Vivekanand Cotspin IPO
Market Sentiment
IPO Details
Day-wise Subscription (times subscribed)
| Category | Day 1 | Day 2 | Final |
|---|---|---|---|
| QIB | 0.00x | 0.00x | 1.26x |
| NII | 0.26x | 0.70x | 2.76x |
| bNII > ₹10L | 0.31x | 0.88x | 3.52x |
| sNII 2-10L | 0.18x | 0.33x | 1.26x |
| Retail | 0.05x | 0.20x | 1.83x |
| Total | 0.08x | 0.25x | 1.87x |
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
Financial Performance
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 358.02 | 290.94 | 409.32 |
| Expense | 352.77 | 287.55 | 404.19 |
| Profit (PAT) | 3.35 | 4.07 | 3.69 |
| Total Assets | 84.83 | 87.53 | 84.85 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Vivekanand Cotspin This IPO | 2.45 | - | 15.96 | 17.81 | - |
| Deepak Spinners Limited | 5.06 | 22.11 | 1.60 | 319.10 | 534.16 Cr |
| Lagnam Spintex Limited | 8.14 | 9.52 | 11.23 | 76.60 | 604.98 Cr |
Strengths & Risks
- Revenue grew 41% in the latest reported year.
- Strong return on equity — 16%.
- Thin profit margin — 0.9%.
- Elevated leverage — debt/equity of 1.56.
- 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 Vivekanand Cotspin
Incorporated in July 2015, Vivekanand Cotspin Limited is engaged in cotton processing and yarn manufacturing through cotton ginning, spinning, and trading activities. The company produces a range of products, including cotton bales, cotton seeds, and various types of yarn. Vivekanand Cotspin operates primarily in two segments: cotton ginning and cotton spinning. The company specialises in converting clean cotton fibres into quality yarn for domestic and international markets. Its product portfolio includes carded and combed cotton yarn, which is supplied to industries involved in fabric manufacturing. With modern spinning facilities and efficient machinery, the company focuses on maintaining quality standards while serving both Indian and export markets.
Company Contact Information
S/No 181/1, 182/1 At Rangpurda, Kadi Mahesana Gujarat
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| Funding for capital expenditure requirement towards installation of additional plant and machinery | 5.27 |
| To meet Working Capital requirements | 11.00 |
| General Corporate Purpose | - |
Resources & Documents
Anchor Investors
Vivekanand Cotspin IPO - Quick Take
Vivekanand Cotspin has set a price band of Rs 32–Rs 37 per share for an issue size of Rs 24 crore. The stock listed with a 2.70% gain versus its issue price on September 28, 2026.
The issue is promoted by Nirav Bharatbhai Patel, Jasmin Vishnubhai Patel, Bharatbhai Prahaladbhai Patel, Vishnubhai Prahaladdas Patel, Gautam Bharatkumar Patel, B P Patel Family Trust, V P Patel Family Trust with Swastika Investmart Ltd. acting as lead manager. Net proceeds will primarily be used towards funding for capital expenditure requirement towards installation of additional plant and machinery (Rs 5 crore) and to meet Working Capital requirements (Rs 11 crore).
On fundamentals, the company is posting revenue growth of 40.7%, a profit margin of 0.9%, return on equity of 16.0% in its most recent reported period. Listed peers in this segment include Deepak Spinners Limited (P/E 22.11x) and Lagnam Spintex Limited (P/E 9.52x) — 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 weak — several key indicators are reading below average. 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
Vivekanand Cotspin IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. No grey market premium was recorded for Vivekanand Cotspin before it listed.
See the full Vivekanand Cotspin GMP history and trend, or learn how grey market premium works and how reliable it is.
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