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Mon, 21 Sept 2026
01:51:52 pm
Mon, 21 Sept 2026
01:51:52 pm
Rudransh Sangwan
Published at: September 21, 2026, 7:55 AM
Synopsis
Cotton yarn maker Rudra Cottex filed its DRHP on September 17. Here’s a look at its proposed IPO size, financial performance and listing plans.
Rudra Cottex Ltd. has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on September 17, 2026, as the cotton yarn manufacturer moves ahead with its initial public offering (IPO) plans.
The proposed IPO will consist entirely of a fresh issue of up to 1.25 crore equity shares. The company plans to list its shares on both the National Stock Exchange (NSE) and the BSE.
| Particulars | Details |
|---|---|
| Company | Rudra Cottex Ltd. |
| DRHP filing date | September 17, 2026 |
| Issue type | Fresh issue |
| Issue size | Up to 1.25 crore shares |
| Proposed listing | NSE and BSE |
| Book running lead manager | Beeline Capital Advisors Pvt. Ltd. |
| Registrar | Kfin Technologies Ltd. |
The IPO’s net offer will have a defined allocation for different investor categories. Not more than 50% of the net offer will be reserved for Qualified Institutional Buyers (QIBs), while at least 15% will be allocated to Non-Institutional Investors (NIIs). Retail Individual Investors (RIIs) will receive at least 35% of the net offer.
Rudra Cottex reported growth in revenue and profitability during the financial year ended March 31, 2026.
| Financial metric | FY25 | FY26 | Change |
|---|---|---|---|
| Total income | ₹276.58 crore | ₹345.77 crore | 25% |
| Profit after tax | ₹23.90 crore | ₹32.99 crore | 38% |
The company’s total income increased to ₹345.77 crore in FY26 from ₹276.58 crore in FY25. Profit after tax rose to ₹32.99 crore from ₹23.90 crore during the same period.
Incorporated in March 2016, Rudra Cottex operates in the textile industry, focusing on cotton yarn manufacturing and the trading of cotton bales and cotton yarn.
The company operates at the spinning stage of the textile value chain and produces EliTwist technology-based compact yarn, conventional compact yarn, carded yarn and combed yarn.
Its EliTwist technology-based compact yarn is positioned as a value-added product with features such as higher yarn strength, lower hairiness, improved surface smoothness and better resistance to abrasion and pilling.
The company supplies its yarn products to segments including garments, knitwear, denim, home textiles and premium fabrics. The DRHP filing marks an early step in its proposed IPO process, with further details subject to regulatory approvals and subsequent offer documents.
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