Vedant Fashions IPO share allotment status likely on this date; know GMP today | How-to

Vedant Fashions IPO share allotment status likely on this date; know GMP today

Vedant Fashions IPO share allotment status is likely to be finalised on February 11. Know Vedant Fashions IPO GMP today.

By: PRIYA KUMARI
| Updated on: Aug 22 2022, 00:04 IST
Vedant Fashions IPO
Know Vedant Fashions IPO share allotment date and GMP here. (vedantfashions.com)

Vedant Fashions IPO share allotment status online: The three day long initial public offering (IPO) of Vedant Fashions Ltd, owner of the ethnic wear brand Manyavar and Mohey opened for subscription on February 4, 2022. On the first day of the bidding process, the issue received a tepid response from the investors and was subscribed by only 14 percent. 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 the market sources quoted by LiveMint, Vedant Fashions IPO GMP today on February 4 was Rs. 45.

Investors can bid for Vedant Fashions IPO for a lot of at least 17 shares or in multiples thereof. 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.

Vedant Fashions IPO subscription status on February 4, 2022

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.

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How to check Vedant Fashions IPO share allotment status once announced:

The IPO share allotment status of Vedant Fashions is likely to be released on February 11 and investors can check the same on the official website of BSE as well as online portal of its registrar that is KFin Technologies Private Ltd.

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

Time
Tools
Supplies
5 Minutes
  • Smartphone
  • Desktop
  • Laptop
  • Updated Browser
  • Internet
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.

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First Published Date: 05 Feb, 09:54 IST
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