Vashishtha Luxury Fashion Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 75,600 (9%) | — | ₹8 Cr |
| NII (HNI) | — | 265,200 (33%) | — | ₹294 Cr |
| Retail | — | 417,600 (52%) | — | ₹464 Cr |
| Market Maker | — | 40,800 (5%) | — | ₹5 Cr |
| Σ Total | — | 799,200 (100%) | — | ₹8,871 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹133,200 |
| Retail (Max) | 13 | 15,600 | ₹1,731,600 |
| S-HNI (Min) | 14 | 16,800 | ₹1,864,800 |
| B-HNI (Min) | 67 | 80,400 | ₹8,924,400 |
Financial Statements Amount in Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 11 | 7 | 7 |
| EBITDA | 2 | 1 | 1 |
| Profit After Tax | 1 | 0 | 1 |
| Net Worth | 5 | 2 | 1 |
| Total Assets | 9 | 8 | 7 |
| Reserves & Surplus | 3 | 1 | 0 |
| Total Borrowing | 2 | 3 | 3 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding capital expenditure requirement of the Company towards purchase of Embroidery Machines for expansion – 3.64
- 2 Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company – 2.69
- 3 General Corporate Purposes – 1.32
Company Overview
Incorporated in 2010, Vashishtha Luxury Fashion Limited is engaged in the business of exporting high fashion hand embroidery work, accessories & finished garments.
The company is a 100% Export House serving fashion brands in Europe, the UK, USA, Australia, and Turkey, offering customized apparel designs for couture and prêt-à-porter segments.
The company runs a sample unit in Mumbai through its subsidiary, Vashishtha Embroidery Private Limited,
Product Portfolio:
- Clothing:The company creates impactful, artistic garments with innovative embroidery, unique materials, and designs that celebrate individuality, craftsmanship, and creative self-expression.
- Clothing accessories: The company designs unique accessories—headbands, handbags, earrings, brooches, and footwear—blending embroidery, style, and premium materials for global clients.
- Embroidery:The company offers hand-guided embroidery, computerised thread and sequin work, and digital printing—combining craftsmanship and technology to create intricate, vibrant, and customized textile designs for modern fashion.
As of July 31, 2025, the company has 21 employees.
Competitive Strengths:
- Consistency in quality
- Rich management experience and skilled team
- Customer centric business model
- Smooth flow of operations
- Scalable business model