Vedant Fashions Limited (Manyavar) IPO Closed
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About Vedant Fashions Limited (Manyavar)
Vedant Fashions owns and operates Indian ethnic and celebration wear brands. Manyavar, the company’s flagship brand is a category leader in the branded Indian wedding and celebration wear market with a pan-India presence.
The company’s other brands include Twamev, Manthan, Mohey, and Mabez, serving across men’s and women’s categories and value, mid-premium, and premium price segments.
As of September 30, 2021, the company had 535 EBOs (exclusive brand outlets) spanning 212 cities and towns in India, and 11 EBOs overseas across the United States, Canada, and the UAE.
The entire public offer of Vedant Fashions is an offer for sale of 3.63 crore equity shares from existing shareholders.
Financial Snapshot
| Financial Year Ended | Revenue (₹ Crores) | PAT (₹ Crores) | EPS (₹) |
| March 2019 | 819.80 | 176.43 | 7.04 |
| March 2020 | 947.98 | 236.64 | 9.45 |
| March 2021 | 625.02 | 132.90 | 5.36 |
| Period ended September 30, 2021 | 387.29 | 98.41 | 4.01 |
IPO Schedule
| Issue Period | 4th February 2022 to 8th February 2022 |
| Finalization of Allotment | 11th February 2022 |
| Initiation of Refunds | 14th February 2022 |
| Credit of Shares | 15th February 2022 |
| Date of Listing | 16th February 2022 |
| Mandate end date | 24th February 2022 |
| Anchor Investors Lock-in End Date | 10th March 2022 |
How do I apply to the Vedant Fashions Limited IPO?
You can apply for the Vedant Fashions Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the allotment status for Vedant Fashions Limited IPO?
You can check the allotment status for the Vedant Fashions Limited IPO on the website of the Registrar and Transfer agent.
Alternatively, you can also check the allotment status on the NSE website.