Manyavar parent Vedant Fashions IPO opens; Should you subscribe?

Manyavar clothing brand’s parent Vedant Fashions IPO opens for subscription today, fora Rs 3,149-crore publicissue comprising entirely an offerfor sale of shares by promoters & existing shareholders.

Ahead of the IPO, 75 anchor investors poured in Rs 944.75 crore into Vedant Fashions – a company that owns multiple ethnic wear brands, including Manyavar. Vedant Fashions shares in the unlisted market were trading at a premium of Rs 40-50, down from Rs 80-90 premium quoting last week. The IPO opens today and will remain available for bidding till February 8 next week. Post-IPO, the promoter shareholding in the company will fall to 84.9% from the current 92.4%. Investors can bid for a minimum of 17 equity shares.

सोशल मीडिया अपडेट्स के लिए हमें
Facebook (
https://www.facebook.com/goldsilverreports/ )
linkedin (
https://www.linkedin.com/in/nealbhai/ )
 
और Twitter ( https://twitter.com/goldsilverrepor ) पर फॉलो करें।

हमारी फ्री सर्विस और लोगो की paid सर्विस से कई गुना अच्छी है।
आपको हर दिन दिए जाएंगे 3 से 5 कॉल बिलकुल फ्री
हर CALL में PROFIT दिये जायेंगे
तो जल्दी से MCX CHANNEL को JOIN कर लो (NEAL BHAI REPORTS)
JOIN US CLICK HERE

EQUITY CHANNEL को JOIN कर लो (EQUITY FREE TIPS)
JOIN US CLICK HERE

Leave a Comment

Copy link