Archive · 4 Sep 2026
Vinod Texworld Sets ₹94 IPO Price for ₹42.83 Crore Issue
Vinod Texworld is a company that makes and processes fabrics.
It wants to raise money by selling new shares to the public.
Each share will cost ₹94.
People can apply for the shares from September 9 to September 11.
The company expects to raise ₹42.83 crore.
It plans to use some money to expand its dyeing and fabric-processing plant.
It will also repay loans and pay for day-to-day business needs.
The shares are expected to be listed on the NSE SME on September 17, 2026.
Vinod Texworld priced its ₹42.83-crore IPO at ₹94 per share.
The fresh issue comprises 45.56 lakh equity shares and will open September 9-11.
The company plans to list its shares on the NSE SME, tentatively on September 17, 2026.
Proceeds include ₹6.39 crore for plant expansion, ₹7.15 crore for debt repayment and ₹20.35 crore for working capital.
FY26 operating revenue reached ₹342.64 crore and profit after tax rose to ₹10.41 crore.
- Who
- Vinod Texworld, an Ahmedabad-based textile manufacturer, is conducting the IPO.
- What
- The company has fixed a ₹42.83-crore IPO price at ₹94 per share.
- When
- The IPO is scheduled to open on September 9 and close on September 11; tentative listing is September 17, 2026.
- Where
- The company is based in Ahmedabad and plans to list the shares on the NSE SME.
- Why
- The proceeds will fund plant expansion, working capital, debt repayment and general corporate purposes.
- IPO price
- ₹94 per share
- Issue size
- ₹42.83 crore
- Issue structure
- Fresh issue of 45.56 lakh equity shares
- Subscription period
- September 9 to September 11
- Planned listing
- NSE SME; tentative date September 17, 2026
- FY26 revenue
- ₹342.64 crore
- FY26 profit after tax
- ₹10.41 crore