Vivekanand Cotspin Limited
SMEBSE
Issue details
Price band
₹35 - ₹37
Lot size
3,000 shares
Issue size
₹24 Cr
Min. investment
₹1,11,000
Registrar
MUFG Intime India
Subscription
1.73x · 696 applications
Grey market premium
₹0 · 0%
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IPO Timeline
Open
21 Sep
Close
23 Sep
Allotment
24 Sep
Listing
28 Sep
- Refunds & demat credit
- 25 Sep 2026
- Mandate end
- 8 Oct 2026
We calculate these dates from the allotment and close dates, so please treat them as indicative.
Application size
| Category | Minimum | Maximum |
|---|---|---|
| Retail | 3,000shares 1 lot · ₹1,11,000 | 3,000shares 1 lot · ₹1,11,000 |
| HNI | 6,000shares 2 lots · ₹2,22,000 | No limit funds permitting |
Based on the upper price band of ₹37 and a lot of 3,000 shares.
Subscription
| Quota | Shares offered | Shares bid | Applications | Subscribed |
|---|---|---|---|---|
| Retail (IND) | 20,01,000 | 36,48,000 | 608 | 1.82x |
| Total | 42,99,000 | 74,52,000 | 696 | 1.73x |
Last updated 41 days ago.
Issue structure
Face value
₹10 per share
Issue type
Bookbuilding IPO
Sale type
Fresh capital only
Fresh issue
₹21 Cr
57,00,000 shares
Shares pre-issue
1,62,50,000
Shares post-issue
2,22,50,000
Valuation & ratios
| Metric | Pre-IPO | Post-IPO |
|---|---|---|
| EPS | 2.27 | 1.62 |
| P/E | 16.3 | 22.84 |
| Market cap | ₹60.13 Cr. | ₹82.33 Cr |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 15.96% |
| ROCE | 13.14% |
| Debt/Equity | 1.56 |
| RoNW | 15.96% |
| PAT Margin | 0.90% |
| EBITDA Margin | 3.70% |
| NAV | 17.81 |
| Price to Book Value | 2.08 |
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| 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 |
| Assets | 84.85 | 87.53 | 84.83 |
| Reserves & surplus | 12.69 | 2.26 | 5.62 |
| Total borrowing | 45 | 54.76 | 40.02 |
Figures in ₹ crore, as reported by the company in its offer document.
Objects of the issue
- 1.Funding for capital expenditure requirement towards installation of additional plant and machinery₹5.27 Cr
- 2.To meet Working Capital requirements₹11 Cr
- 3.General Corporate Purposes₹3.24 Cr
- 4.Issue Expenses₹2.69 Cr
What the company says it intends to do with the money raised.
Recent comparable IPOs
| Company | Issue price | P/E | Listing close | Listing gain |
|---|---|---|---|---|
| Panchatv Bharat Ltd.SME | ₹140 | 14.23 | ₹122.55 | -12.46% |
| Vinod Texworld Ltd.SME | ₹94 | 10.48 | ₹89.30 | -5.00% |
| Ashutosh Fibre Ltd.SME | ₹92 | 9.03 | ₹147.00 | +59.78% |
| Fascinate Textiles Ltd.SME | ₹151 | 10.33 | ₹114.80 | -23.97% |
| Shreedhar Spinners Ltd.SME | ₹53 | 13.44 | ₹57.10 | +7.74% |
| Harikanta Overseas Ltd.SME | ₹91 | 14.66 | ₹75.77 | -16.74% |
| Yajur Fibres Ltd.SME | ₹174 | 23.49 | ₹132.25 | -23.99% |
| K K Silk Mills Ltd.SME | ₹38 | 12.12 | ₹30.40 | -20.00% |
| Game Changers Texfab Ltd.SME | ₹102 | 10.58 | ₹109.35 | +7.21% |
| Sihora Industries Ltd.SME | ₹66 | 13.14 | ₹66.50 | +0.76% |
| Sonaselection India Ltd.Mainboard | ₹99 | 12.38 | ₹107.42 | +8.51% |
| Alpine Texworld Ltd.Mainboard | ₹105 | 12.68 | ₹99.75 | -5.00% |
| Kusumgar Ltd.Mainboard | ₹419 | 44.8 | ₹602.80 | +43.87% |
| Aastha Spintex Ltd.Mainboard | ₹136 | 18.78 | ₹136.49 | +0.36% |
| Shree Ram Twistex Ltd.Mainboard | ₹104 | 38.21 | ₹71.40 | -31.35% |
Past listing performance of comparable issues. This is not a forecast: listing gains vary widely and can turn negative.
Issue fundamentals compiled from the company's offer document via Chittorgarh, last read 27 Sep 2026. Always verify against the RHP before applying.