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N R Vandana Tex Industries Ltd

N R Vandana Tex Industries Ltd

    Registered Office : 220 Mahatma Gandhi Road,Barabazar,Kolkata West Bengal 700007 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

Opens On

Closes On

28-May-2025

30-May-2025

Money Payable On

Application

Allotment

45.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

23.39

27.89

23.29

45.00

Marwadi Chandarana Intermediaries Brokers Pvt Ltd

Projects
  • Funding working capital requirements of the company
  • Prepayment/repayment of loan
  • General corporate purposes
Promoted By
  • Narain Prasad Lohia
  • Prabhu Lohia
  • Gyanesh Lohia
Listing At
  • NSE - SME
Registrar to the Issue
  • Cameo Corporate Services Ltd