Home/IPO/Vivekanand Cotspin
SMEClosed

Vivekanand Cotspin IPO

Incorporated in July 2015, Vivekanand Cotspin Limited is engaged in cotton processing and yarn manufacturing through cotton ginning, spinning, and trading activities.

IPO GMP

₹0

+0% expected gain

Price Band

₹32 - ₹37

Lot Size

6000 shares

Min Investment

₹2,22,000

Listing Date

September 28, 2026

About Vivekanand Cotspin

Company overview, business, and key facts.

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.

Founded

2015

Headquarters

Mahesana, Gujarat

IPO Details

Issue TypeBook build Issue
Face Value₹10
Price Band₹32 - ₹37
Lot Size6000 shares
Total Issue Size₹24.05 Cr
Fresh Issue₹24.05 Cr
Offer for Sale—
Listing AtBSE SME

Subscription Status

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

Qualified Institutional (QIB)1.26x
Non-Institutional (NII)2.05x
Retail Individual (RII)1.81x
Total Subscription1.73x

Financials

Restated summary financials for the most recent periods.

PeriodRevenueProfitAssets
2024₹358.02₹3.35₹84.83
2025₹290.94₹4.07₹87.53
2026₹409.32₹3.69₹84.85

Figures are indicative and restated for presentation.

Vivekanand Cotspin 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

₹84.2 Cr

Post-IPO shares × upper price band

P/E on 2026 profit

22.8x

Peer median 15.8x (premium of 44.3%)

Price to sales

0.21x

Revenue growth, 2026

+40.7%

6.9% a year over the period

Profit growth, 2026

-9.3%

5% a year over the period

Profit margin (PAT)

0.9%

EBITDA margin 3.7%

ROE / ROCE

15.96% / 13.14%

As published in the offer document

Debt to equity

1.56

Promoter holding

100% → 71.43%

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

₹0

6000 shares on ₹2,22,000. GMP is unofficial.

Watch-outs

  • Thin profit margin: PAT margin was 0.9% in 2026.
  • Leverage: debt to equity is 1.56.
  • Profit fell 9.3% in 2026.
  • Priced at a 44.3% premium to the peer median P/E of 15.8.
  • 1 use-of-proceeds item(s) have no disclosed amount.
Listing price scenarios
If the current GMP holds₹37.000%

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 Vivekanand Cotspin's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

Vivekanand Cotspin IPO Review

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

Vivekanand Cotspin IPO is currently showing a neutral GMP of ₹0, suggesting the market is cautious about listing gains.

The IPO has been subscribed 1.73x overall — QIB: 1.26x, NII: 2.05x, Retail: 1.81x.

Vivekanand Cotspin IPO subscription has closed. The shares are expected to list on September 28, 2026.

The minimum investment required is ₹2,22,000 for 6000 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

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

Vivekanand Cotspin IPO — Frequently Asked Questions

What is Vivekanand Cotspin IPO GMP today?

Vivekanand Cotspin IPO GMP (grey market premium) today is ₹0, suggesting an estimated listing gain of +0%. GMP is indicative and subject to change.

What is the price band of Vivekanand Cotspin IPO?

The price band for Vivekanand Cotspin IPO is ₹32 - ₹37 with a lot size of 6000 shares. The minimum investment required is ₹2,22,000.

When is Vivekanand Cotspin IPO allotment date?

Vivekanand Cotspin IPO allotment is expected to be finalised on September 24, 2026. You can check your allotment status on the registrar's website (MUFG Intime India Pvt. Ltd.) using your PAN number.

When will Vivekanand Cotspin IPO list on NSE/BSE?

Vivekanand Cotspin IPO is expected to list on BSE SME on September 28, 2026.

How to check Vivekanand Cotspin IPO allotment status?

To check Vivekanand Cotspin IPO allotment status, visit the registrar's website (MUFG Intime India Pvt. 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 Vivekanand Cotspin IPO?

Vivekanand Cotspin IPO has a GMP of ₹0. 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 Vivekanand Cotspin IPO?

The lot size for Vivekanand Cotspin IPO is 6000 shares per lot. The minimum investment for retail investors is ₹2,22,000. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

Related IPOs