← All IPOs

Vivekanand Cotspin Limited

SMElistedBSE SME
21 Sep 2026 – 23 Sep 2026
LISTED
Offer Price
₹35–37
Bid lot
3000
Min Application
₹2,22,000
Issue Size
₹22 Cr

Key dates

Open date
21 Sep 2026
Done
Close date
23 Sep 2026
Done
Basis of allotment
24 Sep 2026
Done
Initiation of refunds
24 Sep 2026
Done
Credit to demat
24 Sep 2026
Done
Listing date
28 Sep 2026
Done

Issue reservation

₹22 Cr
QIB 50%10%5%Retail 35%5%
QIB
30.0 L sh · ₹11.00 Cr
50%
HNI (10L+)
6.0 L sh · ₹2.20 Cr
10%
HNI (2-10L)
3.0 L sh · ₹1.10 Cr
5%
Retail
21.0 L sh · ₹7.70 Cr
35%
Market maker
3.0 L sh · ₹1.11 Cr
5%
BRLM: Swastika Investmart Limited

Lot ladder — how much to bid

1 lot = 3000 shares
Individual · up to ₹2 L2+ lots
Min · 2 lots
6,000 sh · ₹2,22,000
Entry point
₹2,22,000 onward
sHNI · ₹2 L to ₹10 L3+ lots
Min · 3 lots
9,000 sh · ₹3,33,000
Entry point
₹3,33,000 onward
bHNI · Above ₹10 L10+ lots
Min · 10 lots
30,000 sh · ₹11,10,000
Entry point
₹11,10,000 onward

Issue details

Lead managersSwastika Investmart Limited
Fresh issue60,00,000 sh · ₹22 Cr
Face value₹10
Listing onBSE SME
RegistrarMUFG Intime India Pvt.Ltd.
Grey-market sentiment
No grey-market data yet.
Financials

Particulars

FY26

FY25

FY24

Total Assets

84.85

87.53

84.83

Total Income

409.32

290.94

358.02

PAT

3.69

4.07

3.35

Net Worth

28.94

17.26

20.62

Reserves & Surplus

12.69

2.26

5.62

Total Borrowings

45

54.76

40.02

Objects of the issue
  • Plant & Machinery: ₹5.27 crore for capital expenditure.

  • Working Capital: ₹11.00 crore to meet operational requirements.

  • General Corporate Purposes: Remaining proceeds, subject to applicable regulatory limits.

About the company

Incorporated in July 2015, Vivekanand Cotspin Limited is engaged in cotton processing, ginning, spinning, and trading activities. The company’s product portfolio includes cotton bales, cotton seeds, and cotton yarn.

The company operates across two primary business segments: cotton ginning and yarn spinning. Its spinning operations involve converting cleaned cotton fibres into yarn, offering both carded and combed cotton yarn for domestic and international markets. The company caters to various textile manufacturers and fabric producers, focusing on product quality, efficient manufacturing processes, and quality control through modern spinning machinery. It also serves export markets beyond India.

Vivekanand Cotspin Limited’s manufacturing facility is located in Rangpurda, Kadi, in the Mehsana district of Gujarat. The facility benefits from its proximity to major cotton-growing regions, including Saurashtra in Gujarat and parts of Maharashtra. The company has an annual production capacity of approximately 4,550 metric tonnes of cotton yarn and 8,000 metric tonnes of cotton bales.

As of May 30, 2026, the company had 146 employees on its payroll.c

Company strengths

  • Forward Integration: Expansion into cotton yarn spinning.

  • Cost Efficiency: Economical production and timely delivery.

  • Scalability: Production optimization and economies of scale.

  • Quality Focus: High-quality yarn for customer retention.

  • Experienced Promoters: Expertise in the textile industry.

Promoters

Nirav Bharatbhai PatelJasmin Vishnubhai PatelBharatbhai Prahaladbhai PatelVishnubhai Prahaladdas PatelGautam Bharatkumar PatelB P Patel Family TrustV P Patel Family Trust.

Registered office & contact

Vivekanand Cotspin Limited.

Address - S/No 181/1, 182/1

At Rangpurda,

Kadi

Mahesana, Gujarat, 382715

📞 +91 9227825102

✉️ cs@vcottonexport.com

How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Vivekanand Cotspin Limited IPO?

One lot of 3000 shares — ₹2,22,000 at the upper price band of ₹37.

How many bids can I place?

Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.

When are the funds debited?

Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.

When will the shares list?

Tentative listing on 2026-09-28 on BSE SME.

₹35–37
Applications are closed.