Vinod Texworld made its debut on the NSE at ₹89.30, representing a 5% discount to its IPO price of ₹94. According to latest market data, the stock was listed at the IPO price of ₹94, but quickly declined to hit a low of ₹89.30 during trading. The counter is currently frozen at its lower limit of 5% over the listing price, indicating weak investor sentiment on the first day of trading. As per market reports, the stock reached a 52-week high of ₹94.00 and tumbled to a 52-week low of ₹89.30 on September 17, 2026.
The company's IPO was subscribed 3.00 times during its bidding period from September 9 to 11, 2026. As reported by CNBC TV18, the subscription breakdown showed Retail Individual Investors at 2.91x, Non-Institutional Investors at 0.37x, and Qualified Institutional Buyers at 1.14x. The IPO comprised a fresh issue of 45,56,400 equity shares at the price of ₹94 per share. The promoter shareholding in the company decreased significantly from 62.35% pre-IPO to 45.54% post-IPO following the public offering. The company's market capitalization is currently ₹ Cr as of the latest trading session.
According to CNBC TV18, Vinod Texworld recorded revenue from operations of ₹335.37 crore and net profit of ₹10.40 crore for the financial year ended March 31, 2025. The company operates in the textile manufacturing sector, focusing on dyeing and printing of greige fabric, and employs 92 people as of July 31, 2026. The company is a Public Limited Listed company incorporated on 19/07/2012 with its registered office in Gujarat, India, and has a Corporate Identification Number (CIN) U17200GJ2012PLC071210. The company's Total Operating Revenue is ₹335.37 Cr and Equity Capital is ₹11.60 Cr for the Year ended 31/03/2025.
As reported by latest market data, approximately 4.17 lakh shares of the company changed hands during the trading session. The stock hit a high of ₹94 during the day's trading, matching the IPO price, before declining to the current levels. The company's Price to Earnings ratio is 11.25 as compared to sectoral P/E of null, indicating the stock is trading at a premium to its sector average. The current traded volume stands at 4.17 lakh shares with the stock showing 52-week high of ₹94.00 and 52-week low of ₹89.30. The company intends to utilize the net proceeds from the IPO for expansion of existing plant, loan repayment, working capital requirements, and general corporate purposes.
