Vedanta Fashions IPO It is going to open for bidders on 4th February 2022 and will be open for subscription till 8th February 2022. price band of public issue price 3,149.19 crore has been fixed from 824 866 per equity share and it will be 100 per cent Offer for Sale (OFS) in nature. According to market experts, Vedanta Fashion is available at a premium to the stock. 105.
Here we list down important details regarding Vedanta Fashion IPO:
– Vedanta Fashion IPO GMP: As mentioned earlier, Vedanta Fashion’s IPO GMP today is 105 means gray market is expecting its share listing 971 ( 866 + 105), which is about 12 per cent higher than its price band.
– Vedanta Fashion IPO Price Band: The company management has fixed the price band for the public issue: from 824 866 per equity share.
– Vedanta Fashion IPO Membership Status: The public issue will open for subscription on February 4 and will be open for bidding till February 8, 2022.
– Vedanta Fashion IPO Size: The fashion company aims to raise 3,149.19 crore from its public offer, which is 100% offer for sale.
– Vedanta Fashion IPO Lot Size: One bidder will be able to apply in lots and one lot of IPO will comprise of 17 Vedanta Fashion shares.
– Vedanta Fashion IPO Application Range: A bidder can apply for minimum open lots while an applicant can apply for maximum 13 lots.
– Vedanta Fashion IPO Investment Range: Since a bidder can apply for a minimum of one lot and a maximum of 13 lots, one can invest in this IPO with a minimum amount 14,722 ( 866 x 17), maximum investment allowed in this IPO 1,91,386 [( ₹866 x 17) x 13],
– Vedanta Fashion IPO Allotment Date: The tentative date for allotment of shares is February 11.
– Vedanta Fashion IPO Listing: The shares of the fashion company will be listed on both BSE and NSE.
– Vedanta Fashion IPO Listing Date: The shares of Vedanta Fashion are likely to be listed on 16 February 2022.
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