Vivekanand Cotspin IPO Day 3: Subscription Closes Today, 23 September 2026

Vivekanand Cotspin Limited, an integrated cotton ginning and spinning company, has reached the final day of its IPO subscription window today, 23 September 2026. The Vivekanand Cotspin IPO opened on 21 September and is a book built SME issue worth about Rs 24.05 crore, entirely a fresh issue. The shares are proposed to list on the BSE SME platform.

Demand for the issue has stayed thin through the bidding window, moving only from 0.08 times to around 0.17 times between Day 1 and Day 2. With QIB yet to place any bids and today's session the last opportunity for demand to build, the final subscription figure for the issue remains uncertain heading into the close.

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Vivekanand Cotspin IPO Details

The table below sets out the key parameters of the issue.

Open Date	21 September 2026
Close Date	23 September 2026
Price Band	Rs 32 to Rs 37 per share
Lot Size	3,000 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 Subscription Status Day 3

The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the close of Day 2.

Session	Overall	NII	Retail	QIB
Day 1 close (21 Sep, 5:05 PM)	0.08x	0.26x	0.05x	0.00x
Day 2 close (22 Sep, 5:14 PM)	0.17x	0.35x	0.20x	0.00x
Day 3, closing day so far (23 Sep)	Updating through the session

Non-institutional investors have led the issue throughout the bidding window, though overall demand has stayed well below full subscription. Investors should check the live BSE numbers as today's final session progresses.

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Vivekanand Cotspin IPO

1. Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
2. 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.
3. Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
4. Approve the UPI mandate on your phone well before the cut off today, since the issue closes for good after this session.

Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.

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.

Conclusion

The issue closes today with subscription still thin at around 0.17 times through Day 2, leaving the final hours as the last opportunity for demand to build. Investors considering the issue should review the company financials and risk factors in the RHP on bseindia.com, and apply only after independent due diligence before the window shuts today.

FAQs

What is the Vivekanand Cotspin IPO subscription status on Day 3?

Ans. On the closing day, 23 September 2026, the issue carries forward a Day 2 close of around 0.17 times overall, with NII at 0.35 times, retail at 0.20 times, and QIB at 0.00 times, and figures are updating through today's final session.

When does the Vivekanand Cotspin IPO close?

Ans. The issue closes for subscription today, 23 September 2026, having opened on 21 September 2026.

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, taking the minimum investment to about Rs 2,22,000 for two lots.

Why has the Vivekanand Cotspin IPO seen such low subscription?

Ans. Subscription for the issue has stayed thin through the window, moving only from 0.08 times to 0.17 times between Day 1 and Day 2, which can happen with smaller SME issues, and QIB has not placed any bids yet.

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.

How do I apply for the Vivekanand Cotspin IPO before it closes?

Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid with a minimum of 6,000 shares within the Rs 32 to Rs 37 band and approving the UPI mandate before today's 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, with listing on the BSE SME platform tentatively scheduled for 28 September 2026.

Which category led the Vivekanand Cotspin IPO subscription?

Ans. Non-institutional investors led the issue throughout the bidding window, reaching 0.35 times by the Day 2 close, ahead of retail at 0.20 times, while qualified institutional buyers had not placed any bids.

Is the Vivekanand Cotspin IPO likely to close fully subscribed?

Ans. With the issue running at only around 0.17 times through Day 2, the issue would need a very strong final session across all categories to cross full subscription, and the outcome should be confirmed on BSE once bidding closes today.

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.