Vashishtha Luxury Fashion Limited IPO

Vashishtha Luxury Fashion Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹109 - ₹111

Total Issue

₹8.87 Cr

Bid Dates

05 Sep - 10 Sep

Subscription

2.12x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Vashishtha Luxury Fashion Limited is engaged in the business of exporting high-fashion hand embroidery, accessories, and finished garments, and is recognized as a trusted partner by international designers, fashion houses, and boutiques. The company specializes in intricate craftsmanship and caters to both couture and prêt-à-porter segments, offering customized designs tailored to client requirements in the textile and apparel industry. With a strong global footprint, it serves leading fashion brands across Europe, the UK, the USA, Australia, and other international markets, consistently delivering premium quality and innovative fashion solutions.

Lot Info

Lot Information for Vashishtha Luxury Fashion IPO
Category Lots Shares Amount
Individual (Min) 2 2,400 ₹2,66,400
Individual (Max) 2 2,400 ₹2,66,400
S-HNI (Min) 3 3,600 ₹3,99,600
S-HNI (Max) 7 8,400 ₹9,32,400
B-HNI (Min) 8 9,600 ₹10,65,600
Market Maker
40,800 EQ Shs
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹8.87 Cr
Fresh Issue
₹8.87 Cr (0.08 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹111
Est. Gain 0.00%

Vashishtha Luxury Fashion IPO Peer Comparison

There are no listed companies in India whose business portfolio is comparable with that of our business and comparable to our scale of operations

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Vashishtha Luxury Fashion IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 10.64 7.14 6.12
Profit after Tax 1.53 0.32 1.05
Net Worth 4.75 1.78 1.47
Total Borrowing 1.81 3.26 3.44
Total Assets 8.39 7.89 7.41
NAV per share (in ₹) 33.85 15.98 13.23
EPS - Basic (in ₹) 10.92 2.87 9.41

KPIs

EBITDA

22.08%

PAT

14.14%

ROE

28.28%

ROCE

31.43%

Debt to Equity

0.34

PE Ratio

10.16

PB Ratio

3.28

Mkt Cap (in Crs.)

26.16

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

100.00%

Public

0.00%

Mustak Odiya 49.99%
Ravi Dhareshivkar 49.99%
Others 0.02%

Management

Ravindra Dhareshivkar Managing Director
Anasuya Banerjee CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 10 Sep 2025 | 05:00:00 PM

BSE SME Subscription Status for Vashishtha Luxury Fashion IPO
Category Sub (x) Offered Bids
QIB 1.27x 75,600 96,000
NII 2.47x 2,65,200 6,55,200
bHNI 2.63x 1,76,400 4,63,200
sHNI 2.16x 88,800 1,92,000
Individual Investor 2.16x 4,17,600 9,00,000
Total 2.18x 7,58,400 16,51,200

Frequently Asked Questions

What is Vashishtha Luxury Fashion IPO?
Vashishtha Luxury Fashion IPO is a SME IPO having an issue size of ₹8.87 Crs. Vashishtha Luxury Fashion IPO is priced at ₹109 - ₹111 per share. The issue opens on 05 Sep 25 and closes on 10 Sep 25.
When will Vashishtha Luxury Fashion IPO open?
Vashishtha Luxury Fashion IPO opens on 05 Sep 25 and closes on 10 Sep 25.
What is the GMP of Vashishtha Luxury Fashion IPO?
The estimated Grey Market Premium of Vashishtha Luxury Fashion IPO is ₹0 per share (0.00%).
What is the lot size of Vashishtha Luxury Fashion IPO?
The minimum lot size of Vashishtha Luxury Fashion IPO is 1200 shares & the minimum application amount is Rs. 133200.
When is the allotment of Vashishtha Luxury Fashion IPO?
The allotment date of Vashishtha Luxury Fashion IPO is 11 Sep 25.
What is the listing date of Vashishtha Luxury Fashion IPO?
The listing date of Vashishtha Luxury Fashion IPO is 15 Sep 25.
What is the subscription of Vashishtha Luxury Fashion IPO?
Vashishtha Luxury Fashion IPO is subscribed 2.12 times.
What is the price band of Vashishtha Luxury Fashion IPO?
Vashishtha Luxury Fashion IPO is priced at ₹109 - ₹111 per share.
How to check allotment status of Vashishtha Luxury Fashion IPO?
Click the allotment link on Vashishtha Luxury Fashion IPO page of IPO360.
How to apply Vashishtha Luxury Fashion IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Vashishtha Luxury Fashion IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Vashishtha Luxury Fashion IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Vashishtha Luxury Fashion IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date