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IPO Open

Wed, Sep 9, 2026

IPO Close

Fri, Sep 11, 2026

Price Band

₹94 per share

Market Cap*

₹151.88 Cr * on Offer Price

IPO Details

  • IPO Date
    9 to 11 Sep, 2026
  • Listing Date
    Thu, Sep 17, 2026
  • Face Value
    ₹10 per share
  • Issue Price
    ₹94 per share
  • Lot Size
    1,200 Shares
  • Sale Type
    Fresh capital only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    NSE SME
  • Total Issue Size
    45,56,400 shares (agg. up to ₹43 Cr)
  • Reserved for Market Maker
    2,28,000 shares (agg. up to ₹2 Cr) Giriraj Stock Broking Pvt.Ltd.
  • Fresh Issue(Ex Market Maker)
    43,28,400 shares (agg. up to ₹41 Cr)
  • Net Offered to Public
    43,28,400 shares (agg. up to ₹41 Cr)
  • Share Holding Pre Issue
    1,16,01,200 shares
  • Share Holding Post Issue
    1,61,57,600 shares

  • IPO Open
    Wed, Sep 9, 2026
  • Allotment
    Tue, Sep 15, 2026
  • Credit of Shares
    Wed, Sep 16, 2026
  • IPO Close
    Fri, Sep 11, 2026
  • Refund
    Wed, Sep 16, 2026
  • Listing
    Thu, Sep 17, 2026

Issue Reservation

Vinod Texworld IPO comprises a total issue size of 45,56,400 shares. The net offer to the public is 43,28,400 shares, after excluding 2,28,000 shares allotted on a firm basis. Of the Net offer 21,64,800 (50.01%) allocated to NII 21,63,600 (49.99%) allocated to RII.

Investor Category Shares % of Net Issue % of Total Issue
NII (HNI) 21,64,800 50.01% 47.51%
Retail 21,63,600 49.99% 47.48%
Firm Reservations
Market Maker 2,28,000 5.00%
Total 45,56,400 100.00% 100.00%

IPO Lot Size

Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.

Application Lots Shares Amount
Individual investors (IND) (Min) 2 2,400 ₹2,25,600
Individual investors (IND) (Max) 2 2,400 ₹2,25,600
HNI (Min) 3 3,600 ₹3,38,400

About Vinod Texworld Ltd.

Incorporated in July 2012, Vinod Texworld Limited is engaged in the manufacturing, processing, supplying and trading of textile products, with a focus on dyed and printed fabrics.The Company manufactures and sells dyed and printed fabrics, including cotton, polyester and blended fabrics. Its manufacturing process covers the conversion of greige fabric into dyed and printed fabric, enabling the Company to maintain control over product quality and respond to changing customer requirements. In addition to manufacturing, the Company is also engaged in the trading of textile products, procuring finished goods from third-party suppliers and supplying them to customers. The Company also undertakes job work assignments involving dyeing, printing and finishing of fabrics supplied by customers, which supports capacity utilization and contributes to cash flows.

Vinod Texworld follows a customer-centric approach with a focus on innovation, research and development, technology upgradation, continuous improvement and operational efficiency. The Company has established quality control and assurance processes, including technical and manual testing of finished products and durability testing through its in-house laboratory. Its products are supplied to customers across various industries and are designed and developed based on customer specifications and requirements.

The Company has an established domestic customer base across several states, including Gujarat, Punjab, Haryana, Delhi, Rajasthan, Uttar Pradesh and West Bengal, among others. During Fiscal 2026, the Company also exported its products to Nepal. In FY2026, domestic customers contributed approximately 99.02% of revenue from operations, while export customers accounted for approximately 0.98%. The Company has also undertaken initiatives towards the adoption of renewable energy solutions, with the objective of improving energy efficiency and reducing its carbon footprint.

As of July 31, 2026, the Company had 92 employees on its payroll, with no employees engaged on a contract basis. Its workforce is deployed across finance and accounts, production, printing, dispatch, quality and laboratory, sales and marketing, maintenance, stores, administration and other functions. In addition to its own employees, the Company’s operations also involve workers hired on a contract labour basis.

