Manyavar owner-Vedant Fashions IPO: Stock listing on Feb 16

Manyavar owner-Vedant Fashions IPO: Stock listing on Feb 16

10 February 2022, Mumbai:

Manyavar owner-Vedant Fashions IPO share allotment is likely to be finalized on Friday (11 February 2022).

The initiation of refunds or unblocking of funds from the ASBA account will take place on 14 February, and the equity shares will be credited to depository accounts of allottees on 15 February 2022.

Manyavar, Vedant Fashions: Last Day of IPO

The equity shares of vedant Fashions will make their stock market debut on 16th February 2022. The Rs 3,149 crore Vedant Fashions IPO received an overwhelming response by the investors as it got subscribed 2.57 times on the final day.

In the grey market, Vedant Fashions shares were quoting at a premium of Rs 6 per share over the IPO price of Rs 866 apiece.

ALSO READ: Manyavar, Vedant Fashions: Last Day of IPO

Vedant Fashions shares were seen trading at Rs 872 apiece, a 0.6 per cent premium in the grey market, over the issue price, according to the people who deal in shares of unlisted companies. The IPO investors can check the IPO allotment status via BSE and the registrar’s websites.

The registrar of the issue is Kfin Technologies Private Ltd, a SEBI-registered entity, responsible for the IPO allotment and refund processing.

 

Latest Fashion News 

Follow us on Linkedin & Youtube.

Subscribe to our newsletter.

Powered by:

Virtual Fashion

*Figures mentioned in the above article have been sourced from Financial Express article. 

 

 

Author’s Posts

  • Tamil Nadu Textile Sector Begins Strong Recovery

    Tamil Nadu Textile Industry Shows Signs of Recovery
    After ...

    May 22, 2025

  • Shahid Kapoor Joins Taapsee Pannu for Vogue Eyewear India

    BRAND ANNOUNCEMENT | VOGUE EYEWEAR WELCOMES SHAHID KAPOOR, WHO JOINS TAAPSEE PANNU AS ITS BRAND AMBAS...

    May 22, 2025

  • 3rd Morocco International Yarn & Fabric Sourcing Show 2025

    3rd Morocco International Yarn & Fabric Sourcing Show 2025

    May 13, 2025

  • India’s Apparel Exports: Big Potential, Low Share

    Despite having the world’s second-largest vertically integrated textile industry, India’s share...

    May 05, 2025

  • CITI: India must engage U.S. on tariffs

    "Bridging the Information Gap in the Textile and Fashion Industry."

    DFU
    Inside Fashion Vol. 23 No. 2
    Azad
    EasiTex