NR Vandana Tex Industries Ltd.

NRVANDANA

Equity

NSE

Min. Investment

42,000.00

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IPO Details

Bidding Dates

28 May 25 - 30 May 25

Lot Size

3000

Price Range ₹

42 - 45

Exchange Status

NSE

Total Equity

27.90Cr

IPO Doc

IPO Timeline

Offer start

28 May 2025

Offer end

30 May 2025

Allotment

02 Jun 2025

Refund initiation

03 Jun 2025

Demat transfer

03 Jun 2025

Listing

04 Jun 2025

About Company

Incorporated in 1992, N R Vandana Tex Industries Limited is a Kolkata-based company engaged in the design, manufacturing, and wholesale distribution of cotton textile products like sarees, salwar suits, and bed sheets, marketed under the brands Vandana and Tanya. The company follows a B2B model, distributing through 1,041 wholesalers across 31 states and via platforms like SOLV, Udaan, Bijnis, Jozzby, and Ajio. Some manufacturing is outsourced on a job-work basis with strict quality and design guidelines provided. With three generations of industry experience, the company operates three manufacturing units, four warehouses, and a 39,000 sq. ft. facility. Its strengths include a wide distribution network, strong supplier relationships, experienced leadership, and efficient operations.

Year Founded

04-05-1992

Promotor Details

Promoter Holdings Details

ParticularPre-IPOPost-IPO
Percentage1000
Share Capital1709680917096809

Offer to Public

62,00,000.00 Cr

Project Details

  • Funding working capital requirements of our Company; - 162.8cr
  • Prepayment / Repayment of Loan - 50cr

Objectives

  • Funding working capital requirements of our Company
  • Prepayment / Repayment of LoanGeneral corporate purposes

Highlights

  • Extensive distribution network with 1,041 wholesalers across 31 states.
  • Established brand with over three decades of industry experience.
  • Presence on multiple B2B e-commerce platforms broadens market reach.
  • Strong supplier relationships ensuring quality and cost efficiency.
  • Balanced manufacturing model combining in-house production and outsourced job work.

Challenges

  • Heavy reliance on third-party job workers could affect quality control.
  • Operating primarily on a B2B model limits direct consumer engagement.
  • Competition from numerous textile manufacturers in India.
  • Potential supply chain disruptions due to reliance on outsourced manufacturing.
  • Geographic concentration of manufacturing units may limit flexibility in logistics.
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