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January 31, 2022
IPO Alert: Vedant Fashions Ltd. (Manyavar)
Vedant Fashions is the largest company in India in the men’s Indian wedding and celebration wear segment in terms of revenue. The brand ‘Manyavar’ is a category leader in the branded Indian wedding and celebration wear market with a pan-India presence. VFL offers a one-stop destination for every celebratory occasion and aims to deliver an aristocratic yet seamless purchase experience.
| Bid/Offer Opens On | Friday, 04-Feb-22 |
| Bid/Offer Closes On | Tuesday 08-Feb-22 |
| Price Band | Rs. 824 - Rs. 866 per equity share |
| Lot Size | 17 Shares |
The below table has important dates with respect to the IPO allotment and listing.
| Finalization of Basis of Allotment | 11-Feb-22 |
| Initiation of Refunds | 14-Feb-22 |
| Credit of Shares to Demat Acct | 15-Feb-22 |
| IPO Shares Listing Date | 16-Feb-22 |
| UPI mandate expiry date | 17-Feb-22 |
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
