Vivekanand Cotspin Ltd

VIVEKANAND Vivekanand Cotspin Ltd

BSE IPO

Bidding dates21 Sep 2026 - 23 Sep 2026

Price range₹35 - ₹37

Min. investment₹2,22,000

Issue size22.2 Cr

Lot size3000 Shares

IPO DocRHP

IPO Timeline

Start date

21 Sep 2026

End date

23 Sep 2026

Allotment date

24 Sep 2026

Refund initiation

25 Sep 2026

Share credit

25 Sep 2026

Deactivate mandate

28 Sep 2026

About company

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.

Founded in 2015

Managing director Nirav Bharatbhai Patel

Parent organisation Vivekanand Cotspin IPO

Invest in Vivekanand Cotspin Ltd now!

Strengths and Risks

Strengths

The company combines cotton ginning (converting raw kapas into cotton bales and seeds) with yarn spinning operations (producing combed compact and carded compact yarns). This structural integration helps capture multiple tiers of the cotton processing margin.

Operating primarily out of Gujarat—a major textile hub—the company features an established operational footprint with dedicated capacity for thousands of tonnes of cotton yarn and bales annually.

Revenues are backed by domestic supply to textile and fabric mills across multiple Indian states, alongside a growing international export presence reaching markets like Bangladesh, China, and Vietnam.

Risks

Despite strong revenue expansion (crossing ?400 crore), the company’s Profit After Tax (PAT) margins remain under 1% (roughly 0.90% to 1.4%). This leaves almost no cushion against sudden cost spikes or unfavorable realizations.

Financial disclosures highlight instances where top-line revenues grew significantly while bottom-line profitability contracted year-over-year due to fluctuating input costs and realization pressures.

Cotton is a highly seasonal and weather-dependent commodity. Price spikes or supply crunches during off-seasons directly elevate production expenses and block high amounts of capital in inventory.