Vedant Asset IPO Date, GMP, Price, Review, Allotment – IPO Watch
Written by Lucky Wilson | KGTO Writer on September 26, 2022
Vedant Asset IPO date is fixed, The IPO will open on [.] and will close on [.]. Vedant Asset is a BSE SME IPO to raise ₹66.53 crores via IPO. The Vedant Asset IPO price band is fixed at ₹[.] with a market lot of [.] shares.
Vedant Asset Limited is a leading financial services network. They handle more than 100 Crore’s of AUM and over 500 Clients. We offer an array of services ranging from Mutual Funds to Investments, Insurance, Loans, Payments, etc.
The company offers services like Banking Services, Financial Services, Remittance Services, and Other Value-added Services like M-POS (PAN & Adhaar), Bill Payments & recharge, Ticketing, and Touring. The company became a winner of the CNBC Hall of Fame Award for the year 2019, Winner of CNBC TV18 Best financial advisors award for East 2017, Winner of CNBC TV 18 Best financial advisor (IFA Up country East) 2016, and One of the largest mobilization of AUM (Asset under management in Jharkhand), and more.
Objects of the Issue:
- Financing the expenditure for Business Expansion.
- To meet working capital requirements.
- To meet issue expenses.
- General Corporate Purposes.
Vedant Asset IPO Review
| Date | GMP | Kostak | Subject to |
| 26 September | ₹- | ₹- | ₹- |
Vedant Asset IPO Date & Price Band Details
| Vedant Asset IPO Open: | 2022 |
| Vedant Asset IPO Close: | 2022 |
| Vedant Asset IPO Size: | Approx ₹[.] Crores, 750,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Vedant Asset IPO Price Band: | ₹[.] Per Equity Share |
| Vedant Asset IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Vedant Asset IPO Market Lot
The Vedant Asset IPO minimum market lot is [.] shares with a ₹[.] application amount.
| Minimum IPO Lot Size: | Minimum [.] shares for 1 lot |
| Minimum Amount: | ₹[.] for 1 lot |
Vedant Asset IPO Dates
The Vedant Asset IPO date is [.] and the IPO close date is [.] The IPO allotment date is [.] and the IPO might list on [.]
| Vedant Asset IPO Open Date: | 2022 |
| Vedant Asset IPO Close Date: | 2022 |
| Basis of Allotment: | 2022 |
| Refunds: | 2022 |
| Credit to Demat Account: | 2022 |
| Vedant Asset IPO Listing Date: | 2022 |
You can check Vedant Asset IPO subscription status and Vedant Asset IPO allotment status on their respective pages.
Vedant Asset IPO Form
How to apply Vedant Asset IPO? You can apply Vedant Asset IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Vedant Asset IPO in the Invest section. The other option you can apply Vedant Asset IPO via IPO forms download via the BSE website. Check out the Vedant Asset forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Vedant Asset Company Financial Report
| ₹ in Crores | |||
| Revenue | Expense | PAT | |
| 2020 | ₹0.61 | ₹0.57 | ₹0.03 |
| 2021 | ₹1.13 | ₹1.02 | ₹0.09 |
| 2022 | ₹1.67 | ₹1.49 | ₹0.14 |
Vedant Asset IPO Valuation – FY2022
Check Vedant Asset IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹0.69 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 6.05% |
| Net Asset Value (NAV): | ₹11.34 per Equity Share |
Peer Group
Company Promoters
- Mr. Lallit Tripathi
- Mrs. Priyanka Maheshwari
Vedant Asset IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Vedant Asset IPO Allotment Status
Check Vedant Asset IPO allotment status on Bigshare website URL. Click Here
Vedant Asset IPO Lead Managers
Company Address
Vedant Asset Limited
3 rd Floor, Gayways House,
Pee Pee Compound,
Ranchi, Jharkhand 834001
Phone: +91 0651-3594782
Email: [email protected]
Website: http://www.vedantasset.com/
Vedant Asset IPO FAQs
What is Vedant Asset IPO?
Vedant Asset IPO is a BSE SME IPO. They are going to raise ₹[.] Crores via IPO. The issue is priced at ₹[.] per equity share. The IPO is to be listed on BSE.
When Vedant Asset IPO will open?
The IPO is to open on 2022 for NII, and Retail Investors.
What is Vedant Asset IPO Investors Portion?
The investors’ portion for NII is 50%, and Retail is 50%.
How to Apply the Vedant Asset IPO?
You can apply Vedant Asset IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Vedant Asset IPO through Zerodha?
How to Apply the Vedant Asset IPO through Upstox?
How to Apply the Vedant Asset IPO through Paytm Money?
What is Vedant Asset IPO Size?
Vedant Asset IPO size is ₹[.] crores.
What is Vedant Asset IPO Price Band?
Vedant Asset IPO Price Band is ₹[.] per equity share.
What is Vedant Asset IPO Minimum and Maximum Lot Size?
The IPO bid is [.] shares with ₹[.].
What is Vedant Asset IPO Allotment Date?
Vedant Asset IPO allotment date is 2022.
What is Vedant Asset IPO Listing Date?
Vedant Asset IPO listing date is 2022. The IPO to list on BSE SME.
Note: The Vedant Asset IPO details are announced officially. The IPO grey market premium (Vedant Asset IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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