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Price Band

₹37

Issue Size

₹22.2 Cr

Open

21 Sept 2026

Close

23 Sept 2026

Subscription

1.73×

IPO Schedule

Issue Open Date 21 Sept 2026
Issue Close Date 23 Sept 2026
Allotment Date 24 Sept 2026
Listing Date 27 Sept 2026

About Vivekanand Cotspin

Vivekanand Cotspin is engaged in cotton processing and yarn manufacturing. Its operations include ginning raw cotton (kapas) into cotton bales and cotton seeds and spinning cotton bales into cotton yarn. The company also trades in cotton bales and cotton yarn to meet customer requirements. Its product range includes cotton bales, cotton seeds, and cotton yarn, including carded and combed yarn in different counts and quality grades. The yarn is used by textile mills for weaving and knitting fabrics and is sold in domestic and international markets. The company operates a manufacturing facility and spinning mills at Rangpurda, Kadi, in the Mahesana district of Gujarat. The facility is located near cotton-growing areas of Maharashtra and the Saurashtra region of Gujarat. According to the prospectus, the company has an annual production capacity of approximately 4,551 MT of cotton yarn and 8,000 MT of cotton bales.

Company Details

Founders / Promoters

Mr Nirav Patel

Founded

2015

Registrar

MUFG Intime India Pvt Ltd

Documents

DRHP / RHP Document (PDF)

View official prospectus →

Investment Analysis

Vivekanand Cotspin — IPOFins Verdict

Quantitative

Driven by QIB demand at 1.3x and elevated disclosed risk (7/10), Vivekanand Cotspin listed at a premium of 2.7% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.

  • The company has integrated cotton ginning and spinning operations, with raw cotton processed into cotton bales and cotton seeds through ginning, while the ginned cotton is used as raw material for its
  • The company manufactures and sells cotton yarn in different counts and grades, including carded and combed yarn. Its product portfolio also includes cotton bales and cotton seeds, along with cotton ya
  • The company’s manufacturing facility is located near major cotton-growing regions. Its plant at Rangpurda, Kadi, in Mahesana district, Gujarat, is situated close to cotton-growing areas of Maharashtra
  • The company has an annual production capacity of approximately 4,551 MT of cotton yarn and 8,000 MT of cotton bales. Its manufacturing operations include spinning mills and machinery used for processi
  • The company has established relationships with raw material suppliers and primarily procures raw cotton from local areas for its ginning operations. It also uses the output of its ginning operations a
Score breakdown — what drove this verdict
Disclosed Risk 7/10

High risk from DRHP → score -0.8

QIB Demand 1.3×

Institutional subscription → score 0

Listing Performance +2.7%

Actual listing outcome → score +0.5

SME Liquidity Discount SME

SME IPOs have lower liquidity after listing → score −0.5

Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →

Risk: 7/10
Exercise Caution How we score

IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.

Listing Performance

Issue Price

₹37

Listing Price

₹38

Listing Gain/Loss

+2.70%

Listing Date

27 Sept 2026

Price Since Listing

Returns are measured against the ₹37 issue price.

Listing

₹38

+2.7%

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Trade Vivekanand Cotspin on the secondary market

FAQ

What is the price band of Vivekanand Cotspin IPO?

The price band is ₹37 per share with a lot size of 0 shares.

What does Vivekanand Cotspin do?

Vivekanand Cotspin is engaged in cotton processing and yarn manufacturing. Its operations include ginning raw cotton (kapas) into cotton bales and cotton seeds and spinning cotton bales into cotton yarn. The company also trades in cotton bales and cotton yarn to meet customer requirements. Its product range includes cotton bales, cotton seeds, and cotton yarn, including carded and combed yarn in different counts and quality grades. The yarn is used by textile mills for weaving and knitting fabrics and is sold in domestic and international markets. The company operates a manufacturing facility and spinning mills at Rangpurda, Kadi, in the Mahesana district of Gujarat. The facility is located near cotton-growing areas of Maharashtra and the Saurashtra region of Gujarat. According to the prospectus, the company has an annual production capacity of approximately 4,551 MT of cotton yarn and 8,000 MT of cotton bales.

Should I apply for Vivekanand Cotspin IPO?

Vivekanand Cotspin listed at ₹38 (+2.7% premium to the ₹37 issue price) after 1.7x subscription. IPOFins Score 4/10: Driven by QIB demand at 1.3x and elevated disclosed risk (7/10), Vivekanand Cotspin listed at a premium of 2.7% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.

Who founded Vivekanand Cotspin?

Vivekanand Cotspin was founded by Mr Nirav Patel in 2015.