Check out Vedant Fashions ( Manyavar ) IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Vedant Fashions IPO GMP is not started yet. Please stay tuned for daily updates of Vedant Fashions GMP.
Vedant Fashions IPO is going to hit the market on4th February 2022 as per the market speculations. The IPO to raise ₹- crores via IPO. The company's brands include (i) Manyavar, (ii) Mohey, (iii) Mebaz, (iv) Manthan, and (v) Twamev. Vedant Fashions was the largest in India in the men's Indian wedding and celebration wear segment in terms of revenue, OPBDIT, and profit after tax for the Financial Year 2020. The company operates its business through franchise-owned exclusive brand outlets (EBOs), with the remaining by multi-brand outlets (MBOs), large format stores (LFSs), and online platforms, including its website (www.manyavar.com) and mobile application. The price band of Vedant Fashions IPO is ₹ to ₹. The Vedant Fashions IPO to list on NSE and BSE.
Read Also: Vedant Fashions IPO Details
Vedant Fashions IPO GMP Rates Today
- The Vedant Fashions IPO grey market premium is ₹10.
Vedant Fashions IPO Kostak Rates Today
- The Vedant Fashions IPO Kostak Rate is ₹-.
Vedant Fashions IPO Subject to Sauda Rate Today
- The Vedant Fashions IPO subject to sauda rates is ₹-.
Vedant Fashions IPO Expected Return
- The Vedant Fashions IPO expected return is 10%.
Vedant Fashions IPO GMP Rates day by day with Kostak rates & Subject To Sauda
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda |
|---|---|---|---|
| 08 Feb 2021 | ₹10 | ₹- | ₹- |
| 07 Feb 2021 | ₹50 | ₹400 | ₹800 |
| 06 Feb 2021 | ₹50 | ₹400 | ₹800 |
| 05 Feb 2021 | ₹50 | ₹400 | ₹800 |
| 04 Feb 2021 | ₹50 | ₹400 | ₹800 |
| 03 Feb 2021 | ₹50 | ₹400 | ₹800 |
| 02 Feb 2021 | ₹40 | ₹400 | ₹800 |
| 01 Feb 2021 | ₹40 | ₹400 | ₹800 |
| 31 Jan 2021 | ₹90 | ₹400 | ₹800 |
| 30 Jan 2021 | ₹90 | ₹500 | ₹800 |
| 29 Jan 2021 | ₹90 | ₹500 | ₹800 |
| 28 Jan 2021 | ₹80 | ₹- | ₹- |
| 27 Jan 2021 | ₹80 | ₹- | ₹- |
| 26 Jan 2021 | ₹- | ₹- | ₹- |
| 25 Jan 2021 | ₹- | ₹- | ₹- |
| 24 Jan 2021 | ₹- | ₹- | ₹- |
| 23 Jan 2021 | ₹- | ₹- | ₹- |
Vedant Fashions IPO Date & Price Band:
| IPO Opening Date | Feb 4, 2022 |
| IPO Closing Date | Feb 8, 2022 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹1 per equity share |
| IPO Price | ₹824 to ₹866 per equity share |
| Market Lot | 17 Shares |
| Min Order Quantity | 17 Shares |
| Listing At | BSE, NSE |
| Issue Size | 36,364,838 Eq Shares of ₹1 (aggregating up to ₹3,149.19 Cr) |
| Offer for Sale | 36,364,838 Eq Shares of ₹1 (aggregating up to ₹3,149.19 Cr) |
Vedant Fashions IPO Tentative Timetable
The Vedant Fashions IPO open date is Feb 4, 2022, and the close date is Feb 8, 2022. The issue may list on Feb 16, 2022.
| IPO Open Date | Feb 4, 2022 |
| IPO Close Date | Feb 8, 2022 |
| Basis of Allotment Date | Feb 11, 2022 |
| Initiation of Refunds | Feb 14, 2022 |
| Credit of Shares to Demat Account | Feb 15, 2022 |
| IPO Listing Date | Feb 16, 2022 |
Vedant Fashions IPO Market Lot:
The Vedant Fashions IPO market lot size is 17 shares. A retail-individual investor can apply for up to 13 lots (221 shares or ₹191,386.
| Minimum Lot Size: | Minimum 17 Shares |
| Minimum Amount: | ₹-14,722 |
| Maximum Lot Size: | Maximum 221 Shares |
| Maximum Amount: | ₹-191,386 |
Vedant Fashions Company Financial:
| Particulars | For the year/period ended (₹ in Millions) | ||
|---|---|---|---|
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 14,455.03 | 16,256.53 | 15,915.53 |
| Total Revenue | 3,872.90 | 6,250.19 | 9,479.76 |
| Profit After Tax | 984.07 | 1,329.03 | 2,366.37 |
Disclaimer:
- IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.- We are not buying and selling IPO forms on IPO Grey Market.- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.- Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies
Vedant Fashions IPO GMP aka Grey Market Premium FAQs
1. What is the Grey Market Premium (GMP) price of Vedant Fashions IPO?
The Grey Market Premium of Vedant Fashions IPO is approx. in between ₹50 at the moment.
2. What is the Subject to Sauda price for Vedant Fashions IPO?
The Subject to Sauda price for Vedant Fashions IPO is approx. ₹800.
3. How much will be listing gain be in Vedant Fashions IPO?
Vedant Fashions IPO listing gain will be approx. 0% (update on a daily basis)
4. What is the kostak price of Vedant Fashions IPO?
The Kostak price of Vedant Fashions IPO is approx ₹400.
