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Vinod Texworld Ltd. IPO

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.

IPO GMP

+₹1

+1% expected gain

Price Band

₹94

Lot Size

2400 shares

Min Investment

₹2,25,600

Listing Date

September 17, 2026

About Vinod Texworld Ltd.

Company overview, business, and key facts.

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.

Founded

2012

Headquarters

Ahmedabad, Gujarat

Promoters

Harsh Vinod Mittal, Yash Vinod Mittal, Sweta Yash Mittal

Website

https://www.vinodtexworld.com/

IPO Details

Issue TypeFixed Price Issue
Face Value₹10
Price Band₹94
Lot Size2400 shares
Total Issue Size₹42.83 Cr
Fresh Issue₹42.83 Cr
Offer for Sale—
Listing AtNSE SME

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)—
Non-Institutional (NII)0.33x
Retail Individual (RII)2.57x
Total Subscription1.4x

Strengths & Risks

Strengths

  • Review:

Risks

    Financials

    Restated summary financials for the most recent periods.

    PeriodRevenueProfitAssets
    2024₹271.65₹5.49₹154.28
    2025₹335.74₹9.23₹177.68
    2026₹342.96₹10.41₹181.50

    Figures are indicative and restated for presentation.

    Vinod Texworld Ltd. IPO Key Numbers

    Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

    Market cap at upper band

    ₹151.9 Cr

    Post-IPO shares × upper price band

    P/E on 2026 profit

    14.6x

    Peer median 17.3x (discount of 15.6%)

    Price to sales

    0.44x

    Revenue growth, 2026

    +2.2%

    12.4% a year over the period

    Profit growth, 2026

    +12.8%

    37.7% a year over the period

    Profit margin (PAT)

    3%

    EBITDA margin 6.66%

    ROE / ROCE

    24.31% / 31.8%

    As published in the offer document

    Debt to equity

    1.65

    Promoter holding

    93.1% → 66.85%

    Before → after the IPO

    Issue mix

    100% fresh / 0% sale

    Fresh issue goes to the company, offer for sale to selling shareholders

    GMP-implied gain per lot

    ₹2,400

    2400 shares on ₹2,25,600. GMP is unofficial.

    What stands out

    • Priced at a 15.6% discount to the peer median P/E of 17.3.

    Watch-outs

    • Thin profit margin: PAT margin was 3% in 2026.
    • Leverage: debt to equity is 1.65.
    Listing price scenarios
    If the current GMP holds₹95.00+1.1%
    If the grey market premium disappears₹94.000%

    Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

    Not yet available for this IPO: published risk factors.

    IPO Analysis SummaryAI-generated

    A plain-language review of Vinod Texworld Ltd.'s financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

    Vinod Texworld Ltd. IPO Review

    Analysis based on live GMP, subscription, and issue details.

    As of today, Vinod Texworld Ltd. IPO is trading at a grey market premium (GMP) of +₹1 (+1% estimated listing gain), indicating positive market sentiment.

    The IPO has been subscribed 1.4x overall — QIB: —, NII: 0.33x, Retail: 2.57x.

    Vinod Texworld Ltd. IPO subscription has closed. The shares are expected to list on September 17, 2026.

    The minimum investment required is ₹2,25,600 for 2400 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

    Key strengths include: Review:.

    Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

    Vinod Texworld Ltd. IPO — Frequently Asked Questions

    What is Vinod Texworld Ltd. IPO GMP today?

    Vinod Texworld Ltd. IPO GMP (grey market premium) today is +₹1, suggesting an estimated listing gain of +1%. GMP is indicative and subject to change.

    What is the price band of Vinod Texworld Ltd. IPO?

    The price band for Vinod Texworld Ltd. IPO is ₹94 with a lot size of 2400 shares. The minimum investment required is ₹2,25,600.

    When is Vinod Texworld Ltd. IPO allotment date?

    Vinod Texworld Ltd. IPO allotment is expected to be finalised on September 15, 2026. You can check your allotment status on the registrar's website (Kfin Technologies Ltd.) using your PAN number.

    When will Vinod Texworld Ltd. IPO list on NSE/BSE?

    Vinod Texworld Ltd. IPO is expected to list on NSE SME on September 17, 2026.

    How to check Vinod Texworld Ltd. IPO allotment status?

    To check Vinod Texworld Ltd. IPO allotment status, visit the registrar's website (Kfin Technologies Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

    Should I apply for Vinod Texworld Ltd. IPO?

    Vinod Texworld Ltd. IPO has a GMP of +₹1. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.

    What is the lot size of Vinod Texworld Ltd. IPO?

    The lot size for Vinod Texworld Ltd. IPO is 2400 shares per lot. The minimum investment for retail investors is ₹2,25,600. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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