The clothing brand Manyavar is all set to give huge returns over the reinvestment by Investors. The company is all set to launch its Initial Public offering on 4th February 2022. It will be closed on 8th February 2022. If you want to participate in Manyavar IPO and want to know Manyavar IPO Subscription Status Live Update. The price band is Rs 824-866. You can buy the shares at this price. Then stay in this report and you will get all the details briefly with the allotment status, listing and market lot etc. Definitely, it will help you to decide your investment in this IPO.
The Manyavar (Vedant Fashions) IPO will be open on 4th Feb 2022. This Initial public offer will close soon and you have only a few days to apply this mind-blowing profitable IPO. Stay tuned and get the subscription Status from this article. Definitely, through this information, you will decide a good decision over the investment in this IPO.
Manyavar IPO Details
In this Manyavar IPO, we all going to see offer-for-sale (OFS) of 3,63,64,838 equity shares by the promoter. The face value will be Rs 1 per equity share. Talking about the IPO price then we want to tell you that the Manyavar IPO price is yet to be available and will be updated later. The Listing of shares will be done on 16th February 2022. While talking about the exchanges. On the basis of information Manyavar Shares will be listed on BSE and NSE. Allotment of the IPO is scheduled to take place on 11th February 2022.
| Issue Opening | Feb 4, 2022 |
| Issue Closing | Feb 8, 2022 |
| IPO Price Band | ₹824 – ₹866 |
| Face Value | ₹1 |
| IPO Size | ₹3,149.19 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 17 |
Price Band is available here. The investors can apply for the Manyavar IPO shares at Rs 824 to Rs 866. This is a great price and possibly the share will list at a good price. The complete detail available below.
Manyavar IPO Subscription Status [Live Update]
As per the details, 92.40% holding is Vedant Fashions Promoters holding. There are many people who are interested to invest in this Initial Public offering. Most probably we can see a good response during Manyavar IPO Subscription. To know the Manyavar IPO Subscription Status Live you can read the table available below. It will help you to decide that should you really invest in Manyavar IPO or not? The conclusion is available below and you can read it here. Know more Top Upcoming IPO in 2022
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | – |
| Non-Institutional Buyers | – |
| Retail Investors | – |
| Employees | [.] |
| Others | [.] |
| Total | – |
Above the information available how many people have subscribed to Manyavar IPO. No doubt it is one of the attention seeker Initial Public Offering from the clothing and fashion industry. The available table included the number of subscriptions by Qualified Institution, Non-Institutional Buyers, Retail Investors, Employees and Others.
Manyavar IPO Expected Listing Price
If you are looking for the Manyavar IPO expected share listing price. Then in this regard, we want to say a few things here. As we are noticing a buzz for the Manyavar IPO among the people who are interested to invest in the clothing industry. Above you read the Manyavar IPO Subscription Status. So we can expect, it will list at Rs 1500 to 1800. Also if the subscription goes high then it may be listed above Rs 1800.
Manyavar IPO Good or Bad?
Now moving to the conclusion, then we want to tell you that Vedant Fashion revenue has been decreased over the period of time. But if you have trust in the company that it has the potential to do better in the clothing industry then you can invest. Also, the major key factor about them is that Manyavar is well known Indian celebration wear brand which has a huge market now. Even Manyavar (Vedant Fashion) has a Technology-based strong supply chain and inventory system.
Manyavar IPO Form?
If you want to apply for Manyavar IPO then you can apply for it in several ways. There are many brokers available such as Zerodha, Upstox, 5Paisa and Angelone. Through these platforms, you can buy the IPO and invest your money. While on the other side, you can download the IPO form as well. To download the IPO form you need to go on NSE forms and BSE forms. You will be subscribed to the IPO by submitting the form to your bank.