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IPO

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 :  complianceofficer@manyavar.com  
Website :  www.vedantfashions.com
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 Rs866.00-0.00 Rs0.00-0.00
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 Rs866.00  
 
Projects
Listing of Shares on the Stock Exchanges
Promoted By
Ravi Modi
Shilpi Modi
Ravi Modi Family Trust
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd