NR Vandana Textile IPO Allotment Status

N R Vandana Tex Industries Limited, incorporated in 1992, is a Kolkata-based company specializing in the design, manufacturing, and wholesale distribution of cotton textile products, including sarees, salwar suits, and bed sheets. The NR Vandana Textile IPO comes with a total issue size of ₹27.89 crore, comprising entirely a fresh issue of 61.98 lakh shares. The IPO opened on May 28, 2025, and closed on May 30, 2025. The allotment date for the NR Vandana Textile IPO is expected to be finalized on Monday, June 2, 2025.

Don’t Miss Out on the Next Big IPO – Invest With Just a Few Clicks!

Open Account Now

Steps to Check NR Vandana Textile IPO Allotment Status on Registrar Site

• Visit Cameo Corporate Services Limited website
• Select "NR Vandana Textile IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check NR Vandana Textile IPO Allotment Status on NSE

• Navigate to the NSE SME IPO Allotment Status Page
• Choose "NR Vandana Textile IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

NR Vandana Textile IPO Subscription Status

NR Vandana Textile IPO received overwhelming investor interest, being subscribed 101.00 times overall. Here is a category-wise breakdown of the subscription as of 5:15:01 PM on May 30, 2025:

• Qualified Institutional Buyers (QIB): 36.54 times
• Non-Institutional Investors (NII): 126.70 times
• Note: This IPO was offered only to QIB and NII categories, not to retail investors

Utilization of IPO Proceeds

The funds raised through the IPO will be utilized as follows:

• Working Capital: Funding working capital requirements of the Company
• Debt Repayment: Prepayment/Repayment of Loan
• General Corporate Purposes: Supporting various business initiatives

Business Overview

The company markets its products under the brand names Vandana and Tanya, operating on a B2B model through a network of 1,041 wholesalers across 31 Indian states and leveraging a B2B e-commerce platform for broader reach. Certain manufacturing processes are outsourced on a job-work basis, with the company providing detailed technical specifications such as designs, patterns, quality standards, and fabric types. N R Vandana Tex Industries has three generations of experience in the textile business, operates three manufacturing units and four warehouses with a 39,000 sq. ft. factory facility, and has product availability on major B2B platforms including SOLV, Udaan, Bijnis, Jozzby, and Ajio.