NR Vandana Tex Industries IPO GMP: Day 1 Live Updates

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Posted by : sachet | Wed May 28 2025

NR Vandana Tex Industries IPO GMP: Day 1 Live Updates

NR Vandana IPO GMP on 28th May 2025 is ₹0 per share. The NR Vandana Tex Industries IPO is open for subscription on 28th May 2025 and will close on 30th May 2025. The IPO is a book-built issue with a total IPO size of ₹27.89 crores, consisting entirely of a fresh issue of 61.98 lakh shares.

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NR Vandana Tex Industries IPO (GMP) Grey Market Premium

As of 28th May 2025, 2:46 PM, NR Vandana Tex Industries was trading at a GMP of ₹0 per share. This GMP price hints towards a neutral listing for NR Vandana Tex Industries on the Indian markets, at a tentative price of ₹45.00 per share [ cap price (₹45) + GMP (₹0) ].

However, NR Vandana Tex Industries GMP is subject to change due to market conditions and demand from investors for the issue. Refer to the table below to keep yourself updated with the latest GMP trends.

GMP Date	IPO Price	GMP	Estimated Listing Price	Estimated Listing Gains
28-05-2025	₹45.00	₹0	₹0	0.00%
27-05-2025	₹45.00	₹0	₹0	0.00%
26-05-2025	₹45.00	₹0	₹0	0.00%
25-05-2025	₹45.00	₹0	₹0	0.00%
24-05-2025	₹45.00	₹0	₹0	0.00%

NR Vandana Tex Industries IPO Details

NR Vandana Tex Industries IPO is an NSE SME IPO for 61.98 lakh shares aggregating to an IPO size of ₹27.89 crores. This public offer is being issued with a price band of ₹42 to ₹45 per share with a minimum lot size of 3000 shares. The minimum investment amount for the retail investors in the NR Vandana Tex Industries IPO stands at ₹1,26,000. On the other hand, the minimum lot size for the HNI segment is 6000 shares (2 lots), totalling to an investment of ₹2,70,000. For more information on the NR Vandana Tex Industries, refer to the table below:

Price Band		₹42 to ₹45 per share
Face Value		₹10
Lot Size		3,000 shares
Issue Size (Fresh Issue)		61,98,000 shares (₹27.89 crores)
Listing At		NSE SME
Issue Type		Boobuilding IPO
Shareholding (Pre-Issue)		1,70,96,809 shares
Market Maker Portion		3,12,000

NR Vandana Tex Industries IPO Schedule

Open Date	28th May 2025 – Wednesday
Close Date	30th May 2025 – Thursday
Tentative Allotment	2nd June 2025 – Monday
Refund Initiation & Credit of Shares in Demat	3rd June 2025 – Tuesday
Listing Date	4th June 2025 – Wednesday

NR Vandana Tex Industries IPO Objective

NR Vandana Tex Industries Limited proposes to use the net issue proceeds (gross proceeds – issue expense) in the following objectives:

Funding the working capital requirement
Prepayment/ Repayment of Loan
General Corporate Purposes

The company will be deploying approximately ₹16.28 crores towards working capital requirements and ₹5 crores towards pre- or repayment of loans. Also, the amount utilised for general corporate purposes cannot exceed 15% of the gross IPO proceeds or ₹10.00 crores.

NR Vandana Tex Industries IPO Registrar

NR Vandana Tex Industries Limited is going to raise ₹27.89 crores from the public issue, which is open for subscription on 28th May 2025. Cameo Corporate Services Limited has been appointed as the registrar for the NR Vandana Tex Industries IPO. For any queries regarding the IPO, you can contact Cameo Corporate Services Limited at cameo@cameoindia.com or 44-28460390.

NR Vandana Tex Industries IPO Review

About NR Vandana Tex Industries Limited

NR Vandana Tex Industries Limited was started in the pre-independence era, and in 1998, the company’s first factory was set up in Hooghly, Kolkata, to start production of cotton saree. As of 2025, NR Vandana Textiles Limited is engaged in the manufacturing and wholesale business of cotton textile products. It operates on a B2B model, with its product portfolio spanning over cotton sarees, salwar suits, and bed sheets. As of 31st March 2025, the company has a presence in 31 states and UTs and a network of 1397 wholesalers.

NR Vandana Tex Industries Financial Performance

For the financial year ended 31st March 2025, NR Vandana Tex Industries clocked a revenue from operations of ₹270.80 crores against ₹220.10 crores (FY24) and ₹195.24 crores (FY23). The EBITDA for FY25 stood at ₹19.27 crores, 39.15% higher than that of last year. EBITDA margins also rose to 7.12% compared with 6.29% in FY24 and 5.00% in FY23. The net profit of NR Vandana Tex Industries for this fiscal stood at ₹8.59 crores, and the net profit margin was 3.17%, closing on the higher side compared with the figures of previous years.

NR Vandana Tex Industries Technical Analysis

ROE	17.54%
ROCE	13.28%
RoNW	15.10%
PAT Margin	1.95
Debt to Equity	2.43

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FAQs on NR Vandana Tex Industries Scuba Tubes IPO

What is NR Vandana Tex Industries IPO GMP?

As of 28th May 2025, the NR Vandana Tex Industries IPO GMP (grey market premium) is ₹0 per share. The IPO GMP today of NR Vandana Tex Industries indicates a neutral listing at a tentative price and gain of ₹0 and 0% respectively.

What is NR Vanadana Tex Industries IPO?’

NR Vanadana Tex Industries IPO is an NSE SME issue for 61.98 lakh shares, totalling to an IPO size of ₹27.89 crores. The issue is open for subscription on 28th May 2025 and will close on 30th May 2025. Retail investors can place a minimum bid for 3000 shares aggregating to a minimum investment of ₹1,26,000.

What is the NR Vandana Tex Industries IPO price?

The NR Vandana Tex Industries IPO is being offered at a price band of ₹42 – ₹45 per share.

How can I invest in NR Vandana Tex Industries IPO?

You can invest in the NR Vandana Tex Industries IPO through your demat account. If you do not have a demat account, then you can open a new account with Univest. If you are a retail investor, then you must place a bid for at least 300 shares for a minimum investment of ₹1,26,000.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.