N R Vandana Tex Industries Ltd
Registered Office:
220 Mahatma Gandhi Road,Barabazar,
Kolkata
-
700007,
Phone : +91 93312 81999
Fax : NA
Initial public offer of 61,98,000^ equity shares of face value of (Rs) 10/- each ("Equity Shares") of N R Vandana Tex Industries Limited ("the Company" or "the Issuer") at an issue price of
(Rs) 45/- per equity share (including a share premium of (Rs) 35/- per Equity Share) for cash, aggregating to (Rs)27.89 crores ("Public Issue") out of which 3,12,000 equity shares of face value of (Rs) 10/- each, at an issue price of (Rs) 45/- per equity share for cash, aggregating (Rs) 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 (Rs) 10/- each, at an issue price of (Rs) 45/- per equity share for cash, aggregating to (Rs) 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.
Opens On
Closes On
Application
Allotment
28-May-25
30-May-25
45.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
3000
Further Multiples of :
3000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
23.39
Marwadi Chandarana Intermediaries Brokers Pvt Ltd
Project Financed through Current Offer
27.89
Post Issue Equity Share Capital
23.29
Funding working capital requirements of the company
Prepayment/repayment of loan
General corporate purposes
Narain Prasad Lohia
Prabhu Lohia
Gyanesh Lohia