Vinod Texworld IPO
LISTEDSMEListing Performance
▲ 0.00%
Issue Price
₹94
Listing Price
₹94
Listed On
17 Sep 2026
- Price Band
- ₹94 – ₹94
- Lot Size
- 1,200
- Lot Value
- ₹1,12,800
- Open Date
- 09 Sep09 Sep 2026
- Close Date
- 11 Sep11 Sep 2026
- Min Investment
- ₹1,12,800
Vinod Texworld — Stock Performance
About Vinod Texworld
The company processes fabric and supplies to dealers and traders who distribute to customers, operating on a purchase order basis without long-term contracts.
Use of IPO Proceeds
Total allocation: ₹31.39 Cr (excludes issue expenses)
Promoters
Harsh Vinod Mittal
Whole Time Director · age 36
Over 14 years of demonstrated exemplary expertise and strategic leadership in the textile industry.
Post Graduate Diploma in Management - Business Entrepreneurship
Pre-issue: 36.32%
Yash Vinod Mittal
Managing Director · age 40
Over 14 years of demonstrated exemplary expertise and strategic leadership in the textile industry.
Higher Secondary (10+2)
Pre-issue: 37.86%
Sweta Yash Mittal
Non-Executive Director
Pre-issue: 2.54%
Investment Analysis
Quick Analysis: 6 strengths · 6 risk factors· Exchange: NSE SME
Strengths (6)
- •Established long-standing customer relationships supporting repeat business and stable revenue
- •Experienced management team with over a decade of relevant industry expertise
- •Multiple quality control mechanisms ensuring consistent product standards and performance
- •Structured sales and marketing strategy with commission-based agent network
- •Cost optimization through improved production methods and supply chain efficiencies
- •Renewable energy initiatives including solar power for sustainability and cost control
Risk Factors (6)
- •Top ten customers contribute major portion of revenue; loss of business from them would adversely affect revenues and profitability significantly.
- •Company extended corporate guarantee of ₹7,627 crore for promoter group loan, exceeding net worth of ₹3,198 crore materially.
- •Company has negative cash flows from operating and investing activities; sustained negative cash flow could adversely impact business.
- •No long-term contracts with customers; operate on purchase orders basis; inability to maintain order flow impacts revenues.
- •Single production unit in Ahmedabad, Gujarat; localized social unrest or natural disaster could disrupt operations significantly.
- •Significant revenue from domestic sales exposes company to Indian market risks and specific geographic vulnerabilities.
Investor Quota
Approx. shares reserved per category
Estimated from total issue size; actual reserved lots are set in the RHP.
Application Lot Sizes
Retail caps at ₹2,00,000 (1 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,200 | ₹1,12,800 |
| Retail (max) | 1 | 1,200 | ₹1,12,800 |
| S-HNI (min) | 2 | 2,400 | ₹2,25,600 |
| S-HNI (max) | 8 | 9,600 | ₹9,02,400 |
| B-HNI (min) | 9 | 10,800 | ₹10,15,200 |
Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | — | — | — |
| sNII (S-HNI) | — | — | — |
| bNII (B-HNI) | — | — | — |
| Retail | — | — | — |
| Total | — | — | — |
Colour: red <1x · amber 1–10x · green ≥10x oversubscribed.
Allotment Statistics
Allotment probability is estimated based on subscription data and is not guaranteed. Actual allotment depends on the registrar's process.
Basis of Allotment
Category-wise subscription & allotment ratio
Weigh your chances
IPO Timeline
Issue Opens
09 Sep 2026 · Wed
Issue Closes
11 Sep 2026 · Fri
Bidding Cut-off (UPI Mandate)
11 Sep 2026 · 5:00 PM IST
Allotment
15 Sep 2026 · Tue
Listing
17 Sep 2026 · Thu
Issue Opens
09 Sep 2026 · Wed
Issue Closes
11 Sep 2026 · Fri
Bidding Cut-off (UPI Mandate)
11 Sep 2026 · 5:00 PM IST
Allotment
15 Sep 2026 · Tue
Listing
17 Sep 2026 · Thu
IPO Details
| Registrar | KFin Technologies Limited |
| Exchange | NSE SME |
| ISIN | — |
| Face Value | ₹10 |
| Issue Size | ₹42.83 Cr |
| Fresh Issue | — |
| OFS Size | — |
| Lead Managers | FAST TRACK FINSEC PRIVATE LIMITED |
3-Year Financial Summary
Revenue trend
↑ FY23→FY25
| Fiscal Year | Revenue (₹Cr) | PAT (₹Cr) | EPS | P/E | ROE |
|---|---|---|---|---|---|
| FY25 | 335.37 | 9.21 | — | — | 22.83% |
| FY24 | 271.49 | 5.3 | — | — | — |
| FY23 | 200.67 | 0.68 | — | — | — |
Detailed Line Items (₹ Cr)
| Line Item | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Income | 200.73 | 271.65 | 335.56 |
| EBITDA | 4.8 | 12.29 | 20.99 |
From the company's offer document (DRHP/RHP); restated figures where available.
