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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Vivekanand Cotspin Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹37
Per ShareLot Size
3000 Shares
Minimum Investment
₹1,11,000
Issue Size
₹22.2 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.26%
QIB Quota
49.74%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
73.03%
Issue Type
Book Building - SME
ISIN
INE1JJP01018
Our company is engaged in the business of cotton processing and yarn manufacturing sector by way of Ginning of cotton and spinning of cotton yarn along with its trading. The products manufactured at our Company include Cotton bales, Cotton Seeds and Cotton Yarn. The company operates in two primary areas: cotton ginning and spinning. In the ginning process, it separates cotton fibers from seeds, which is the first step in preparing raw cotton for textile production. Following this, the company focuses on spinning, where the clean cotton fibers are turned into yarn. This yarn, produced in various counts and quality grades, is used by textile mills for weaving and knitting fabrics.
Our Company was originally formed and registered as a Limited Liability Partnership under the Limited Liability Partnership Act, 2008 ("LLP Act") in the name and style of "Vivekanand Cotspin LLP" (LLPIN: AAE-4147) and received a certificate of incorporation from the Registrar of Companies, Gujarat, Dadra and Nagar Havelli on July 21, 2015. Further, "Vivekanand Cotspin LLP" was thereafter converted from a Limited Liability Partnership to a Private Limited Company under part I Chapter XXI of Section 366 of Companies Act, 2013 with the name of "Vivekanand Cotspin Private Limited" and received a fresh certificate of incorporation from the Registrar of Companies, Central Registration Center on August 5, 2024. The Corporate Identification Number of our Company is U13111GJ2024PTC154066. Later, our Company was converted into Public Limited Company and consequently name of company was changed from "Vivekanand Cotspin Private Limited" to "Vivekanand Cotspin Limited" vide Special resolution passed by the Shareholders at the Extra Ordinary General Meeting held on December 02, 2024 and a fresh certificate of incorporation dated December 16, 2024 issued by the Registrar of Companies, Central Processing Centre.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public issue of 60,00,000 equity shares of face value of Rs. 10/- each of Vivekanand Cotspin Limited ("VCL" or "The Company") for cash at a price of Rs. 37 per equity share (including a share premium of Rs. 27 per equity share) ("Issue Price") aggregating to Rs. 22.2 Crores, of which 3,00,000 equity shares of face value of Rs. 10/- each at a price of Rs. 37 aggregating to Rs. 1.11 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion") and net issue to public of 57,00,000 equity shares of face value of Rs. 10/- each at a price of Rs. 37 aggregating to Rs. 21.09 Crores (hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute 26.97% and 25.62% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10/- each. Price Band: Rs. 37/- per equity share of face value Rs. 10/- each. The floor price is 3.70 times of the face value of the equity shares. Bids can be made for a minimum of 6,000 equity shares and in multiples of 3,000 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.