Vedant Asset Limited IPO
Vedant Asset Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹40 per share. The stock debuted at ₹65, delivering a listing gain of 62.5%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,20,000.
Vedant Asset Limited IPO
- IPO Dates
- Sep 30, 2022 – Oct 4, 2022
- Price band
- ₹40 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- 750,000 shares of ₹10(aggregating up to ₹3.00 Cr)
- Lot size
- 3000
- Allotment Date
- Oct 10, 2022
- Listing
- Oct 12, 2022
- Listing At
- BSE SME
IPO timeline
-
Sep 30, 2022
Open Date
Completed
-
Oct 4, 2022
Close Date
Completed
-
Oct 10, 2022
Allotment Date
Completed
-
Oct 12, 2022
Listing Date
Completed
Vedant Asset Limited IPO Essentials
Vedant Asset Limited IPO Details
Vedant Asset Limited IPO is priced at ₹40 per share with a total issue size of 750,000 shares of ₹10(aggregating up to ₹3.00 Cr). The IPO has a lot size of 3000 shares and is listed on BSE SME.
- Issue price
- ₹40 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 750,000 shares of ₹10(aggregating up to ₹3.00 Cr)
- Listing at
- BSE SME
- List price
- 65.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Hem Securities Limited
Vedant Asset Limited IPO Details
- Retail Portion N/A
Vedant Asset Limited IPO Documents
Vedant Asset Limited IPO Analytics
Vedant Asset Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Vedant Asset Limited IPO Subscription Status
Vedant Asset Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Day 1 - 30-09-22 06:00 PM | (1.14) x | 0.40 x | 0.77 x |
|
Day 2
03-10-22 06:00 PM
|
(1.96) x | 5.86 x | 3.91 x |
|
Day 3
04-10-22 06:00 PM
|
(42.98) x | 55.16 x | 49.07 x |
Vedant Asset Limited Valuations
Earnings
- EPS (Post IPO)
- ₹0.69/-
Returns
- RoNW
- 6.05%
Vedant Asset Limited Financials( In Lakhs)
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|
| Assets | 254.63 | 239.16 | 83.13 |
| Revenue | 167.23 | 113.47 | 61.23 |
| Profit After Tax | 13.81 | 8.68 | 3.4 |
Vedant Asset Limited Company & Offer Insights
About Vedant Asset Limited
Incorporated in 2015, Vedant Asset Limited is engaged in the business as a Corporate Business Correspondents (BC) of Bank of India, Jharkhand Rajya Gramin Bank (JRGB) and Madhya Pradesh Gramin Bank (MPGB) and as Mutual Funds Distribution through a partner base of more than 350 Vedant Mitra partners working in various rural and semi-urban locations and handling more than 100 crores of assets under our Mutual fund distribution business.
Vedant Asset handles more than 100 Crore's of AUM and over 500 Clients.
Vedant Mitra offers the following services :
Banking Services: Account Opening, Deposit/Withdrawl Services, Other Banking Services.
Financial Services: Mutual Fund investment, Insurance, Loan through Banks and NBFCs.
Remittance services: Adhaar enabled payment System, Direct Money Transfer services, Vedantpay (mATM).
Other Value-added Services: M-POS (PAN & Adhaar), Bill Payments & recharge, Ticketing and Touring.
The company has been recognized by many institutes like the CNBC Hall of Fame Award for the year 2019, CNBC TV18 Best financial advisors award for East 2016, CNBC TV 18 Best financial advisor (IFA Up country East) 2017, One of the largest mobilization of AUM (Asset under management in Jharkhand), Wealth Forum Award for Highest Business Mobilization in Rest of East in 2015 etc.
Vedant Asset Limited Promoter(s)
Mr. Lallit Tripathi , Mrs. Priyanka Maheshwari are the company's promoters of Vedant Asset Limited.
Vedant Asset Limited IPO Issue Objectives
- •
- Financing the expenditure for Business Expansion.
- •
- To meet working capital requirements.
- •
- General Corporate Purpose.
- •
- To meet issue expenses.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Vedant Asset Limited IPO is a Fixed Priced IPO worth ₹750,000 shares of ₹10(aggregating up to ₹3.00 Cr). The issue price is ₹40 per share (fixed price). The IPO opens on Sep 30, 2022 and closes on Oct 4, 2022. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Vedant Asset Limited IPO is ₹40 per share (fixed price).
The lot size of Vedant Asset Limited IPO is 3000 shares.
The minimum investment for Vedant Asset Limited IPO is approximately ₹1,20,000 based on the issue price .
Vedant Asset Limited IPO opens on Sep 30, 2022 and closes on Oct 4, 2022.
The allotment date of Vedant Asset Limited IPO is Oct 10, 2022.
Vedant Asset Limited IPO is expected to be listed on Oct 12, 2022, on BSE SME Platform.
Vedant Asset Limited IPO valuation snapshot: P/E N/A, EPS ₹0.69/-, P/B N/A, RoNW 6.05%, and market cap N/A.
To apply for Vedant Asset Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Vedant Asset Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Vedant Asset Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Vedant Asset Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Vedant Asset Limited IPO allotment status on IPO Ji for quick and easy access.