Price Band
₹42 - ₹45
Lot Size
3000
Issue Size
₹27.89 Cr
GMP
N/A
Subscription
101.00x
Analyzing...
IPO Schedule
1
Open
28 May 2025
2
Close
30 May 2025
3
Allotment
-
4
Listing
4 Jun 2025
About N R Vandana Tex Industries
N R Vandana Tex Industries is an SME engaged in the textile industry, primarily focused on manufacturing and processing textile products. The company caters to a specific niche within the textile market, supplying processed fabrics to garment manufacturers and other related industries.
Key Strengths
- Attractive Valuation: The IPO is offered at a P/E ratio of 8.95, indicating a potentially undervalued offering compared to industry peers.
- Healthy Return on Equity (ROE): An ROE of 17.54% demonstrates the company's ability to generate profits from shareholder equity, suggesting efficient capital utilization.
- Established presence in the textile processing sector
- Growth Potential: The textile industry in India is experiencing growth, offering N R Vandana Tex Industries opportunities to expand its market share and revenue.
- SME Focus: As an SME, the company may benefit from specific government schemes and support programs designed to promote small and medium-sized enterprises.
Risk Factors
- •SME Risk: As an SME, the company may face challenges related to limited access to funding, resources, and skilled labor compared to larger organizations.
- •Industry Cyclicality: The textile industry is subject to cyclical fluctuations in demand and prices, which could impact the company's profitability.
- •Raw Material Price Volatility: Fluctuations in raw material prices (e.g., cotton, dyes, chemicals) can affect the company's margins and profitability.
Valuation Analysis
The IPO appears reasonably valued considering the P/E ratio and ROE, suggesting potential upside for investors; however, SME risks and industry cyclicality should be carefully considered.
IPO Details
ExchangeNSE
SegmentSME
ISININE104101014
NSE SymbolNRVANDANA
Face Value₹10
Lot Size3000
Issue Size₹27.89 Cr
Key Metrics
ROE17.54%
ROCE13.82%
P/E Ratio8.95
Industry P/E20
EPS5.03
PAT Margin1.95%
Debt/Equity2.43
Growth & Quality
ProfitableYes ✓
Subscription
Total1.47x
Documents
RHP not available
Key Dates
Open Date28 May 2025
Close Date30 May 2025
Listing4 Jun 2025