Vedant Fashions IPO | Vedant Fashions IPO Allotment Status | GMP (Grey Market Premium)

Vedant Fashions IPO | Vedant Fashions IPO Allotment Status | Vedant Fashions Limited IPO (Manyavar IPO) Detail

Vedant Fashions IPO allotment Status
Vedant Fashions IPO Allotment Status

Vedant Fashions IPO :The IPO issue of Vedant Fashion is open on 04 February 2022 and will close on 08 February 2022. The price band of this IPO is Rs 824-866 and one lot will have 17 stocks and the minimum investment will be Rs 14,408 only. The company has set a target of raising Rs. 3,149.19 crore from this issue.

Vedant Fashions Limited (Manyavar) IPO Details

ParticularsDetails
Bidding StatusOpen
Bidding Period4th February 2022 to 8th February 2022
Allotment of Shares11th February 2022
Face Value Rs.1 per equity share
Listing onNSE, BSE
Bid Lot17 Shares
Minimum Order Quantity 17 Equity shares

In this blog we will tell you how to check Vedant Fashion IPO allotment status but first let’s look at the small details of Vedant Fashion.

What does Vedant Fashions Pvt. Ltd. do?

Vedant Fashion Limited is a Kolkata based company which was incorporated on 24 May 2002. It is a public limited company. Vedant Fashions is an Indian brand owned by Shri Ravi Modi. It has many Indian stores as well as overseas stores. The company operates its business through other franchise brands, multi-brand outlets, mega stores and online platforms.

Vedant Fashions Ltd. is known for its vibrant designs and varied collection of Indian wear and is most popular for Indian wedding and celebration wear. Vedant Fashions has 5 brands which are (i) Manyavar, (ii) Mohey, (iii) Mebaz, (iv) Manthan, and (v) Twamev.

Manyavar is the key brand of Vedant fashions it has huge contribution of 84.2 % of Vedant Fashions total revenue on financial year 2021 and the other hand Mohey has 7.5 % of it. The company has planning to expanding his retail business, the company is market leader in Indian Celebration wear market.

Vedant Fashions Ltd. Company Financials Data Summary

 Particulars202120202019
Total Assets1,626 Crore1,592 Crore1,318 Crore
Total Revenue625 Crore948 Crore820 Crore
Profit 133 Crore238 Crore176 Crore

Vedant Fashions IPO Allotment Overview

Important Dates in Vedant Fashion IPO

Bidding Open04-02-2022
Bidding Close08-02-2022
Allotment Date11-02-2022
Initiation of Refunds ( if not allotted)14-02-2022
share credit in Demat account15-02-2022
Vedant Fashions IPO Listing Date16-02-2022

Vedant Fashions(Manyavar) IPO Details

ParticularDetails
IPO NameVedant Fashions Limited – Manyavar
Issuing CompanyVedant Fashions Pvt. Ltd.
IPO RegistrarKFintech Private Limited
PromotersRavi Modi, Shilpi Modi, Ravi Modi family trust.
Type of issueBook Built Issue
Size of IPOEq. Shares of Rs.1
(3,149.19 Crore)
IPO price bandRs.824 to Rs.866 per equity share
Bidding Period4th February 2022 to 8th February 2022
Face Value Rs.1 per equity share
Listing onNSE, BSE
Bid Lot17 Shares
Minimum Order Quantity 17 Equity shares
Websitehttps://www.vedantfashions.com/
Registration Portal   https://karisma.kfintech.com/

How To Check Vedant Fashions IPO Allotment Status via BSE:

Step 1: Click on the below mention link or go for the BSE website: https://www.bseindia.com/static/investors/application_statuschecksystem.aspx

Step 2 : Scroll Down and find the link Application Status Check or click here to redirect.

Step 3: Now you will be redirected to new page here you have to fill required details or make selection.

  • select the issue type click on Equity
  • Now Choose here IPO Name (Vedant Fashions Limited – Manyavar)
  • Now you have to enter your IPO Bidding Application number in the box which you received on your mobile through SMS when you made your booking otherwise you can find the details in your Demat account.
  • Finally enter your PAN Card number and check the captcha box then You will get Your Booking Details.

GMP Vedant Fashions IPO

As of now (11-02-2022) the GMP of Vedanta Fashion IPO is Rs 10, which is unchanged from yesterday’s GMP and may go up after the allotment is completed.

FAQ

What is the listing date of Vedant Fashions ?

The tentative date for listing of Vedant Fashions is 16 February 2022

Who is the Managing Director of Vedant Fashions Pvt Ltd ?

Mr. Ravi Modi Is the Managing Director of Vedant Fashions Pvt Ltd

What is the minimum amount to invest in Vedant Fashions IPO?

You can bid for 1 lot which has 17 stocks and the Minimum investment amount is Rs 14008.

Who is Vedant Vedant Fashions IPO Registrar?

KFintech Private Limited is the Registrar of this IPO.

How to check Vedant Fashions IPO Allotment Status

To check your Vedanta Fashion IPO allotment status you have two options, first visit the official website of BSE and second visit the registrar website and check the respective IPO status.
we have Provided the First Option in the Above Article to check Vedant Fashions IPO Allotment Status

please see also

That’s all for this blog, For More This Type of blog Please Connect with us on Einfonet.in Please note that all the above information is collected from the Internet.

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