Vashishtha Luxury Fashion's IPO subscribed 2.12 times: Details here

Business Sep 10, 2025

Vashishtha Luxury Fashion's IPO got a solid response, with investors bidding for more than twice the available shares—2.12 times to be exact.
The company offered nearly 8 lakh shares at ₹109-111 each, aiming to raise ₹8.87 crore between September 5 and September 10.

What does Vashishtha do?

Vashishtha creates high-fashion hand embroidery and garments.
The money raised will help them buy new embroidery machines and pay off some loans—basically fueling their next phase of growth.

What's next?

Share allotment happens on September 11, with listing set for September 15 on BSE SME.
Retail investors showed plenty of interest (subscribing over twice the available shares), so all eyes are on how the stock performs when it hits the market!