Odisha News In English

Prameya English, Prameyanews.com, Odisha Latest News, Odisha News Online

BISWAS ABISWAS
oro infra
EVOS_WebBanner
BISWAS ABISWAS_WebBanner_728X90
FRO_WebBanner_728X90
Manepade_WebBanner_728X90
ADJ_WebBanner_728X90
oro infra
EVOS_WebBanner_728X90
previous arrow
next arrow

IPO of Vedant Fashions Limited to open on Feb 4

28/01/2022 at 10:02 PM

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.

   Related Posts