Vivekanand Cotspin Limited
ClosedSMETextiles · BSE
Vivekanand Cotspin Limited, originally formed as Vivekanand Cotspin LLP in July 2015, was converted into a private limited company in August 2024 and later became a public limited company in December 2024. The Company is engaged in cotton ginning, spinning and trading, with key products including cotton bales, cotton seeds and cotton yarn. Its operations involve processing raw cotton into clean fibres and spinning them into carded and combed cotton yarn for domestic and international markets. The Company operates spinning mills equipped with efficient machinery and quality-control systems to maintain consistent product quality. Its manufacturing facility is located at Rangpurda, Kadi, Mahesana District, Gujarat, close to major cotton-growing regions of Maharashtra and Saurashtra, providing convenient access to raw cotton. Vivekanand Cotspin has an annual production capacity of approximately 4,550 tonnes of cotton yarn and 8,000 tonnes of cotton bales and focuses on supplying quality cotton products to customers in India and overseas.
Price Band
₹32 – ₹37
Issue Size
₹600.00 L Cr
Lot Size
3000 shares
GMP
—
Est. Listing
₹37
at current GMP
Subscribed
1.79x
overall
Open
21 Sep 2026
Close
23 Sep 2026
Allotment
24 Sep 2026
Refund
25 Sep 2026
Demat Credit
26 Sep 2026
Listing
28 Sep 2026
Last updated 3 days ago
Overall Subscription
1.79x
Total Demand
QIB Multiplier
1.25x
Institutions & Funds
NII / HNI
2.41x
High Net-Worth
Retail (RII)
1.83x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,149,000 | 1,440,000 | 1.25x |
| NIB | 855,000 | 2,064,000 | 2.41x |
| HNIs(10L +) | 570,000 | 1,704,000 | 2.99x |
| HNIs (2-10L) | 285,000 | 360,000 | 1.26x |
| RETAIL | 1,995,000 | 3,648,000 | 1.83x |
| Total | 4,854,000 | 9,216,000 | 1.79x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 333 | 608 | 1.83x |
| HNIs(10L +) | 63 | 52 | 0.83x |
| HNIs (2-10L) | 32 | 31 | 0.97x |
| Total Applications | 428 | 691 | 1.61x |
Day-Wise Subscription Progress
About Vivekanand Cotspin Limited Public Issue & Market Profile
Vivekanand Cotspin Limited is bringing an initial public offering (IPO) in the Textiles sector with an aggregate issue size of ₹60,00,000 Crores. The shares are offered at a price band of ₹32 to ₹37 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,11,000 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 Schedule:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-09-26, while un-allotted funds or UPI block mandates will be released on 2026-09-25.
Frequently Asked Questions
What is the issue size and price band for Vivekanand Cotspin Limited IPO?
The Vivekanand Cotspin Limited IPO aggregate issue size is ₹60,00,000 Crores with an equity price band set at ₹32 to ₹37 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,11,000.
How can I check Vivekanand Cotspin Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Vivekanand Cotspin Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2026-09-24.