Vashishtha Luxury Fashion IPO subscribed 0.18x on Day 2

Vashishtha Luxury Fashion IPO subscription started on Friday, September 5, and the IPO will close on September 10, 2025, as per the schedule. The price band is set at ₹109 to ₹111 per share with a face value of ₹10.
Vashishtha Luxury Fashion IPO

Vashishtha Luxury Fashion IPO Subscription StatusĀ 

Vashishtha Luxury Fashion IPO subscribed over 0.18x on its second day till 5.00 PM on 8 September 2025.Ā 

  • Vashishtha Luxury Fashion IPO subscription QIB investors’ portion was 0.00 times, while NII subscribers subscribed 0.00 times, and RII investors subscribed 0.32 times.Ā 
  • The company has received bids for 1,33,200 shares against 7,58,400 on offer for the second-day subscription.Ā 
  • Vashishtha Luxury Fashion IPO subscribed over 0.18X on its day 2.Ā 
  • Vashishtha Luxury Fashion IPO subscribed over 0.08x on its day 1.Ā Ā 

About Vashishtha Luxury Fashion CompanyĀ 

Vashishtha Luxury Fashion Limited, founded in 2010, is one of the leading companies involved in 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 (prĆŖt-Ć -porter) segments.

The company’s product portfolio consists of clothing (includes innovative embroidery, unique materials, and designs), clothing accessories (includes headbands, handbags, earrings, brooches, and footwear), and Embroidery (includes computerized thread and sequin work, and digital printing). The company operates a sample unit in Mumbai through its subsidiary, Vashishtha Embroidery Private Limited. The company includes 26 employees as of September 30, 2024. 

Vashishtha Luxury Fashion Financial ReportĀ Ā 

The company reported revenue of ₹10.88 crores in 2025 against ₹7.45 crores in 2024. The company reported a profit of ₹1.42 crores in 2025 against a profit of ₹0.32 crores in 2024. 

Vashishtha Luxury Fashion IPO GMP:  

Vashishtha Luxury Fashion IPO GMP was ₹0 as of Monday, 8 September 2025. That indicates the IPO is trading at ₹111 with a ₹0 premium in the grey market against the issue price of ₹111.

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Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.