IPO

Vashishtha Luxury Fashion Limited IPO

BSE SME

Listed On: Sep 15, 2025 at ₹ 118.0

₹ 266400 /2400 Shares
*Min Investment

Check Allotment

05 Sep, 2025

Open Date

10 Sep, 2025

Close Date

11 Sep, 2025

Allotment Date

15 Sep, 2025

Listing Date
Vashishtha Luxury Fashion IPO Live Subscription Details
View Subscription Details
QIB 1.27x
Retail 2.16x
NIIs 2.62x
BHNI 2.86x
SHNI 2.16x
Retail 2.16x
Total 2.23x
Last updated: 10 Sep 2025, 06:21 PM
Vashishtha Luxury Fashion IPO Issue Details
  • Issue Price ₹109-111 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 7,99,200 shares(aggregating up to ₹8.87 crore)
  • Fresh Share 7,99,200 shares(aggregating up to ₹8.87 crore)
  • Listing at BSE SME
  • List Price 118.0
  • Listing Date 2025-09-15
  • Lead Manager Expert Global Consultants Pvt Ltd
  • Registrar Bigshare Services Pvt Ltd
Market Lot Size

Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)22400₹2,66,400
Retail(max)22400₹2,66,400
SHNI(min) 33,600₹3,99,600
SHNI(max) 78,400₹9,32,400
BHNI(min) 89,600₹10,65,600
Vashishtha Luxury Fashion IPO Reservation

Vashishtha Luxury Fashion IPO offers total 7,99,200 shares. Out of which 75,600 (9.46%) allocated to QIB, 2,65,200 (33.18%) allocated to NII,4,17,600 (52.25%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Market Maker Shares Offered40,800 (5.11%)
QIB Shares Offered75,600 (9.46%)
NII (HNI) Shares Offered2,65,200 (33.18%)
bNII < ₹10L1,76,400 (22.07%)
sNII < ₹10L88,800 (11.11%)
Retail Shares Offered4,17,600 (52.25%)
Total Shares Offered7,99,200 (100%)
Vashishtha Luxury Fashion IPO Documents
Vashishtha Luxury Fashion IPO Details


Vashishtha Luxury Fashion Limited IPO is an SME IPO, priced at ₹109-111 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 7,99,200 equity shares, aggregating up to ₹8.87 crores..

The IPO bidding window is open from Sep 5, 2025 to Sep 10, 2025. The allotment is expected to be finalized on Sep 11, 2025, and the tentative listing date is Sep 15, 2025.

The minimum lot size for retail investors is 2400 shares, with a minimum investment of ₹2,66,400.

Expert Global Consultants Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and

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Vashishtha Luxury Fashion IPO Subscription Analysis And Details
Retail
2.16x
Total
2.23x
As onQIB / NIIRetailTotal
Shares Offered / Reserved75,600 / 2,65,2004,17,6007,58,400
Day 1 05-09-25 06:00 PM
0.00 / 0.01 x0.13 x0.08 x
Day 2 08-09-25 06:00 PM
0.00 / 0.00 x0.32 x0.18 x
Day 3 09-09-25 06:00 PM
1.00 / 1.09 x1.16 x1.12 x
Day 4 10-09-25 06:00 PM
1.27 / 2.62 x2.16 x2.23 x

Total No of Applications
477
Vashishtha Luxury Fashion Valuations
EPS Pre IPO ₹9.14/-
EPS Post IPO ₹6.04/-
P/E Pre IPO 12.14
P/E Post IPO 18.38
ROE 28.28%
ROCE 31.43%
Debt/Equity 0.34
RoNW 64.49%
PAT Margin 14.14%
Price to Book Value 6.95
Vashishtha Luxury Fashion Company Financials
In Crs.
In Cr.
31-Mar-2531-Mar-2431-Mar-23
Assets9.007.897.41
Revenue10.887.456.86
Profit After Tax1.420.321.05
Net Worth4.641.781.47
Reserves & Surplus3.080.670.36
Total Borrowing2.073.263.44
About Vashishtha Luxury Fashion Company

Established in 2010, Vashishtha Luxury Fashion Limited is a firm which is involved in export business of high fashion hand embroidery work, accessories & finished garments.

The firm is a 100% Export House catering to fashion brands in Europe, UK, USA, Australia, and Turkey, providing bespoke apparel designs for couture as well as prêt-à-porter segments.The firm operates a sample unit in Mumbai under its subsidiary, Vashishtha Embroidery Private Limited,

Product Portfolio:
Apparel: The company produces powerful, artistic clothing with new embroidery, one-of-a-kind materials, and designs that reflect self-expression, individuality, and craftsmanship.
Apparel accessories: The company produces distinctive accessories—headbands, handbags, earrings, brooches, and shoes—combining embroidery, fashion, and quality materials for international clients.
Embroidery: The company provides hand-guided embroidery, computerized thread and sequin embroidery, and digital printing—balancing technology and craftsmanship to produce delicate, colorful, and personalized fabric patterns for contemporary fashion.

As of September 30, 2024, the company employs 26.

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Vashishtha Luxury Fashion - Promoter(s)

Mr. Ravindra Dhareshivkar

Mr. Mustak Odiya

Ms. Archana Odiya

Pre Issue Share Holding : 100%

Post Issue Share Holding : 66.08%

Vashishtha Luxury Fashion IPO - Issue Objectives
1

Funding capital expenditure requirement of the Company towards purchase of Embroidery Machines for expansion

2

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company

3

General Corporate Purposes

Contact Details

Vashishtha Luxury Fashion

307 and 308, Sun Industrial Estate, Sun Mill Compound Lower Parel West, Delisle Road, Mumbai, Maharashtra, 400013

+91 22 4972 3618

cs@vashishthaluxuryfashion.com

http://www.vashishthaluxuryfashion

Registrar Contact Details