Vashishtha Luxury Fashion IPO is a book-built issue, aiming to raise ₹8.87 crore. It comprises a fresh issue of 7.99 lakh equity shares. The bidding window was open from September 5, 2025, to September 10, 2025, with the IPO allotment to be finalised on September 11, 2025. Vashishtha Luxury Fashion is scheduled to list on BSE SME on September 15, 2025.
The IPO was priced at ₹109-₹111 per share with a lot size of 2,400 shares for retail investors, amounting to ₹2,66,400 at the upper price band. The public issue received bids for 16.51 lakh shares against 7.58 lakh shares available, resulting in an overall subscription of 2.18 times. Non-Institutional Investors (NIIs) subscribed 2.47 times their quota, followed by retail investors at 2.16 times, while QIBs subscribed 1.27 times.
Vashishtha Luxury Fashion’s ₹8.87 crore IPO, priced at ₹109-₹111 per share, was subscribed 2.18 times overall. The IPO consists solely of a fresh issue of 7.99 lakh equity shares. Bidding took place from September 5 to September 10, 2025, with the Vashishtha Luxury Fashion IPO allotment status on September 11, 2025. Retail investors subscribed 2.16 times and NIIs 2.47 times. Listing is expected on September 15, 2025.
The table below breaks down the Vashishtha Luxury Fashion share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 40,800 (5.11%) |
| QIB Shares Offered | 75,600 (9.46%) |
| NII (HNI) Shares Offered | 2,65,200 (33.18%) |
| − bNII > ₹10L | 1,76,400 (22.07%) |
| − sNII < ₹10L | 88,800 (11.11%) |
| Retail Shares Offered | 4,17,600 (52.25%) |
| Total Shares Offered | 7,99,200 (100.00%) |
Data Source: BSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 1.27 |
| Non-Institutional Investors | 2.47 |
| Retail Individual Investors | 2.16 |
| Total | 2.18 |
Note: The subscription details are as of September 10, 2025
Vashishtha Luxury Fashion Limited was incorporated in 2010 and is engaged in the export of high fashion hand embroidery work, accessories, and finished garments. The company operates as a 100% Export House, catering to leading fashion brands in Europe, the UK, USA, Australia, and Turkey. It focuses on providing customised apparel designs for couture and prêt-à-porter segments.
The company runs a sample unit in Mumbai through its subsidiary, Vashishtha Embroidery Private Limited. Its product portfolio includes artistic garments with innovative embroidery, handcrafted clothing accessories such as handbags and footwear, and intricate textile designs blending traditional embroidery with modern technology.
Vashishtha Luxury Fashion emphasises creativity and craftsmanship in its offerings, delivering high-quality products to global clients. As of July 31, 2025, the company employed 21 people.
The company’s competitive strengths include consistency in quality, a skilled management team, a customer-centric business model, smooth operations, and scalability. These strengths enable it to serve global fashion brands with customised solutions.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 10, 2025, 8:06 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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