Vashishtha Luxury Fashion IPO: Price, GMP, Analysis, And Details

Vashishtha Luxury Fashion IPO - Company Analysis 

Vashishtha Luxury Fashion IPO under the SME IPO category is a bookbuilding issue of Rs. 8.87 Cr by Vashishtha Luxury Fashion Ltd., which was incorporated in 2010 and exports high design hand embroidery, accessories, and complete clothing.

The business is a 100% export house that provides tailored clothing designs for the couture and prêt-à-porter markets to fashion labels in Europe, the UK, the USA, Australia, and Turkey.

The company's subsidiary, Vashishtha Embroidery Private Limited, operates a sample facility in Mumbai.

 

Portfolio of Products:

• Clothing

• Clothing accessories

• Embroidery.
  
  

Vashishtha Luxury Fashion IPO Details

The Vashishtha Luxury Fashion IPO date is on 05 September 2025, and its initial public offering will end on 10 Sep with IPO allotment on Sep 11, and refund initiation on Sep 12, 2025.

The Rs. 8.87 crore new SME IPO comprises a wholly fresh issue of 0.08 crore shares.

The Vashishtha Luxury Fashion IPO listing date (expected) might be on Monday, Sep 15, 2025, and listing at the BSE and SME. 

The Vashishtha Luxury Fashion IPO price band is Rs. 109 to Rs. 111.

IPO Timetable (Tentative)

Revenue Bifurcation

Geography-wise Revenue Breakdown

(Source: RHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Financing the company's capital expenditure needs for the acquisition of embroidery machines for growth. Rs. 30.36 Cr.

• Paying back all or a portion of some of the company's outstanding borrowings. Rs. 29 Cr.

• General Corporate Purposes. 

 

Listed Peers of Vashishtha Luxury Fashion Ltd. 

No listed peer of a similar size is engaged in the same lines of business as mentioned in the RHP.

 

Valuation

Metric	Value
ROE	17.95%
ROCE	33.50%
Debt/Equity	1.83
PAT Margin	4.47%
RoNW	19.66%

 

 

Evaluation of P/E Ratio

Considering the FY ended on 31 Mar 2024 with an EPS of Rs. 2.87 from the last year, the resulting P/E ratio is 38.67x.

Explore the Austere Systems IPO.

 

IPO's Strengths

• Reliability in quality.

• A talented staff and extensive managerial expertise.

• Customer-focused business strategy.

• Operational efficiency.

 

IPO’s Weaknesses 

• Reliance on a small selection of goods.

• High need for working capital.

• Dependency on raw materials and suppliers, and competition risk.
  
  

Vashishtha Luxury Fashion IPO GMP (Grey Market Premium)

Vashishtha Luxury Fashion IPO GMP today has not started yet, as of 30 Aug 2025 at the time of writing this information.

Vashishtha Luxury Fashion IPO Summary

The Vashishtha Luxury IPO has a market maker portion size of 40,800 Shares (Rs. 0.45 Cr).

IPO Opening & Closing Date	05 Sep, 2025 to 10 Sep, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 109 to Rs. 111 per Share.
Lot Size	1200 Shares
Issue Size	7,99,200 Shares (Rs. 8.87 Cr)
Offer for Sale	-
Fresh Issue	7,99,200 Shares (Rs. 8.87 Cr)
Listing at	BSE, SME
Issue Type	Bookbuilding IPO
Registrar	Bigshare Services Pvt. Ltd.

 

 

IPO Lot Details 

Retail investors can invest in a minimum and maximum of 2 Lots (2400 Shares) for Rs. 2,66,400 and in multiples thereof, while for S-HNI investors, the minimum Lot is 3 (3600 Shares) for Rs. 3,99,600.

Minimum Lot Investment (Retail)	2 Lots
Maximum Lot Investment (Retail)	2 Lots
S-HNI (Min)	3 Lots

 

Vashishtha Luxury Fashion IPO Allotment Status

To check the Vashishtha Luxury Fashion IPO Allotment Status, visit the official Registrar’s website or the BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

 

Promoters And Management of Vashishtha Luxury Fashion Ltd.

• Mr. Ravindra Dhareshivkar

• Mr. Mustak Odiya

• Ms. Archana Odiya.

Pre-Issue Promoter Shareholding	100%
Post-Issue Promoter Shareholding	66.08%

 

IPO Lead Managers

• Expert Global Consultants Pvt. Ltd.  

 

 

Dividend Policy

The company has not declared since its incorporation.

Conclusion

Investors have the option to join a specialized luxury export-driven company with a global customer and great design capabilities through the Vashishtha Luxury Fashion IPO. Even though the company's financial fundamentals are sound, risks like product dependency and working capital pressure still exist. The values look to be on the higher side with a P/E ratio of 38.67x.

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.