Mumbai, June 4 -- The scrip was listed at Rs 45, matching the initial public offer (IPO) price.

The counter hit a high of Rs 46 and a low of Rs 42.75. About 20.73 lakh shares of the company changed hands at the counter.

N R Vandana Tex Industries' IPO was subscribed 93.96 times. The issue opened for bidding on 28 May 2025 and it closed on 30 May 2025. The price band of the IPO was set at Rs 42 to Rs 45 per share.

The company intends to utilize the net proceeds for funding working capital requirements, prepayment or repayment of loans, and general corporate purposes.

Ahead of the N R Vandana Tex Industries on 27 May 2025, raised Rs 7.92 crore from anchor investors. The board has allotted 17.61 lakh shares at Rs 45 per share to 6 anchor...