Vedant Fashion Limited (Manyavar) IPO

Vedant Fashions owns and operates Indian ethnic and celebration wear brands. Manyavar, the company’s flagship brand is a category leader in the branded Indian wedding and celebration wear market with a pan-India presence. The company’s other brands include Twamev, Manthan, Mohey, and Mabez, serving across men’s and women’s categories and value, mid-premium, and premium price segments.

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Date04Feb2022 - 08Feb2022
Price Range (₹)824 – 866
Minimum Order Quantity17
(D)RHPView

As of September 30, 2021, the company had 535 EBOs (exclusive brand outlets) spanning 212 cities and towns in India, and 11 EBOs overseas across the United States, Canada, and the UAE. The entire public offer of Vedant Fashions is an offer for sale of 3.63 crore equity shares from existing shareholders. Read more

Check out some recent financials figures of the company:

Financial Year Ended Revenue (₹ Millions) Profit After Tax (₹ Millions) EPS (₹)
March 2019 819.80  176.43 7.04 
March 2020 947.98  236.64 9.45 
March 2021 625.02  132.90 5.36 

How do I apply for the Vedant Fashion Limited (Manyavar) IPO?

You can apply for the Vedant Fashion Limited (Manyavar) IPO using any supported UPI app by following two steps:

  • Enter your bid on rocket
  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

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