Valuation at Issue Price
Issue P/E
—
Price ÷ EPS
EPS (FY25)
—
Earnings per share
RoNW
22.83%
Return on net worth
ROCE
—
Not in abridged DRHP
EBITDA margin
6.3%
EBITDA ÷ revenue
Price/NAV
3.41x
Price ÷ NAV (as reported)
Check the valuation yourself
Company Fundamentals
11 sections extracted from this filingCapital Structure
| Authorised Capital | — |
| Issued Capital | ₹11.60 Cr |
| Paid-up Capital | ₹11.60 Cr |
| Equity Shares (Pre-Issue) | 1,16,01,200 |
| Equity Shares (Post-Issue) | — |
| Preference Shares | 0 |
| ESOP Outstanding | 0 |
Source: Vinod Texworld offer document (DRHP/RHP).
Shareholding Pattern
Pre-Issue
- Harsh Vinod Mittal(Promoter)—
- Yash Vinod Mittal(Promoter)—
- Vinod Mangalchand Mittal(Promoter)—
- Radha Vinodkumar Mittal(Promoter)—
- Poonam Harsh Mittal(Promoter)—
- Sweta Yash Mittal(Promoter)—
- Sureshbhai Sindhav(Promoter)—
- Mukeshbhai Sindhav(Promoter)—
- Khodabhai Bharwad(Promoter)—
- Kirit Singh Rana(Promoter)—
- Jasumati bharwad(Promoter)—
- Sidhrajbhai Sindhav(Promoter)—
- Tribute Trading & Finance Pvt Ltd(Promoter Group)—
- Flaxen Textiles Private Limited(Promoter Group)—
- Citadel Textiles Private Limited(Promoter Group)—
Post-Issue
Post-Issue not disclosed in this filing.Not separately disclosed in Vinod Texworld's filing.
Source: Vinod Texworld offer document (DRHP/RHP).
Reservations & OFS
Investor Reservation
- Retail+50.00%
OFS Selling Shareholders
No offer-for-sale component (or sellers not disclosed).
Source: Vinod Texworld offer document (DRHP/RHP).
Board & Management
Board of Directors (5)
- Mr. Yash Vinod Mittal
Managing Director
Higher Secondary (10+2)
14 years of demonstrated exemplary expertise and strategic leadership in the textile industry
- Mr. Harsh Vinod Mittal
Whole Time Director
Post Graduation Diploma in Management - Business Entrepreneurship
14 years of demonstrated exemplary expertise and strategic leadership in the textile industry
- Mrs. Sweta Yash Mittal
Non-Executive Director
Bachelor of Commerce
- Mr. Saket Jagdishchandra Agarwal
Independent Director
Bachelor of Commerce
19 years of experience in Ratnam Laminates Private Limited
- Ms. Nikita Sinha
Independent Director
Qualified Company Secretary
1.6 years of experience in the field of corporate secretarial and legal compliance
Key Managerial Personnel (4)
- Mr. Anchal Tulsyan
Chief Financial Officer
14 years of experience in Finance, Accounting, Auditing Taxation and Fundraising
- Ms. Foram Deep Parikh
Company Secretary and Compliance Officer
Professional degree from Institute of Company Secretaries of India
More than 2 years in Corporate Secretarial Laws and Governance in Vinod Texworld Limited
- Mr. Manish Om Prakash Sharma
Senior Management Personnel
8 years of working experience in Strategic Sourcing with Manufacturing Industry
- Mr. Mukesh Saini
Senior Management Personnel
7 years of experience in overseeing operations, managing supply chains, and driving business growth
Source: Vinod Texworld offer document (DRHP/RHP).
Industry & Market
Industry figures as stated in Vinod Texworld's offer document.
Peer Comparison
| Company | P/E | EPS | RoNW % | NAV |
|---|---|---|---|---|
| Vinod Texworld Limited | — | 7.94 | 28.79 | 27.57 |
Registrar (RTA)
SEBI-registered Registrar & Transfer Agent — handles allotment and refunds.
Registrar:KFin Technologies Limited→Lead Managers (BRLMs)
Click any merchant banker for their full IPO track record (positive listing rate, average gain, IPOs managed).
Documents
Frequently Asked Questions
When is the Vinod Texworld IPO opening?
The Vinod Texworld IPO opens on 09 Sep 2026 and closes on 11 Sep 2026. Check this page for the latest updates as we refresh every 30 minutes.
What is the price band of the Vinod Texworld IPO?
The price band for the Vinod Texworld IPO is ₹94 to ₹94. The final price is announced after the book-building process and is confirmed before listing.
What is the lot size and minimum investment for the Vinod Texworld IPO?
The minimum lot size is 1200 shares with a minimum investment of ₹1,12,800. Retail investors can apply for up to the retail limit defined by SEBI.
What is the GMP of Vinod Texworld IPO today?
The latest Grey Market Premium for Vinod Texworld is ₹1 (+1.06%). GMP is unofficial data and is not a guarantee of listing price.
When will the Vinod Texworld IPO list on NSE and BSE?
The Vinod Texworld IPO is expected to list on 17 Sep 2026 on NSE SME. Actual listing day trading begins at the start of the normal market session.
How can I check the Vinod Texworld IPO allotment status?
The registrar for this IPO is KFin Technologies Limited. You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.
Is the Vinod Texworld IPO a mainboard or SME issue?
Vinod Texworld is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.
How do I apply for the Vinod Texworld IPO?
You can apply for the Vinod Texworld IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA while the issue is open for bidding.
What is the GMP-implied price of Vinod Texworld IPO?
The GMP-implied price (unofficial, not a forecast) is ₹95: the upper price band of ₹94 plus the latest grey market premium of ₹1, as of 28 Sep 2026, 01:01 PM IST. GMP is unofficial grey market data, and the actual listing price can differ from it.
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