The initial public offering (IPO) of N R Vandana Tex Industries Ltd., which closed for subscription on Friday, received a fantastic response from the investors. The SME issue was subscribed 101 times on its final day, led by demand from Non-Institutional Buyers who bid for 37,36,32,000 shares against the 29,49,000 on offer, subscribing 126.70 times. Qualified Institutional investors bid for 4,29,75,000 against the 11,76,000 shares on offer, subscribing 36.54 times. Overall, the NSE SME issue received bids for 41,66,07,000 shares against 41,25,000 on offer.The price band for the N R Vandana Tex Industries IPO was set at Rs 42 to Rs 45 per share. It was a book-building issue worth Rs 27.89 crore. The IPO comprised entirely a fresh issue of 61.98 lakh shares. The company manufactures cotton textile products. It has proposed to use proceeds from the IPO to fund working capital requirements and general corporate purposes.Investors who bid for the SME IPO will look forward to the share allotment status, which is expected to be finalised on Monday, June 2. They can check the N R Vandana Tex Industries IPO allotment status on the websites of NSE and Cameo Corporate Services (IPO registrar).Steps To Check N R Vandana Tex Industries IPO Allotment Status On NSEVisit the IPO allotment page on the NSE website here. Select 'Equity & SME IPO bid details'. Select the company symbol ‘NRVANDANA’ from the dropdown list for issue symbols. Enter PAN details and Application Number. Click on the ‘Submit’ button to check the share allotment details.Steps To Check NR Vandana Textile IPO Allotment Status On Cameo Corporate ServicesLog on to Cameo Corporate Services' IPO allotment page: https://ipostatus1.cameoindia.com/.Select ‘N R Vandana Tex Industries Ltd.’ from the company dropdown menu. Select one of the input options: PAN, application number, or DP/client ID. Enter the required details based on your previous selection. Verify the captcha details. Click 'Submit' to view your allotment status.N R Vandana Tex Industries Listing DateFollowing the allotment, refunds to unsuccessful applicants will be initiated, as well as the transfer of shares to the Demat accounts of successful bidders, on Tuesday, June 3.Shares of N R Vandana Tex Industries will list on the NSE SME platform on Wednesday, June 4.N R Vandana Tex Industries IPO GMP TodayThe latest grey market premium (GMP) for the N R Vandana Tex Industries IPO stood was Rs 14 at 7:30 a.m. on Monday, June 2. The unlisted shares of N R Vandana Tex Industries were trading at Rs 59 apiece, indicating an estimated listed gain of 31.11%.Note: GMP does not represent official data and is based on speculation.Incorporated in 1992, the Kolkata-based NR Vandana Tex Industries Ltd. operates on a B2B model. It specialises in designing, manufacturing and wholesale distribution of a wide range of cotton textile products, such as saris, suits and others. It is marketing its products under the Vandana and Tanya brands.Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.. Read more on IPOs by NDTV Profit.