About Vivekanand Cotspin Ltd IPO
Vivekanand Cotspin IPO is a fresh issue of 65 lakh equity shares with a price band of ?32 to ?37 per share, aggregating up to ?24.05 crore at the upper price band. The company plans to list its shares on the BSE SME platform. Swastika Investmart Limited is the Book Running Lead Manager, while MUFG Intime India Private Limited is the registrar to the issue.
The company is promoted by Nirav Bharatbhai Patel, Jasmin Vishnubhai Patel, Bharatbhai Prahaladbhai Patel, Vishnubhai Prahaladdas Patel, Gautambhai Bharatkumar Patel, B P Patel Family Trust, Ranjanben Bharatbhai Patel and Kapilaben Vishnubhai Patel. The IPO proceeds are proposed to be used for purchasing additional plant and machinery, meeting working capital requirements and general corporate purposes.
About Vivekanand Cotspin Ltd.
Incorporated in July 2015, Vivekanand Cotspin Ltd. is engaged in cotton processing, ginning and spinning, along with the trading of cotton products. Its portfolio includes cotton bales, cotton seeds and yarn.
The Company operates across two key areas: cotton ginning and spinning. Its spinning operations involve converting cleaned cotton fibres into yarn, with carded and combed yarn supplied to both domestic and international markets. The yarn is used by various textile manufacturers for fabric production.
Vivekanand Cotspin operates spinning mills equipped with modern machinery and quality control processes to maintain consistent product standards. Its manufacturing facility is located in Rangpurda, Kadi, in Gujarat’s Mahesana district, close to major cotton-growing regions of Maharashtra and Saurashtra in Gujarat.
The Company has an annual production capacity of approximately 4,550 tons of cotton yarn and 8,000 tons of cotton bales. Its spinning unit has a capacity of 25,536 spindles.
As of May 30, 2026, the Company had 146 employees on its payroll.
Vivekanand Cotspin IPO is a fresh issue of 65 lakh equity shares with a price band of ?32 to ?37 per share, aggregating up to ?24.05 crore at the upper price band. The company plans to list its shares on the BSE SME platform. Swastika Investmart Limited is the Book Running Lead Manager, while MUFG Intime India Private Limited is the registrar to the issue. The company is promot
Vivekanand Cotspin IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 30,00,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 9,00,000 crores |
| Retail Individual Investors (RIIs) | 35% | 21,00,000 crores |
Vivekanand Cotspin IPO Strengths & Weaknesses
Forward integration through its spinning unit, strengthening its position in the cotton textile value chain.
Focus on cost-efficient production and timely order fulfilment.
Scalable operations that can support higher production and economies of scale.
Focus on yarn quality to build and retain customer relationships.
Experienced promoters with knowledge of the textile industry.
Vivekanand Cotspin IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 24 Sep '26 | 28 Sep '26 | 25 Sep '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 60,00,000 shares (aggregating up to ₹2,22,000 crores) |
| Fresh Issue | 6,20,000 shares (aggregating up to ₹62,00,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
Vivekanand Cotspin IPO Lot Size and Investment Details
| Minimum Lot Size | 3,000 shares |
| Maximum Lot Size (Retail) | 12,000 shares |
The lot size of Vivekanand Cotspin ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Vivekanand Cotspin IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Vivekanand Cotspin IPO Contact & Registrar Details
Contact Details
Address
S / No 181 / 1 182 / 1 At Rangpurda, Kadi Mahesana
Phone Number
Registrar Details
Registrar Name
MUFG Intime India Pvt.Ltd.
Phone Number
Vivekanand Cotspin Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Swastika Investmart Ltd |