Vashishtha Luxury Fashion IPO Details

SME

Vashishtha Luxury Fashion IPO opens for subscription on 05 Sep 2025 and closes on 10 Sep 2025. The IPO will be listed on BSE with the tentative listing date set for 15 Sep 2025.

Vashishtha Luxury Fashion IPO price band has been fixed at ₹109 – ₹111 per share.The face value is ₹10 per share with a lot size of 1200.

Vashishtha Luxury Fashion IPO total issue size comprises 7,99,200 shares (aggregating up to ₹8.87 Cr). This includes a fresh issue of 7,99,200 shares (aggregating up to ₹8.87 Cr). Pre-issue shareholding stands at 15,57,558, which will increase to 23,56,758 post-issue.

Vashishtha Luxury Fashion IPO carries a ₹8 (7.21%) GMP, reflecting investor sentiment.

Vashishtha Luxury Fashion IPO Lot Size : Individual Minimum is 2 lots (2,400 shares) amounting to ₹266,400. Individual Maximum is 2 lots (2,400 shares) amounting to ₹266,400. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹399,600. SHNI Maximum is 7 lots (8,400 shares) amounting to ₹932,400. BHNI Minimum is 8 lots (9,600 shares) amounting to ₹1,065,600.

The Lead Managers for Vashishtha Luxury Fashion IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Expert Global Consultants Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Nirman Share Brokers Pvt Ltd. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Vashishtha Luxury Fashion Limited RHP.

Vashishtha Luxury Fashion IPO Details

Listing Price : ₹118 at a Premium of 6.31%
Open Date
05 Sep 2025
Close Date
10 Sep 2025
Listing Date
15 Sep 2025
Issue Price
₹109 - ₹111
Face Value
₹10 per share
Lot Size
1200
GMP
₹8 (7.21%)
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
15,57,558 shares
Share holding post issue
23,56,758 shares
Total Issue Size
7,99,200 shares (aggregating up to ₹8.87 Cr)
Fresh Issue
7,99,200 shares (aggregating up to ₹8.87 Cr)
Offer for Sale
-

Vashishtha Luxury Fashion IPO Subscription

Vashishtha Luxury Fashion IPO Application Wise Breakup

Vashishtha Luxury Fashion IPO Dates

  • 05 Sep 2025
    Opening dateOpen
  • 10 Sep 2025
    Closing dateClose
  • 11 Sep 2025
    Allotment Date Allotment
  • 12 Sep 2025
    Initiation of RefundsRefund
  • 12 Sep 2025
    Credit of SharesCredit
  • 15 Sep 2025
    Listing dateListing

Vashishtha Luxury Fashion IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum22400₹266,400
Individual Maximum22400₹266,400
SHNI Minimum33600₹399,600
SHNI Maximum78400₹932,400
BHNI Minimum89600₹1,065,600

Vashishtha Luxury Fashion IPO Reservation

Promoter Holding

Pre Issue:100.00%
Post Issue:66.08%
Promoter Names:
Mr. Ravindra Dhareshivkar, Mr. Mustak Odiya, Ms. Archana Odiya

Vashishtha Luxury Fashion IPO Valuations

ROE:28.28%
ROCE:31.43%
DEBT/EQUITY:0.34
RONW:64.49%
PAT MARGIN:14.14%
PRICE TO BOOK VALUE:6.95
EPS Pre IPO:9.14
EPS Post IPO:6.04
P/E Pre IPO:12.14
P/E Post IPO:18.38

Vashishtha Luxury Fashion Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets9.007.897.41
Total Income10.887.456.86
Profit After Tax1.420.321.05
EBITDA2.070.731.27
Net Worth4.641.781.47
Reserves and Surplus3.080.670.36
Total Borrowing2.073.263.44
Amount in ₹ Crore

About Vashishtha Luxury Fashion IPO

Incorporated in 2010, Vashishtha Luxury Fashion Limited is engaged in the business of exporting high fashion hand embroidery work, accessories & finished garments.

The company is a 100% Export House serving fashion brands in Europe, the UK, USA, Australia, and Turkey, offering customized apparel designs for couture and prêt-à-porter segments.

