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January 31, 2022
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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

How to apply via Web Platform

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

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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