IPO
Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing
N R Vandana Tex Industries Ltd
N R Vandana Tex Industries Ltd
Registered Office : 220 Mahatma Gandhi Road,Barabazar,Kolkata West Bengal 700007 Phone : +91 93312 81999
Fax :
Email : info@vandanafashion.com
Website : www.vandanafashion.com
Initial public offer of 61,98,000^ equity shares of face value of Rs. 10/- each ("Equity Shares") of N R Vandana Tex Industries Limited ("the Company" or "the Issuer") at an issue price of <br /> Rs. 45/- per equity share (including a share premium of Rs. 35/- per Equity Share) for cash, aggregating to Rs.27.89 crores ("Public Issue") out of which 3,12,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 45/- per equity share for cash, aggregating Rs. 1.40 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 58,86,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 45/- per equity share for cash, aggregating to Rs. 26.49 crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 26.61 % and 25.27 % respectively of the post- issue paid-up equity share capital of the company. <br /> The price band and the minimum bid lot will be decided by the company. <br /> ^ Subject to basis of allotment.
Opens On
Closes On
28-May-2025
30-May-2025
Application
Allotment
45.00
0.00
Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
23.39
27.89
23.29
45.00
Marwadi Chandarana Intermediaries Brokers Pvt Ltd
- Funding working capital requirements of the company
- Prepayment/repayment of loan
- General corporate purposes
- Narain Prasad Lohia
- Prabhu Lohia
- Gyanesh Lohia
- NSE - SME
- Cameo Corporate Services Ltd