The company runs a sample unit in Mumbai through its subsidiary, Vashishtha Embroidery Private Limited,

Product Portfolio:

  • Clothing:The company creates impactful, artistic garments with innovative embroidery, unique materials, and designs that celebrate individuality, craftsmanship, and creative self-expression.
  • Clothing accessories: The company designs unique accessories—headbands, handbags, earrings, brooches, and footwear—blending embroidery, style, and premium materials for global clients.
  • Embroidery:The company offers hand-guided embroidery, computerized thread and sequin work, and digital printing—combining craftsmanship and technology to create intricate, vibrant, and customized textile designs for modern fashion.

As September 30, 2024, the company has 26 employees.

 

Strength Of Vashishtha Luxury Fashion IPO

1. Consistency in Quality.

2. Rich Management Experience and Skilled Team.

3. Customer Centric Business Model.

4. Smooth Flow of Operations.

5. Scalable Business Model.

Risk Of Vashishtha Luxury Fashion IPO

1. We have a limited operating history and may be subject to risks inherent in early-stage companies, which may make it difficult for investors to evaluate our business and prospects.

2. Incomplete regulatory and other compliance during transition from Partnership Firm to a Company which can affect overall aspects of our Company.

3. Our company relies heavily on its subsidiary, Vashishtha Embroidery Private Limited, and the Promoter Group Entity, Anas Embroidery, for all manufacturing-related activities.

4. Our Company's subsidiary Vashishtha Embroidery Private Limited and Promoter Group Entity Anas Embroidery does not possess quality control certification from any recognized authority.

5. There have been some instances of delays in filing of statutory and regulatory dues in the past with the various government authorities.

6. There have been instances of delayed filings and erroneous filings of certain forms which were required to be filed as per the reporting requirements under the Companies Act, 2013 to ROC.

7. We require certain approvals and licenses in the ordinary course of business and are required to comply with certain rules and regulations to operate our business, and the failure to obtain, retain and renew such approvals and licenses or comply with such rules and regulations, and the failure to obtain or retain them in a timely manner or at all may adversely affect our operations.

8. There are certain outstanding legal proceedings involving our Company, Promoter and Director, Subsidiaries/Group Companies, KMPs and SMPs an adverse outcome of which may adversely affect our business, reputation and results of operations.

9. Our business is subject to seasonality. Lower revenues in the festive period of any Fiscal may adversely affect our business, financial condition, results of operations and prospects.

10. We typically work on a buy order basis with our clients, and the majority of them do not sign long-term contracts. Our business, prospects, operational outcomes, and financial situation could all suffer if we are unable to uphold our ties with our customers.

Objectives Vashishtha Luxury Fashion IPO

1. Funding capital expenditure requirement of the Company towards purchase of Embroidery Machines for expansion

2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company

3. General Corporate Purposes

Company Contact Details

Vashishtha Luxury Fashion Ltd.

307 and 308, Sun Industrial Estate,

Sun Mill Compound Lower Parel West,

Delisle Road,

Mumbai, Maharashtra, 400013

Phone: +91 22 4972 3618

Email: cs@vashishthaluxuryfashion.c

Website: https://vashishthaluxuryfashion.com/

Registrar Contact Details

Name: Bigshare Services Pvt Ltd
Phone: +91-22-62638200

Vashishtha Luxury Fashion IPO - FAQs

The Vashishtha Luxury Fashion IPO is a SME public issue comprising 799200 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹8.87 Cr. The issue price has been fixed at ₹111 per equity share, and the minimum application size is 1200 shares.

The IPO opens for subscription on 05 Sep 2025, and closes on 10 Sep 2025.

Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Vashishtha Luxury Fashion IPO opens on 05 Sep 2025.

Vashishtha Luxury Fashion IPO lot size is 1200, and the minimum amount required for application is ₹133200.

You may apply for the Vashishtha Luxury Fashion IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Vashishtha Luxury Fashion IPO is scheduled to be finalized on 11 Sep 2025. Subsequently, the shares allotted will be credited to investors’ demat accounts by 12 Sep 2025. Investors are advised to regularly check the Vashishtha Luxury Fashion IPO allotment status for updates.

The listing date for the Vashishtha Luxury Fashion IPO has not yet been officially announced. However, the tentative listing date is scheduled for 15 Sep 2025.

Vashishtha Luxury Fashion IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹8 (7.21%).

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