Incorporated in July 2015, Vivekanand Cotspin Limited processes cotton and manufactures yarn through ginning and spinning, including trading.
The company’s products include cotton bales, seeds, and yarn.
The company operates in two primary areas: cotton ginning and spinning.
The company focuses on spinning clean cotton fibres into yarn.
The company focuses on cotton yarn, offering carded and combed options for domestic and international markets. Vivekanand Cotspin caters to various industries needing high-quality yarn for fabric production and exporting beyond India. It operates spinning mills with efficient machinery to uphold quality control.
The company’s manufacturing facility is located in Rangpurda, Kadi, within the Mahesana District of Gujarat, close to the fertile cotton-growing regions of Maharashtra and Saurashtra in Gujarat. The company has established an annual production capacity of approximately 4,550 tons of cotton yarn and 8,000 tons of cotton bales.
As on May 30th, 2026, the Company has 146 employees on payroll.
Competitive Strength
Vivekanand Cotspin Ltd.’s revenue increased by 41% and profit after tax (PAT) dropped by 9% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 84.85 | 87.53 | 84.83 |
| Total Income | 409.32 | 290.94 | 358.02 |
| Profit After Tax | 3.69 | 4.07 | 3.35 |
| EBITDA | 15.09 | 14.59 | 14.59 |
| NET Worth | 28.94 | 17.26 | 20.62 |
| Reserves and Surplus | 12.69 | 2.26 | 5.62 |
| Total Borrowing | 45.00 | 54.76 | 40.02 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ashutosh Fibre Ltd. | SME | ₹56.35 Cr | ₹92 | 9.03 | ₹147.00 | +59.78% | ₹150.60 |
| Fascinate Textiles Ltd. | SME | ₹64.83 Cr | ₹151 | 10.33 | ₹114.80 | -23.97% | ₹48.00 |
| Shreedhar Spinners Ltd. | SME | ₹30.68 Cr | ₹53 | 13.44 | ₹57.10 | +7.74% | ₹146.10 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding for capital expenditure requirement towards installation of additional plant and machinery | 5.27 |
| 2 | To meet Working Capital requirements | 11.00 |
| 3 | General Corporate Purposes | |
| Total | 16.27 |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 15.96% |
| ROCE | 13.14% |
| Debt/Equity | 1.56 |
| RoNW | 15.96% |
| PAT Margin | 0.90% |
| EBITDA Margin | 3.70% |
| NAV | 17.81 |
| Price to Book Value | 2.08 |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 2.27 | 1.62 |
| P/E (x) | 16.3 | 22.84 |
| IPO Date | 21 to 23 Sep, 2026 |
| Listing Date | Mon, Sep 28, 2026T |
| Face Value | ₹10 per share |
| Price Band | ₹32 to ₹37 |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 60,00,000 shares (agg. up to ₹22 Cr) |
| Reserved for Market Maker |
3,00,000 shares
(agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 57,00,000 shares (agg. up to ₹21 Cr) |
| Net Offered to Public | 57,00,000 shares (agg. up to ₹21 Cr) |
| Share Holding Pre Issue | 1,62,50,000 shares |
| Share Holding Post Issue | 2,22,50,000 shares |
The promoters of the company are 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.
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue |
As per our analysis and Based on the information we have, this is the output.
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Last Updated on September 18, 2026 Vivekanand Cotspin Ltd. IPO Incorporated in July 2015, Vivekanand Cotspin Limited processes cotton and manufactures yarn through ginning and spinning, including trading. The company’s
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