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VIVEKANAND · BSE · Other Textile Products
Vivekanand Cotspin IPO listed on 28 Sep 2026 on BSE at ₹38.00, a gain of 2.70% over the issue price of ₹37.00. The IPO was subscribed 1.79x overall.
Vivekanand Cotspin IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 21 Sep 2026 |
| IPO Close Date | 23 Sep 2026 |
| Basis of Allotment | 24 Sep 2026 |
| Initiation of Refunds | 25 Sep 2026 |
| Credit of Shares to Demat | 25 Sep 2026 |
| Listing Date | 28 Sep 2026 |
Listing day gain
+2.7%
Listed at ₹38 (issue ₹37)
Issue
₹37
Listing
₹38
Current
₹39.9
+7.84% vs issue
Day range
₹38 – ₹39.9
Issue Size
6,000,000 shares
(aggregating up to ₹22.00 Cr)
Issue Price
₹32 – ₹37
Face Value
₹10/share
Market Lot
3,000 shares
Retail Min Investment
₹222,000
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
5,700,000 shares
(aggregating up to ₹21 Cr)
Offer for Sale
[.]
Reserved for Market Maker
300,000 shares
(aggregating up to ₹1.00 Cr)
Issue Type
book building
Open Date
21 Sep
Close Date
23 Sep
Allotment
24 Sep
Listing
28 Sep
Last updated: 1 week ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 27 Sep 2026 Latest | ₹37 | ₹0 | ₹37 | ₹0 |
0%
|
11:05 AM |
| 26 Sep 2026 | ₹37 | ₹0 | ₹37 | ₹0 |
0%
|
10:15 AM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 23 Sep 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 1.26x | - |
| NII | 2.41x | - |
| bNII (bids above ₹10L) | 2.99x | - |
| sNII (bids below ₹10L) | 1.26x | - |
| Individual Investors | 1.82x | - |
| Total | 1.79x | - |
Showing the latest subscription snapshot.
View full subscription historyNirav Bharatbhai Patel, Jasmin Vishnubhai Patel, Bharatbhai Prahaladbhai Patel, Vishnubhai Prahaladdas Patel, Gautam Bharatkumar Patel, B P Patel Family Trust, V P Patel Family Trust
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 6,000 | ₹222,000 |
| Retail (Max) | 2 | 6,000 | ₹222,000 |
| S-HNI (Min) | 3 | 9,000 | ₹333,000 |
| S-HNI (Max) | 9 | 27,000 | ₹999,000 |
| B-HNI (Min) | 10 | 30,000 | ₹1,110,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 2,850,000 (45.00%) |
|
•
Anchor Investor Shares Offered
|
1,710,000 (25.00%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
1,140,000 (20.00%) |
| NII (HNI) Shares Offered | 855,000 (15.00%) |
|
•
bNII > ₹10L
|
570,000 (10.00%) |
|
•
sNII < ₹10L
|
285,000 (5.00%) |
| Retail Shares Offered | 1,995,000 (35.00%) |
| Market Maker Shares Offered | 300,000 (5.00%) |
| Total Shares Offered | 6,000,000 (100.00%) |
Vivekanand Cotspin Limited is headquartered in Ahmedabad, Gujarat. It works in the textiles sector, engaged in the ginning and processing of cotton and the spinning of cotton yarn.
The company processes raw cotton through ginning and pressing, and spins cotton yarn used further in the textile value chain. It is based out of Ahmedabad and operates within Gujarat's cotton and textile manufacturing belt. The promoters are Nirav Bharatbhai Patel, Jasmin Vishnubhai Patel, Bharatbhai Prahaladbhai Patel, Vishnubhai Prahaladdas Patel, Gautam Bharatkumar Patel, Ranjanben Bharatbhai Patel and Kapilaben Vishnubhai Patel, along with the B P Patel Family Trust and V P Patel Family Trust.
Revenue rose to about Rs 409.32 crore in FY26 from Rs 290.94 crore in FY25, while profit after tax was about Rs 3.69 crore in FY26, compared with Rs 4.07 crore in FY25, as per the DRHP. The IPO is an SME book-built issue of Rs 24.05 crore on the BSE SME platform, structured entirely as a fresh issue of 65,00,000 equity shares of face value Rs 10 each, priced at Rs 32-37 per share, with subscription scheduled for September 21-23, 2026 and a tentative listing date of September 28, 2026. Net proceeds are proposed to be used for prepayment or repayment of certain outstanding borrowings (about Rs 8 crore) and funding capital expenditure for the purchase and installation of plant and machinery (about Rs 6.51 crore), with the balance for other objects including general corporate purposes.
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Mar 2026 |
|---|---|---|---|
| Total Revenue | 358.02 | 290.94 | 409.32 |
| Profit After Tax (PAT) | 3.35 | 4.07 | 3.69 |
| EBITDA | 14.59 | 14.59 | 15.09 |
| Total Assets | 84.83 | 87.53 | 84.85 |
| Net Worth | 20.62 | 17.26 | 28.94 |
| Reserves & Surplus | 5.62 | 2.26 | 12.69 |
| Total Borrowing | 40.02 | 54.76 | 45 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2026 |
|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | 15.96% |
| RoCE Return on Capital Employed Shows the profit earned on all the money used, shareholder funds plus loans. Matters most for factory and infrastructure heavy companies. | 13.14% |
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 15.96% |
| PAT Margin Profit After Tax Margin Out of every ₹100 of sales, how much the company keeps after paying all costs, loan interest and tax. | 0.9% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 3.7% |
| Debt / Equity Debt to Equity How much the company has borrowed against what shareholders own. Above 1x means the loans are bigger than shareholder funds. | 1.56x |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 2.08x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹2.27 | ₹1.62 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | 16.3x | 22.84x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹60 Cr | ₹84 Cr |
The basis of allotment for Vivekanand Cotspin IPO was finalised on 24 Sep 2026. You can check your allotment status using your PAN number or application number on the MUFG Intime India Pvt.Ltd portal or BSE.
The Vivekanand Cotspin IPO is expected to open in Sep 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Vivekanand Cotspin IPO is ₹32.00 - ₹37.00 per share.
As per market sources, Vivekanand Cotspin IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Vivekanand Cotspin IPO stands at 1.79x overall.
The listing date for Vivekanand Cotspin IPO is 28 Sep 2026.
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