74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

NR Vandana Tex Industries Limited IPO Analysis

NR Vandana Tex Industries IPO is a Book Building listing on NSE EMERGE exchange, with an ipo size of ₹ 27.89 Cr. The company is based in Kolkata and caters to Textiles sector. Marwadi Chandarana Intermediaries Brokers is the merchant banker of NR Vandana Tex Industries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th December 2024.

NR Vandana Tex Industries IPO posted revenues of ₹ 270.80 crores and PAT of ₹ 8.59 crores in FY25 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 270.80 Cr.
            EBITDA: ₹ 19.28 Cr.
            PAT: ₹ 8.59 Cr.
  • EBITDA Margin: 7.12 %
            Pat Margin: 3.17 %
  • Net Worth: ₹ 37.03 Cr.
  • Market Capitalisation: ₹ 104.80 Cr.
  • P/E: 12.21 times
  • P/BV: 1.61 times
  • EV/EBITDA: 8.96 times
Nature of IPO : SME
Exchange : NSE EMERGE
IPO Type : Book Building

NR Vandana IPO Financial Performance (Restated)

Financial results of NR Vandana Tex Industries IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials Mar-25 FY24 FY23 FY22
Balance Sheet
Assets 202.94 183.54 167.95 127.46
Net Worth 37.03 25.15 17.26 15.46
Total Debt 69.03 68.97 65.08 40.93
Profit & Loss
Revenue
Revenue on annualised basis
270.80
270.80
220.10 195.24 177.17
EBITDA
EBITDA on annualised basis
19.28
19.28
13.85 9.76 7.75
PAT
PAT on annualised basis
8.59
8.59
4.29 1.79 1.81
Financials
31-Mar-25
FY24
FY23
FY22
Balance Sheet
Assets
202.94
183.54
167.95
127.46

Net Worth
37.03
25.15
17.26
15.46

Total Debt
69.03
68.97
65.08
40.93

Profit & Loss
Revenue
Revenue on annualised basis
270.80
270.80
220.10
195.24
177.17

EBITDA
EBITDA on annualised basis
19.28
19.28
13.85
9.76
7.75

PAT
PAT on annualised basis
8.59
8.59
4.29
1.79
1.81

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

NR Vandana IPO Key performance Indicators (KPI)

NR Vandana Tex Industries IPO PAT Margin is 3.17 % , ROCE (Return on Capital Employed) is 18.08 % as per latest financial. The below table shows NR Vandana Tex Industries IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars Mar-25 FY24 FY23 FY22
EBITDA Margin (%) 7.12 6.29 5.00 4.37
PAT Margin (%) 3.17 1.95 0.92 1.02
EPS (₹) 5.03 2.56 1.18 1.19
ROE (%) 23.20 17.06 10.37 11.71
ROCE (%) 18.08 13.82 11.22 12.22
ROA (%) 4.23 2.34 1.07 1.42
Debt to Equity 1.86 2.74 3.77 2.65
Particulars
31-Mar-25
FY24
FY23
FY22

EBITDA Margin (%)
7.12
6.29
5.00
4.37

PAT Margin (%)
3.17
1.95
0.92
1.02

EPS (₹)
5.03
2.56
1.18
1.19

ROE (%)
23.20
17.06
10.37
11.71

ROCE (%)
18.08
13.82
11.22
12.22

ROA (%)
4.23
2.34
1.07
1.42

Debt to Equity (x)  
1.86
2.74
3.77
2.65

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

NR Vandana Tex Industries IPO Valuation Metrics

The market Capitalisation of NR Vandana Tex Industries IPO is ₹ 104.80 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (₹ Cr.):
104.80

Enterprise Value (EV) (₹ Cr.):
172.67

EV/EBITDA (times) :
8.96

PE Multiple (times) :
12.21

P/B (times) :
1.61

NAV (₹) :
19.74

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in NR Vandana prospectus?

The NR Vandana Tex Industries IPO prospectus highlights an Return on Equity (ROE) of 15 %, Return on Assets (ROA) of 12 %, and an EBITDA Margin of 18 %, showcasing financial performance.

How do profitability ratios impact the evaluation of NR Vandana IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows NR Vandana Tex Industries IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for NR Vandana IPO ?

The post-IPO market capitalisation of NR Vandana Tex Industries IPO is ₹ 104.80 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of NR Vandana IPO?

The NR Vandana Tex Industries IPO has a Price-to-Earnings (PE) ratio of 12.21 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of NR Vandana Tex Industries IPO?

NR Vandana Tex Industries IPO reported revenue of ₹ 270.80 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from NR Vandana Tex Industries IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of NR Vandana Tex Industries IPO?

NR Vandana Tex Industries recorded an EBITDA of ₹ 19.28 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of NR Vandana Tex Industries IPO?

NR Vandana Tex Industries Profit After Tax (PAT) is ₹ 8.59 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 270.80 Cr.
            EBITDA: ₹ 19.28 Cr.
            PAT: ₹ 8.59 Cr.
  • EBITDA Margin: 7.12 %
            Pat Margin: 3.17 %
  • Net Worth: ₹ 37.03 Cr.
  • Market Capitalisation: ₹ 104.80 Cr.
  • P/E: 12.21 times
  • P/BV: 1.61 times
  • EV/EBITDA: 8.96 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Recent IPO List

Ganga Bath Fittings Limited

  Ceramic and Stone

  Rajkot


3B FILMS LIMITED

  Packaging & Disposables

  Vadodara


Neptune Petrochemicals Limited

  Chemical

  Ahmedabad


Nikita Papers Limited

  Paper and Stationery

  New Delhi


Astonea Labs Limited

  Pharmaceutical

  Chandigarh


Peer Companies Of This Sector

FAQs

NR Vandana Tex Industries operates in Textiles and Design, Manufacturing, And Wholesale Distribution Of Cotton Textile Products, Including Sarees, Salwar Suits, And Bed Sheets.. The Issue is listed on NSE EMERGE in Jun, 2025. NR Vandana Tex Industries IPO size was 27.89 with Issue price of 45.00 .

NR Vandana Tex Industries IPO subscription was 101.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

NR Vandana Tex Industries IPO listed at a listing price of 45.00 against the offer price of 45.00.

The current market price of NR Vandana Tex Industries is 42.00.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency