Vivekanand Cotspin IPO GMP today is Rs 0. Investors can use this GMP along with price band and subscription status for a better IPO review.
Upcoming
SME IPO
VIVEKANAND
Vivekanand Cotspin IPO GMP & Subscription Status Today
Vivekanand Cotspin Limited operates in the cotton processing and yarn manufacturing industry, focusing on the ginning of raw cotton (kapas) into cotton bales and cotton seed, alongside the spinning of cotton bales into cotton yarn. Additionally, the company engages in trading cotton bales and cotton yarn to service customer requirements and optimize business opportunities. It generates revenue primarily from selling manufactured and traded cotton yarn, cotton bales, cotton seed, and cotton yarn waste. The business operates through its manufacturing facility located in Kadi, Gujarat. To support its production activities, the facility maintains an annual installed spinning capacity of 25,536 spindles, capable of spinning 4,551 metric tons of cotton yarn per year. The company services domestic customers across regional textile hubs and caters to international markets through export sales.
- Price Band
- ₹32.00 - ₹37.00
- Lot Size
- 3,000 Shares
- Bidding Closes
- 23 Sept 2026
- Listing Date
- 28 Sept 2026
Current GMP Status
₹0
+0% vs upper band
Est. Listing Gain
+0.00%
Last Trend
18 Sept 2026
Listing Price
Est. ₹37
Retail Entry
₹2,22,000
IPO Details
Complete IPO information
| Current GMP | ₹0 |
|---|---|
| Estimated Listing Gain | +0.00% |
| Price Band | ₹32.00 - ₹37.00 |
| Issue Price | Approx ₹22.20 Crores |
| Listing Price | Est. ₹37 |
| Lot Size | 3,000 Shares |
| Issue Type | SME |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Exchange | BSE SME |
| Retail Quota | TBA |
| Overall Subscription | TBA |
| Listing Date | 28 Sept 2026 |
| Minimum Investment | ₹2,22,000 |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Vivekanand Cotspin is priced at ₹37 per share. With a minimum lot size of 3,000 shares, a retail investor applying for one lot would need approximately ₹2,22,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Vivekanand Cotspin stands at ₹0, implying an estimated listing gain of around 0.00% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
Among the strengths highlighted in Vivekanand Cotspin's IPO documents: Integrated operations combining raw cotton ginning and yarn spinning processes.; Strategic manufacturing unit location in Kadi, Gujarat, within a cotton belt..
Investors should also weigh the risk factors Vivekanand Cotspin has disclosed, including: Revenue is heavily dependent on raw cotton prices and seasonal agricultural supply availability..
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
01
Bidding Opens Next
21 Sept 2026
02
Bidding Closes
23 Sept 2026
03
Allotment
24 Sept 2026
04
Listing
28 Sept 2026
Grey Market Premium
Daily GMP status
Trend chart builds up as more daily GMP snapshots are recorded.
| Date | GMP | Change | Gain |
|---|---|---|---|
| 18 Sept 2026 | ₹0.00 | - | 0.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 6,000 | ₹2,22,000 |
| Retail Maximum | 2 Lot | 6,000 | ₹2,22,000 |
| S-HNI Minimum | 3 Lot | 9,000 | ₹3,33,000 |
| S-HNI Maximum | 9 Lot | 27,000 | ₹9,99,000 |
| B-HNI Minimum | 10 Lot | 30,000 | ₹11,10,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Issue Notes
Important takeaways before applying
Strengths
- Integrated operations combining raw cotton ginning and yarn spinning processes.
- Strategic manufacturing unit location in Kadi, Gujarat, within a cotton belt.
- Production capability covering yarn, bales, seeds, and yarn waste by-products.
- Operational reach catering to both domestic and international export buyers.
- Promoter team with domain experience in cotton processing and trading operations.
Risks
- Revenue is heavily dependent on raw cotton prices and seasonal agricultural supply availability.
- A significant portion of total business transactions and revenue is tied to related party entities.
- Concentrated revenue dependency on a small number of key major customers.
- Operating manufacturing facilities are entirely situated on leased premises from promoters.
- Exposure to foreign exchange rate volatility on export revenue realisations.
