
Textiles & Apparel · NSE
Vaxtex Cotfab Limited, established in 2005 and based in Ahmedabad, Gujarat, is engaged in textile processing and fabric trading, with a primary focus on dyeing and finishing grey fabrics used for shirting, suiting, and related accessories. The company also undertakes outsourced processing work for other fabric and garment manufacturers. Its processing and packing facilities are located in Narol, Ahmedabad, with a monthly processing capacity of about 12,00,000 meters, handling fabrics made from natural and synthetic fibres such as 100% cotton, Giza and Supima cotton blends, polyester viscose, and polyester cotton. Vaxtex serves corporate clients and well-known brands for finished fabric requirements and maintains product quality through a dedicated in-house testing and quality control team.
Price Band
₹24
Issue Size
₹4.00 Cr
Lot Size
6000 shares
GMP
Est. Listing
₹24
at current GMP
Subscribed
—
Open
27 Dec 2019
Close
3 Jan 2020
Allotment
8 Jan 2020
Refund
9 Jan 2020
Demat Credit
10 Jan 2020
Listing
13 Jan 2020
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹24
Band: ₹24
Estimated Listing Price
₹24
Upper price + GMP
Lot Size
6000 shares
Min investment ₹1,44,000
Estimated Profit / Lot
₹0
6000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹24 |
| 30 Oct 2026 | — | 0.0% | ₹24 |
| 29 Oct 2026 | — | 0.0% | ₹24 |
GMP is unofficial market data. Not a guarantee of listing performance.
Vaxtex Cotfab Limited is bringing an initial public offering (IPO) in the Textiles & Apparel sector with an aggregate issue size of ₹4 Crores. The shares are offered at a price band of ₹24 to ₹24 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 6000 shares (approx. ₹1,44,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-01-10, while un-allotted funds or UPI block mandates will be released on 2020-01-09.
The latest grey market premium for Vaxtex Cotfab Limited IPO is ₹0, which indicates an expected listing price of ₹24.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.