About the Company
Vashishtha Luxury Fashion, originally started as Vashishtha Exports in 2010, is a Mumbai-based company known for high-end hand embroidery, luxury garments, and fashion accessories. It works mainly for international couture and prêt-à-porter brands across Europe, USA, UK, Australia, and Turkey.
Quick Summary
| Detail | Information |
|---|---|
| Issue Size | ₹8.71 – ₹8.87 crore |
| Shares Offered | 7,99,200 (Fresh issue) |
| Price Band | ₹109 – ₹111 |
| Lot Size | 1,200 shares |
| Minimum Investment | ₹1.33 lakh approx. |
| Opening Date | 5 Sept 2025 |
| Closing Date | 10 Sept 2025 |
| Listing Date | 15 Sept 2025 (BSE SME) |
| FY25 Revenue | ₹10.88 crore |
| FY25 Profit | ₹1.42 crore |
IPO Highlights
- IPO Type: Book Built Issue (SME IPO)
- Total Issue Size: 7,99,200 equity shares (fresh issue only)
- Issue Value: Around ₹8.71 crore – ₹8.87 crore
- Face Value: ₹10 per share
- Price Band: ₹109 – ₹111 per share
- Lot Size: 1,200 shares
- Minimum Investment: About ₹1.33 lakh
Key Dates
- IPO Opens: 5 September 2025
- IPO Closes: 10 September 2025
- Allotment Finalisation: 11 September 2025
- Refunds / Share Credit: 12 – 14 September 2025
- Listing Date: 15 September 2025 (BSE SME platform)
Fund Utilisation
- Purchase of embroidery machines (~₹3.64 crore)
- Repayment of borrowings (~₹2.69 crore)
- General corporate purposes and IPO expenses (~₹2.54 crore)
Financial Performance
- FY 2024 Revenue: ₹7.45 crore
- FY 2024 Profit After Tax: ₹0.32 crore
- FY 2025 Revenue: ₹10.88 crore
- FY 2025 Profit After Tax: ₹1.42 crore
Share Allocation
- Retail Investors (RII): ~52%
- Non-Institutional Investors (NII): ~33%
- Qualified Institutional Buyers (QIBs): ~9%
- Market Maker: ~5%
For allotment status go to https://ipostatus.kfintech.com/ or https://www.bseindia.com/static/investors/application_statuschecksystem.aspx