Analysis
Vivekanand Cotspin IPO Details
The Vivekanand Cotspin IPO is a book build issue proposed to be listed on the BSE SME platform. The issue comprises a fresh issue of approximately ₹24.05 Crores, with the IPO scheduled to open on September 21, 2026 and close on September 23, 2026.
| Particular | Details |
|---|---|
| IPO Open Date | September 21, 2026 |
| IPO Close Date | September 23, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹32 to ₹37 Per Share |
| Issue Size | Approx ₹24.05 Crores |
| Fresh Issue | Approx ₹24.05 Crores |
| Issue Type | Book build Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Note: The IPO details are based on the supplied Vivekanand Cotspin IPO information and may be subject to updates announced by the company or exchange.
Analysis
Vivekanand Cotspin IPO Reservation
The Vivekanand Cotspin IPO reservation details show the proposed allocation of shares among anchor investors, qualified institutional buyers, non-institutional investors, and retail investors. The category-wise allocation is provided below.
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| Anchor Investor | 17,10,000 Shares | 28.50% |
| QIB (Ex. Anchor) | 11,40,000 Shares | 19.00% |
| NII Shares Offered | 8,55,000 Shares | 14.25% |
| Retail Shares Offered | 19,95,000 Shares | 33.25% |
Note: The reservation figures are based on the supplied Vivekanand Cotspin IPO information.
Analysis
Vivekanand Cotspin IPO Anchor Investors
Vivekanand Cotspin's anchor investor details provide information about the anchor bidding date, shares reserved for anchor investors, the proposed anchor issue size, and the applicable lock-in period. The available details are listed below.
| Particular | Details |
|---|---|
| Anchor Bidding Date | September 18, 2026 |
| Shares Offered | 17,10,000 Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date 50% Shares (90 Days) | 2026 |
Note: The anchor investor information is based on the supplied Vivekanand Cotspin IPO data.
Analysis
Vivekanand Cotspin IPO Dates
The Vivekanand Cotspin IPO is scheduled to open on September 21, 2026 and close on September 23, 2026. The IPO allotment is expected to be finalized on September 24, followed by refunds and demat credit on September 25. The shares are scheduled to list on September 28, 2026.
| Particular | Details |
|---|---|
| IPO Open Date | September 21, 2026 |
| IPO Close Date | September 23, 2026 |
| Basis of Allotment | September 24, 2026 |
| Refunds | September 25, 2026 |
| Credit to Demat Account | September 25, 2026 |
| IPO Listing Date | September 28, 2026 |
Note: IPO dates are based on the supplied Vivekanand Cotspin IPO schedule and may be subject to changes announced by the company or exchange.
Analysis
Vivekanand Cotspin IPO Promoters and Holding Pattern
The promoters of Vivekanand Cotspin are Nirav Bharatbhai Patel, Jasmin Vishnubhai Patel, Bharatbhai Prahaladbhai Patel, Vishnubhai Prahaladdas Patel, Gautam Bharatkumar Patel, B P Patel Family Trust and V P Patel Family Trust. The following table shows the promoter and promoter group shareholding before and after the IPO.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 1,62,50,000 | 100% | 16,250,000 | 71.43% |
| Others* | – | -% | 6,500,000 | 28.57% |
| Total | 1,62,50,000 | 100% | 22,750,000 | 100% |
Note: The holding pattern is based on the supplied Vivekanand Cotspin IPO shareholding data.
Analysis
Vivekanand Cotspin IPO Objects of the Issue & Utilisation of Proceeds
The proceeds from the Vivekanand Cotspin IPO are proposed to support the company's expansion and operational requirements. The funds will be utilised towards additional plant and machinery as well as meeting the company's working capital needs.
| Purpose | Crores |
|---|---|
| Funding for capital expenditure requirement towards installation of additional plant and machinery | ₹5.27 |
| To meet Working Capital requirements | ₹11.00 |
| General Corporate Purpose | ₹- |
Note: The utilisation figures are based on the supplied Vivekanand Cotspin IPO information.
Analysis
Vivekanand Cotspin About IPO
Incorporated in July 2015, Vivekanand Cotspin Limited is engaged in cotton processing and yarn manufacturing through cotton ginning, spinning, and trading activities.
