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| Attention Investors |
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Your results on : IPO | IPO Synopsis |
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| N R Vandana Tex Industries Ltd |
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Registered Office:
220 Mahatma Gandhi Road,Barabazar
,
Kolkata
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700007
,
West Bengal
, India.
Phone :
+91 93312 81999 Fax:
Email : info@vandanafashion.com
Website : www.vandanafashion.com
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Initial public offer of 61,98,000^ equity shares of face value of  10/- each ("Equity Shares") of N R Vandana Tex Industries Limited ("the Company" or "the Issuer") at an issue price of
45/- per equity share (including a share premium of 35/- per Equity Share) for cash, aggregating to 27.89 crores ("Public Issue") out of which 3,12,000 equity shares of face value of 10/- each, at an issue price of 45/- per equity share for cash, aggregating 1.40 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 58,86,000 equity shares of face value of 10/- each, at an issue price of 45/- per equity share for cash, aggregating to 26.49 crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 26.61 % and 25.27 % respectively of the post- issue paid-up equity share capital of the company.
The price band and the minimum bid lot will be decided by the company.
^ Subject to basis of allotment. |
| Issue |
Money Payable On |
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| Opens On |
Closes On |
Application |
Allotment |
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| 28-May-25 |
30-May-25 |
Rs45.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :3000 Further Multiples of :3000 |
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RsCr |
Lead Managers to the Issue |
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| Project Cost |
23.39 |
| Marwadi Chandarana Intermediaries Brokers Pvt Ltd |
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| Project Financed through Current Offer |
27.89 |
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| Post Issue Equity Share Capital |
23.29 |
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| Issue Price |
Rs45.00 |
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| Projects |
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| Funding working capital requirements of the company | General corporate purposes |
| Prepayment/repayment of loan | |
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| Promoted By |
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| Narain Prasad Lohia |
| Prabhu Lohia |
| Gyanesh Lohia |
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| Registrar to the Issue |
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| Cameo Corporate Services Ltd |
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