Vedant Fashions Limited
- IPO Date04 Feb, 2022 to 08 Feb, 2022
- Listing Date16 Feb, 2022
- Face Value₹1 per share
- Issue Price₹824 to ₹866 per share
- Lot Size17 Shares
- Minimum Investment₹14,722
- Listing AtBSE, NSE
- Total Issue Size3,63,64,838 Shares
(aggregating up to ₹3149.19 Cr) - Fresh Issue-
- Offer for Sale3,63,64,838 Shares
(aggregating up to ₹3149.19 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue-
- Shareholding post issue-
IPO Dates
Closing Date
08 Feb, 2022
Initiation of Refunds
15 Feb, 2022
Listing Date
16 Feb, 2022
04 Feb, 2022
Opening Date
11 Feb, 2022
Basis of Allotment
15 Feb, 2022
Credit of Shares
Vedant Fashions Limited Lot Size
Investors can bid for a minimum of 17 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 17 | ₹14,722 |
| Retail (Max) | 13 | 221 | ₹1,91,386 |
Vedant Fashions Limited Promoter Holding
Ravi Modi, Shilpi Modi and Ravi Modi Family Trust are the company promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 92.4% | 84.9% |
Vedant Fashions Limited COMPANY INFORMATION
Manyavar IPO is a book built issue of Rs 3,149.19 crores. The issue is entirely an offer for sale of 3.64 crore shares.
Manyavar IPO bidding started from February 4, 2022 and ended on February 8, 2022. The allotment for Manyavar IPO was finalized on Friday, February 11, 2022. The shares got listed on BSE, NSE on February 16, 2022.
Manyavar IPO price band is set at ₹824 to ₹866 per share. The minimum lot size for an application is 17 Shares. The minimum amount of investment required by retail investors is ₹14,722.
Axis Capital Limited, Edelweiss Financial Services Ltd, ICICI Securities Limited, Iifl Securities Ltd and Kotak Mahindra Capital Company Limited are the book running lead managers of the Manyavar IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to Manyavar IPO RHP for detailed information.
FAQs About Vedant Fashions Limited
Vedant Fashions Limited will open on 04 Feb, 2022 and close on 08 Feb, 2022. Investors must apply within this period to participate.
The Vedant Fashions Limited price band is set between ₹824.00 and ₹866.00 per share. The minimum lot size is 17, requiring an investment of at least ₹14722.00.
The Vedant Fashions Limited shares are expected to be listed on 16 Feb, 2022, subject to regulatory approvals and final allotment.
You can track your Vedant Fashions Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Vedant Fashions Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.