Issue Price
₹111
Per Share
GMP
NIL
Grey Market
Est. Listing
₹111
Expected Price
Min. Application
₹266,400
2 lots × 1200 shares
Incorporated in 2010, Vashishtha Luxury Fashion Limited is engaged in the business of exporting high fashion hand embroidery work, accessories & finished garments.The company is a 100% Export House serving fashion brands in Europe, the UK, USA, Australia, and Turkey, offering customized apparel designs for couture and prêt-à-porter segments.The company runs a sample unit in Mumbai through its subsidiary, Vashishtha Embroidery Private Limited,Product Portfolio:Clothing:The company creates impactful, artistic garments with innovative embroidery, unique materials, and designs that celebrate individuality, craftsmanship, and creative self-expression.Clothing accessories: The company designs unique accessories—headbands, handbags, earrings, brooches, and footwear—blending embroidery, style, and premium materials for global clients.Embroidery:The company offers hand-guided embroidery, computerised thread and sequin work, and digital printing—combining craftsmanship and technology to create intricate, vibrant, and customized textile designs for modern fashion.As of July 31, 2025, the company has 21 employees.Competitive Strengths:Consistency in qualityRich management experience and skilled teamCustomer centric business modelSmooth flow of operationsScalable business model
Vashishtha Luxury Fashion Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 40,800 | — | ₹0.45 Cr | — |
| TOTAL | 799,200 | 100.00% | ₹8.87 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹133,200 |
| Retail (Max) | 13 | 15,600 | ₹1,731,600 |
| sNII (Min) | 14 | 16,800 | ₹1,864,800 |
| bNII (Min) | 68 | 81,600 | ₹9,057,600 |
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 10.88 | 7.45 | 6.86 |
| EBITDA | 2.07 | 0.73 | 1.27 |
| Profit After Tax (PAT) | 1.42 | 0.32 | 1.05 |
| Net Worth | 4.64 | 1.78 | 1.47 |
| Total Assets | 9.00 | 7.89 | 7.41 |
| Reserves & Surplus | 3.08 | 0.67 | 0.36 |
| Total Borrowings | 2.07 | 3.26 | 3.44 |