Vashishtha Luxury Fashion IPO Details
The key details of Vashishtha Luxury Fashion’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹8.87 Cr |
| Price Range | ₹109 - ₹111 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 2,400 |
| Investment (cut-off price) | ₹2,66,400 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | 66.08% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Vashishtha Luxury Fashion IPO Timelines
The IPO process for Vashishtha Luxury Fashion includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
05/09/2025
Start Date10/09/2025
End Date12/09/2025
Refund Initiation12/09/2025
Credit of Shares to Demat Ac15/09/2025
Listing DateVashishtha Luxury Fashion IPO Lot Size
The Vashishtha Luxury Fashion IPO has a fixed lot size of 1,200 shares, at an upper price band of ₹111 per share. For retail investors, the minimum and maximum application is 2,400 shares (2 lots) amounting to ₹2,66,400. For Small HNI (S-HNI) investors, the minimum application is 3,600 shares (3 lots) worth ₹3,99,600, while the maximum is 8,400 shares (7 lots) amounting to ₹9,32,400. Big HNI (B-HNI) investors need to apply for at least 9,600 shares (8 lots), totaling ₹10,65,600.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2400 | ₹2,66,400 |
| Retail Maximum | 2 | 2400 | ₹2,66,400 |
| S-HNI Minimum | 3 | 3600 | ₹3,99,600 |
| S-HNI Maximum | 7 | 8400 | ₹9,32,400 |
| B-HNI Minimum | 8 | 9600 | ₹10,65,600 |
Vashishtha Luxury Fashion IPO Subscription Status
The subscription status for Vashishtha Luxury Fashion IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 1.27x | 2.47x | 2.16x | -- | 2.18x |
IPO Performance on Listing Day
On the listing day (September 15, 2025), Vashishtha Luxury Fashion made a positive debut on the stock exchange. The stock opened at ₹118, securing a premium of 6.3% over its issue price of ₹111. The luxury fashion company gained further momentum during the trading session, reaching a day high of ₹123, while finding support at ₹112.10 during brief consolidation. The shares concluded their first trading day at ₹120.50, delivering a solid gain of 8.6% over the issue price, reflecting positive investor sentiment toward the luxury retail sector and growing market appetite for premium fashion brands.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹118.00 | ₹120.50 | ₹123.00 | ₹112.10 |
Vashishtha Luxury Fashion IPO Company Financials
Vashishtha Luxury Fashion reports robust performance in FY2025 with Total Income of ₹10.88 crores, managing expenses at ₹9.01 crores, and achieving a strong PAT (Profit After Tax) of ₹1.42 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹4.24 | ₹4.13 | ₹1.05 |
| FY 2023 | ₹6.86 | ₹5.38 | ₹1.05 |
| FY 2024 | ₹7.45 | ₹6.91 | ₹0.32 |
| FY 2025 | ₹10.88 | ₹9.01 | ₹1.42 |
About Company
Incorporated in 2010, Vashishtha Luxury Fashion Limited is engaged in the export of high-fashion hand embroidery work, accessories, and finished garments. As a 100% Export House, the company serves leading fashion brands across Europe, the UK, USA, Australia, and Turkey, providing customized apparel designs tailored for both couture and prêt-à-porter segments. It operates a sample unit in Mumbai through its subsidiary, Vashishtha Embroidery Private Limited.
The company’s product portfolio includes artistic garments that feature innovative embroidery, distinctive materials, and creative design elements that highlight individuality and craftsmanship. It also offers a range of fashion accessories such as headbands, handbags, earrings, brooches, and footwear, designed with a focus on style and premium quality. In addition, Vashishtha provides embroidery services using hand-guided techniques, computerized thread and sequin work, as well as digital printing. These offerings combine traditional craftsmanship with modern technology to deliver customized and intricate textile designs. As of July 31, 2025, the company employs 21 individuals.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2010 | Textile | Ravindra Dhareshivkar |
Know Before Investing
Vashishtha Luxury Fashion IPO Strengths
- The company operates in-house design studios and production facilities with advanced embroidery machinery, resulting in efficient workflow management.
- The business focuses on custom designs and long-term client relationships, leading to repeat orders and strong customer retention.
- The company reported a 46% increase in revenue to ₹10.88 crore in FY25, and a remarkable 346% jump in Profit After Tax, showing robust financial health.
- Strict quality controls, standardised processes, and skilled staff ensure high-quality output across all products.
- Vashishtha exports high-fashion garments and luxury accessories to international markets including Europe, UK, USA, Australia, and Turkey, reducing reliance on a single market.
- As a 100% export house specializing in luxury embroidery and couture garments, the company occupies a niche with little direct competition in India.
Vashishtha Luxury Fashion IPO Risks
- Revenue generation is heavily dependent on the fashion cycle and festive seasons, causing fluctuations and uncertain cash flows during lean periods.
- A substantial portion of sales comes from exports to specific countries; any instability or regulatory change in those regions can sharply affect performance.
- Because the company is a pure exporter, volatility in foreign currency exchange rates can impact margins and net profits.
- Negative operating cash flows reported in recent periods may indicate challenges in working capital or collections.
- As a luxury embroidery exporter serving a niche clientele, the company is exposed to changes in high-end fashion trends and demand shifts.
- Key operations are tied to Vashishtha Embroidery Private Limited, a group entity, raising operational and related-party risks.
Swot Analysis for Vashishtha Luxury Fashion IPO
Strengths
Strong Global Presence, Scalable Operations, Comprehensive Product Portfolio
Weaknesses
High Dependency on Contract Workers, Concentration Risk, Outstanding Unsecured Loans
Opportunities
Expansion Into New Global Markets, Growth in Luxury Segment Demand, Digital and E-commerce Expansion
Threats
Intense Global Competition, Shifting Fashion Trends, Supply Chain Vulnerabilities
Company Details
Vashishtha Luxury Fashion Ltd.
307 and 308, Sun Industrial Estate, Sun Mill Compound Lower Parel West, Delisle Road, Mumbai, Maharashtra, India, 400013
Phone: +91 22 4972 3618
Email: cs@vashishthaluxuryfashion.com
Website: https://vashishthaluxuryfashion.com/
IPO Registar Details
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
FAQs
The key objectives of Vashishtha Luxury Fashion SME IPO are:
- Funding capital expenditure requirement of the Company towards purchase of Embroidery Machines for expansion
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
- General Corporate Purposes
Expert Global Consultants Pvt. Ltd. is the book-running lead managers for the Vashishtha Luxury Fashion IPO.
Vashishtha Luxury Fashion reflects promising growth with revenue rising 46% to ₹10.88 crore in FY25 and profit after tax surging 346% to ₹1.42 crore. Strong export demand supports long term expansion prospects though muted grey market response signals limited near term upside.
The issue price for the Vashishtha Luxury Fashion IPO is set between ₹109 to ₹111 per share.
To invest in one lot of Vashishtha Luxury Fashion IPO, you need ₹2,61,600 at the lower price band (₹109 per share) or ₹2,66,400 at the upper price band (₹111 per share) for a lot size of 2400 shares.
Vashishtha Luxury Fashion IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on September 15, 2025.
Refund/unblocking of funds for Vashishtha Luxury Fashion IPO will begin on September 12, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Vashishtha Luxury Fashion IPO shares on listing day (September 15, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.