Vedant Fashions IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 3149.19 Cr. The company is based in Kolkata and caters to Textiles sector. Axis Capital , Edelweiss Financial Services , ICICI Securities , Iifl Securities are the merchant bankers of Vedant Fashions IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th September 2021.
Vedant Fashions IPO open date is 4th February 2022 and close date is 8th February 2022. IPO Allotment Date is 11th February 2022 and Listing date is 16th February 2022.Vedant Fashions IPO size is ₹ 3149.19 Cr. with IPO price of ₹ 866.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Vedant Fashions IPO. Kfin Technologies Limited is the Registrar for Vedant Fashions IPO.
Vedant Fashions IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Vedant Fashions IPO, based in Kolkata, operates in the Textiles sector with a focus on men's India wedding and celebration wears. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Vedant Fashions IPO size is ₹ 3149.19 Cr. with fresh issue size of ₹ 3149.19 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Vedant Fashions IPO is expected to be 11th February 2022, after the finalization of basis of allotment. Investors can check Vedant Fashions IPO allotment status on the registrars website, Kfin Technologies Limited . Vedant Fashions IPO refund dates are 14th February 2022.
Vedant Fashions IPO is expected to be listed on 16th February 2022.
The upper price band for the Vedant Fashions IPO is set at ₹ 866.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Vedant Fashions IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Vedant Fashions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 8th February 2022. After submission, funds are blocked until the basis of allotment of Vedant Fashions IPO is finalised.
The merchant banker for Vedant Fashions IPO is Axis Capital Limited , Edelweiss Financial Services Limited , ICICI Securities Limited , Iifl Securities Limited . Axis Capital Limited , Edelweiss Financial Services Limited , ICICI Securities Limited , Iifl Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Vedant Fashions IPO RHP for further details.
The registrar for Vedant Fashions IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Vedant Fashions IPO through their official website or helpline.
Vedant Fashions IPO was subscribed 2.57 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Vedant Fashions IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Vedant Fashions Financial Review Page
Merchant Banker(s) of Vedant Fashions IPO: Axis Capital Limited , Edelweiss Financial Services Limited , ICICI Securities Limited , Iifl Securities Limited
Vedant Fashions IPO subscription was 2.57 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Vedant Fashions IPO listed at a listing price of 934.85 against the offer price of 866.00.
The current market price of Vedant Fashions is 819.70.
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