Vedant Asset IPO GMP, Review, Price, Allotment

Vedant Asset IPO GMP

Vedant Asset IPO description – The company is engaged in the business as a Corporate Business Correspondent (BC) of Bank of India, Jharkhand Rajya Gramin Bank (JRGB), and Madhya Pradesh Gramin Bank (MPGB) and in Mutual Fund Distribution through a partner base of more than 350 Vedant Mitra partners working in various rural and semi-urban locations and handling more than 100 crores of assets under Mutual fund distribution business. Its Vedant Mitra Kendra acts as Banking – Customer Services Points (CSPs) to fulfill all the necessary banking requirements of the people, Adhaar enabled payment system, Direct Money Transfer (DMT), investment in Mutual Funds – mPOS, PAN related services, Insurance services, Loan services and recharge services along with Air, rail and Bus ticketing, etc.

Vedant Asset

The services offers by Vedant Mitra:

  • Account Opening
  • Deposit/Withdrawal Services
  • Other Banking Services
  • Mutual Fund investment
  • Insurance Loan through Banks and NBFCs
  • Adhaar enabled payment System
  • Direct Money Transfer services Vedantpay (mATM)
  • M-POS (PAN & Adhaar)
  • Bill Payments & recharge
  • Ticketing and Touring

Promoters of Vedant Asset – Mr. Lallit Tripathi and Mrs. Priyanka Maheshwari

Vedant Asset IPO Details

Vedant Asset IPO Dates30 September – 4 October 2022
Vedant Asset IPO PriceINR 40 per share
Fresh issue7,50,000 shares (INR 3 crore)
Offer For SaleNil
Total IPO size7,50,000 shares (INR 3 crore)
Minimum bid (lot size)3,000 shares (INR 120,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

Vedant Asset Financial Performance

 FY 2020FY 2021FY 2022
Revenue61.23 113.47167.23
Net income 3.408.6813.81
Figures in INR Lakh unless specified otherwise

Vedant Asset Offer News

Vedant Asset Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio57.97
RONW (%)
NAV 1.3710.6511.34
EBITDA (%) 10.33 5.8218.72

Vedant Asset IPO GMP Daily Trend

DateConsolidated IPO GMPKostakSubject to Sauda
14 Oct 202215
13 Oct 20221525,000
12 Oct 20221525,000
11 Oct 20221525,000
10 Oct 20221525,000
8 Oct 20221222,000
7 Oct 20221022,000
6 Oct 2022720,000
4 Oct 202215,000
3 Oct 202215,000
1 Oct 202212,000
30 Sep 20228,000

Vedant Asset Offer Subscription – Live Updates

Shares Offered354,000354,000708,000
Day 11.140.400.77
Day 21.965.863.91
Day 342.7555.1649.07
Last updated on
04 Oct 2022 | 06:57:06 PM

Vedant Asset Offer Lead Manager

904, A Wing, Naman Midtown
Senapati Bapat Marg, Elphinstone Road, Lower Parel
Mumbai – 400013, Maharashtra, India
Phone: +91-022-49060000
Email: [email protected]

Vedant Asset Offer Registrar

Office No. S6 – 2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre,
Mahakali Cave Road, Andheri (East),
Mumbai – 400093, Maharashtra
Phone: +91 22 6263 8200
E-mail: [email protected]

Vedant Asset Contact Details

3rd Floor, Gayways House,
Pee Pee Compound, Ranchi
Jharkhand 834001, India
Phone : +91 0651-3594782
E-mail: [email protected]

Vedant Asset IPO Allotment Status

Vedant Asset IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.

Vedant Asset IPO Dates & Listing Performance

Vedant Asset IPO Opening Date30 September 2022
Vedant Asset IPO Closing Date4 October 2022
Finalisation of Basis of Allotment10 October 2022
Initiation of refunds11 October 2022
Transfer of shares to demat accounts12 October 2022
Vedant Asset IPO Listing Date12 October 2022
Opening Price on BSE SMEINR65 per share (up 62.5%)
Closing Price on BSE SMEINR68.25 per share (up 70.62%)

Vedant Asset IPO FAQs

What is Vedant Asset offer size?

Vedant Asset offer size is INR 3 crore.

What is Vedant Asset IPO Price Band?

Vedant Asset public offer price is INR 40 per share.

What is the lot size of Vedant Asset IPO?

Vedant Asset offer lot size is 3,000 shares.

What is Vedant Asset IPO GMP today?

Vedant Asset IPO GMP today is INR 15 per share.

What is Vedant Asset kostak rate today?

Vedant Asset kostak rate today is NA per application.

What is Vedant Asset Subject to Sauda rate today?

Vedant Asset Subject to Sauda rate today is NA per application.

What are Vedant Asset Offer Dates?

Vedant Asset Offer opens on 30 September 2022 and closes on 4 October 2022.


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