N R Vandana Tex Industries Limited

28 May 2025 - 30 May 2025 Individual Category SME NSE

Min Investment

₹135000

Price Band

₹42-₹45

Issue Size

44.37 lakhs
Equity Shares

Lot Size

3000

IPO Dates
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28 May 2025

Open Date

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30 May 2025

Close Date

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02 Jun 2025

Allotment Date

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04 Jun 2025

Listing Date

NR Vandana Tex Industries Limited IPO opens on May 28, 2025, while it closes on May 30, 2025. The new IPO is a book-building IPO and will be listed on the NSE SME. This upcoming IPO is entirely an offer for sale of up to 44.37 lakhs equity shares. NR Vandana Tex Industries Limited IPO issue price band is Rs 42 to Rs 45 per share. As of now, the live GMP of the Neptune Petrochemicals Limited IPO is at 0, indicating neutral sentiment and low interest among investors for this IPO. NR Vandana Tex Industries Limited IPO lot size is 3000 shares, and the allotment status will be finalised on June 2, 2025. The minimum investment for retail investors is Rs 1,35,000. The registrar for the Neptune Petrochemicals Limited IPO is Cameo Corporate Services Limited. The listing date is June 4, 2025.

Know Before Investing

Strengths icon

  • Extensive wholesaler network drives deep market penetration across 31 states.
  • Long-standing supplier ties ensure cost-effective and timely production.
  • Strong B2B platform presence expands market reach.

Weaknesses icon

  • Revenue concentration in West Bengal heightens regional risk.
  • Small design team limits creative capacity and flexibility.
  • Lack of product diversification limits growth and resilience.

About N R Vandana Tex Industries Limited

Founded in 1992, Kolkata-based N R Vandana Tex Industries Limited designs, manufactures, and distributes cotton textiles under the Vandana and Tanya brands. With three factories, four warehouses, and a 39,000 sq ft facility, it serves over 1,041 wholesalers across 31 states via a B2B network and e-commerce platforms like SOLV, Udaan, Bijnis, Jozzby, and Ajio. By outsourcing quality-controlled processes, maintaining strong supplier partnerships, and leveraging three generations of expertise, its leadership delivers reliable products and operational efficiency always with care.

Founded

1992

Managing Director

Prabhu Lohia

Parent Organization

-

IPO Objectives

The Net Proceeds from the Vandana IPO will be deployed to support the Company’s strategic initiatives and reinforce its financial health. Approximately Rs 16.28 crore will be allocated to meet working capital requirements, while around Rs 5.00 crore will be used for prepayment or repayment of existing loans. The balance of the funds will address general corporate purposes, ensuring operational flexibility and enabling continued investment in growth opportunities across our business and innovation initiatives.

Company Promoters

Narain Prasad Lohia

Prabhu Lohia

Gyanesh Lohia

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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