Vedant Fashions unveils ₹3,150-crore IPO

Jan 29, 2022
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The worth band has been fastened at ₹824 to ₹866 per fairness share of face of ₹1 every.

Vedant Fashions Restricted, which owns the Manyavar model, has unveiled a ₹3,150-crore IPO. The share sale will open on February 4.

The worth band has been fastened at ₹824 to ₹866 per fairness share of face of ₹1 every. Bids could be made for at least 17 fairness shares and in multiples of 17 thereafter. The IPO consists of 36,364,838 fairness shares of face worth of ₹1 every for supply on the market by promoting shareholders together with Rhine Holdings Ltd., Kedaara Capital Various Funding Fund-Kedaara Capital AIF 1, and Ravi Modi Household Belief.


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