Vinod Texworld IPO: Textile Manufacturer To Raise ₹42.83 Crore
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Vinod Texworld will raise ₹42.83 crore through an SME IPO at ₹94 per share, with the issue opening on 9 September. The company plans to use the proceeds for expansion, working capital and debt repayment.
Vinod Texworld is set to launch its ₹42.83-crore initial public offering (IPO) on 9 September, with subscription closing on 11 September. The company has fixed the issue price at ₹94 per share.
The IPO is entirely a fresh issue of 45.56 lakh equity shares. The shares are expected to list on the National Stock Exchange (NSE) SME platform, with 17 September 2026 set as the tentative listing date.
Novus Capital Advisors is the sole book-running lead manager for the issue.
How Will Vinod Texworld Use The IPO Money?
A large part of the Vinod Texworld IPO funds will go towards strengthening the company’s existing operations. Vinod Texworld plans to spend ₹6.39 crore on expanding its fabric processing and dyeing plant.
Another ₹20.35 crore has been set aside for working capital, while ₹7.15 crore will be used to repay outstanding borrowings. The remaining ₹5.97 crore is earmarked for general corporate purposes.
The company said the expansion and lower borrowings, supported by additional working capital, are expected to support its operations and growth plans.
How Has Vinod Texworld Performed Financially?
Vinod Texworld reported revenue from operations of ₹342.64 crore in FY26, compared with ₹271.49 crore in FY25. Profit after tax (PAT) also increased during the period, rising to ₹10.41 crore in FY26 from ₹5.49 crore in FY25.
The Ahmedabad-based company was incorporated in 2012 and manufactures, processes and supplies dyed and printed fabrics. It also trades in textile products, including cotton, polyester and blended fabrics, with a presence across several states.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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