• SMC open account icon Open an A/C
    • Open an A/C
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c
Select Items

IPO Synopsis

Vedant Fashions Ltd
Registered Office: Paridhan Garment Park A501-502,19 Canal South Rd SDF-1 4th Fl , Kolkata - 700015 , West Bengal , India.
Phone : 91-33-61255495   Fax:
Email :  
Website :
Initial public offering of 36,364,838 equity shares of face value of Re. 1 each ("Equity Shares") of the company for cash at a price of (Rs)866 per equity share ("Offer Price") aggregating to (Rs)3149.19* crores ("Offer"). the offer comprises of an offer for sale of 36,364,838 equity shares ("Offered Shares") aggregating to (Rs)3149.19* crores, comprising of 17,459,392 equity shares aggregating to (Rs)1511.98* crores by Rhine Holdings Limited, 723,014 equity shares aggregating to (Rs)62.61* crores by Kedaara Capital Alternative Investment Fund-Kedaara Capital AIF 1 and 18,182,432 equity shares aggregating to (Rs)1574.60* crores by Ravi Modi Family Trust (acting through its trustee, Modi Fiduciary Services Private Limited) (together the "Selling Shareholders" and such offer, the "Offer for Sale"). The offer shall constitute 14.98% of the post-offer paid-up equity share capital of the company. *Subject to finalisation of the basis of allotment. The cash price at (Rs)866 i.e. 866 times of the face value. Bids can be made for a minimum of 17 equity shares and in multiples of 17 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
04-Feb-22 08-Feb-22 (Rs)866.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :17  Further Multiples of :17

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00 Axis Capital Ltd
Project Financed through Current Offer 3149.19  
Post Issue Equity Share Capital 24.27  
Issue Price (Rs)866.00  
Listing of Shares on the Stock Exchanges
Promoted By
Ravi Modi  
Shilpi Modi  
Ravi Modi Family Trust  
Listing At
Registrar to the Issue
No Data Found.

Follow us:

  • fb icon
  • Twitter icon
  • Linkedin
  • you tube
  • Instagram


SMC Global Securities Ltd | CIN : L74899DL1994PLC063609 | Registered Office: 11/6B, Shanti Chamber, Pusa Road, Delhi-110005. | Tel +91-11-30111000 | Compliance Officer: Mr. Ashok Kumar Aggarwal | Tel 011-30111000 Extn. 170 || Customer Care Email –| Complaint Email –| website:

SEBI Reg. No. INZ000199438, Member: NSE (07714), BSE (470), MSEI (1002), MCX (8200) & NCDEX (00021). DP SEBI Regn. No. CDSL/NSDL-IN-DP-130-2015, SMC Research Analyst Registration- INH100001849, Mutual Funds Distributor ARN No. 29345. •Insurance services are offered through SMC Insurance Brokers Pvt. Ltd. IRDAI Regn. No: DB 272/04 License No. 289 Valid upto 27/01/2026. • Real Estate Advisory services are offered through SMC Real Estate Advisors Pvt. Ltd.

Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Mutual Fund investments are subject to market risks. Read all scheme related documents carefully. PMS is not offered in commodity derivative segment. Insurance is the subject matter of solicitation. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. The price, value of and income from any of the securities or financial instruments mentioned in this report can fall as well as rise.The securities are quoted as an example and hot as a recommendation.

By submitting your details to SMC, you are authorizing us to send promotional communication through Call/Email/SMS/Whatsapp even though you may be registered under DND.


Toll-free : 1800-11-0909

Plus Minus 
Copyright ©2016-2024 SMC. All Rights Reserved | Disclaimer | Privacy Policy | Copyright| Testimonials| Sitemap| Grievance|Terms And Conditions| design agency: triverse| Powered by C-MOTS Infotech (ISO 9001:2015 certified)

Open my trading account now!  X 

* All fields are compulsory