NR Vandana Tex Industries Ltd is launching its IPO on May 28, 2025, with a closing date of May 30, 2025. The company aims to raise approximately ₹27.89 crores through a fresh issue.
🏢 Company Overview
Established in 1992, NR Vandana Tex Industries Ltd is engaged in the design, manufacturing, and wholesale of cotton textile products, including sarees, salwar suits, and bedsheets. The company operates under its own brands, “Vandana” and “Tanaya.” It follows a B2B business model, distributing products through a network of 1,041 wholesalers across 31 states and union territories in India, as well as through B2B e-commerce platforms like AJIO, SOLV, and Udaan.
NR Vandana Tex Industries Ltd IPO Lot Size
| Appy as | Price Band | Lot Size | Share | Appy Upto |
| Retail (Min) | ₹42 – ₹45 | 1 | —– | ₹—– |
| Retail (Max) | ₹42 – ₹45 | 1 lot × 14 (Approx) | —– | ₹—– |
| S-HNI (Min) | ₹42 – ₹45 | 2 lots | —– | ₹—– |
📈 IPO Review & Recommendation
NR Vandana Tex Industries Ltd has demonstrated consistent growth in both revenue and profitability over the past three fiscal years. The company’s strong distribution network, diversified product portfolio, and presence on multiple B2B platforms position it well in the textile industry. Given its financial performance and reasonable valuation, investors may consider subscribing to this IPO for potential long-term gains.
