Vivekanand Cotspin IPO Day 1: Subscription Opens Today, 21 September 2026
- September 21, 2026
- Posted by: Harsh Piplani
- Category: IPO
Vivekanand Cotspin IPO opens today, 21 Sep 2026, closes 23 Sep 2026. Price band Rs 32-37. Lot size 3,000 shares. Lists on BSE SME on 28 Sep.
Quick Answer
The Vivekanand Cotspin IPO opens for subscription today, 21 September 2026, and will remain open until 23 September 2026. Vivekanand Cotspin Limited is an integrated cotton processing company that gins raw cotton into cotton bales and spins those bales into cotton yarn, and is raising about Rs 24.05 crore entirely through a fresh issue. The price band is set at Rs 32 to Rs 37 per share, with a lot size of 3,000 shares, and the shares are proposed to list on the BSE SME platform. Since bidding has only just opened, subscription figures will start reflecting real demand as the day progresses, so investors should track the live numbers through the session before deciding.
Vivekanand Cotspin Limited, based at Rangpurda, Kadi in Mahesana, Gujarat, has opened its IPO for subscription today, 21 September 2026. The Vivekanand Cotspin IPO is a book built SME issue worth about Rs 24.05 crore, comprising entirely a fresh issue of 65 lakh shares, with no offer for sale component, and will remain open for bidding until 23 September 2026. The equity shares are proposed to be listed on the BSE SME platform.
The company operates two linked stages of the cotton value chain, first ginning raw cotton, or kapas, into cotton bales and cotton seed, and then spinning those bales into carded, combed and compact cotton yarn. It also trades cotton bales and yarn to meet customer requirements, including exports. Cotton yarn contributed 52.1 percent of FY26 product revenue, followed by cotton bales at 38.7 percent, and the fresh issue proceeds of the Vivekanand Cotspin IPO are earmarked for working capital requirements and general corporate purposes.
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Vivekanand Cotspin IPO Details
The table below sets out the key parameters of the issue, including the price band, lot size and important dates.
| Open Date | 21 September 2026 |
| Close Date | 23 September 2026 |
| Face Value | Rs 10 per share |
| Price Band | Rs 32 to Rs 37 per share |
| Lot Size | 3,000 shares (minimum bid 6,000 shares) |
| Issue Size | Rs 24.05 crore (entirely fresh issue) |
| Issue Type | Book Built Issue, SME |
| Listing At | BSE SME |
| Allotment Date | 24 September 2026 |
| Listing Date | 28 September 2026 |
Vivekanand Cotspin IPO Quick Facts
| Particulars | Snapshot |
|---|---|
| Minimum retail investment | Rs 2,22,000 (2 lots, 6,000 shares) |
| Minimum HNI investment | Rs 3,33,000 (3 lots, 9,000 shares) |
| Registrar | MUFG Intime India Pvt Ltd |
| Lead Manager | Swastika Investmart Ltd |
This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.
Vivekanand Cotspin IPO Share Reservation
The issue follows the standard SEBI reservation framework for a book built SME issue, with allocations for qualified institutional buyers, non-institutional investors and retail individual investors, alongside a market maker reservation. Retail bidders must apply for a minimum of 2 lots, or 6,000 shares.
Vivekanand Cotspin IPO Subscription Status Day 1
Bidding for the issue has opened today, 21 September 2026, so the category wise numbers below will fill in as the session progresses. QIB and larger HNI bids in SME issues can arrive at any point through the bidding window.
| Investor Category | Subscription Status, Day 1 (21 Sep) |
|---|---|
| Qualified Institutional Buyers (QIB) | Bidding just opened, updating through the session |
| Non-Institutional Investors (NII) | Bidding just opened, updating through the session |
| Retail Individual Investors | Bidding just opened, updating through the session |
| Overall | Bidding just opened, updating through the session |
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Vivekanand Cotspin IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 32 to Rs 37 band, with a minimum bid of 6,000 shares.
- Submit the application through the UPI-based ASBA method, which blocks the bid amount in your bank account rather than debiting it immediately.
- Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 23 September.
Download the Univest iOS App or Univest Android App to apply for the issue on its opening day.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
About Vivekanand Cotspin Limited
Vivekanand Cotspin Limited is an integrated cotton processing company based at Rangpurda, Kadi in Mahesana, Gujarat, converting raw cotton into cotton bales through ginning and then spinning those bales into carded, combed and compact cotton yarn. The company also sells by-products such as cotton seed and yarn waste, and trades cotton bales and yarn including exports, ahead of the issue.
Conclusion
The issue has opened for bidding today, 21 September 2026, backed by an integrated cotton ginning and spinning business in Gujarat’s cotton belt. Investors considering the issue should study the company’s raw material price exposure and SME liquidity risks alongside the financials in the RHP on bseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Vivekanand Cotspin IPO subscription status on Day 1?
Ans. The issue opened for bidding today, 21 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live QIB, NII and retail numbers on BSE as the day progresses.
When does the Vivekanand Cotspin IPO open and close?
Ans. The issue opened for subscription today, 21 September 2026, and will close on 23 September 2026, a standard three day bidding window for an SME issue.
What is the Vivekanand Cotspin IPO price band and lot size?
Ans. The issue price band is Rs 32 to Rs 37 per share, with a lot size of 3,000 shares. Retail investors must apply for a minimum of 2 lots, or 6,000 shares, taking the minimum investment to about Rs 2,22,000 at the upper price band.
What is the issue size and structure of the Vivekanand Cotspin IPO?
Ans. The issue is entirely a fresh issue worth about Rs 24.05 crore, comprising 65 lakh equity shares, with no offer for sale component.
What is the Vivekanand Cotspin IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision, especially this early in the bidding window.
How do I apply for the Vivekanand Cotspin IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method. Select the IPO, enter your bid quantity with a minimum of 6,000 shares and your price within the Rs 32 to Rs 37 band, then approve the UPI mandate before the daily cut off.
When will the Vivekanand Cotspin IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 24 September 2026, and the shares are tentatively scheduled to list on the BSE SME platform on 28 September 2026.
What does Vivekanand Cotspin Limited do?
Ans. Vivekanand Cotspin Limited is an integrated cotton processing company that gins raw cotton into cotton bales and spins those bales into carded, combed and compact cotton yarn, also trading cotton bales and yarn including exports.
Who are the registrar and lead manager for the Vivekanand Cotspin IPO?
Ans. MUFG Intime India Pvt Ltd is the registrar for the issue, and Swastika Investmart Ltd is the book running lead manager for the issue.
What products does Vivekanand Cotspin sell besides yarn?
Ans. Alongside cotton yarn, which contributed 52.1 percent of FY26 product revenue, Vivekanand Cotspin sells cotton bales, which made up 38.7 percent of product revenue, plus by-products such as cotton seed and yarn waste.
