Vinod Texworld IPO GMP today is Rs 1. Investors can use this GMP along with price band and subscription status for a better IPO review.
Closed
SME IPO
VINOD
Vinod Texworld IPO GMP & Allotment
Vinod Texworld Limited processes greige fabric into finished fabrics used primarily by clothing brands and end-users. The company conducts operations through manufacturing and trading activities, with products distributed domestically across states including Gujarat and Punjab, as well as exported to Nepal. Its manufacturing processes encompass fabric processing activities such as dyeing, washing, printing, and finishing, utilizing specialized machinery including jigger machines, vertical drying ranges, desize machines, mercerise machines, stenter machines, rotary printing machines, and singeing machines. Revenue is primarily generated through the sale of processed and traded textile products, supported by an effluent treatment plant, boilers, turbines, and a ground-mounted solar power project for operational utilities.
- IPO Price Band
- ₹94.00 - ₹94.00
- Lot Size
- 1,200 Shares
- Bidding Closes
- 11 Sept 2026
- Listing Date
- 17 Sept 2026
Current GMP Status
₹1
+1.06% vs upper band
Est. Listing Gain
+1.06%
Last Trend
11 Sept 2026
Listing Price
Est. ₹95
Retail Entry
₹2,25,600
IPO Details
Complete IPO information
| IPO Open Date | 09 Sept 2026 |
|---|---|
| IPO Close Date | 11 Sept 2026 |
| IPO Price Band | ₹94.00 - ₹94.00 |
| Lot Size | 1,200 Shares |
| Current GMP | ₹1 |
| Estimated Listing Gain | +1.06% |
| Issue Size | Approx ₹42.83 Cr |
| Fresh Issue | Approx ₹42.83 Cr |
| Issue Type | SME |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | Kfin Technologies Ltd. |
| Overall Subscription | 1.6x |
| Minimum Investment | ₹2,25,600 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| NII | 21.65 | 6.49 | 0.30x |
| Retail | 21.65 | 62.95 | 2.91x |
| Overall Subscription | 43.28 | 69.44 | 1.60x |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Vinod Texworld is priced at ₹94 per share. With a minimum lot size of 1,200 shares, a retail investor applying for one lot would need approximately ₹2,25,600 to participate in this SME issue.
The latest recorded Grey Market Premium for Vinod Texworld stands at ₹1, implying an estimated listing gain of around 1.06% over the issue price if it holds until listing. This is down ₹5 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Vinod Texworld's IPO was subscribed 1.6x overall, with a category-wise breakdown of Retail 2.91x, NII 0.3x.
Among the strengths highlighted in Vinod Texworld's IPO documents: Established fabric processing setup with end-to-end dyeing, printing, and finishing operations.; Diversified revenue stream combining in-house manufacturing and trading of textile products..
Investors should also weigh the risk factors Vinod Texworld has disclosed, including: Revenue concentration risk with over 50% of sales derived from top ten customers..
A share of Vinod Texworld's issue proceeds is earmarked for Repayment Of Borrowings: 7.15 (16.70%).
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
09 Sept 2026
✓
Bidding Closes
11 Sept 2026
03
Allotment Next
15 Sept 2026
04
Listing
17 Sept 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 11 Sept 2026 | ₹15.00 | -₹5.00 | 15.96% |
| 10 Sept 2026 | ₹20.00 | +₹12.00 | 21.28% |
| 09 Sept 2026 | ₹8.00 | - | 8.51% |
| 08 Sept 2026 | ₹8.00 | +₹4.00 | 8.51% |
| 07 Sept 2026 | ₹4.00 | +₹4.00 | 4.26% |
| 06 Sept 2026 | ₹0.00 | - | TBA |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,400 | ₹2,25,600 |
| Retail Maximum | 2 Lot | 2,400 | ₹2,25,600 |
| S-HNI Minimum | 3 Lot | 3,600 | ₹3,38,400 |
| S-HNI Maximum | 8 Lot | 9,600 | ₹9,02,400 |
| B-HNI Minimum | 9 Lot | 10,800 | ₹10,15,200 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
- Repayment Of Borrowings 7.15 (16.70%)
- General Corporate Purpose 5.97 (13.94%)
Issue Notes
Important takeaways before applying
Strengths
- Established fabric processing setup with end-to-end dyeing, printing, and finishing operations.
- Diversified revenue stream combining in-house manufacturing and trading of textile products.
- Dedicated utility infrastructure including an Effluent Treatment Plant and captive solar energy project.
- Experienced promoter leadership with deep domain knowledge in the textile sector.
- Broad domestic distribution network across multiple key regional textile hubs.
Risks
- Revenue concentration risk with over 50% of sales derived from top ten customers.
- High dependence on single-location manufacturing operations in Ahmedabad, Gujarat.
- High working capital intensity with significant reliance on short-term bank borrowings.
- Absence of long-term contracts with key customers, operating primarily on purchase orders.
- Outstanding corporate guarantee obligations provided on behalf of a promoter group entity.
Analysis
Vinod Texworld IPO Reservation
The Vinod Texworld IPO reservation is divided between Non-Institutional Investors (NII) and Retail Investors. Both categories have been allocated nearly equal portions of the total shares offered in the issue.
| Investor Category | Share Offered | % Shares |
|---|---|---|
| NII Shares Offered | 21,64,800 Shares | 47.51% |
| Retail Shares Offered | 21,63,600 Shares | 47.48% |
Note: The reservation details are based on the share allocation provided for the Vinod Texworld IPO.
