
Textiles · 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
Designated Registrar: Link Intime India Private Limited
Allotment Date
24 Sep 2026
Basis finalization
Refunds Initiate
25 Sep 2026
Mandate release
Demat Credit
26 Sep 2026
Shares in demat
Listing Debut
28 Sep 2026
Trading begins
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.
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 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.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.