Vashishtha Luxury Fashion IPO description – Vashishtha Luxury Fashion specializes in exporting high-fashion hand-embroidered work, accessories, and finished garments. The company serves a wide range of brands and fashion houses across Europe, the UK, the USA, Australia, and Turkey, offering customized designs in the apparel segment. As a 100% export-oriented business, Vashishtha Luxury Fashion collaborates with many couture and ready-to-wear clothing manufacturers for renowned brands from these regions.
Vashishtha Luxury Fashion’s product portfolio is divided into three categories: clothing, clothing accessories (such as handbags, jewellery, and footwear), and high-end and traditional embroidery. Operating out of Mumbai, Maharashtra, the company employs around 90 skilled embroidery workers on a contractual basis and has a production capacity of 2,000 garments and accessories. It also benefits from an additional production facility run by its promoter group entity, Anas Embroidery.
For the fiscal year 2025, Vashishtha Luxury Fashion reported international revenues of INR 10.13 crore. As of 31 July 2025, the company had 21 staff members on its payroll.
Promoters of Vashishtha Luxury Fashion – Mr. Ravindra Dhareshivkar, Mr. Mustak Odiya, and Ms. Archana Odiya
Table of Contents
Vashishtha Luxury Fashion IPO Details
| Vashishtha Luxury Fashion IPO Dates | 5 – 10 September 2025 |
| Vashishtha Luxury Fashion Issue Price | INR 109 – 111 per share |
| Fresh Issue | 7,99,200 shares (INR 8.71 – 8.87 crore) |
| Offer For Sale | NIL |
| Total IPO Size | 7,99,200 shares (INR 8.71 – 8.87 crore) |
| Minimum Bid | 2,400 shares (INR 2,66,400) |
| Lot Size | 1,200 shares (INR 1,33,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Vashishtha Luxury Fashion Financial Performance
| FY 2023* | FY 2024* | FY 2025 | |
| Revenue | 6.12 | 7.14 | 10.64 |
| Expenses | 5.38 | 6.91 | 8.77 |
| Net income | 1.05 | 0.32 | 1.53 |
* All Standalone Data
Vashishtha Luxury Fashion Offer News
- Vashishtha Luxury Fashion RHP
- Vashishtha Luxury Fashion Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Vashishtha Luxury Fashion Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 9.41 | 2.87 | 10.92 |
| PE ratio | – | – | 9.98 – 10.16 |
| RONW (%) | 107.86 | 19.66 | 64.49 |
| NAV | 13.23 | 15.98 | 33.85 |
| ROCE (%) | 81.02 | 33.50 | 31.43 |
| EBITDA (%) | 20.71 | 10.19 | 22.08 |
| Debt/Equity | 2.34 | 1.83 | 0.34 |
Vashishtha Luxury Fashion IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Vashishtha Luxury Fashion IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 75,600 | 2,65,200 | 4,17,600 | 7,58,400 |
| 10 Sep 2025 | 1.27 | 2.62 | 2.16 | 2.23 |
| 9 Sep 2025 | 1.00 | 1.24 | 1.16 | 1.17 |
| 8 Sep 2025 | 0.00 | 0.16 | 0.32 | 0.23 |
| 5 Sep 2025 | 0.00 | 0.01 | 0.14 | 0.08 |
The market maker reservation portion of 40,800 shares is not included in the above calculations.
Vashishtha Luxury Fashion IPO Allotment Status
Vashishtha Luxury Fashion IPO allotment status will be available on Bigshare Services’ website. Click on this link to get the allotment status.
Vashishtha Luxury Fashion IPO Dates & Listing Performance
| IPO Opening Date | 5 September 2025 |
| IPO Closing Date | 10 September 2025 |
| Finalization of Basis of Allotment | 11 September 2025 |
| Initiation of refunds | 12 September 2025 |
| Transfer of shares to demat accounts | 12 September 2025 |
| IPO Listing Date | 15 September 2025 |
| Opening Price on BSE SME | INR 118 per share (up 6.31%) |
| Closing Price on BSE SME | INR 121.75 per share (up 9.68%) |
Vashishtha Luxury Fashion Offer Lead Manager
EXPERT GLOBAL CONSULTANTS PRIVATE LIMITED
1511, RG Trade Tower, Netaji Subhash Place,
Pitampura, New Delhi – 110 034
Phone: +91 011 4509 8234
Email: [email protected]
Website: www.expertglobal.in
Vashishtha Luxury Fashion Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Vashishtha Luxury Fashion Issue Contact Details
VASHISHTHA LUXURY FASHION LIMITED
307 and 308, Sun Industrial Estate,
Sun Mill Compound, Lower Parel West,
Delisle Road, Mumbai 400013, Maharashtra, India
Phone: +91 022-49723618
E-mail: [email protected]
Website: www.vashishthaluxuryfashion.com
IPO FAQs
What is Vashishtha Luxury Fashion offer size?
Vashishtha Luxury Fashion offer size is INR 8.71 – 8.87 crores.
What is Vashishtha Luxury Fashion offer price band?
Vashishtha Luxury Fashion public offer price is INR 109 – 111 per share.
What is the lot size of Vashishtha Luxury Fashion IPO?
Vashishtha Luxury Fashion offer lot size is 1,200 shares.
What is Vashishtha Luxury Fashion IPO GMP today?
Vashishtha Luxury Fashion IPO GMP today is INR NA per share.
What is Vashishtha Luxury Fashion kostak rate today?
Vashishtha Luxury Fashion kostak rate today is INR NA per application.
What is Vashishtha Luxury Fashion IPO Subject to Sauda rate today?
Vashishtha Luxury Fashion’s Subject to Sauda rate today is INR NA per application.