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Vedant Fashions Ltd IPO Details, Date, Share Price Range, Issue Size

Vedant Fashions Ltd IPO Details, Date, Share Price Range, Issue Size

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Vedant Fashions Ltd IPO Details:

Vedant Fashions Ltd has announced public offering of 156521739 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 229.00 per share. The gross proceeds of the issue are expected to be Rs 3,60,000.00 lakhs.

The company's initial public offer will open on 04 February 2022 and is expected to close on 08 February 2022, subject to customary closing conditions. The price band of the issue has been fixed at Rs 824.00-866.00 per share.

The IPO includes a fresh Issue of 36364838 Equity Shares of the Company at a price of Rs 866.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 17 shares with bids in multiples of 17.

Vedant Fashions Ltd. anticipates using the proceeds of the issue for.

ICICI SECURITIES LTD, Axis Capital Ltd., Kotak Mahindra Capital Company Ltd., IIFL Securities Limited, Edelweiss Financial Services Ltd as lead manager(s) & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.

If the Vedant Fashions Ltd Ltd is something that you’re looking to invest in come 04 February 2022, it would be a good idea to start the demat account opening process right away. Apply online IPO or Contact Libord Broking now to open demat account online within minutes.

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