Analysis
Vinod Texworld IPO Dates
The Vinod Texworld IPO is scheduled to open on September 9, 2026, and close on September 11, 2026. The IPO allotment is expected to be finalized on September 15, followed by refunds and credit of shares to Demat accounts on September 16. The Vinod Texworld shares are scheduled to list on September 17, 2026.
| Particular | Date |
|---|---|
| IPO Open Date | September 9, 2026 |
| IPO Close Date | September 11, 2026 |
| Basis of Allotment | September 15, 2026 |
| Refunds | September 16, 2026 |
| Credit to Demat Account | September 16, 2026 |
| IPO Listing Date | September 17, 2026 |
Note: IPO dates are based on the schedule provided for the Vinod Texworld IPO.
Analysis
Vinod Texworld IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 09 Sept 2026 |
| IPO Close Date | 11 Sept 2026 |
| Basis of Allotment | 15 Sept 2026 |
| Refunds | 16 Sept 2026 |
| Credit to Demat Account | 16 Sept 2026 |
| IPO Listing Date | 17 Sept 2026 |
Note: The timeline for Vinod Texworld IPO is tentative and subject to change.
Analysis
Vinod Texworld Objects of the Issue & Utilisation of Proceeds
The funds raised through the Vinod Texworld IPO are planned to be used for business expansion, repayment of existing borrowings and meeting the company's working capital needs. A portion of the proceeds will also be allocated towards general corporate purposes and issue-related expenses.
| Purpose | Amount (₹ Crores) |
|---|---|
| Expansion of Existing Plant | ₹6.39 |
| Repayment of Loan | ₹7.15 |
| To meet Working Capital Requirement | ₹20.35 |
| General Corporate Purposes | ₹5.97 |
| Issue Expenses | ₹2.97 |
Note: The utilisation of IPO proceeds is based on the purpose-wise allocation provided for the Vinod Texworld IPO.
Analysis
Vinod Texworld Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Purpose | INR crores (%) |
| Expansion of Existing Plant | 6.39 (14.92%) |
| Repayment of loan | 7.15 (16.70%) |
| To Meet Working Capital Requirements | 20.35 (47.51%) |
| Issue Expenses | 2.97 (6.93%) |
| General corporate purposes | 5.97 (13.94%) |
Note: Objectives are as specified in the DRHP/RHP documents of Vinod Texworld.
Analysis
Vinod Texworld Company Financials
Vinod Texworld has reported steady growth in revenue and profitability across the three financial periods. Revenue increased from ₹271.65 Crores in 2024 to ₹342.96 Crores in 2026, while PAT improved from ₹5.49 Crores to ₹10.41 Crores. The company's assets also increased during the period.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹271.65 | ₹264.50 | ₹5.49 | ₹154.28 |
| 2025 | ₹335.74 | ₹323.10 | ₹9.23 | ₹177.68 |
| 2026 | ₹342.96 | ₹328.83 | ₹10.41 | ₹181.50 |
Note: Amounts are in ₹ Crores. Financial figures are based on the information provided for Vinod Texworld.
Analysis
Vinod Texworld Company Financials
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 271.65 Cr. | 264.50 Cr. | 5.49 Cr. | 154.28 Cr. |
| 2025 | 335.74 Cr. | 323.10 Cr. | 9.23 Cr. | 177.68 Cr. |
| 2026 | 342.96 Cr. | 328.83 Cr. | 10.41 Cr. | 181.50 Cr. |
Note: Financial numbers for Vinod Texworld are in ₹ Crores unless stated otherwise.
Analysis
Vinod Texworld Company Valuation – FY2026
| KPI | Values |
|---|---|
| ROE | 24.31% |
| ROCE | 31.80% |
| EBITDA Margin | 6.66% |
| PAT Margin | 3.04% |
| Debt to Equity Ratio | 1.65 |
| Earning Per Share (EPS) | 8.97 (Basic) |
| Price/Earning P/E Ratio | 10.48 |
| Return on Net Worth (RoNW) | 24.31% |
| Net Asset Value (NAV) | 36.90 |
Note: Valuation KPIs for Vinod Texworld are computed for FY2026.
Analysis
Vinod Texworld IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Jakharia Fabric Limited | 2.74 | 22.08 | 13.10% | 20.91 | 64.20 Cr. |
| Borana Weaves Ltd | 24.35 | 12.61 | 22.95% | 105.67 | 388.59 Cr. |
Note: Peer group comparisons for Vinod Texworld are sourced from DRHP filings.
Comparison
Compare Vinod Texworld IPO with similar IPOs
FAQ
Vinod Texworld IPO FAQs
Vinod Texworld IPO price band is Rs 94.00 to Rs 94.00. Check the latest issue price, lot size and GMP together before applying.
Vinod Texworld IPO open date is 09 Sept 2026, close date is 11 Sept 2026, and listing date is 17 Sept 2026.
Vinod Texworld IPO lot size is 1,200 shares. The minimum retail investment is Rs 2,25,600.
Vinod Texworld is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Vinod Texworld IPO subscription status currently shows Retail 2.91x, NII 0.3x, Overall 1.6x.
Vinod Texworld Limited processes greige fabric into finished fabrics used primarily by clothing brands and end-users. The company conducts operations through manufacturing and trading activities, with products distributed domestically across states including Gujarat and Punjab, as well as exported to Nepal. Its manufacturing processes encompass fabric processing activities such as dyeing, washing, printing, and finishing, utilizing specialized machinery including jigger machines, vertical drying ranges, desize machines, mercerise machines, stenter machines, rotary printing machines, and singeing machines. Revenue is primarily generated through the sale of processed and traded textile products, supported by an effluent treatment plant, boilers, turbines, and a ground-mounted solar power project for operational utilities.
Vinod Texworld IPO issue size is 42.83 and the expected allotment date is 15 Sept 2026.
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