | ₹2,70,000 |
Quota Details
| Category | Percentage (%) |
|---|---|
| QIB | 50% |
| HNI | 15% |
| Retail | 99.52% |
Important Dates Timetable
| Open Date | May 28, 2025 |
| Close Date | May 30, 2025 |
| Allotment Date | June 2, 2025 |
| Initiation of Refunds | June 3, 2025 |
| Credit of Shares to Demat | June 3, 2025 |
| Listing Date | June 4, 2025 |
Objects Of The Issue
1. Funding working capital requirements of our Company;
2. Prepayment / Repayment of Loan
3. General corporate purposes
Company Contact Details
N R Vandana Tex Industries Limited
220, Mahatma Gandhi Road
Barabazar
Phone: +91 9331281999
Email: [email protected]
Website: https://www.vandanafashion.com/
Registrar Details
Cameo Corporate Services Limited
Address: Subramanian Building’, No.1, Club House Road, Chennai 600 002, India
Contact Person: Mr. K. Sreepriya
Tel: 044 – 40020700/ 28460390
Email: [email protected]
Investor grievance e-mail: [email protected]
Website: www.cameoindia,com
SEBI registration number: INR000003753
Manager Details
Marwadi Chandarana Intermediaries Brokers Private Limited
X-change Plaza, Office no. 1201 to 1205, 12th Floor, Building No. 53E, Zone-5, Road
5E, Gift City, Gandhinagar – 382355, Gujarat, India
Telephone: 022-69120027
E-mail: [email protected]
Investors Grievance e-mail: [email protected]
Contact Person: Radhika Maheshwari / Jigar Desai
Website:ib.marwadichandaranagroup.com
SEBI Registration Number: INM000013165