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 OnFriday, 04-Feb-22
Bid/Offer Closes OnTuesday 08-Feb-22
Price BandRs. 824 - Rs. 866 per equity share
Lot Size17 Shares

How to apply via Web Platform

The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment11-Feb-22
Initiation of Refunds14-Feb-22
Credit of Shares to Demat Acct15-Feb-22
IPO Shares Listing Date16-Feb-22
UPI mandate expiry date17-Feb-22

How to Check Allotment Status

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.

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