IPO of Vedant Fashions Limited to open on Feb 4

Last Updated January 28, 2022

New Delhi, Jan 28: Vedant Fashions Limited has planned to open its Initial Public Offering (IPO) on February 4. The Anchor Investor Bidding date will be February 3. The price band of the offer has been fixed at ₹824 to ₹866 per equity share of face of ₹1 each. Bids can be made for a minimum of 17 equity shares and in multiples of 17 Equity Shares thereafter. The offer consists 36,364,838 equity shares of face value of ₹1 each (“Equity Shares”) of the company comprising of an offer for sale of up to 36,364,838 equity shares (“Offered Shares”), comprising of up to 17,459,392 equity shares by Rhine Holdings Limited, up to 723,014equity shares by Kedaara Capital Alternative Investment Fund-Kedaara Capital AIF 1 and up to 18,182,432 equity shares by Ravi Modi Family Trust (acting through its trustee, Modi Fiduciary Services Private Limited) (together the “Selling Shareholders”). The Equity Shares offered in this Offer are proposed to be listed at both BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”, together with BSE, the “Stock Exchanges”) post the listing.

You Might Also Like

More From Related News

Latest News

IAF trainer aircraft crashes in K'taka, pilots...

Gujarat woman stripped & beaten in public, 4 a...

Amazon launches Echo Pop smart speaker in Indi...

UP Boys indulge in 'PDA' on scooty in UP distr...

Met predicts rain in several Odisha districts...

Shah announces separate judicial, CBI probes i...

Indian-American teen wins $50,000 Young Scient...

Copyright © 2022 - Summa Real Media Private Limited. All Rights Reserved.