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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Capital Expenditure for Facility Expansion
Procurement and installation of additional spinning machinery at the Rangpurda unit.
Working Capital Funding
Meeting operational liquidity needs and seasonal raw material inventory funding.
General Corporate Purposes
Allocations for general corporate overheads and administrative business growth initiatives.
(₹ in Crore)
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Founded in July 2015, Vivekanand Cotspin Limited is a textile manufacturing enterprise located in Gujarat, operating across raw cotton ginning and yarn spinning processes. The business acquires raw seed cotton directly from agricultural markets and regional farming networks, subsequently processing the material into finished cotton yarn, compressed cotton bales, and cotton seeds for industrial supply. The enterprise maintains its core processing and spinning facility at Rangpurda within the Kadi taluka of Mahesana district, Gujarat. This location provides essential supply chain connectivity to major cotton-producing hubs across western India. The plant is equipped with operational infrastructure capable of producing approximately 4,550 metric tons of cotton yarn and 8,000 metric tons of processed cotton bales each year. Vivekanand Cotspin supplies both domestic textile producers and international market clients with carded and combed cotton yarn grades. Operating revenue is generated through direct sales of manufactured yarn products alongside trading activities in cotton seeds and secondary processing byproducts, supplying diverse industrial fabric production lines.
The company raised 6.29 crore rupees through an anchor allocation of 17.01 lakh equity shares on September 18, 2026, at the issue price of 37 rupees per share. Participating institutional investors comprised M7 Global Fund PCC (Amaltas India Opportunities Fund) receiving 49.74 percent of the allocation and Minerva Ventures Fund (Indus QRAC Strategy) receiving 50.26 percent.
Source: RHP • Analysis provided for informational purposes
Last Updated: 27 September 2026, 5:00 AM
Integrated Processing Operations
Sequential facilities covering both cotton ginning and yarn spinning enable operational efficiency and quality control across production stages.
Strategic Facility Location
Situated in the cotton-growing belt of Mahesana, Gujarat, the manufacturing plant benefits from direct access to raw agricultural inputs and reduced transportation costs.
Established Manufacturing Capacity
Existing plant infrastructure supports significant annual output volumes of cotton yarn and processed bales to serve diverse commercial buyers.
Raw Material Price Volatility
Fluctuations in unprocessed seed cotton prices may impact procurement costs and narrow operating profit margins.
Single-Location Manufacturing Risk
Operations are concentrated at a single facility in Gujarat, making performance vulnerable to localized operational disruptions.
High Working Capital Requirements
Sustaining seasonal raw cotton inventories requires substantial working capital financing throughout harvest cycles.
MUFG Intime India Private Limited
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