Competitive Strengths

  • Customer-centric operations.
  • Renewable energy initiatives.
  • Quality control and assurance mechanisms.
  • Resource optimization and cost management.
  • Process improvement and technology adoption.
  • Experienced management and operational team.
  • Established client relationships and customer retention.(Updated on Sep 7, 2026)

Company Financials (Restated)

Vinod Texworld Ltd.’s revenue increased by 2% and profit after tax (PAT) rose by 13% between the financial year ending with March 31, 2026 and March 31, 2025.  (Amount in ₹ Crore)

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 181.50 177.68 154.28
Total Income 342.96 335.74 271.65
Profit After Tax 10.41 9.23 5.49
EBITDA 22.83 20.96 12.30
NET Worth 42.81 32.40 23.16
Reserves and Surplus 31.20 20.80 11.56
Total Borrowing 70.48 66.28 47.01

Recently Listed IPOs in Garments & Apparels

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Madhur Knit Crafts Ltd. SME ₹53.27 Cr ₹100 12.15 ₹95.00 -5.00% ₹81.50
Shree Balaji (Mala) Textiles Ltd. SME ₹18.90 Cr ₹70 8.62 ₹126.35 +80.50% ₹59.74
Riyaasat Lifestyle Ltd. SME ₹30.20 Cr ₹106 17.2 ₹80.60 -23.96% ₹70.35

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Expansion of Existing Plant
    6.39
  • 2 Repayment of loan
    7.15
  • 3 To Meet Working Capital Requirement
    20.35
  • 4 General Corporate Purposes
    5.97
  • 5 Issue Expenses
    2.97
  • Total
    42.83

Key Performance Indicator (KPI)

KPI Mar 31, 2026 Mar 31, 2025
ROE 24.31% 28.50%
ROCE 31.80% 34.99%
Debt/Equity 1.65 2.05
RoNW 24.31% 28.50%
PAT Margin 3.04% 2.75%
EBITDA Margin 6.66% 6.25%
NAV 36.90 27.93
Price to Book Value 2.55 3.37

 

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 8.97 6.44
P/E (x) 10.48 14.6
Market Cap at Offer Price ₹109Cr. ₹151.88 Cr
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 93.1% 66.85%
Public 6.90% 33.15%
Total 100% 100%

Company Promoters: Harsh Vinod Mittal, Yash Vinod Mittal and Sweta Yash Mittal.

IPO Timetable (Tentative)

    IPO Expenses

  • # Issue Expenses
    Est Amt (₹ Cr.)
  • 1 Lead Manger Fees
    0.50
  • 2 Underwriting Commission
    2.14
  • 3 Fees Payable to Registrar to the Issue
    0.01
  • 4 Fees Payable for Advertising and Publishing Expenses
    0.04
  • 5 Fees Payable to Regulators including Stock Exchanges
    0.06
  • 6 Payment for Printing & Stationery, Postage, etc
    0.02
  • 7 Fees Payable to Auditor, Legal Advisors, Monitoring Agency and other Professionals
    0.16
  • 8 Market Maker
    0.04
  • 9 Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees* and Miscellaneous Expenses
    0.00
  • Total
    2.97

IPO Registrar

Kfin Technologies Ltd.

IPO Lead Manager(s)

  1. Novus Capital Advisors Pvt.Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Vinod Texworld Ltd. Address
185/2,
Saijpur, Gopalpur, Opp. Shanti Process
Piplaj Pirana Road
Ahmedabad, Gujarat, 382405

IPO FAQs

Vinod Texworld IPO is a SME IPO of 45,56,400 equity shares of the face value of ₹10 aggregating up to ₹43 Crores. The issue is priced at ₹94 per share. The minimum order quantity is 1200.

The IPO opens on Wed, Sep 9, 2026, and closes on Fri, Sep 11, 2026.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Angel One customers can apply online in Vinod Texworld IPO using UPI as a payment gateway. Angel One customers can apply in Vinod Texworld IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Vinod Texworld IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Vinod Texworld IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Vinod Texworld IPO opens on Wed, Sep 9, 2026 and closes on Fri, Sep 11, 2026.

Vinod Texworld IPO lot size is 1200, and the minimum amount required for application is ₹2,25,600, with 2 lots being the minimum application size.

You can apply in Vinod Texworld IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Vinod Texworld IPO will be done on Tuesday, September 15, 2026, and the allotted shares will be credited to your demat account by Wed, Sep 16, 2026. Check the Vinod Texworld IPO allotment status.

The Vinod Texworld IPO listing date is not yet announced. The tentative date of listing is Thu, Sep 17, 2026.

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