Vedant Asset Limited
ListedSMEFinancial 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
₹16
+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
Last updated 11 months ago
Live Grey Market Premium
Vedant Asset Limited GMP Today
Last updated: 27 Nov 2025
Current Premium
₹16+40.0%
Issue Price (Upper)
₹40
Band: ₹40
Estimated Listing Price
₹56
Upper price + GMP
Lot Size
3000 shares
Min investment ₹1,20,000
Estimated Profit / Lot
₹48,000
3000 × ₹16
Vedant Asset Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹16
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹16 | 40.0% | ₹56 |
| 30 Oct 2026 | +₹16 | 40.0% | ₹56 |
| 29 Oct 2026 | +₹14 | 36.0% | ₹54 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Vedant Asset Limited Public Issue & Market Profile
Vedant Asset Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹3 Crores. The shares are offered at a price band of ₹40 to ₹40 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,20,000 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.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-10-12, while un-allotted funds or UPI block mandates will be released on 2022-10-11.
Frequently Asked Questions
What is Vedant Asset Limited IPO GMP today?
The latest grey market premium for Vedant Asset Limited IPO is ₹16, which indicates an expected listing price of ₹56.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.