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Vedant Fashions Ltd

Vedant Fashions Ltd

    Registered Office : Paridhan Garment Park A501-502,19 Canal South Rd SDF-1 4th Fl,Kolkata West Bengal 700015 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

Opens On

Closes On

04-Feb-2022

08-Feb-2022

Money Payable On

Application

Allotment

866.00

0.00

Minimum Application for shares in Nos : 17.0 Further Multiples of : 17.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

3,149.19

24.27

866.00

Axis Capital Ltd

Edelweiss Financial Services Ltd

ICICI Securities Ltd

IIFL Securities Ltd

Kotak Mahindra Capital Company Ltd

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