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Vivekanand Cotspin IPO Listing Price, Gain & Allotment
Listed
SME IPO
BSE SME
Listed 28 Sep 2026
· updated 1 month ago
Price band
₹32 – 37
GMP
—
Est. listing price—
Est. listing gain—
Issue size₹22.2 Cr
Vivekanand Cotspin IPO Details
Open DateMon, 21 Sep 2026
Close DateWed, 23 Sep 2026
Listing DateMon, 28 Sep 2026
Listing AtBSE SME
Price Band₹32 – 37 per share
Lot Size3,000 shares
Min. Investment₹2,22,000
Issue Size₹22.2 Cr
Vivekanand Cotspin IPO Dates & Timeline
Tentative dates follow SEBI's T+3 listing timelineIPO Opens
Mon, 21 Sep
IPO Closes
Wed, 23 Sep
Basis of Allotment
Thu, 24 Sep
Tentative
Refunds Initiated
Fri, 25 Sep
Tentative
Shares Credited to Demat
Fri, 25 Sep
Tentative
Listing Date
Mon, 28 Sep
Vivekanand Cotspin IPO GMP Today
All IPO GMP
GMP today
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Est. listing price
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Est. gain %
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Est. profit / lot
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GMP for this IPO is not available yet. It usually appears a few days before the issue opens.
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Final visitor sentiment
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Vivekanand Cotspin IPO Listing Price & Gain
Issue price₹37
Listing price (BSE)₹38
Listing gain+2.70%
Listing-day close₹39.9 (+7.8%)
Vivekanand Cotspin IPO Allotment Status
The registrar for this IPO is MUFG Intime (Link Intime). You can also check on the exchange websites using your PAN or application number.
New to this? Read how to check IPO allotment status or see all IPOs awaiting allotment.
Vivekanand Cotspin IPO Lot Size & Minimum Investment
At upper price band of ₹37| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 6,000 | ₹2,22,000 |
| Retail (Max) | 2 | 6,000 | ₹2,22,000 |
| S-HNI (Min) | 3 | 9,000 | ₹3,33,000 |
| S-HNI (Max) | 9 | 27,000 | ₹9,99,000 |
| B-HNI (Min) | 10 | 30,000 | ₹11,10,000 |
Vivekanand Cotspin IPO analysis: what the numbers say
The ₹22.2 Cr issue is entirely a fresh issue, so all the money goes to the company. At the upper price band the issue values the company at a post-issue P/E of 22.8.
Revenue rose from ₹358.02 Cr in FY24 to ₹409.32 Cr in FY26, a compound annual growth of 6.9%. Profit after tax grew from ₹3.35 Cr to ₹3.69 Cr. That is a net profit margin of 0.9% in FY26. Borrowings were 1.55 times net worth at the end of FY26.
Vivekanand Cotspin listed at ₹38 on 28 Sep 2026, +2.7% against the issue price of ₹37. It closed the first day at ₹39.9 (+7.8%).
Worked out by IPO Darbaar from the offer document, exchange data and the latest GMP. For information only, not a recommendation.
Vivekanand Cotspin IPO Issue Structure
Fresh issue ₹21 Cr (100%)
Offer for sale — (0%)
Face value₹10 / share
Market cap (post issue)—
Promoter holding (pre)100%
Promoter holding (post)—
- Promoters
- Nirav Bharatbhai Patel, Jasmin Vishnubhai Patel, Bharatbhai Prahaladbhai Patel, Vishnubhai Prahaladdas Patel, Gautam Bharatkumar Patel, B P Patel Family Trust, V P Patel Family Trust
- Book running lead managers
- Swastika Investmart Ltd.
Objects of the Vivekanand Cotspin IPO
- Funding for capital expenditure requirements towards installation of additional plant and machinery. ~ Rs. 5.27 Cr.
- To meet Working Capital requirements. ~ Rs. 11 Cr.
- General Corporate Purposes.
Vivekanand Cotspin IPO Strengths & Risks
Strengths
- Establishing the Spinning Unit has achieved forward integration into the cotton textile industry.
- Cost-effective production and timely fulfilment of orders.
- Scalable model to optimize production, strengthen supplier relationships, and achieve economies of scale.
- Emphasizing high-quality yarn is crucial for attracting and retaining customers in the competitive textile industry.
