Mumbai, Sept. 17 -- The scrip was listed at Rs 94, matching the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 94 and a low of Rs 89.30. About 4.18 lakh shares of the company changed hands at the counter.

Vinod Texworld's IPO was subscribed 1.57 times. The issue opened for bidding on 9 September 2026) and it closed on 11 September 2026. The price of the IPO is Rs 94 per share.

The IPO comprised fresh issue of 45,56,400 equity shares. The promoter shareholding in the company fell to 45.54% post-IPO from 62.35% pre-IPO.

The company intends to utilise the net proceeds from the issue for expansion of existing plant repayment of loan, to meet wor...