Vedant Fashions, known for its popular brand Manyavar, launched its Initial Public Offering (IPO) on February 4, 2022. Investors are keenly tracking the Vedant Fashions Ipo Gmp (Grey Market Premium) to gauge potential listing gains. This article provides the latest updates on Vedant Fashions IPO GMP, Kostak rates, and Subject to Sauda prices, offering a comprehensive overview for those interested in this IPO. Vedant Fashions, a leader in the Indian wedding wear market with brands like Manyavar, Twamev, Manthan, Mohey, and Mebaz, aimed to raise ₹3149 crores through this IPO, which consisted entirely of an offer for sale (OFS) of 36,354,838 equity shares. The IPO price band was fixed at ₹824 to ₹866 per equity share, with listing planned on both NSE and BSE.
Understanding Vedant Fashions IPO GMP Today
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The current Vedant Fashions IPO GMP, or grey market premium, is ₹-.
This figure represents the premium that shares of Vedant Fashions are trading at in the grey market, an unofficial market for trading IPO shares before they are officially listed on stock exchanges. The GMP is a dynamic number that fluctuates based on market sentiment and demand for the IPO. Monitoring the Vedant Fashions IPO GMP provides investors with insights into potential listing day performance.
Vedant Fashions IPO Kostak Rates Update
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The Vedant Fashions IPO Kostak rate is ₹-.
Kostak rate refers to the premium paid for an IPO application in the grey market. This is essentially the price at which investors can sell their IPO application before allotment. The Vedant Fashions IPO Kostak rate is an indicator of the grey market activity surrounding applications for this particular IPO.
Vedant Fashions IPO Subject to Sauda Price
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The Vedant Fashions IPO subject to sauda rates is ₹-.
Subject to Sauda rates represent the price at which IPO applications are traded conditionally in the grey market, contingent upon allotment. Tracking the Vedant Fashions IPO subject to Sauda rates gives another perspective on the grey market interest and expected listing gains.
Expected Returns from Vedant Fashions IPO
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The anticipated return on Vedant Fashions IPO is -%.
Based on the prevailing Vedant Fashions IPO GMP and market conditions, the expected return provides a percentage estimate of potential profit upon listing. However, it’s crucial to remember that these are grey market indicators and actual listing gains can vary.
Vedant Fashions IPO GMP Live Rates – Day-by-Day Trend
For investors tracking the Vedant Fashions IPO GMP trend, here’s a daily overview of GMP, Kostak rates, and Subject to Sauda prices during the IPO period and post-closure.
| Date | GMP | Kostak | Subject to |
|---|---|---|---|
| 15 February | ₹- | ₹- | ₹- |
| 14 February | ₹- | ₹- | ₹- |
| 13 February | ₹- | ₹- | ₹- |
| 12 February | ₹- | ₹- | ₹- |
| 11 February | ₹10 | ₹- | ₹- |
| 10 February | ₹10 | ₹- | ₹- |
| 09 February | ₹10 | ₹- | ₹- |
| 08 February | ₹10 | ₹- | ₹- |
| 07 February | ₹40 | ₹400 | ₹800 |
| 06 February | ₹40 | ₹400 | ₹800 |
| 05 February | ₹40 | ₹400 | ₹800 |
| 04 February | ₹50 | ₹400 | ₹800 |
| 03 February | ₹50 | ₹400 | ₹800 |
| 02 February | ₹40 | ₹400 | ₹800 |
| 01 February | ₹40 | ₹400 | ₹800 |
| 31 January | ₹90 | ₹400 | ₹800 |
| 30 January | ₹90 | ₹500 | ₹800 |
| 29 January | ₹90 | ₹500 | ₹800 |
| 28 January | ₹80 | ₹- | ₹- |
| 27 January | ₹80 | ₹- | ₹- |
| 26 January | ₹- | ₹- | ₹- |
| 25 January | ₹- | ₹- | ₹- |
| 24 January | ₹- | ₹- | ₹- |
| 23 January | ₹- | ₹- | ₹- |
Key Dates and Price Band of Vedant Fashions IPO
| IPO Open: | 04 February 2022 |
|---|---|
| IPO Close: | 08 February 2022** |
| IPO Size: | Approx ₹3149 Crores |
| Fresh Issue: | N/A |
| Offer for Sale: | Approx 36,354,838 Equity Shares |
| Face Value: | ₹1 Per Equity Share |
| Price Band: | ₹824 to ₹866 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
The Vedant Fashions IPO opened on 04 February 2022 and closed on 08 February 2022. The IPO size was approximately ₹3149 Crores, entirely through an offer for sale. The price band for the IPO was set at ₹824 to ₹866 Per Share.
Vedant Fashions IPO Market Lot Details for Investors
The minimum market lot for Vedant Fashions IPO was 17 shares, requiring a minimum application amount of ₹14,722. Retail investors could apply for up to 13 lots, totaling 221 shares with a maximum application amount of ₹191,386.
| Minimum Lot Size: | Minimum 17 Shares for 1 lot |
|---|---|
| Minimum Amount: | ₹14,722 for 1 lot |
| Maximum Lot Size: | Maximum 221 Shares for 13 lot |
| Maximum Amount: | ₹191,386 for 13 lot |
Vedant Fashions IPO Important Dates and Timeline
The Vedant Fashions IPO date was 04 February 2022 and the IPO closed on 08 February 2022. The basis of allotment was finalized on 11 February 2022, and the IPO was listed on 16 February 2022.
| Price Band Announcement: | 27 January 2022** |
|---|---|
| Anchor Investors Allotment: | 03 February 2022 |
| IPO Open Date: | 04 February 2022 |
| IPO Close Date: | 08 February 2022 |
| Basis of Allotment: | 11 February 2022 |
| Refunds: | 14 February 2022 |
| Credit to Demat Account: | 15 February 2022 |
| IPO Listing Date: | 16 February 2022 |
Frequently Asked Questions about Vedant Fashions IPO GMP
What is Vedant Fashions IPO GMP Today?
The Vedant Fashions IPO GMP is currently ₹-. This is a key metric for investors tracking potential listing gains.
What is Vedant Fashions IPO Kostak Rate Today?
The Vedant Fashions IPO Kostak Rate is ₹- as of today. Kostak rates reflect the premium for IPO applications in the grey market.
What is Vedant Fashions IPO Subject to Sauda Today?
Vedant Fashions IPO Subject to Sauda is currently ₹-. Subject to Sauda rates provide insights into conditional trading premiums before allotment.
What are Vedant Fashions IPO Expected Returns?
The expected returns from Vedant Fashions IPO are estimated to be -%. This is based on grey market premium trends but is not a guaranteed return.
Disclaimer: IPO Grey Market Premium (Vedant Fashions IPO GMP) information is time-sensitive and valid as per the date mentioned. We do not deal in IPO forms or grey market activities. Kostak Rate is the premium for selling an IPO application before allotment or listing. Do not base IPO subscription decisions solely on premium prices; always consider the company’s fundamentals.