Risks
- Despite higher revenues, Profit After Tax (PAT) dropped from ₹4.94 crores (1.70% margin) in FY2025 to ₹3.68 crores (0.90% margin) in FY2026.
- The business relies heavily on raw cotton, making profit margins vulnerable to monsoon outcomes and fluctuating cotton prices.
- Total debt stood at ₹44.98 crores with a debt-to-equity ratio of 1.55x for FY2026, creating higher financial leverage risk.
Vivekanand Cotspin Financials
Restated, ₹ crore
FY24
FY25
FY26
Revenue Profit after tax
| Period ended | FY2431 Mar 2024 | FY2531 Mar 2025 | FY2631 Mar 2026 |
|---|---|---|---|
| Revenue | 358.02 | 290.94 | 409.32 |
| Profit after tax | 3.35 | 4.07 | 3.69 |
| Net worth | 20.62 | 17.26 | 28.94 |
| Total assets | 84.83 | 87.53 | 84.85 |
| Total borrowings | 40.02 | 54.76 | 45 |
| PAT margin | 0.94% | 1.4% | 0.9% |
Vivekanand Cotspin Key Performance Indicators (KPIs)
P/E (pre issue)16.3x
P/E (post issue)22.84x
EPS₹2.27
ROE15.96%
ROCE13.14%
RoNW15.96%
Debt / Equity1.56
About Vivekanand Cotspin IPO
Vivekanand Cotspin is an SME IPO worth ₹22.2 crore with a price band of ₹32 – 37 per share. The issue opens on 21 September 2026 and closes on 23 September 2026. Shares are expected to list on 28 September 2026 on BSE SME.
Vivekanand Cotspin IPO under the SME IPO category is a book build issue of Rs. 22.20 Cr by Vivekanand Cotspin Limited, which uses ginning, spinning, and trading to process cotton and create yarn.
Yarn, seeds, and cotton bales are among the company's offerings. Cotton spinning and ginning are the company's two main business operations. The company specializes in spinning yarn from pure cotton fibers.
Offering carded and combed solutions for both domestic and foreign markets, the company specializes in cotton yarn. Vivekanand Cotspin serves a variety of companies that require premium yarn for manufacturing textiles and exporting them outside of India. To maintain quality control, it runs spinning mills with effective machinery.
Vivekanand Cotspin IPO: FAQs
What was the listing price of Vivekanand Cotspin IPO?
Vivekanand Cotspin listed at ₹38 on 28 Sep 2026, +2.7% against the issue price of ₹37. It closed the first day at ₹39.9 (+7.8%).
What is the price band of Vivekanand Cotspin IPO?
The Vivekanand Cotspin IPO price band is ₹32 – 37 per share and the issue size is ₹22.2 crore.
What is the lot size and minimum investment for Vivekanand Cotspin IPO?
One lot of Vivekanand Cotspin IPO has 3,000 shares. The minimum application for retail investors is 2 lots (6,000 shares), which costs ₹2,22,000 at the upper price band.
When does Vivekanand Cotspin IPO open and close?
Vivekanand Cotspin IPO opens for subscription on Monday, 21 September 2026 and closes on Wednesday, 23 September 2026. Bids are accepted until 5 PM on the closing day.
What is the Vivekanand Cotspin IPO allotment date?
The basis of allotment for Vivekanand Cotspin IPO is expected to have been finalised on Thursday, 24 September 2026, one working day after the issue closes (SEBI T+3 timeline).
How to check Vivekanand Cotspin IPO allotment status?
Visit the website of the registrar, MUFG Intime (Link Intime), select Vivekanand Cotspin IPO and search by PAN or application number. You can also check on the IPO allotment status page or on the BSE and NSE websites.
When is Vivekanand Cotspin IPO listing date?
Vivekanand Cotspin shares listed on BSE SME on Monday, 28 September 2026 at ₹38 per share.
Is Vivekanand Cotspin a mainboard or SME IPO?
Vivekanand Cotspin is an SME IPO, listing on the BSE SME platform. Individual investors must apply for at least two lots in SME IPOs.
Last updated 28 Sep 2026, 11:53 PM IST. GMP is unofficial and indicative; dates after the issue closes are tentative. Not investment advice.