IPO profile
Vivekanand Cotspin Limited
VIVEKANAND · BSE
- Price band
- ₹35 - ₹37
- Subscription
- Not available
Application & Issue Details
- Minimum Quantity
- 3000 shares
- Minimum Application
- ₹1,11,000
- Issue Size
- Rs. 22 Cr
- Face Value
- Not available
Company Overview
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.
Important Dates
- Open Date
- 21 Sept 2026
- Close Date
- 23 Sept 2026
- Allotment Date
- Not available
- Listing Date
- 28 Sept 2026
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Subscription
Subscription data not available yet.
Actual Listing Performance
- Listing Date
- 28 Sept 2026
- Actual Listing Price
- ₹38
- Gain/Loss Per Share
- +₹1
- Gain/Loss Per Lot
- +₹3,000
- Listing Gain/Loss %
- +2.70%
- Measured Against
- ₹37
- Lot Size
- 3000 shares
Historical result from the reported listing price, compared with the upper price band (final issue price not reported). Excludes brokerage, taxes and charges.
Company Strengths & Risks
Reported 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.
Key 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.
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 12:08 pm IST · listing price: NSE/BSE
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.