Vedant Fashions Limited IPO
Vedant Fashions Limited was a mainboard IPO in the Speciality Retail sector, offered at ₹824–₹866 per share to raise ₹3,149 crore. The issue was subscribed 2.57× overall (QIBs 7.49×, NIIs 1.07×, retail 0.39×). It listed on 16 Feb 2022 at ₹935 and closed its first day at ₹934, a listing gain of +7.8% versus the ₹866 issue price. It now trades around ₹479 (-44.7% versus the issue price).
Frequently asked questions
- How many times was the Vedant Fashions Limited IPO subscribed?
- The Vedant Fashions Limited IPO was subscribed 2.57× overall — 7.49× in the QIB category, 1.07× among non-institutional investors, 0.39× in retail.
- What were the Vedant Fashions Limited IPO listing gains?
- Vedant Fashions Limited listed on 16 Feb 2022 at ₹935, closing its first day at ₹934 — a listing gain of +7.8% versus the ₹866 issue price.
- What were the retail allotment odds for the Vedant Fashions Limited IPO?
- Retail was subscribed 0.39×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 10 Feb 2022.
- What was the price band and lot size of the Vedant Fashions Limited IPO?
- The price band was ₹824–₹866 per share, with a minimum lot of 17 shares (₹14,722 at the upper band).
- Who were the registrar and lead manager for the Vedant Fashions Limited IPO?
- KFin Technologies Private Limited was the registrar, and Axis Capital was the book-running lead manager.