Vivekanand Cotspin

Vivekanand Cotspin

LISTED

IPO Date: 21 Sept - 23 Sept 2026

Listing Date: 28 Sept 2026

Price Range

Rs.35 - Rs.37

Issue Size

22 Cr

Min Investment

₹2,10,000

2 lots minimum (SEBI rule for SME)

Min Application

6000 Shares

3000 per lot × 2

View IPO Document

Schedule of Vivekanand Cotspin

  1. Issue open date

    21 Sept 2026

  2. Issue close date

    23 Sept 2026

  3. UPI mandate deadline

    23 Sept 2026 (5 PM)

  4. Allotment finalization

    24 Sept 2026

  5. Share credit

    25 Sept 2026

  6. Listing date

    28 Sept 2026

  7. Mandate end date

    8 Oct 2026

Issue size

Funds Raised in the IPOAmount
Overall22 Cr
Fresh Issue22.2 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date24 Sept 2026
Allotment Link{Link}

Grey Market Premium

New

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIPO PriceGMPEst. Listing Price
28 Sept 2026Latest₹37₹0₹37(0%)
27 Sept 2026₹37₹0₹37(0%)
26 Sept 2026₹37₹0₹37(0%)
25 Sept 2026₹37₹0₹37(0%)
24 Sept 2026₹37₹0₹37(0%)
23 Sept 2026₹37₹0₹37(0%)
22 Sept 2026₹37₹0₹37(0%)
21 Sept 2026₹37₹0₹37(0%)
20 Sept 2026₹37₹0₹37(0%)
19 Sept 2026₹37₹0₹37(0%)
18 Sept 2026₹37₹0₹37(0%)

Performance Vivekanand Cotspin

Issue PriceListing GainCurrent Market PriceP/L
Rs.35 - Rs.37₹ 38 (2.7%) ₹ 45.5323.05%

About Vivekanand Cotspin

Vivekanand Cotspin is engaged in cotton processing and yarn manufacturing. Its operations include ginning raw cotton (kapas) into cotton bales and cotton seeds and spinning cotton bales into cotton yarn. The company also trades in cotton bales and cotton yarn to meet customer requirements. Its product range includes cotton bales, cotton seeds, and cotton yarn, including carded and combed yarn in different counts and quality grades. The yarn is used by textile mills for weaving and knitting fabrics and is sold in domestic and international markets. The company operates a manufacturing facility and spinning mills at Rangpurda, Kadi, in the Mahesana district of Gujarat. The facility is located near cotton-growing areas of Maharashtra and the Saurashtra region of Gujarat. According to the prospectus, the company has an annual production capacity of approximately 4,551 MT of cotton yarn and 8,000 MT of cotton bales.

Founded in2015
Managing directorMr Nirav Patel
Parent organization

Financial Overview

Strengths

5
  1. 1

    Integrated operations combining raw cotton ginning and yarn spinning processes.

  2. 2

    Strategic manufacturing unit location in Kadi, Gujarat, within a cotton belt.

  3. 3

    Production capability covering yarn, bales, seeds, and yarn waste by-products.

  4. 4

    Operational reach catering to both domestic and international export buyers.

  5. 5

    Promoter team with domain experience in cotton processing and trading operations.

Risks

5
  1. 1

    Revenue is heavily dependent on raw cotton prices and seasonal agricultural supply availability.

  2. 2

    A significant portion of total business transactions and revenue is tied to related party entities.

  3. 3

    Concentrated revenue dependency on a small number of key major customers.

  4. 4

    Operating manufacturing facilities are entirely situated on leased premises from promoters.

  5. 5

    Exposure to foreign exchange rate volatility on export revenue realisations.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)N/A
Non-Institutional Investors (NIIs)0.19
Retail Individual Investors (RIIs)0.05
EmployeeN/A
Total0.07