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N R Vandana Tex Industries Limited IPO IPO

NRVandanaTexIndustriesLimited
Start Date28-05-2025
Application Timing10am-5pm
Price Range₹42 - ₹45
Min Qty3000
Min. Investment₹135000
Listing DateNA
Close Date30-05-2025

About NRVandanaTexIndustriesLimited

N R Vandana Tex Industries Limited, incorporated in 1992 and headquartered in Kolkata, is a well-established textile manufacturing and distribution company with over three decades of experience. The company specializes in the design, manufacturing, and wholesale distribution of cotton-based textile products such as sarees, salwar suits, and bed sheets under its flagship brands Vandana and Tanya.

NR Vandana operates primarily on a B2B model, boasting a wide-reaching network of over 1,000 wholesalers across 31 states in India. Its products are also accessible via major B2B e-commerce platforms like SOLV, Udaan, Bijnis, Jozzby, and Ajio. The company owns three manufacturing units, four warehouses, and a 39,000 sq. ft. factory facility, and outsources certain production processes on a job-work basis with detailed technical guidance.

With a solid distribution network and a legacy of three generations in textiles, NR Vandana has earned a reputation for reliability, quality, and consistency in the Indian textile industry.

Why To Invest in NRVandanaTexIndustriesLimited

Strong Financial Growth: The company recorded a 100% increase in PAT and a 23% rise in revenue in FY25 compared to FY24, demonstrating robust financial momentum.

Pan-India Presence: A deep-rooted distribution network with 1,041 wholesalers and presence on leading B2B platforms ensures consistent market reach and sales volume.

Operational Efficiency: Strategic outsourcing, long-standing relationships with job workers, and strong supplier ties contribute to cost-effective and scalable operations.

Experienced Leadership: A seasoned management team with decades of industry experience enhances strategic execution and business continuity.

Focus on Expansion: IPO proceeds are aimed at strengthening working capital and reducing debt, indicating a forward-looking growth strategy.

Financial Table
Period Ended31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets0.00 183.55 167.96
Revenue271.10 220.21 195.60
Profit After Tax 8.60 4.29 1.80
Net Worth 0.00 25.16 17.27
Reserves and Surplus 0.00 25.17 17.64
Total Borrowing 0.00 68.98 65.08
Strengths And Risks
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Legacy & Experience: Backed by three generations of expertise in the textile industry, ensuring deep domain knowledge and stability.
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Strong B2B Network: Extensive wholesaler base across 31 states and presence on major B2B platforms like Udaan, SOLV, and Ajio.
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Operational Efficiency: Cost-effective production through trusted job workers and strong supplier relationships.
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Solid Financial Growth: Revenue up by 23% and PAT doubled in FY25, reflecting a strong upward business trajectory.
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Impressive Returns: High Return on Equity (17.54%) and Return on Net Worth (15.10%) showcase effective capital utilization.
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Competitive Market: Textile sector is highly fragmented and competitive, putting pressure on margins and market share.
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Outsourced Manufacturing Dependence: Reliance on third-party job workers may impact quality control and timelines.
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High Leverage: A debt-to-equity ratio of 2.43 indicates elevated financial risk if not managed post-IPO.
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Low Profit Margins: PAT margin of 1.95% is modest, and susceptible to raw material price volatility and cost escalations.
FAQs
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