N R Vandana Tex Industries IPO

About the company

Incorporated in 1992, the company designs, manufactures, and wholesales cotton textile products, including sarees, salwar suits, and bed sheets, under the brands “Vandana” and “Tanaya.” Operating on a B2B model, it serves 1,397 wholesalers across 31 Indian states and union territories, along with a B2B e-commerce platform. In FY25, 79.17% of the total revenue came from wholesalers, while the rest was contributed by online clients. Manufacturing is both in-house and outsourced to 229 job workers. As of March 31, 2025, 88.10% of revenue came from the east region. The company focuses on direct client engagement and strong local market connections to drive growth.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   28 May 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   30 May 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   02 Jun 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   03 Jun 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   03 Jun 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   04 Jun 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.