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N R Vandana Tex Industries Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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N R Vandana Tex Industries Ltd IPO

Registered Office: 220 Mahatma Gandhi Road,Barabazar , Kolkata - 700007 , West Bengal , India.
Phone : +91 93312 81999   Fax:
Email :  info@vandanafashion.com  
Website :  www.vandanafashion.com
Initial public offer of 61,98,000^ equity shares of face value of (Rs)10/- each ("Equity Shares") of N R Vandana Tex Industries Limited ("the Company" or "the Issuer") at an issue price of
(Rs)45/- per equity share (including a share premium of (Rs)35/- per Equity Share) for cash, aggregating to (Rs)27.89 crores ("Public Issue") out of which 3,12,000 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)45/- per equity share for cash, aggregating (Rs)1.40 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 58,86,000 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)45/- per equity share for cash, aggregating to (Rs)26.49 crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 26.61 % and 25.27 % respectively of the post- issue paid-up equity share capital of the company. 
The price band and the minimum bid lot will be decided by the company. 
^ Subject to basis of allotment.

Issue Money Payable On
Opens On Closes On Application Allotment
28-May-25 30-May-25 (Rs)45.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 23.39
Marwadi Chandarana Intermediaries Brokers Pvt Ltd
Project Financed through Current Offer 27.89  
Post Issue Equity Share Capital 23.29  
Issue Price (Rs)45.00  
 
Projects
Funding working capital requirements of the companyGeneral corporate purposes
Prepayment/repayment of loan
Promoted By
Narain Prasad Lohia  
Prabhu Lohia  
Gyanesh Lohia  
Listing At
NSE - SME 
Registrar to the Issue
Cameo Corporate Services Ltd