|
Issue Open Date
|
28-May-25
|
|
Issue Closing Date
|
30-May-25
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
42
-
45
|
|
Minimium Application No.
|
3000
|
|
Issue Size (Shares)
|
4437000
|
|
Market Lot
|
1
|
|
|
|
Objective
|
1. Funding working capital requirements of our Company;2. Prepayment / Repayment of Loan3. General corporate purposes
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|
|
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Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
|
373944000
|
|
Qualified Institutional Buyers
|
|
42975000
|
|
Retail Individual Investors
|
|
|
|
|
|
|
Business Description
We are engaged into designing, manufacturing and wholesale business of cotton textile products including a variety of high-quality cotton sarees, salwar suits and bed sheets. Our products are recognised in textile industry under our own brand name “Vandana” and “Tanaya”. Our Company have been awarded “Best Debutant – Apparels” by Ajio Business Partnership Meet – 2022. Our Company operates into B2B business model, focusing on selling our products through a network of 499 wholesalers as of June 30, 2024 spread across 31 states and union territories in India and through a channel of B2B e-commerce platform.
|
|
Promoter's Holding
|
|
Total Share Capital
|
17096809
|
|
Offered to Public
|
4437000
|
|
Promoter's Holding (Pre-Issue)
|
100
|
|
Promoter's Holding (Post-Issue)
|
73.39
|
|
|
|
|
|
|
|
Address |
220 Mahatma Gandhi Road Barabazar
Kolkata,
West Bengal,
700007
Phone : 9331281999
Email : cs@vandanafashion.com
Website : www.vandanafashion.com
|
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Registrar |
Cameo Corporate Services Ltd
Subramanian Buildings No 1 Club House Road Chennai
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|
Listed at |
NSE
|
|
Lead Manager |
Marwadi Chandarana Intermediaries Brokers Pvt Ltd.
|
|
Promoters |
Gyanesh Lohia Narain Lohia Prabhu Lohia
|
|