Vivekanand Cotspin IPO Subscription Status Day 1: Issue Subscribed 0.08 Times

Authored By HDFC SKY | Last Modified: Sep 21, 2026 06:24 PM IST

Vivekanand Cotspin IPO Day 1 subscription status showed NII at 0.26x, Retail at 0.05x and QIB at 0.00x as of September 21, 2026.

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Mumbai, September 21: Vivekanand Cotspin IPO opened for subscription on September 21, 2026, with the issue set to remain open until September 23. The bookbuilding issue consists entirely of a fresh issue of 60 lakh shares, aggregating up to ₹22.20 crore. The company has fixed the IPO price band at ₹32 to ₹37 per share. The lot size is 3,000 shares, which means retail investors need to apply for at least two lots, or 6,000 shares. At the upper end of the price band, this translates into a minimum investment of ₹2,22,000.

Vivekanand Cotspin IPO Day 1 Subscription Status

By 5:05 PM on September 21, the first day of bidding, the IPO had received an overall subscription of 0.08 times, based on the public issue portion.

The NII category saw bids for 0.26 times the shares available. Retail investors subscribed 0.05 times the portion reserved for them, while the QIB segment recorded 0.00 times subscription, excluding the anchor allocation.

Subscription Category	Shares Offered	Shares Bid For	Subscription
QIB (Ex Anchor)	11,43,000	0	0.00x
NII/HNI	8,55,000	2,25,000	0.26x
Retail	20,01,000	96,000	0.05x
Total Public Categories	39,99,000	3,21,000	0.08x

The figures reflect the subscription position recorded at 5:05:52 PM on September 21, 2026.

Category-wise Vivekanand Cotspin IPO Subscription Status

The NII segment received 2.25 lakh bids against 8.55 lakh shares available. Within this category, the bNII portion was subscribed 0.31 times, while the sNII portion stood at 0.18 times.

The retail segment received bids for 96,000 shares against 20.01 lakh shares reserved for the category.

Category	Shares Offered/Reserved	Shares Bid For	Subscription
Anchor	1,71,000	1,71,000	1.00x
QIB (Ex Anchor)	11,43,000	0	0.00x
NII/HNI	8,55,000	2,25,000	0.26x
bNII (>₹10L)	5,70,000	1,74,000	0.31x
sNII (<₹10L)	2,85,000	51,000	0.18x
Retail	20,01,000	96,000	0.05x
Total Public Categories	39,99,000	3,21,000	0.08x

The anchor portion is presented separately from the public subscription figures. The QIB figure shown above excludes the anchor allocation.

Vivekanand Cotspin Day-Wise Subscription Summary

The first-day subscription data provides the cumulative position as recorded on September 21, 2026. The overall public issue had received bids for 3.21 lakh shares against 39.99 lakh shares on offer.

Date	QIB (Ex Anchor)	NII	bNII (>₹10L)	sNII (<₹10L)	Retail	Total
September 21, 2026 (Day 1)	0.00x	0.26x	0.31x	0.18x	0.05x	0.08x

Vivekanand Cotspin IPO Timeline

IPO Milestone	Date
Issue Open Date	September 21, 2026
Issue Close Date	September 23, 2026
Basis of Allotment Date	September 24, 2026
Initiation of Refunds	September 25, 2026
Credit of Shares	September 25, 2026
Listing Date	September 28, 2026

Brief Overview Of The Vivekanand Cotspin IPO

Vivekanand Cotspin IPO is a ₹22.20 crore bookbuilding issue consisting of a fresh issue of 60 lakh shares. The bidding window opened on September 21, 2026, and is scheduled to close on September 23, 2026. The price band has been set at ₹32 to ₹37 per share. Each lot contains 3,000 shares, with retail applicants required to bid for a minimum of two lots. At the upper price band, the minimum application amount is ₹2,22,000.

The company is scheduled to list on the BSE SME platform, with September 28, 2026, as the tentative listing date. Swastika Investmart Ltd. is the book running lead manager for the issue, while MUFG Intime India Pvt. Ltd. is the registrar. Sunflower Broking Pvt. Ltd. has been appointed as the market maker.

Source:

https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4832&type=IPO&idtype=1&status=L&IPONo=7981&startdt=21/09/2026

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