Vashishtha Luxury Fashion IPO

About Vashishtha Luxury Fashion IPO

The IPO of Vashishtha Luxury Fashion Ltd comprises a fresh issue of up to 7,99,200 equity shares. There’s no offer for sale in this IPO which is a 100% book-built issue. The price band is ₹109-₹111 per share and the lot size is 1200. The IPO opens on September 5, 2025 and closes on September 10, 2025.

The listing date is on or before September 15, 2025 and the allotment date is on or before September 11, 2025. The credit of shares to the Demat account will take place on or before September 12, 2025, while the initiation of refund will take place on or before September 12, 2025.

Vashishtha Luxury Fashion Ltd is engaged in the business of exporting high fashion hand embroidery work, accessories & finished garments. It’s a reliable name considering existence and maintaining relationships for over a decade amongst international designers, fashion houses & boutiques.

Objectives of Vashishtha Luxury Fashion IPO

• Funding capital expenditure requirement of the company towards purchase of embroidery machines for expansion

• Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company

Industry Outlook

India’s textiles industry contributed 7% to the industry output (by value) in 2022. The Indian textiles and apparel industry contributed 2.3% to the GDP, 12% to export earnings, 13% to industrial production and held 4% of the global trade in textiles and apparel in 2023. The market for Indian textiles and apparel is projected to grow at a 10% CAGR to reach US$ 350 billion by 2030, with exports expected to reach US$100 billion.

Company Information

Vashishtha Luxury Fashion Ltd is engaged in the business of exporting high fashion hand embroidery work, accessories and finished garments. It’s a reliable name considering existence and maintaining relationships for over a decade amongst international designers, fashion houses and boutiques.

The company caters to various brands and fashion houses across Europe, UK, USA, Australia, European countries and Turkey. Further, it also provides services in customised designs in the apparel segment.

Strengths of Vashishtha Luxury Fashion IPO

• Consistency in quality
• Rich management experience and skilled team
• Customer centric business model
• Smooth flow of operations
• Scalable business model

Risks of Vashishtha Fashion IPO

• Limited operating history exposes it to risks of early-stage companies
• Heavy reliance on Vashishtha Embroidery Private Limited, and the Promoter Group Entity, Anas Embroidery, for all manufacturing-related activities
• Risk of delays in obtaining or renewing approvals and licenses
• Impact of seasonality on business performance
• Lack of long-term customer contracts

Peer Comparison

There are no listed companies in India whose business portfolio is comparable with that of the business and comparable to its scale of operations. Hence, it is not possible to provide an industry comparison in relation to the company.

Anchor Investor Bidding Date NA

IPO Registrar and Book Running Lead Manager

• IPO Registrar: Bigshare Services Pvt Ltd
• Book Running Lead Manager: Expert Global Consultants Pvt Ltd

Business Model

Vashistha Luxury Fashion Ltd exports high fashion hand embroidery work, accessories and finished garments. It’s a 100% export house. Since inception, it has provided services to many couture and prêt-à-porter brands from Europe, UK, USA, Australia, European countries and Turkey.

Company Growth Trajectory

Over the years, Vashishtha Luxury Fashion Ltd has developed a broad client base through a relationship-focused approach. Its existing relationships have led to repeat business, helping it maintain long-term working partnerships with customers and strengthen its customer retention strategy. It believes these relationships provide a competitive advantage in attracting new clients and growing its business.

The experience and trade relations developed by its promoters and management have been one of the key instrumental factors in the growth of the company.

Market Position

Vashishtha Luxury Fashion Ltd is a young organisation with a strong team considering the diverse background and experience. Since 2010, the team of Vashishtha have indulged in working closely with clients and are capable of understanding and converting their ideas into creations.

The in-house creative design team is always experimenting with new techniques of embellishment and creates unique embroidery collections every season to showcase to all potential clients across Europe, UK, USA, Australia, European countries and Turkey.

How to Check Vashishtha Luxury Fashion IPO?

Visit the Registrar’s Website

• Visit the official website of Bigshare Services Pvt Ltd
• Choose IPO Allotment Status from ‘Services’
• Click on any one of the servers
• Choose ‘Company Name’ from dropdown
• Enter either your application number, CAF number or beneficiary ID
• Enter captcha and click on ‘Submit’ to know the status

Check on the Bombay Stock Exchange Website

The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to www.bseindia.com and find the 'Investor Services' tab. Under 'Investors Services', click on 'Status of Issue Application'. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:

• Choose the Issue Type
• Select the Issue Name from dropdown
• Put in either your application number or PAN number
• Check the box ‘I’m not a robot’
• Click on ‘Search’ to know allotment status

How to Apply for Vashishtha Luxury Fashion IPO?

• Step 1: Log in to your Kotak Neo Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details: Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification: Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.