| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹8.87 Cr |
| Reserved for Market Maker | ₹0.45 Cr |
| Net Issue Size | ₹8.87 Cr |
| Fresh Issue | ₹8.42 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹109.00-111.00 per share |
| BSE Code | 544508 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Expert Global Consultants Pvt.Ltd. |
| Allotment Status | |
| DRHP |
| RHP |
| Final Prospectus |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,400 shares · Multiples of 1,200 shares
Incorporated in 2010, Vashishtha Luxury Fashion Limited is engaged in the business of exporting high fashion hand embroidery work, accessories & finished garments.
The company is a 100% Export House serving fashion brands in Europe, the UK, USA, Australia, and Turkey, offering customized apparel designs for couture and prêt-à-porter segments.
The company runs a sample unit in Mumbai through its subsidiary, Vashishtha Embroidery Private Limited,
Product Portfolio:
As of July 31, 2025, the company has 21 employees.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirement of the Company towards purchase of Embroidery Machines for expansion | 3.64 |
| 2 | Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the Company | 2.69 |
| 3 | General Corporate Purposes | 1.32 |
| 4 | Issue Expenses | 1.22 |
| Total | 8.87 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 9.00 | 7.89 | 7.41 |
| Total Income | 10.88 | 7.45 | 6.86 |
| Profit After Tax | 1.42 | 0.32 | 1.05 |
| EBITDA | 2.07 | 0.73 | 1.27 |
| NET Worth | 4.64 | 1.78 | 1.47 |
| Reserves and Surplus | 3.08 | 0.67 | 0.36 |
| Total Borrowing | 2.07 | 3.26 | 3.44 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 28.28% |
| ROCE | 31.43% |
| Debt / Equity | 0.34% |
| RoNW | 64.49% |
| PAT Margin | 14.14% |
| EBITDA Margin | 22.08% |
| Price to Book Value | 6.95 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 9.14 | 6.04 |
| P/E (x) | 12.14 | 18.38 |
| Promoter Holding | 100% | 66.08% |
| Market Cap | ₹26.16 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to the Book Running Lead Manager | 0.15 |
| 2 | Underwriting Fees | 0.40 |
| 3 | Market Maker Fees | 0.09 |
| 4 | Brokerage, selling commission and upload fees | 0.02 |
| 5 | Fees payable to Registrar to Offer | 0.02 |
| 6 | Fees payable to Legal Advisor | 0.02 |
| 7 | Statutory Advertisement Expenses | 0.07 |
| 8 | Printing & Stationery Expenses | 0.01 |
| 9 | Payment to Sponsor Bank | 0.01 |
| 10 | Regulators including stock exchanges | 0.06 |
| 11 | Others (including the Peer Review Auditors, Depositories fees and charges, ROC fees, Stamp duty, PCS fees, Fees of Chartered Engineers, and other misc. expenses of professionals as above mentioned and advertising, marketing & promotion expenses) | 0.37 |
Last Updated on 19-Sep-2025 11:41:30