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Vashishtha Luxury Fashion IPO

Vashishtha Luxury Fashion IPO

smelisted
Registrar: Bigshare Services Pvt.Ltd. · Listing 2025-09-15
IPO Timeline
Today · 20 Oct 2026
Opens
05 Sept 2025
Closes
10 Sept 2025
Allotment
11 Sept 2025
Refund
12 Sept 2025
Demat
12 Sept 2025
Listing
15 Sept 2025
Price Band
₹109–111
GMP
₹0
0%
Lot Size
1200 Shares
Min ₹133,200
Subscription
0x
Issue Size
₹8 Cr
Open
2025-09-05
Close
2025-09-10
Listing
2025-09-15

About the company

Vashishtha Luxury Fashion is engaged in high-fashion embroidery, accessories, and finished garments, catering to international couture and ready-to-wear brands across Europe, UK, USA, Australia, and Turkey. In FY25, clothing contributed 50.63% of overall revenue, followed by embroidery at 25.36% and clothing accessories at 24.01%, reflecting a balanced product mix. Geographically, the United Kingdom accounted for 55.71% of revenues, with the United States (15.55%) and Portugal (13.55%) emerging as other key markets. The company sourced the majority of its raw material from India, accounting for 97.97% of total purchases, while Italy and China accounted for 1.44% and 0.59%, respectively.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      QIB0x
      NII0x
      EMP0x
      OTHER0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 15 Sept 2025
      Listed 400 days ago
      1. IPO Opens

        Completed
        05 Sept 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        10 Sept 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        11 Sept 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        12 Sept 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        12 Sept 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        15 Sept 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1200 shares
      Price / Share (upper)
      ₹111
      Min Investment (1 lot)
      ₹133,200
      Price Band
      ₹109–111
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1200
      Min amount
      ₹133,200
      Max amount
      ₹133,200
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2400
      Min amount
      ₹266,400
      Max amount
      ₹266,400

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹4 Cr
      Shares offered
      363,637
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹1.2 Cr
      Shares offered
      109,091
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹2.8 Cr
      Shares offered
      254,546
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).