Know latest Vedant Fashions IPO GMP, share allotment status date and more | How-to

Know latest Vedant Fashions IPO GMP, share allotment status date and more

Vedant Fashions IPO share allotment status is likely to be finalised on February 11 and can be checked online via BSE website. Also, know Vedant Fashions IPO GMP today.

By: HT TECH
| Updated on: Aug 22 2022, 00:03 IST
Know Vedant Fashions IPO share allotment date and GMP here.
Know Vedant Fashions IPO share allotment date and GMP here. (LiveMint)

Vedant Fashions Ltd, the owner of the ethnic wear brand Manyavar and Mohey opened its initial public offering (IPO) for subscription on February 4, 2022. On the first day of the bidding process, the issue was subscribed 14%. The company has set a price band of Rs. 824 - Rs. 866 for the IPO and is expected to fetch Rs. 3,149 crore at the upper end of the price band. Vedant Fashions IPO is entirely an offer for sale (OFS) by existing shareholders and promoters. The issue will close for subscription on February 8, 2022. According to a report by livemint.com, Vedant Fashions IPO GMP today, February 7 is Rs. 16.

On the first day of the bidding process, the retail portion received 22 percent subscription, while Qualified Institutional Buyers (QIBs) quota was subscribed 6 percent. Non-institutional investors also got 6 percent subscription. To know the Vedant Fashions IPO share allotment status, subscribers will have to wait for the bidding process to close.

It can be known that the allotment status is likely to be finalised on February 11. While the IPO listing date is expected to be February 16, 2022. Investors can check the allotment status on the official website of BSE as well as online portal of its registrar that is KFin Technologies Private Ltd.

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How to check Vedant Fashions IPO share allotment status via BSE:

Step 1: You will need to log in to the BSE website, which is bseindia.com or you can click on this direct link - https://www.bseindia.com/investors/appli_check.aspx.

Step 2: Following that, click on Vedant Fashions IPO in the menu. (Available only after the allotment status will be finalised and declared.)

Step 3: Then, enter your application number allotted for Vedant Fashions IPO and your Permanent Account Number (PAN card number).

Step 4: Now, confirm the captcha by checking the 'I'm not a robot' box.

Step 5: Finally tap the ‘Submit' button.

Step 6: You will be able to see the final Adani Wilmar IPO allotment status online displayed on your screen.

How to check Vedant Fashions IPO share allotment status via KFin Technologies:

Time
Tools
Supplies
5 Minutes
  • Smartphone
  • Laptop
  • Desktop
  • Updated browser
  • Internet
Step 1:

Visit the official website of KFin Technologies or click on the direct link mentioned here for the same- https://kcas.kfintech.com/ipostatus/.

Step 2:

Now, you will have to select the name of the IPO in dropbox whose name will be shown only if the allotment is finalised.

Step 3:

Select either one of the three modes: Application number, Client ID or PAN ID.

Step 4:

In application type, select between ASBA and non-ASBA.

Step 5:

You will then have to enter the application details.

Step 6:

Now, enter the captcha and click on the submit button.

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First Published Date: 07 Feb, 12:04 IST
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