Vedant Fashions IPO: GMP, price, other details that you should know

Here we list out important details in regard to Vedant Fashions IPO:

– Vedant Fashions IPO GMP: As mentioned earlier, Vedant Fashions IPO GMP today is ₹105 that means grey market is expecting its share listing at around ₹971 ( ₹866 + ₹105), which is around 12 per cent higher from its price band.

– Vedant Fashions IPO price band: The company management has fixed price band of the public issue at ₹824 to ₹866 per equity share.

– Vedant Fashions IPO subscription status: The public issue will open for subscription on 4th February and it will remain open for bidding till 8th February 2022.

– Vedant Fashions IPO size: Fashion company aims to raise ₹3,149.19 crore from its public offer, which is 100 per cent offer-for-sale.

– Vedant Fashions IPO lot size: A bidder will be able to apply in lots and one lot of the IPO will comprise 17 Vedant Fashions shares.

– Vedant Fashions IPO application limit: A bidder can apply for minimum opne lot whereas one applicant can apply for maximum 13 lots.

– Vedant Fashions IPO investment limit: As one bidder can apply for minimum one lot and maximum 13 lots, one can invest in this IPO with a minimum amount of ₹14,722 ( ₹866 x 17), maximum investment allowed in this IPO is ₹1,91,386 [( ₹866 x 17) x 13].

– Vedant Fashions IPO allotment date: The tentative date for share allocation is 11th February.

– Vedant Fashions IPO listing: Shares of the fashion company will be listed on both BSE and NSE.

– Vedant Fashions IPO listing date: Shares of Vedant Fashions is likely to list on 16th February 2022.