The company produces a range of products, including cotton bales, cotton seeds, and various types of yarn. Vivekanand Cotspin operates primarily in two segments: cotton ginning and cotton spinning. The company specialises in converting clean cotton fibres into quality yarn for domestic and international markets.
Its product portfolio includes carded and combed cotton yarn, which is supplied to industries involved in fabric manufacturing. With modern spinning facilities and efficient machinery, the company focuses on maintaining quality standards while serving both Indian and export markets.
Analysis
Vivekanand Cotspin IPO Company Financial Report
The Vivekanand Cotspin financial report presents the company's revenue, expenses, profit after tax (PAT), and total assets for the reported financial years. All figures in the table are stated in ₹ Crores.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹358.02 | ₹352.77 | ₹3.35 | ₹84.83 |
| 2025 | ₹290.94 | ₹287.55 | ₹4.07 | ₹87.53 |
| 2026 | ₹409.32 | ₹404.19 | ₹3.69 | ₹84.85 |
Note: All financial figures are based on the supplied Vivekanand Cotspin IPO data and are stated in ₹ Crores.
Analysis
Vivekanand Cotspin IPO Valuation – FY2026
The Vivekanand Cotspin IPO valuation highlights key FY2026 financial indicators, including profitability, capital efficiency, earnings per share, valuation multiple, return on net worth, and net asset value. These metrics provide a snapshot of the company's financial position for the IPO period.
| KPI | Values |
|---|---|
| ROE | 15.96% |
| ROCE | 13.14% |
| EBITDA Margin | 3.70% |
| PAT Margin | 0.90% |
| Debt to equity ratio | 1.56 |
| Earning Per Share (EPS) | ₹2.45 (Basic) |
| Price/Earning P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 15.96% |
| Net Asset Value (NAV) | ₹17.81 |
Note: The valuation figures are based on the supplied Vivekanand Cotspin IPO FY2026 data.
Analysis
Vivekanand Cotspin IPO Peer Group Comparison
The peer group comparison presents selected financial and valuation indicators of companies comparable to Vivekanand Cotspin. The table includes EPS, P/E ratio, return on net worth, net asset value, and income for the listed peer companies.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Deepak Spinners Limited | 5.06 | 22.11 | 1.60% | 319.10 | 534.16 Cr. |
| Lagnam Spintex Limited | 8.14 | 9.52 | 11.23% | 76.60 | 604.98 Cr. |
Note: Peer group figures are based on the supplied Vivekanand Cotspin IPO comparison data.
Analysis
Vivekanand Cotspin IPO Lead Managers aka Merchant Bankers
- Swastika Investmart Ltd.
FAQ
Vivekanand Cotspin IPO FAQs
Vivekanand Cotspin IPO price band is Rs 32.00 to Rs 37.00. Check the latest issue price, lot size and GMP together before applying.
Vivekanand Cotspin IPO open date is 21 Sept 2026, close date is 23 Sept 2026, and listing date is 28 Sept 2026.
Vivekanand Cotspin IPO lot size is 3,000 shares. The minimum retail investment is Rs 2,22,000.
Vivekanand Cotspin is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Vivekanand Cotspin IPO subscription status currently shows Subscription data is currently awaited.
Vivekanand Cotspin Limited operates in the cotton processing and yarn manufacturing industry, focusing on the ginning of raw cotton (kapas) into cotton bales and cotton seed, alongside the spinning of cotton bales into cotton yarn. Additionally, the company engages in trading cotton bales and cotton yarn to service customer requirements and optimize business opportunities. It generates revenue primarily from selling manufactured and traded cotton yarn, cotton bales, cotton seed, and cotton yarn waste. The business operates through its manufacturing facility located in Kadi, Gujarat. To support its production activities, the facility maintains an annual installed spinning capacity of 25,536 spindles, capable of spinning 4,551 metric tons of cotton yarn per year. The company services domestic customers across regional textile hubs and caters to international markets through export sales.
Vivekanand Cotspin IPO issue size is 22.20 and the expected allotment date is 24 Sept 2026.
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