About Vivekanand Cotspin
Textiles / Cotton & Yarn
Vivekanand Cotspin was originally incorporated as Vivekanand Cotspin LLP in July 2015 and was subsequently converted into a private limited company in August 2024 and a public limited company in December 2024. Its manufacturing facility is located near major cotton-growing regions of Gujarat and Maharashtra. The company has approximately 8,000 MT annual cotton bale capacity and approximately 4,551 MT annual cotton yarn capacity. Its product portfolio includes cotton bales, cotton seeds, carded cotton yarn and combed cotton yarn. In FY26, cotton yarn accounted for 52.18% of sales and cotton bales accounted for 38.74% of sales. The company also exports to markets including Bangladesh, China and Vietnam and had 146 employees as of May 30, 2026. :contentReference[oaicite:1]{index=1}
IPO_DETAILS_LONG: Vivekanand Cotspin Limited is raising capital through a fresh issue with a price band of ₹32 to ₹37 per share and a face value of ₹10 per share. Current offer-document-derived sources indicate a fresh issue of 65,00,000 shares aggregating to approximately ₹24.05 Cr, while some databases still display the earlier 60,00,000-share, ₹22.20 Cr structure. The IPO opened on September 21, 2026 and closes on September 23, 2026, with allotment expected on September 24 and listing on BSE SME on September 28, 2026. The issue proceeds are intended for plant and machinery expenditure of ₹5.27 Cr, working capital requirements of ₹11.00 Cr and general corporate purposes. The company reported FY26 Total Income of approximately ₹409 Cr and PAT of ₹3.69 Cr. FY26 ROE was 15.96%, ROCE was 13.14%, EBITDA margin was 3.70%, PAT margin was 0.90% and debt-to-equity was 1.56x. :contentReference[oaicite:2]{index=2}