Manyavar aka Vedant Fashions IPO to list on NSE and BSE on 16 February 2022, Wednesday at 10:00 AM. Vedant Fashions is one of the leading brands of men’s wedding wear in India. They own brands like Manyavar, Twamev, Manthan, Mohey, and Mebaz. The IPO subscribed 2.57x times that comprises Qualified Institutional Buyer (QIB) 7.49x, Non-institutional Bidders (NII) 1.07x, and Retail (RII) 0.39x. The company reported a profit of ₹133 crores in 2021 against a profit of ₹237 crores in 2020. The revenues went down in 2021 to ₹625 crores against ₹948 crores in 2020. The stock will list in B Group. As per the market speculations the stock might list in between the ₹850 to ₹880 range. Check out the Vedant Fashions IPO listing details as given below:
Latest Update: Vedant Fashions IPO is listed at 8% Premium on Indices. Vedant Fashions share price is listed at ₹935 on NSE & ₹936 on BSE. Happy Investing!
Vedant Fashions Share Price Live Quote
| Details | BSE Listing | NSE Listing |
| IPO Price |
₹866.00
|
₹866.00
|
| List Price |
₹936.00
|
₹935.00
|
| High Price |
₹993.00
|
₹992.70
|
| Low Price |
₹921.00
|
₹920.00
|
| Close Price |
₹834.85
|
₹933.55
|
| Volume |
821,137
|
19,754,867
|
BSE Notice of Listing: Notice
Vedant Fashions IPO Listing Details
Find the Vedant Fashions IPO listing details like BSE Code, NSE Code, ISIN Number, and Listing Group. The information given below will help you on the Vedant Fashions share listing day.
| BSE Code | 543463 |
| NSE Code | MANYAVAR |
| Group | B Group |
| ISIN No | INE825V01034 |
| Offer Price | ₹866 |
| Face Value | ₹1 |
| Listing Date | 16 February 2022, Wednesday |
Important Links:
Vedant Fashions IPO Subscription Status (Final Data)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.06 | 0.11 | 7.49 |
| NII | 0.06 | 0.09 | 1.07 |
| RII | 0.22 | 0.31 | 0.39 |
| Total | 0.14 | 0.21 | 2.57 |
Vedant Fashions IPO Date & Price Band
| IPO Open: | 04 February 2022 |
| IPO Close: | 08 February 2022 |
| IPO Size: | Approx ₹3149 Crores |
| Fresh Issue: | N/A |
| Offer for Sale: | Approx 36,354,838 Equity Shares |
| Face Value: | ₹1 Per Equity Share |
| Price Band: | ₹824 to ₹866 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Vedant Fashions IPO Market Lot
The Vedant Fashions IPO minimum market lot is 17 shares with ₹14,722 application amount. The retail investors can apply up-to 13 lots, 221 shares with ₹191,386 application amount.
| Minimum Lot Size: | Minimum 17 Shares for 1 lot |
| Minimum Amount: | ₹14,722 for 1 lot |
| Maximum Lot Size: | Maximum 221 Shares for 13 lot |
| Maximum Amount: | ₹191,386 for 13 lot |
Vedant Fashions IPO Time Table
The Vedant Fashions IPO date is 04 February 2022 and the IPO close date is 08 February 2022. The allotment date is 11 February 2022 and the IPO may list on 16 February 2022.
| Price Band Announcement: | 27 January 2022 |
| Anchor Investors Allotment: | 03 February 2022 |
| IPO Open Date: | 04 February 2022 |
| IPO Close Date: | 08 February 2022 |
| Basis of Allotment: | 11 February 2022 |
| Refunds: | 14 February 2022 |
| Credit to Demat Account: | 15 February 2022 |
| IPO Listing Date: | 16 February 2022 |
Vedant Fashions IPO Listing FAQs:
When is Vedant Fashions IPO Listing Date?
Vedant Fashions IPO listing date is 16 February 2022, Wednesday.
What will be the estimated listing price of Vedant Fashions stock?
As per the market speculations, the IPO might list at ₹850 to ₹880 levels. If the market supports the stock might go on a higher side around ₹950+ level while on the downside the stock might hit to ₹850 level.
How many returns are expected in Vedant Fashions IPO?
The IPO might give a listing profit/loss of ₹500 to ₹1000.
What is Vedant Fashions Share Price on Listing Day?
The IPO is listed at ₹935.00 on NSE and at ₹926.00 on BSE.
Will Vedant Fashions will list on NSE and BSE?
Yes, The IPO to list on NSE and BSE both the indices.
Should I buy Vedant Fashions shares on a listing day?
Long-term investors should buy the stock on a listing day. Stock Market investments are subject to market risks.
What is a BSE and NSE Code for the Vedant Fashions IPO?
The BSE Code is 543463 while NSE Code is MANYAVAR.
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