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IPO Synopsis

N R Vandana Tex Industries Ltd
Initial public offer of 61,98,000^ equity shares of face value of Rs. 10/- each ("Equity Shares") of N R Vandana Tex Industries Limited ("the Company" or "the Issuer") at an issue price of
Rs. 45/- per equity share (including a share premium of Rs. 35/- per Equity Share) for cash, aggregating to Rs.27.89 crores ("Public Issue") out of which 3,12,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 45/- per equity share for cash, aggregating Rs. 1.40 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 58,86,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 45/- per equity share for cash, aggregating to Rs. 26.49 crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 26.61 % and 25.27 % respectively of the post- issue paid-up equity share capital of the company. 
The price band and the minimum bid lot will be decided by the company. 
^ Subject to basis of allotment.
Issue
Opens On Closes On
28-May-25 30-May-25
Money Payable On
Application Allotment
45.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 23.39 Marwadi Chandarana Intermediaries Brokers Pvt Ltd
Project Financed through Current Offer (.Cr) 27.89  
Post Issue Equity Share Capital (.Cr) 23.29
Issue Price () 45.00
Projects
Funding working capital requirements of the company
Prepayment/repayment of loan
General corporate purposes
Promoted By
Narain Prasad Lohia
Prabhu Lohia
Gyanesh Lohia
Listing At
NSE - SME
Registrar to the Issue
Cameo Corporate Services Ltd
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