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( As on 01/09/2025 17:40)

Vashishtha Luxury announces launch of initial public offering

Vashishtha Luxury Fashion Ltd. has announced public offering of 799200 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 101.00 per share. The gross proceeds of the issue are expected to be Rs 887.11 lakhs.

The company's initial public offer (IPO) will open on 05 September 2025 and is expected to close on 10 September 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 109.00-111.00 per share.

The IPO includes a fresh Issue of 799200 Equity Shares of the Company at an price of Rs 111.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Vashishtha Luxury Fashion Ltd. anticipates using the proceeds of the issue for .

Expert Global Consultants Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.