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Vivekanand Cotspin IPO: GMP, subscription and allotment status
This IPO has left the live dashboard. The figures below are as recorded on 30 Sept 2026.
₹0grey-market premium
- Listed at
- ₹38
- +2.7% on issue price
- Est. listing
- ₹37
- 0.0% on issue price
- Price band
- ₹32–37
- Lot
- 3,000 shares
- Min. ₹1,11,000
Allotment
Allotment is published. Check every saved PAN in one go.
Dates
21 → 23 Sept · allot 24 · list 28Refunds and shares in your demat account on 25 Sept.
Subscription by category
Subscription figures here come from NSE's bid data, and this issue bids on BSE SME, so there are none on this page.
See this IPO on IPOWatchGMP day by day
The last GMP before listing was ₹0 on 27 Sept, pointing to a listing around ₹37. It listed at ₹38, ₹1 above that estimate.
- 28 Sept 2026
- GMP ₹0
- Est. listing ₹37 0.0%
- 27 Sept 2026
- GMP ₹0
- Est. listing ₹37 0.0%
- 26 Sept 2026
- GMP ₹0
- Est. listing ₹37 0.0%
- 25 Sept 2026
- GMP ₹0
- Est. listing ₹37 0.0%
- 24 Sept 2026
- GMP ₹0
- Est. listing ₹37 0.0%
Recorded once a day from IPOWatch's GMP table. GMP is unofficial and doesn't guarantee a listing price.
Issue details
- Segment
- SME
- Face value
- ₹10
- Issue type
- Book build Issue
- Fresh issue
- ₹24.05 Crores
- Listing at
- BSE SME
- Registrar
- MUFG Intime
- NSE symbol
- —
GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from
What you can apply for
- Retail Minimum
- 2 lots, 6,000 shares
- 6,000
- ₹2,22,000
- Retail Maximum
- 2 lots, 6,000 shares
- 6,000
- ₹2,22,000
- S-HNI Minimum
- 3 lots, 9,000 shares
- 9,000
- ₹3,33,000
- S-HNI Maximum
- 9 lots, 27,000 shares
- 27,000
- ₹9,99,000
- B-HNI Minimum
- 10 lots, 30,000 shares
- 30,000
- ₹11,10,000
A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.
Where the money goes
- Funding for capital expenditure requirement towards installation of additional plant and machinery
- ₹5.27 Cr
- To meet Working Capital requirements
- ₹11.00 Cr
- General Corporate Purpose
- —
What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.
Company numbers
₹409.32 Cr+40.7% on 2025
₹3.69 Cr−9.3% on 2025
₹84.85 Cr−3.1% on 2025
- 2026
- Revenue ₹409.32
- Profit ₹3.69
- Assets ₹84.85
- 2025
- Revenue ₹290.94
- Profit ₹4.07
- Assets ₹87.53
- 2024
- Revenue ₹358.02
- Profit ₹3.35
- Assets ₹84.83
In ₹ crore, for the years the offer document reports.
- ROE
- 15.96%
- ROCE
- 13.14%
- EBITDA Margin
- 3.70%
- PAT Margin
- 0.90%
- Debt to equity ratio
- 1.56
- Earning Per Share (EPS)
- ₹2.45 (Basic)
- Return on Net Worth (RoNW)
- 15.96%
- Net Asset Value (NAV)
- ₹17.81
Listed peers
- Deepak Spinners Limited
- P/E 22.11
- EPS 5.06
- Return on net worth 1.60%
- Lagnam Spintex Limited
- P/E 9.52
- EPS 8.14
- Return on net worth 11.23%
Price to earnings, earnings per share and return on net worth, as the offer document reports them.
Who the issue is reserved for
- Anchor
- 28.50%
- QIB
- 19.00%
- NII
- 14.25%
- Retail
- 33.25%
Share of the issue set aside for each kind of investor.
Promoters and bankers
- Promoters
- Nirav Bharatbhai Patel, Jasmin Vishnubhai Patel, Bharatbhai Prahaladbhai Patel, Vishnubhai Prahaladdas Patel, Gautam Bharatkumar Patel, B P Patel Family Trust and V P Patel Family Trust
- Promoter holding
- 100% before the IPO, 71.43% after
- Lead managers
- Swastika Investmart Ltd.
Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.
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Frequently asked questions
- What is the GMP of Vivekanand Cotspin IPO today?
- The grey-market premium is ₹0, which points to a listing around ₹37 (0.0% on the issue price). GMP is unofficial and doesn't guarantee a listing price.
- When does Vivekanand Cotspin IPO open and close?
- Bidding ran from 21 September 2026 to 23 September 2026.
- What is the Vivekanand Cotspin IPO allotment date?
- Allotment is out. You can check it by PAN now.
- When will Vivekanand Cotspin IPO list?
- It listed on 28 September 2026.
- How did Vivekanand Cotspin IPO list against its GMP?
- The last grey-market premium before listing was ₹0 on 27 September 2026, pointing to a listing around ₹37. It listed at ₹38, ₹1 above that estimate.
- What is the lot size and minimum investment for Vivekanand Cotspin IPO?
- One lot is 3,000 shares, so the minimum investment at the upper price of ₹37 is ₹1,11,000.
- How do I check Vivekanand Cotspin IPO allotment status?
- MUFG Intime has published the allotment. Use Check allotment on this page to check every PAN in your family in one go.