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Vivekanand Cotspin Limited IPO
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Latest GMP
- Lead Manager
- Swastika Investmart Limited
- IPO Registrar
- MUFG Intime India Private Limited
- IPO Open Date
- 21st Sep 2026
- IPO Close Date
- 23rd Sep 2026
- Allotment date
- 24th Sep 2026
- Listing date
- 28th Sep 2026
- Issue Size
- ₹ 24 Cr.
- Issue Price Band
- ₹ 32 to 37
- Lot Size
- 3000 Share
- Minimum Investment
- ₹ 222000
Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
About Vivekanand Cotspin Limited
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. It focuses on spinning clean cotton fibres into yarn.
Product Focus
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.
Manufacturing Facility & Capacity
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
- 8,000 tons of cotton bales
Workforce
As on May 30th, 2026, the Company has 146 employees on payroll.
Competitive Strengths
- 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
IPO Subscription Details
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| QIB (Ex Anchor) | 11,43,000 (26.59%) | 14,40,000 | 1.26 |
| NII | 11,55,000 (26.87%) | 23,64,000 | 2.05 |
| bNII (> ₹10L) | 5,70,000 (13.26%) | 20,04,000 | 3.52 |
| sNII (< ₹10L) | 2,85,000 (6.63%) | 3,60,000 | 1.26 |
| Retail | 20,01,000 (46.55%) | 36,48,000 | 1.82 |
| Total | 42,99,000 (100.00%) | 74,52,000 | 1.73 |
Grey Market Premium (GMP)
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 22-09-2026 | ₹37 | ₹0 | ₹37 ( 0.00% ) | ₹0.00 | 22-Sep-2026 04:00 PM |
Financials of Vivekanand Cotspin Limited
A quick overview of the key Financial Performance of Vivekanand Cotspin Limited.
Total Assets (₹ Cr)
Revenue (₹ Cr)
Profit after Tax (₹ Cr)
*All values are in Rs. Cr
Company Financials
Revenue increased by 441%, Profit after Tax (PAT) increased by 324%, Total Assets increased by 11% between FY2025 (Aug) and FY2026.
| Period Ended | FY2024 | FY2025 (Mar) | FY2025 (Aug) | FY2026 |
|---|---|---|---|---|
| Revenue | 357.39 | 290.47 | 75.47 | 408.01 |
| Assets | 84.83 | 87.53 | 76.23 | 84.85 |
| Total Income | 358.02 | 290.94 | 75.57 | 409.32 |
| Profit After Tax | 3.35 | 4.07 | 0.87 | 3.69 |
| EBITDA | 14.59 | 9.41 | 5.18 | 15.09 |
| Net Worth | 20.62 | 17.26 | 23.45 | 28.94 |
| Reserves & Surplus | 5.62 | 2.26 | 8.45 | 12.69 |
| Total Borrowings | 40.02 | 54.76 | 32.56 | 45.00 |
IPO Lot Size
Application
Lots
Shares
Amount
Individual Investors (IND) (Min)
2
6,000
₹ 2,22,000
Individual Investors (IND) (Max)
2
6,000
₹ 2,22,000
S-HNI (Min)
3
9,000
₹ 3,33,000
S-HNI (Max)
9
27,000
₹ 9,99,000
B-HNI (Min)
10
30,000
₹ 11,10,000
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (IND) (Min) | 2 | 6,000 | ₹ 2,22,000 |
| Individual Investors (IND) (Max) | 2 | 6,000 | ₹ 2,22,000 |
| S-HNI (Min) | 3 | 9,000 | ₹ 3,33,000 |
| S-HNI (Max) | 9 | 27,000 | ₹ 9,99,000 |
| B-HNI (Min) | 10 | 30,000 | ₹ 11,10,000 |
Key Performance Indicators (KPI)
| KPI | Latest |
|---|---|
| ROE (%) | 15.96 |
| ROCE (%) | 13.14 |
| Debt / Equity | 1.56 |
| RoNW (%) | 15.96 |
| PAT Margin (%) | 0.9 |
| EBITDA Margin (%) | 3.7 |
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
2.45
-
|
| P/E (x) |
-
-
|
| Promoter Holding (%) |
100
-
|
IPO Lead Manager(s)
Lead Manager Details
- Swastika Investmart Limited
- Contact Person: Mohit R. Goyal
- SEBI Registration Number: INM000012102
- Investor Grievance Email: mb.investorgrievance@swastika.co.in
- Website: https://www.swastika.co.in
- Email: mb@swastika.co.in
- Phone: +91 0731 664 4244
- Address: Registered Office: Office No. 104, 1st Floor, KESHAVA Commercial Building, Plot No. C-5, E Block, Bandra Kurla Complex, Opp. GST Bhavan, Bandra (East), Mumbai-400051, Maharashtra, India; Merchant Banking Division: 48 Jaora Compound, M.Y.H Road, Indore, Madhya Pradesh-452001
IPO Registrar
- Registrar Name
- MUFG Intime India Private Limited
- Phone
- +91 810 811 4949
- Contact Person
- Shanti Gopalkrishnan
- SEBI Registration Number
- INR000004058
- Address
- C-101, Embassy 247, L.B.S Marg, Vikhroli (West), Mumbai - 400083, Maharashtra, India
- Website
- https://in.mpms.mufg.com/
Company Contact Details
- Company Name
- Vivekanand Cotspin Limited
- cs@vcottonexport.com
- Phone
- +91 9227825102
- Contact Person
- Ankit Sanchiher
- Corporate Identity Number
- U13111GJ2024PLC154066
- Address
- S/No 181/1, 182/1, At Rangpurda, Kadi, Mahesana - 382715, Gujarat, India
- Website
- https://www.vcottonexport.com/
Vivekanand Cotspin Limited FAQs
