Vashishtha Luxury Fashion IPO
Vashishtha Luxury Fashion IPO
Overview
Vashishtha Luxury Fashion IPO is a book build issue of ₹8.87 crores. The issue is entirely a fresh issue of 0.08 crore shares of ₹8.87 crore. Vashishtha Luxury Fashion IPO opens for subscription on Sep 5, 2025 and closes on Sep 10, 2025. The allotment for the Vashishtha Luxury Fashion IPO is expected to be finalized on Sep 11, 2025. Vashishtha Luxury Fashion IPO will list on BSE SME with a tentative listing date fixed as Sep 15, 2025. Vashishtha Luxury Fashion IPO price band is set at ₹109.00 to ₹111.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,66,400.00 (2,400 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,600 shares), amounting to ₹3,99,600. Expert Global Consultants Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Nirman Share Brokers Pvt.Ltd..
Total Shares
7,99,200
Issue Size
₹8.87 Cr
Price Band
₹109 – ₹111
Lot Size
1200 shares
Min. Investment
₹1,33,200
Max. Investment
₹1,33,200
Open Date
05 Sep, 2025
Close Date
10 Sep, 2025
Allotment
11 Sep, 2025
Listing
15 Sep, 2025
Max. Investment
₹1,33,200
Announced
05 Sep, 2025
Opening Date
05 Sep, 2025
Closing Date
10 Sep, 2025
Basis of Allotment
11 Sep, 2025
Initiation of Refunds
12 Sep, 2025
Credit of Shares
12 Sep, 2025
Listing Date
15 Sep, 2025
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About Vashishtha Luxury Fashion IPO
Incorporated in 2010, Vashishtha Luxury Fashion Limited is engaged in the business of exporting high fashion hand embroidery work, accessories & finished garments.
The company is a 100% Export House serving fashion brands in Europe, the UK, USA, Australia, and Turkey, offering customized apparel designs for couture and prêt-à-porter segments.
The company runs a sample unit in Mumbai through its subsidiary, Vashishtha Embroidery Private Limited,
Product Portfolio:
Vashishtha Luxury Fashion IPO Share Price
Issue Breakdown
Shareholding
Dilution: 51.3% increase in shares
Vashishtha Luxury Fashion IPO Promoters Holding
Vashishtha Luxury Fashion IPO Financial Health
Vashishtha Luxury Fashion Ltd.'s revenue increased by 46% and profit after tax (PAT) rose by 346% between the financial year ending with March 31, 2025 and March 31, 2024.
Vashishtha Luxury Fashion IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | - | - |
| Individual investors (Retail) (Max) | 2 | - | - |
| S-HNI (Min) | 3 | - | - |
| S-HNI (Max) | 7 | - | - |
| B-HNI (Min) | 8 | - | - |
(All values in CR)
Vashishtha Luxury Fashion IPO Valuations
The market capitalization of Vashishtha Luxury Fashion IPO is ₹26.16 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 28.28 |
| ROCE | 31.43 |
| Debt/Equity | 0.34 |
| RoNW | 64.49 |
| PAT Margin | 14.14 |
| EBITDA Margin | 22.08 |
| Price to Book Value | 6.95 |
(All values in CR)
Vashishtha Luxury Fashion IPO Strength & Risk
Vashishtha Luxury Fashion IPO Strength:
Export-oriented business with presence in multiple international markets.
Specialization in high-fashion hand-embroidered garments and accessories.
Consistent product quality and operational reliability.
Experienced promoters and skilled workforce.
Customer-centric and scalable business model.
Demonstrated revenue and profit growth.
Vashishtha Luxury Fashion IPO Risk:
Limited operating history as a company.
Compliance gaps during transition from partnership to company.
High dependence on subsidiary and promoter-linked entities for manufacturing.
No recognized quality-control certifications for affiliates.
Past delays and errors in statutory filings.
Dependence on licenses and regulatory approvals.
Ongoing legal proceedings involving company or promoters.
Seasonal nature of business impacting revenue.
Heavy reliance on buy-order basis; lack of long-term contracts.
Vashishtha Luxury Fashion IPO Subscriptions Status
Vashishtha Luxury Fashion IPO subscribed 0.18 times. The public issue subscribed 0.32 times in the individual investors category, 0.00 times in QIB (Ex Anchor), and 0.00 times in the NII category by September 8, 2025 4:34:37 PM (Day 2).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| QIB (Ex Anchor) | 0.00 | 75,600 | 0 | 0 |
| Non-Institutional Buyers | 0.00 | 2,65,200 | 1,200 | 0.013 |
| bNII (bids above ₹10L) | 0.20 | 1,76,400 | 34,800 | 0.386 |
| sNII (bids below ₹10L) | 0.08 | 88,800 | 7,200 | 0.08 |
| Individual Investors (IND category bidding for 2 Lots) | 0.32 | 4,17,600 | 1,32,000 | 1.465 |
| Total | 0.18 | 7,58,400 | 1,33,200 | 1.479 |
| Market Maker | 1.00 | 40,800 | 40,800 | 0.453 |
Vashishtha Luxury Fashion IPO GMP
Vashishtha Luxury Fashion SME IPO last GMP is ₹0, last updated Sep 8th 2025 03:56 PM. With the price band of 111.00, Vashishtha Luxury Fashion SME IPO's estimated listing price is ₹111 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 08 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 08 Sep, 2025 | 111 | ₹0 | - | ₹111 (0.00%) | - | 08 Sep, 2025 |
| 07 Sep, 2025 | 111 | ₹0 | - | ₹111 (0.00%) | - | 07 Sep, 2025 |
| 06 Sep, 2025 | 111 | ₹0 | - | ₹111 (0.00%) | - | 06 Sep, 2025 |
| 05 Sep, 2025 | 111 | ₹0 | - | ₹111 (0.00%) | - | 05 Sep, 2025 |
| 04 Sep, 2025 | 111 | ₹0 | - | ₹111 (0.00%) | - | 04 Sep, 2025 |
| 03 Sep, 2025 | 111 | ₹0 | - | ₹111 (0.00%) | - | 03 Sep, 2025 |
| 02 Sep, 2025 | 111 | ₹0 | - | ₹111 (0.00%) | - | 02 Sep, 2025 |
| 01 Sep, 2025 | 111 | ₹0 | - | ₹111 (0.00%) | - | 01 Sep, 2025 |
| 31 Aug, 2025 | 111 | ₹0 | - | ₹111 (0.00%) | - | 31 Aug, 2025 |
| 30 Aug, 2025 | 111 | ₹0 | - | ₹111 (0.00%) | - | 30 Aug, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Vashishtha Luxury Fashion IPO
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Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Vashishtha Luxury Fashion IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
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Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.