Vedant Fashions Limited
04 Feb 2022 – 08 Feb 2022
LISTED
Offer Price
₹824–866
Bid lot
17
Min Application
₹14,722
Issue Size
₹6,298 Cr
Key dates
Open date
04 Feb 2022
Done
Close date
08 Feb 2022
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
16 Feb 2022
Today
Issue reservation
₹6,298 CrQIB 50%Retail 35%
QIB
3.64 Cr sh · ₹3149.00 Cr
Retail
2.55 Cr sh · ₹2204.30 Cr
BRLM: Axis Capital Limited · Edelweiss Financial Services Limited · ICICI Securities Limited · IIFL Securities Limited · Kotak Mahindra Capital Company Limited
Lot ladder — how much to bid
1 lot = 17 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
17 sh · ₹14,722
Max · 13 lots
221 sh · ₹1,91,386
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
238 sh · ₹2,06,108
Max · 67 lots
1,139 sh · ₹9,86,374
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
1,156 sh · ₹10,01,096
Entry point
₹10,01,096 onward
Issue details
Lead managersAxis Capital Limited, Edelweiss Financial Services Limited, ICICI Securities Limited, IIFL Securities Limited, Kotak Mahindra Capital Company Limited
Face value₹10
Listing onNSE
RegistrarKFin Technologies Private Limited
Live subscription
4.57×
0×1×2×3×+
Oversubscribed
Book₹5,353 Cr
Subscribed₹24,446 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 3,63,62,587₹3,149 Cr | 27,23,55,773₹23,586 Cr | 7.49× |
| HNI | 1,09,08,776₹944.70 Cr | 1,16,72,390₹1,011 Cr | 1.07× |
| Retail | 2,54,53,811₹2,204 Cr | 99,26,986₹859.68 Cr | 0.39× |
| Total | 6,18,16,398₹5,353 Cr | 28,22,82,759₹24,446 Cr | 4.57× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 23,586.01 |
| HNI | 1,010.83 |
| Retail | 859.68 |
| Total | 24,445.69 |
Amounts at the upper band (₹866). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Vedant Fashions Limited IPO?
One lot of 17 shares — ₹14,722 at the upper price band of ₹866.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2022-02-16 on NSE.