Vivekanand Cotspin Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 1.08x | 2,835,000 | 3,060,000 | ₹10 Cr |
| NII (HNI) | 2.52x | 855,000 | 2,154,000 | ₹3 Cr |
| Retail | 1.76x | 2,010,000 | 3,540,000 | ₹7 Cr |
| Market Maker | — | 300,000 | — | ₹1 Cr |
| Σ Total | 1.54x | 5,700,000 | 8,754,000 | ₹21 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹111,000 |
| Retail (Max) | 13 | 39,000 | ₹1,443,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,554,000 |
| B-HNI (Min) | 67 | 201,000 | ₹7,437,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 409 | 291 | 358 |
| EBITDA | 15 | 15 | 15 |
| Profit After Tax | 4 | 4 | 3 |
| Net Worth | 29 | 17 | 21 |
| Total Assets | 85 | 88 | 85 |
| Reserves & Surplus | 13 | 2 | 6 |
| Total Borrowing | 45 | 55 | 40 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding for capital expenditure requirement towards installation of additional plant and machinery – 5.27
- To meet Working Capital requirements – 11.00
- General Corporate Purposes –
Company Overview
Incorporated in July 2015, Vivekanand Cotspin Limited processes cotton and manufactures yarn through ginning and spinning, including trading.
The company's products include cotton bales, seeds, and yarn.
The company operates in two primary areas: cotton ginning and spinning.
The company focuses on spinning clean cotton fibres into yarn.
The company focuses on cotton yarn, offering carded and combed options for domestic and international markets. Vivekanand Cotspin caters to various industries needing high-quality yarn for fabric production and exporting beyond India. It operates spinning mills with efficient machinery to uphold quality control.
The company’s manufacturing facility is located in Rangpurda, Kadi, within the Mahesana District of Gujarat, close to the fertile cotton-growing regions of Maharashtra and Saurashtra in Gujarat. The company has established an annual production capacity of approximately 4,550 tons of cotton yarn and 8,000 tons of cotton bales.
As on May 30th, 2026, the Company has 146 employees on payroll.
Competitive Strength
- Establishing the Spinning Unit has achieved forward integration into the cotton textile industry.
- Cost-effective production and timely fulfilment of orders.
- Scalable model to optimize production, strengthen supplier relationships, and achieve economies of scale.
- Emphasizing high-quality yarn is crucial for attracting and retaining customers in the competitive textile industry.
- Experienced Promoters.