Vivekanand Cotspin Limited
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The investment community is evaluating the IPO prospectus of Vivekanand Cotspin Limited's, which outlines a total fundraising target of 60,00,000 Shares. This includes 60,00,000 Shares in new equity capital.
Investors can participate within the price bracket of ₹32 to ₹37, with applications starting from 3000 shares. The offering's structure reflects careful consideration of market appetite and valuation metrics.
The bidding process opens on Sep 21, 2026 and concludes on Sep 23, 2026. Allotment finalization is scheduled for Sep 24, 2026, leading to the stock's debut on the trading screens of BSE on Sep 28, 2026.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Vivekanand Cotspin Limited, originally formed as Vivekanand Cotspin LLP in July 2015, was converted into a private limited company in August 2024 and later became a public limited company in December 2024. The Company is engaged in cotton ginning, spinning and trading, with key products including cotton bales, cotton seeds and cotton yarn. Its operations involve processing raw cotton into clean fibres and spinning them into carded and combed cotton yarn for domestic and international markets. The Company operates spinning mills equipped with efficient machinery and quality-control systems to maintain consistent product quality. Its manufacturing facility is located at Rangpurda, Kadi, Mahesana District, Gujarat, close to major cotton-growing regions of Maharashtra and Saurashtra, providing convenient access to raw cotton. Vivekanand Cotspin has an annual production capacity of approximately 4,550 tonnes of cotton yarn and 8,000 tonnes of cotton bales and focuses on supplying quality cotton products to customers in India and overseas.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
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- Forward Integration: The company has an integrated process from cotton ginning to spinning, using cotton from its own ginning unit as raw material for yarn production. This helps improve control over the production process.
- Cost-Efficient Production & Timely Delivery: Strong supplier relationships, quality raw material sourcing, efficient production systems and stable labour relations help the company control costs and fulfil customer orders on time.
- Scalable Business Model: The company focuses on better capacity utilisation, strong supplier linkages and economies of scale. This helps ensure a steady supply of quality cotton, lower procurement costs and improved production efficiency.
- Related Party Transaction Risk: The company has significant sales and purchase transactions with related parties such as Ambica Cotseeds Limited, Vivekanand Industries and Avadh Cotton Industries. These transactions may create risks and affect the company’s competitive position.
- Dependence on Related Party Arrangements: Some related parties provide processing facilities, export support, specialised capabilities, customer relationships and market access. Any disruption or termination of these arrangements could negatively impact business and financial performance.
- Potential Conflict of Interest: Certain promoter group entities, including Avadh Cotton Industries, Vivekanand Industries, Ambica Cotseeds Limited and Ambica Cotseeds PTE Ltd, operate in similar areas such as cotton yarn and bale trading, ginning and cotton seed oil milling. This may create a possibility of direct or indirect competition with the company.
- Nirav Bharatbhai Patel
- Jasmin Vishnubhai Patel
- Bharatbhai Prahaladbhai Patel
- Vishnubhai Prahaladdas Patel
- Gautam Bharatkumar Patel
- B P Patel Family Trust
- V P Patel Family Trust
Vivekanand Cotspin Limited
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