Company Manyavar IPO Date, Price, Listing, Review, Allotment, Subscription Status & Details with GMP

Vedant Fashions Private Ltd owner of popular clothing brand Manyavar is preparing itself to launch Initial Public Offer (IPO). Yes, you read correct, Now special occasion clothing brand Manyavar will be list among the various other clothing companies on a stock exchange. According to the details, the Owner of Manyavar has planned to raise Rs 2,500 crore via this IPO. The related information is here with amazing facts and information.

Even Vedant Fashions brand Mohey is another success that was already acquired earlier by Hyderabad-based family wear brand Mebaz in 2017. Founder Ravi Modi’s amazing growing firm is backed by private equity firm Kedaara Capital which helping the firm in the listing on stock exchanges. In 2017 Kedaara Capital has acquired 10% stakes in Vedant Fashions Private Ltd.

Reports saying from the past few weeks Vedant Fashions Private Ltd has been in talk with multiple investment banks to get them on board as advisors. As per our expectations, the company may be planning to bring its IPO into the market. This investment bank list includes the name of ICICI Securities, Kotak Mahindra Capital, Edelweiss Financial Services, IIFL Capital and Axis Capital.

For many years Manyavar is known for its best-ever clothing design specially for wedding events. People love to shop with Manyavar, not just for brand popularity but due to its fabric, marvelous color combinations, and designs.

Unfortunately, DRHP has not filed by company Vedant Fashions Ltd but possibly it will be filed by the firm in the upcoming days. When we get the knowledge about this we will remind you.

Even the Manyavar IPO date is not revealed because all the data regarding this public issue will come in this year 2023. The complete information of this upcoming IPO will be updated here in just a few days. So, if you are interested to buy this IPO then stay connected with us through bookmark this website.