Vivekanand Cotspin Limited IPO Details
Factual IPO information from public filings. Not investment advice.
Issue Details
- Price Band
- ₹32 – ₹37
- Lot Size
- 3,000 shares
- Min. Investment
- ₹1,11,000
- Total Issue Size
- ₹22.2 Cr
- 60,00,000 shares
- Fresh Issue
- ₹22.2 Cr
- 60,00,000 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 1,62,50,000
- Shares Post-Issue
- 2,22,50,000
Lot Size & Investment
1 lot = 3,000 shares
Retail (min)
2 lots · 6,000 shares
Retail (max)
2 lots · 6,000 shares
S-HNI (min)
3 lots · 9,000 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 6,000 | ₹2,22,000 |
| Small HNI (S-HNI) | 3 | 9,000 | ₹3,33,000 |
| Big HNI (B-HNI) | 10 | 30,000 | ₹11,10,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 84.85 | 87.53 | 84.83 |
| Total Income | 409.32 | 290.94 | 358.02 |
| Profit After Tax | 3.69 | 4.07 | 3.35 |
| EBITDA | 15.09 | 14.59 | 14.59 |
| Net Worth | 28.94 | 17.26 | 20.62 |
| Reserves & Surplus | 12.69 | 2.26 | 5.62 |
| Total Borrowing | 45 | 54.76 | 40.02 |
Key Performance Indicators
| Period | Mar-26 |
|---|---|
| ROE (%) | 15.96 |
| ROCE (%) | 13.14 |
| EPS (₹) | 2.27 |
| P/E (pre-issue) | 16.3 |
| P/E (post-issue) | 22.84 |
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. 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.
Company Information
- Book running lead managers
- Swastika Investmart Ltd.
- Registered office
- S/No 181/1, 182/1, At Rangpurda,, Kadi, Mahesana, Gujarat, 382715
- Market maker
- Sunflower Broking Pvt.Ltd.