Vinod Texworld IPO- Company Analysis
Vinod Texworld IPO under the SME IPO category is a fixed-price issue of Rs. 42.83 Cr by Vinod Texworld Limited, which is in the production, processing, distribution, and exchange of textile goods, with an emphasis on printed and dyed textiles.
Cotton, polyester, and mixed fabrics are among the materials that the company produces and markets. Apart from production, the company also trades textile items, purchasing completed goods from other vendors and delivering them to clients. In order to improve capacity utilization and boost cash flows, the company also performs job work assignments involving the dyeing, printing, and finishing of fabrics supplied by customers.
Vinod Texworld takes a customer-centric approach, emphasizing innovation, R&D, technology advancement, ongoing development, and operational effectiveness.
Vinod Texworld IPO Details
The Vinod Texworld IPO date of opening is 09 Sep 2026; its initial public offering will end on 11 Sep, IPO allotment on Sep 15 and refund initiation on Sep 16, 2026.
The Rs. 42.83 crore new SME IPO comprises a wholly fresh issue of 0.45 crore shares.
The Vinod Texworld IPO listing date (expected) might be Thursday, Sep 17, 2026, and the listing on the NSE and SME.
The Vinod Texworld IPO price band is Rs. 94.
IPO Timetable (Tentative)
|
Events |
Date |
|
IPO Opening Date |
Sep 09, 2026 |
|
IPO Closing Date |
Sep 11, 2026 |
|
IPO Allotment Date |
Sep 15, 2026 |
|
Refund Initiation |
Sep 16, 2026 |
|
IPO Listing Date |
Sep 17, 2026 |
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Company Financials
(Amount in Cr)
|
Particulars |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Assets |
181.50 |
177.68 |
154.28 |
|
Total Income |
342.96 |
335.74 |
271.65 |
|
Profit After Tax |
10.41 |
9.23 |
5.49 |
|
EBITDA |
22.83 |
20.96 |
12.30 |
|
Net Worth |
42.81 |
32.40 |
23.16 |
|
Reserves and Surplus |
31.20 |
20.80 |
11.56 |
|
Total Borrowing |
70.48 |
66.28 |
47.01 |
Cash Flows
(Amount in Lac)
|
Net Cash Flow |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Net Cash Flow Operating Activities |
787.26 |
(1,196.93) |
(674.69) |
|
Net Cash Flow Investing Activities |
(605.00) |
(208.18) |
(585.79) |
|
Net Cash Flow Financing Activities |
(160.86) |
1,412.20 |
1,057.13 |
Revenue Bifurcation
(Rs. in Lac)
(Source: RHP)
The Objective of the Issue
The Company desires to use the Net Proceeds from the Issue to fulfill its following goals:
- Expansion of Existing Plant. ~ Rs. 6.39 Cr.
- Repayment of loan. ~ Rs. 7.15 Cr.
- To meet working capital requirements. ~ Rs. 20.35 Cr.
- Issue Expenses. ~ Rs. 2.97 Cr.
- General Corporate Purposes. ~ Rs. 5.97 Cr.
Listed Peers of Vinod Texworld Ltd.
|
Name of the Company |
Face Value (Rs.) |
EPS (Rs.) |
P/E Ratio (x) |
|
Jakharia Fabric Limited |
10 |
2.74 |
22.08 |
|
Borana Weaves Ltd |
10 |
24.35 |
12.61 |
Valuation
|
KPI |
Value (Mar 31, 2026) |
|
ROE |
24.31% |
|
ROCE |
31.80% |
|
Debt/Equity |
1.65 |
|
RoNW |
24.31% |
|
PAT Margin |
3.04% |
|
EBITDA Margin |
6.66% |
Evaluation of P/E Ratio
Considering the period ended in FY 2026 with an EPS of Rs. 8.97 from the last year, the resulting P/E ratio is 10.48x.
|
Valuation Metric |
Pre IPO |
Post IPO |
|
EPS (₹) |
8.97 |
6.44 |
|
P/E (x) |
10.48 |
14.6 |
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IPO's Strengths
- Customer-centric operations.
- Renewable energy initiatives.
- Quality control and assurance mechanisms.
- Resource optimization and cost management.
IPO's Weaknesses
- Heavy dependence on suppliers.
- High working capital requirement.
- Insufficient market reach
- Seasonal Labour Problem
Vinod Texworld IPO GMP (Grey Market Premium)
Vinod Texworld IPO GMP today is Rs. 1 as of 16 September 2026, while writing this information.
Vinod Texworld IPO Summary
|
IPO Opening & Closing Date |
09 Sep, 2026 to 11 Sep, 2026 |
|
Face Value |
Rs. 10 per Share |
|
Issue Price |
Rs. 94 per Share. |
|
Lot Size |
1200 Shares |
|
Issue Size |
45,56,600 Shares (Rs. 43 Cr) |
|
Offer for Sale |
- |
|
Fresh Issue |
43,28,400 Shares (Rs. 41 Cr) |
|
Market Makers |
2,28,000 Shares (Rs. 2 Cr) |
|
Issue Type |
Fixed Price Issue |
|
Registrar |
Kfin Technologies Ltd. |
IPO Lot Details
Retail investors can invest in a minimum and maximum of 2 Lots (2400 Shares) for Rs. 2,25,600, and in multiples thereof, while HNI investors can invest in a minimum of 3 Lots (3600 Shares) for Rs. 3,38,400.
|
Minimum Lot Investment (Retail) |
2 Lots |
|
Maximum Lot Investment (Retail) |
2 Lots |
|
HNI (Min) |
3 Lots |
Vinod Texworld IPO Allotment Status
To check the Vinod Texworld IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.
Using BSE Website - BSE IPO allotment status
Promoters And Management of Vinod Texworld Ltd.
- Harsh Vinod Mittal
- Yash Vinod Mittal
- Sweta Yash Mittal
|
Pre-Issue Promoter Shareholding |
93.1% |
|
Post-Issue Promoter Shareholding |
66.85% |
IPO Lead Managers
- Novus Capital Advisors Pvt. Ltd.
Dividend Policy
The company has not paid a dividend during the last three FYs.
Conclusion
Vinod Texworld has shown steady revenue growth, improving profitability, and a strong presence in the textile manufacturing segment. However, low profit margins, high debt levels, and working capital requirements remain key concerns.
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Finowings IPO Analysis
Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
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