Vedant Asset IPO Date, GMP, Price, Review, Allotment

Vijay Prajapati
October 12, 2022

Vijay Prajapati

Vedant Asset IPO date is fixed, The IPO will open on Septemerb 30 and will close on October 4. Vedant Asset is a BSE SME IPO to raise ₹3.00 crores via IPO. The Vedant Asset IPO price band is fixed at ₹40 with a market lot of 3000 shares.

Vedant Asset Limited is a leading financial services network. They handle more than 100 Crore’s of AUM and over 500 Clients. We offer an array of services ranging from Mutual Funds to Investments, Insurance, Loans, Payments, etc.

The company offers services like Banking Services, Financial Services, Remittance Services, and Other Value-added Services like M-POS (PAN & Adhaar), Bill Payments & recharge, Ticketing, and Touring. The company became a winner of the CNBC Hall of Fame Award for the year 2019, Winner of CNBC TV18 Best financial advisors award for East 2017, Winner of CNBC TV 18 Best financial advisor (IFA Up country East) 2016, and One of the largest mobilization of AUM (Asset under management in Jharkhand), and more.

Objects of the Issue:

Financing the expenditure for Business Expansion.
To meet working capital requirements.
To meet issue expenses.
General Corporate Purposes.

Vedant Asset IPO Review

Avoid

Vedant Asset IPO GMP Live Rates day by day with Kotak rates.

Date	GMP	Kostak	Subject to
12 October	₹15	₹-	₹45000

Vedant Asset IPO Date & Price Band Details

Vedant Asset IPO Open:	September 30, 2022
Vedant Asset IPO Close:	October 4, 2022
Vedant Asset IPO Size:	Approx ₹3.00 Crores, 750,000 Equity Shares
Face Value:	₹10 Per Equity Share
Vedant Asset IPO Price Band:	₹40 Per Equity Share
Vedant Asset IPO Listing on:	BSE SME
Retail Quota:	50% of the net offer
NII Quota:	50% of the net offer
DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	Click Here

Vedant Asset IPO Market Lot

The Vedant Asset IPO minimum market lot is 3000 shares with a ₹120,000 application amount.

Minimum IPO Lot Size:	Minimum 3000 shares for 1 lot
Minimum Amount:	₹120,000 for 1 lot

Vedant Asset IPO Dates

The Vedant Asset IPO date is September 30 and the IPO close date is October 4 The IPO allotment date is October 10 and the IPO might list on October 12.

Vedant Asset IPO Open Date:	September 30, 2022
Vedant Asset IPO Close Date:	October 4, 2022
Basis of Allotment:	October 10, 2022
Refunds:	October 11, 2022
Credit to Demat Account:	October 12, 2022
Vedant Asset IPO Listing Date:	October 12, 2022

You can check Vedant Asset IPO subscription status and Vedant Asset IPO allotment status on their respective pages.

Vedant Asset IPO Form

How to apply Vedant Asset IPO? You can apply Vedant Asset IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Vedant Asset IPO in the Invest section. The other option you can apply Vedant Asset IPO via IPO forms download via the BSE website. Check out the Vedant Asset forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.

Vedant Asset Company Financial Report

₹ in Crores
	Revenue	Expense	PAT
2020	₹0.61	₹0.57	₹0.03
2021	₹1.13	₹1.02	₹0.09
2022	₹1.67	₹1.49	₹0.14

Vedant Asset IPO Valuation – FY2022

Check Vedant Asset IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):	₹0.69 per Equity Share
Price/Earning P/E Ratio:	N/A
Return on Net Worth (RoNW):	6.05%
Net Asset Value (NAV):	₹11.34 per Equity Share

Peer Group

Company Promoters

Mr. Lallit Tripathi
Mrs. Priyanka Maheshwari

Vedant Asset IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Vedant Asset IPO Allotment Status

Check Vedant Asset IPO allotment status on Bigshare website URL. Click Here

Vedant Asset IPO Lead Managers

Hem Securities Limited

Company Address

Vedant Asset Limited
3 rd Floor, Gayways House,
Pee Pee Compound,
Ranchi, Jharkhand 834001
Phone: +91 0651-3594782
Email: [email protected]
Website: http://www.vedantasset.com/

Vedant Asset IPO FAQs

What is Vedant Asset IPO?

Vedant Asset IPO is a BSE SME IPO. They are going to raise ₹3.00 Crores via IPO. The issue is priced at ₹40 per equity share. The IPO is to be listed on BSE.

When Vedant Asset IPO will open?

The IPO is to open on September 30, 2022 for NII, and Retail Investors.

What is Vedant Asset IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Vedant Asset IPO?

You can apply Vedant Asset IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Vedant Asset IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Vedant Asset”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Vedant Asset IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Vedant Asset”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Vedant Asset IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Vedant Asset”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Vedant Asset IPO Size?

Vedant Asset IPO size is ₹3.00 crores.

What is Vedant Asset IPO Price Band?

Vedant Asset IPO Price Band is ₹40 per equity share.

What is Vedant Asset IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 shares with ₹120,000.

What is Vedant Asset IPO Allotment Date?

Vedant Asset IPO allotment date is October 10, 2022.

What is Vedant Asset IPO Listing Date?

Vedant Asset IPO listing date is October 12, 2022. The IPO to list on BSE SME.

Note: The Vedant Asset IPO details are announced officially. The IPO grey market premium (Vedant Asset IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

Share the Post: