Vinod Texworld Limited is engaged in the manufacturing, processing, supplying and trading of textile products for domestic and international markets. Its core operations include dyeing and printing of greige fabric.
The company’s product portfolio includes cotton, polyester and blended fabrics. It manages the processing cycle from greige fabric to finished dyed and printed fabrics. The company also trades textile products sourced from third-party suppliers, helping it offer a wider range of products to customers.
Vinod Texworld also undertakes job work for third parties, including dyeing, printing and finishing of customer-supplied fabrics.
The company has a domestic presence across states including Gujarat, Punjab, Haryana, Delhi, Rajasthan, Uttar Pradesh and West Bengal. It also exported products to Nepal during FY2026. Its manufacturing facility is situated on an owned land area of approximately 5,949 square metres and has an aggregate installed capacity of around 22.50 million metres per annum.
As per the 03 September 2026, the company had 92 employees as of July 31, 2026.
Vinod Texworld IPO – Details
| IPO Opening Date | 09 September 2026 |
| IPO Closing Date | 11 September 2026 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 45,56,400 Shares Worth ₹42.83 Crore Fresh Issue: 45,56,400 Shares Worth ₹42.83 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹94 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | Kfin Technologies Ltd. |
| NII Shares Offered | 50% |
| Retail Shares Offered | 50% |
Vinod Texworld IPO – Date Schedule
| IPO Open Date | 09 September 2026 |
| IPO Close Date | 11 September 2026 |
| Basis of Allotment | 15 September 2026 |
| Initiation of Refund | 16 September 2026 |
| Credit of Shares to Demat | 16 September 2026 |
| IPO Listing Date | 17 September 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 11, 2026 |
Vinod Texworld IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,25,600 |
| Retail (Max) | 2 | 2,400 | ₹2,25,600 |
| S-HNI (Min) | 3 | 3,600 | ₹3,38,400 |
Competitive Strength
- Quality Assurance.
- Financial Performance with Improving Profitability but Negative Operating Cash Flows.
- Strong and Consistent Financial Performance.
- An integrated production processes and Committed to High-Quality, Versatile Products.
- Growing customer base and Cordial relations with Customers.
- Scalable Manufacturing Model with Working Capital Sensitivity.
Company Promoters
- Harsh Vinod Mittal
- Yash Vinod Mittal
- Sweta Yash Mittal
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹200.73 Cr | ₹199.81 Cr | ₹0.68 Cr | ₹34.88 Cr |
| 31 March 2024 | ₹271.65 Cr | ₹264.50 Cr | ₹5.30 Cr | ₹47.01 Cr |
| 31 March 2025 | ₹335.56 Cr | ₹323.10 Cr | ₹9.21 Cr | ₹66.28 Cr |
| 31 March 2026 | ₹342.96 Cr | ₹328.83 Cr | ₹10.41 Cr | ₹70.48 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | 24.31% |
| ROCE | 31.80% |
| Debt/Equity | 1.65 |
| RoNW | 24.31% |
| PAT Margin | 3.04% |
| EBITDA Margin | 6.66% |
| NAV | 36.90 |
| Price to Book Value | 2.55 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.97 | 6.44 |
| P/E (x) | 10.48 | 14.60 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Expansion of Existing Plant. | ₹6.39 |
| Repayment of Loan. | ₹7.15 |
| To meet working capital requirements. | ₹20.35 |
| General Corporate Purpose. | ₹5.97 |
| Issue Expenses. | ₹2.97 |
✅Strengths
- Integrated Operations from greige fabric to finished dyed and printed fabrics.
- Diverse Product Portfolio across cotton, polyester and blended fabrics.
- Wide Domestic Presence across multiple Indian states with export presence.
- Technology Focus with emphasis on innovation and process improvement.
- Solar Energy Initiatives supporting sustainability and energy efficiency.
⚠️Risks
- Raw Material Dependence may impact operations and costs.
- Working Capital Requirement due to inventory and receivables.
- Raw Material Price Fluctuation can affect profitability.
- Changing Fashion Trends may impact product demand.
- Industry Competition may put pressure on growth and margins.
Vinod Texworld IPO Promoter Holding
| Pre-Issue Share Holding | 93.10% |
| Post Issue Share Holding | 66.85% |
Vinod Texworld IPO Prospectus
Company Contact Information
| Vinod Texworld Limited 185/2, Saijpur, Gopalpur, Opp. Shanti Process, Piplaj Pirana Road, Ahmedabad, Gujarat, 382405 Phone: +91 7069030829 Email: ho@vinodtexworld.com Website: https://www.vinodtexworld.com/ |
Vinod Texworld IPO Registrar
| Kfin Technologies Ltd. Phone: 040-79615565 Email: vinodtex.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
Vinod Texworld IPO Lead Manager(s)
| 1. Novus Capital Advisors Pvt. Ltd. |
Vinod Texworld IPO FAQ
| What is the Vinod Texworld IPO? Vinod Texworld IPO is an SME IPO. The issue is priced at ₹94 per equity share. The IPO is to be listed on NSE SME. |
| When will Vinod Texworld IPO open? The IPO is to open on 09 September 2026 for NII and Retail Investors. |
| What is Vinod Texworld IPO Investors’ Portion? The Investors portion for NII – 50% and Retail – 50%. |
| What is the Vinod Texworld IPO Size? Vinod Texworld IPO size is ₹42.83 Crore. |
| What are the Vinod Texworld IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 2400 Shares for ₹2,25,600, while the maximum bid is 2400 Shares for ₹2,25,600. |
| What is the Vinod Texworld IPO Allotment Date? Vinod Texworld IPO allotment date is 15 September 2026. |
| What is the Vinod Texworld IPO Listing Date? Vinod Texworld IPO listing date is 17 September 2026. The IPO is to be listed on the NSE SME. |
