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07.02 / 09:55
Know latest Vedant Fashions IPO GMP, share allotment status date and more
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.
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