✓
Open
5 Sep 2025
✓
Close
10 Sep 2025
3
Allotment
—
✓
Listing
Mon, Sep 15, 2025
Price Band
₹109 to ₹111
Issue Size
7,99,200 shares (agg. up to ₹9 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Sep 15, 2025
Latest GMP
₹8
Est. Gain
7.21%
✦ AI Insight
GMP Trend
15-09-2025₹8Est. ₹119+7.21%
14-09-2025₹8Est. ₹119+7.21%
13-09-2025₹8Est. ₹119+7.21%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.17x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 9.00 | 7.89 | 7.41 |
| Total Income | 10.88 | 7.45 | 6.86 |
| Profit After Tax | 1.42 | 0.32 | 1.05 |
| EBITDA | 2.07 | 0.73 | 1.27 |
| NET Worth | 4.64 | 1.78 | 1.47 |
| Reserves and Surplus | 3.08 | 0.67 | 0.36 |
| Total Borrowing | 2.07 | 3.26 | 3.44 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Kaytex Fabrics Ltd. | SME | ₹69.81 Cr | ₹180 | 12.25 | ₹150.60 | -16.33% | ₹59.20 (-2.31%) |
| N R Vandana Tex Industries Ltd. | SME | ₹27.89 Cr | ₹45 | 8.95 | ₹43.70 | -2.89% | ₹70.50 (-0.98%) |
| Davin Sons Retail Ltd. | SME | ₹8.78 Cr | ₹55 | 12.29 | ₹46.20 | -16.00% | ₹34.95 (+5.94%) |
| Purple United Sales Ltd. | SME | ₹32.81 Cr | ₹126 | 18.33 | ₹208.95 | +65.83% | ₹402.05 (-4.94%) |
| SD Retail Ltd. | SME | ₹64.98 Cr | ₹131 | 23.73 | ₹150.90 | +15.19% | ₹90.00 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirement of the Company towards purchase of Embroidery Machines for expansion | 3.64 |
| 2 | Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the Company | 2.69 |
| 3 | General Corporate Purposes | 1.32 |
| 4 | Issue Expenses | 1.22 |
| Total | 8.87 |
About Vashishtha Luxury Fashion IPO
Incorporated in 2010, Vashishtha Luxury Fashion Limited is engaged in the business of exporting high fashion hand embroidery work, accessories & finished garments. The company is a 100% Export House serving fashion brands in Europe, the UK, USA, Australia, and Turkey, offering customized apparel designs for couture and prêt-à-porter segments. The company runs a sample unit in Mumbai through its subsidiary, Vashishtha Embroidery Private Limited, Product Portfolio: Clothing:The company creates impactful, artistic garments with innovative embroidery, unique materials, and designs that celebrate individuality, craftsmanship, and creative self-expression. Clothing accessories: The company designs unique accessories—headbands, handbags, earrings, brooches, and footwear—blending embroidery, style, and premium materials for global clients. Embroidery:The company offers hand-guided embroidery, computerised thread and sequin work, and digital printing—combining craftsmanship and technology to create intricate, vibrant, and customized textile designs for modern fashion. As of July 31, 2025, the company has 21 employees. Competitive Strengths: Consistency in quality Rich management experience
Contact Details
Vashishtha Luxury Fashion Ltd. Address307 and 308, Sun Industrial EstateSun Mill Compound Lower Parel WestDelisle RoadMumbai, Maharashtra, 400013+91 22 4972 3618cs@vashishthaluxuryfashion.comVisit Website