Vivekanand Cotspin IPO Subscribed 1.79x on Day 3

Generic user silhouette icon Varda Khade - 0 min read

Last Updated: 23rd September 2026 - 05:59 pm

Vivekanand Cotspin IPO was subscribed 1.79 times by 5:06 PM on Day 3 (September 22, 2026). The public issue received bids for 71,52,000 shares against 39,99,000 shares available for subscription.

Among investor categories, the NII portion witnessed the highest participation at 2.41 times, followed by the Individual portion at 1.82 times. The QIB portion was subscribed 1.26 times.

Subscription Status of Vivekanand Cotspin IPO

Date QIB NII Individual Total
Day 1 (September 18) 0.00 0.26 0.05 0.08
Day 2 (September 21) 0.00 0.35 0.20 0.17
Day 3 (September 22) 1.26 2.41 1.82 1.79

Here are the subscription details for Vivekanand Cotspin IPO Day 3, as of 5:06 PM:

Investor Category Subscription (times) Shares Offered Shares bid for Total
Anchor 1 17,10,000     17,10,000         6.327    
Market Maker 1 3,00,000     3,00,000     1.110
QIB 1.26 11,43,000     14,40,000      5.328  
NII 2.41 8,55,000    20,64,000          7.637
Individual 1.82 20,01,000     36,48,000          13.498        
Total 1.79 39,99,000    

71,52,000              

26.462     

Key Highlights – Day 3

  • Overall subscription stood at 1.79x.
  • NII portion was subscribed 2.41x.
  • Individual portion was subscribed 1.82x.
  • QIB portion was subscribed 1.26x.
  • The IPO received bids for 71.52 lakh shares against 39.99 lakh shares on offer.

Key Highlights – Day 2

  • Overall subscription stood at 0.17x.
  • NII portion was subscribed 0.35x.
  • Individual portion was subscribed 0.20x.
  • QIB portion was subscribed 0.00x.

Key Highlights – Day 1

  • Overall subscription stood at 0.08x.
  • NII portion was subscribed 0.26x.
  • Individual portion was subscribed 0.05x.
  • QIB portion was subscribed 0.00x.

About Vivekanand Cotspin

Incorporated in July 2015, Vivekanand Cotspin Limited is engaged in cotton processing and yarn manufacturing, with operations spanning cotton ginning, spinning and trading.

The company’s product portfolio includes cotton bales, cotton seeds and cotton yarn. Its operations are primarily divided into two segments: cotton ginning and spinning. The spinning operations involve processing clean cotton fibres into yarn, including carded and combed cotton yarn for domestic and international markets.

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