Vinod Texworld Limited logo

IPO details · Updated

Vinod Texworld Limited

ClosedSMENSE: VINOD
Check Allotment
Price Band
₹94
Lot Size
1,200 shares
Min. Investment
₹1,12,800
Issue Size
₹42.84 Cr
Offer Dates
9 Sept – 11 Sept 2026
Listing
17 Sept 2026

Issue Details

Full details →
Total Issue Size
₹42.84 Cr
45,57,600 shares
Fresh Issue
₹42.84 Cr
45,57,600 shares
Offer for Sale
₹0 Cr
Face Value
₹10 per share
Issue Type
Book-built IPO
Listing At
NSE SME
Shares Pre-Issue
1,16,01,200
Shares Post-Issue
1,61,58,800

IPO Timeline

  1. Offer opens

    9 Sept 2026

  2. Offer closes

    11 Sept 2026

  3. Allotment

    15 Sept 2026

  4. Listing

    17 Sept 2026

Issue Allocation

Share of the offer reserved for each investor category

  • HNI47.5%21,63,600 shares
  • Retail47.5%21,64,800 shares
  • MarketMaker5.0%2,28,000 shares

Subscription Status

Times subscribed by investor category

CategoryOfferedBidsSubscribed
NII21,63,6006,49,080
0.30x
Retail21,64,80062,99,568
2.91x
Total43,28,40069,48,648
1.61x

Lot Size & Investment

1 lot = 1,200 shares

Retail (min)

2 lots · 2,400 shares

Retail (max)

2 lots · 2,400 shares

ApplicationLotsSharesAmount
Retail22,400₹2,25,600

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets181.5177.68154.28
Total Income342.96335.74271.65
Profit After Tax10.419.235.49
EBITDA22.8320.9612.3
Net Worth42.8132.423.16
Reserves & Surplus31.220.811.56
Total Borrowing70.4866.2847.01

Key Performance Indicators

Key performance indicators
PeriodMar-26Mar-25
ROE (%)24.3128.5
ROCE (%)31.834.99
EPS (₹)8.97
P/E (pre-issue)10.48
P/E (post-issue)14.6

Peer Comparison

Listed companies in the same business

CompanyP/EROE
Jakharia Fabric Limited22.0813.1%
Borana Weaves Ltd12.6122.95%

About Vinod Texworld Limited

Incorporated in July 2012, Vinod Texworld Limited is engaged in the manufacturing, processing, supplying and trading of textile products, with a focus on dyed and printed fabrics.The Company manufactures and sells dyed and printed fabrics, including cotton, polyester and blended fabrics. Its manufacturing process covers the conversion of greige fabric into dyed and printed fabric, enabling the Company to maintain control over product quality and respond to changing customer requirements. In addition to manufacturing, the Company is also engaged in the trading of textile products, procuring finished goods from third-party suppliers and supplying them to customers. The Company also undertakes job work assignments involving dyeing, printing and finishing of fabrics supplied by customers, which supports capacity utilization and contributes to cash flows. Vinod Texworld follows a customer-centric approach with a focus on innovation, research and development, technology upgradation, continuous improvement and operational efficiency. The Company has established quality control and assurance processes, including technical and manual testing of finished products and durability testing through its in-house laboratory. Its products are supplied to customers across various industries and are designed and developed based on customer specifications and requirements. The Company has an established domestic customer base across several states, including Gujarat, Punjab, Haryana, Delhi, Rajasthan, Uttar Pradesh and West Bengal, among others. During Fiscal 2026, the Company also exported its products to Nepal. In FY2026, domestic customers contributed approximately 99.02% of revenue from operations, while export customers accounted for approximately 0.98%. The Company has also undertaken initiatives towards the adoption of renewable energy solutions, with the objective of improving energy efficiency and reducing its carbon footprint. As of July 31, 2026, the Company had 92 employees on its payroll, with no employees engaged on a contract basis. Its workforce is deployed across finance and accounts, production, printing, dispatch, quality and laboratory, sales and marketing, maintenance, stores, administration and other functions. In addition to its own employees, the Company's operations also involve workers hired on a contract labour basis. Competitive Strengths Customer-centric operations. Renewable energy initiatives. Quality control and assurance mechanisms. Resource optimization and cost management. Process improvement and technology adoption. Experienced management and operational team. Established client relationships and customer retention. Timely order fulfilment and operational efficiency.

Objects of the Issue

  • Expansion of Existing Plant (₹6.39 Cr)
  • Repayment of loan (₹7.15 Cr)
  • To Meet Working Capital Requirement (₹20.35 Cr)
  • General Corporate Purposes (₹5.97 Cr)
  • Issue Expenses (₹2.97 Cr)

Promoters

  • <p>Harsh Vinod Mittal
  • Yash Vinod Mittal
  • Sweta Yash Mittal</p>

Company Information

Book running lead managers
  • Novus Capital Advisors Pvt.Ltd.
Registered office
185/2,, Saijpur, Gopalpur, Opp. Shanti Process, Piplaj Pirana Road, Ahmedabad, Gujarat, 382405
Market maker
Giriraj Stock Broking Pvt.Ltd.

Official Documents

Opens the source filing in a new tab

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.