
Consumer Goods / Apparel · BSE
Vashishtha Luxury Fashion Limited, incorporated in 2010, is engaged in exporting high-fashion hand embroidery, accessories, and finished garments. Recognized as a 100% Export House, the company serves leading fashion brands in Europe, the UK, USA, Australia, and Turkey, offering customized designs for both couture and prêt-à-porter segments. It operates a sample unit in Mumbai through its subsidiary, Vashishtha Embroidery Private Limited. Its product portfolio includes artistic garments with innovative embroidery and unique materials, fashion accessories such as headbands, handbags, earrings, brooches, and footwear, as well as intricate embroidery services ranging from hand-guided embroidery to computerized sequin work and digital printing. Combining craftsmanship with technology, the company emphasizes creativity, individuality, and premium quality in its offerings. As of September 30, 2024, it employed 26 people.
Price Band
₹109 – ₹111
Issue Size
₹8.87 Cr
Lot Size
1200 shares
GMP
+7.2%
Est. Listing
₹119
at current GMP
Subscribed
2.23x
overall
Open
5 Sep 2025
Close
10 Sep 2025
Allotment
11 Sep 2025
Refund
12 Sep 2025
Demat Credit
13 Sep 2025
Listing
15 Sep 2025
Designated Registrar: Bigshare Services Private Limited
Allotment Date
11 Sep 2025
Basis finalization
Refunds Initiate
12 Sep 2025
Mandate release
Demat Credit
13 Sep 2025
Shares in demat
Listing Debut
15 Sep 2025
Trading begins
Vashishtha Luxury Fashion Limited is bringing an initial public offering (IPO) in the Consumer Goods / Apparel sector with an aggregate issue size of ₹8.87 Crores. The shares are offered at a price band of ₹109 to ₹111 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,33,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-09-13, while un-allotted funds or UPI block mandates will be released on 2025-09-12.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.