Vashishtha Luxury Fashion IPO was subscribed to overall 2.18 times on the last day, a retail quota was subscribed to over 2.16 times, NII was subscribed over 2.47 times, and QIB was subscribed 1.27 times, respectively.
Details About Vashishtha Luxury Fashion IPO
Vashishtha Luxury Fashion got approval from SEBI for an IPO of around ₹8.87 crores, an entirely fresh issue of ₹8.87 crores, with a face value of ₹10 each. Further, it had a set price band of ₹109 to ₹111 per share.
In this IPO, 2,400 shares were offered in 2 lot sizes for the retail minimum and maximum categories. Moreover, 3600 shares were in 3 lot sizes for the S-HNI category. S-HNI Maximum shares offered 8400 in the 7 lot sizes. B-HNI maximum offered 9600 shares in the 8 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,66,400.
- SHNI (S-HNI): Minimum investment of ₹3,99,600.
- S-HNI Maximum: Maximum investment of ₹9,32,400.
- B-HNI Minimum: minimum investment of ₹10,65,600.
Vashishtha Luxury Fashion IPO’s Subscription Duration
The Vashishtha Luxury Fashion IPO was opened for subscription on September 5, 2025, and closed on September 10, 2025. The Vashishtha Luxury Fashion IPO allotment date was on September 11, 2025, and they will receive a refund on September 12, 2025. The IPO’s listing date is selected on September 15, 2025.
Funds Deployment of This IPO
- Funding capital expenditure requirement of the Company towards purchase of Embroidery Machines for expansion
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
- General Corporate Purposes
About Vashishtha Luxury Fashion Company
Vashishtha Luxury Fashion Limited is one of the leading firms in terms of exporting high fashion hand embroidery work, accessories & finished garments. Europe, the UK, the USA, Australia, and Turkey are some of the countries where the company supplies its products. Vashistha Luxury provides customized apparel designs for couture and ready-to-wear (prêt-à-porter) segments.
The company offers a range of products, including clothing (with unique embroidery, materials, and designs), accessories (like headbands, handbags, earrings, brooches, and footwear), and embroidery services (such as computerized thread work, sequin work, and digital printing). It runs a sample unit in Mumbai through its subsidiary, Vashishtha Embroidery Private Limited. As of September 30, 2024, the company has 26 employees.
Financial Resort of the Vashishtha Luxury Fashion Company
In 2025, the company reported a revenue of ₹10.88 crores, up from ₹7.45 crores in 2024. Its profit also saw a significant jump, rising to ₹1.42 crores in 2025 compared to ₹0.32 crores in the previous year.
