
Financial Services · BSE
Incorporated in 2015, Vedant Asset Limited operates as a Corporate Business Correspondent (BC) for Bank of India, Jharkhand Rajya Gramin Bank, and Madhya Pradesh Gramin Bank, and also engages in mutual fund distribution through a network of over 350 Vedant Mitra partners across rural and semi-urban locations. The company manages more than ₹100 crore in assets under management (AUM) and serves over 500 clients. Vedant Mitra provides a range of services, including banking (account opening, deposits/withdrawals, and other banking services), financial services (mutual fund investments, insurance, and loans through banks and NBFCs), remittance services (Aadhaar-enabled payment systems, direct money transfers, Vedantpay), and other value-added services such as M-POS, bill payments, recharge, ticketing, and touring. The company has received multiple recognitions, including the CNBC Hall of Fame Award (2019), CNBC TV18 Best Financial Advisors Award for East (2016), CNBC TV18 Best Financial Advisor (IFA Up Country East, 2017), and the Wealth Forum Award for highest business mobilization in the Rest of East (2015).
Price Band
₹40
Issue Size
₹3.00 Cr
Lot Size
3000 shares
GMP
+40.0%
Est. Listing
₹56
at current GMP
Subscribed
49.07x
overall
Open
30 Sep 2022
Close
4 Oct 2022
Allotment
10 Oct 2022
Refund
11 Oct 2022
Demat Credit
12 Oct 2022
Listing
13 Oct 2022