Vinod Texworld IPO
Market Sentiment
The overall score is a weighted average of the parts below, so one weak part can sit inside a strong overall reading.
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| NII | 0.00x | 0.17x | 0.41x |
| Retail | 0.09x | 1.08x | 2.91x |
| Total | 0.04x | 0.60x | 1.66x |
Financial Analysis
Financial Data
Financial Performance
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 271.65 | 335.74 | 342.96 |
| Expense | 264.50 | 323.10 | 328.83 |
| Profit (PAT) | 5.49 | 9.23 | 10.41 |
| Total Assets | 154.28 | 177.68 | 181.50 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Vinod Texworld This IPO | 8.97 | 10.48 | 24.31 | 36.90 | - |
| Jakharia Fabric Limited | 2.74 | 22.08 | 13.10 | 20.91 | 64.20 Cr |
| Borana Weaves Ltd | 24.35 | 12.61 | 22.95 | 105.67 | 388.59 Cr |
Strengths & Risks
- Strong return on equity — 24%.
- Elevated leverage — debt/equity of 1.65.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
About Vinod Texworld
Since its incorporation in 2012, Vinod Textworld has been involved in manufacturing, processing, and supplying a diverse range of textile products for its domestic and international clients. The company’s main business is to dye and print greige fabric (undyed fabric) and sell it. The firm works across various fabrics, including Cotton fabrics, Polyester fabrics, and Blended fabrics. Vinod Textworld handles the entire production lifecycle, from buying Greige Fabric to the final production of dyed and printed fabrics. Its manufacturing facility is situated on around 5,949 square meters and can make up to 2.25 crore (22.5 million) meters of fabric every year. The firm has a presence across various states in India, including Gujarat, Punjab, Haryana, Delhi, Rajasthan, Uttar Pradesh, and West Bengal.
Company Contact Information
185/2, Saijpur, Gopalpur, Opp. Shanti Process Piplaj Pirana Road Ahmedabad Gujarat
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| Expansion of Existing Plant | - |
| Repayment of Loan | - |
| To meet Working Capital Requirement | - |
| General Corporate Purposes | - |
Resources & Documents
Vinod Texworld IPO - Quick Take
Vinod Texworld has fixed the issue price at Rs 94 per share for an issue size of Rs 43 crore. The stock listed flat against its issue price.
The issue is promoted by Harsh Vinod Mittal, Yash Vinod Mittal, Sweta Yash Mittal with Novus Capital Advisors Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards expansion of Existing Plant and repayment of Loan.
At the upper end of the price band, the issue is priced at a post-issue P/E of 10.48x. On fundamentals, the company is posting revenue growth of 2.2%, a profit margin of 3.0%, return on equity of 24.3% in its most recent reported period. Listed peers in this segment include Jakharia Fabric Limited (P/E 22.08x) and Borana Weaves Ltd (P/E 12.61x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
On our data-signal score, the combined signals for this issue currently read mixed — some indicators read positively and others do not. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
Vinod Texworld IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 1.1%. Of the 50 SME IPOs we have tracked with a final GMP under 10%, 19 listed above, 12 flat and 19 below the issue price; Vinod Texworld listed flat.
See the full Vinod Texworld GMP history and trend, or learn how grey market premium works and how reliable it is.
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