Vinod Texworld IPO
Day 1 of 3 of bidding · Sept 09, 2026
Vinod Texworld IPO is on Day 1 of 3 of its subscription window. The latest grey market premium is Rs 15 (16.0% over issue price), up Rs 3 from previous. Total subscription stands at 0.03x (Retail 0.05x). Bidding closes on Sept 11, 2026 (in 2 days).
Last updated:Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Return Estimator (GMP*)
Allotment Chances
Financial Analysis
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 200.73 | 271.65 | 335.56 |
| Expense | 199.81 | 264.57 | 323.19 |
| Profit (PAT) | 0.68 | 5.30 | 9.21 |
| Total Assets | 117.08 | 154.21 | 177.21 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Jakharia Fabric Limited | 8.06 | 13.32 | 14.78 | 54.52 | 62.72 Cr |
| Borana Weaves Ltd | 20.14 | 10.85 | 45.92 | 43.91 | 290.31 Cr |
Promoters: Harsh Vinod Mittal, Yash Vinod Mittal, Sweta Yash Mittal
Strengths & Risks
- Healthy grey-market premium — +16% over the issue price.
- Grey-market premium is trending up during the bidding window.
- Revenue grew 24% in the latest reported year.
- Thin profit margin — 2.7%.
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
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.
| Purpose | Amount (Cr) |
|---|---|
| Expansion of Existing Plant | - |
| Repayment of Loan | - |
| To meet Working Capital Requirement | - |
| General Corporate Purposes | - |
Resources & Documents
185/2, Saijpur, Gopalpur, Opp. Shanti Process Piplaj Pirana Road Ahmedabad Gujarat
Vinod Texworld has fixed the issue price at Rs 94 per share for an issue size of Rs 43 crore. The SME issue is currently open for subscription and closes in 2 days on September 11, 2026.
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 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.
Grey market is quoting a premium of +Rs 15 (+16.0% over issue price), up Rs 7 from the previous session. Live demand data shows overall subscription at 0.03x, retail at 0.05x.
On fundamentals, the company is posting revenue growth of 23.5%, a profit margin of 2.7% in its most recent reported period. Listed peers in this segment include Jakharia Fabric Limited (P/E 13.32x) and Borana Weaves Ltd (P/E 10.85x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Vinod Texworld IPO GMP — What It Means
The latest grey market premium for Vinod Texworld IPO is ₹15 (+16.0%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Vinod Texworld it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
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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