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Company details

1,372.25
1,445.00
793.15
1,501.00
6M Return 30.86%
1Y Return 49.43%
Mkt Cap.(Cr) 33,904.40
Volume 7,169
Div Yield 0.36%
OI
-
OI Chg %
-
Volume 7,169

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SWOT

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EMA SMA

Delivery and volume

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 1,082.74 Cr FV: 1.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 4,766.50 32,041.69
LAST 3M 28,862.66 46,665.50
LAST 6M 52,909.20 49,493.09
LAST 12M 193,038.46 -134,673.23
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
Aug 30, 2022 Dividend 500

Information

  • About Company
  • Company Info
  • Listing Info
87.23
84.91%
46.7205
30.95%
28.97%
Description
  • The company was originally incorporated as Vedant Fashions Private Limited at Kolkata on 24 May 2002.Pursuant to a takeover agreement dated 01 June 2002, the business of a proprietorship firm by the name of "M/s Vedant Creation", which was being carried out by one of the individual Promoters the company namely Ravi Modi, was transferred to the Company as a going concern. Subsequently, the Company was converted into a public limited company, pursuant to the approval accorded by the Shareholders at their extra-ordinary general meeting held on 16 July 2021. Consequently, the name of the Company was changed to Vedant Fashions Limited on 25 August 2021. Vedanta Fashions is country`s largest manufacturer of Indian vending and ethnic wear for men.The company is primarily engaged in manufacturing and trading of readymade garments being men`s ethnic wear such as sherwanis,indo-western,kurtas,suits etc. and women`s ethnic wear such as lehanga,saree,suit,kurti etc and related accessories.The company markets its products under the brand name of Manyavar,Mohey,Mebaz,Twamev and Manthan.The MANYAVAR brand is a category leader in the branded Indian wedding and celebration wear market with a pan-India presence,The company offer a one-stop destination with a wide-spectrum of product offerings for every celebratory occasion and aim to deliver an aristocratic yet seamless purchase experience to the customers through its aesthetic franchisee-owned exclusive brand stores.The company also focused in the women`s Indian wedding and celebration wear market through its brand, Mohey, launched in 2015. On 16 December 2006,the company has allotted 5262800 equity shares of Rs 10 each as bonus shares to the shareholders in the ratio of 1:2. On 24 August 2017,the company has allotted 654237 equity shares of Rs 10 each at a premium of Rs 3429.12 per share to Rhine Holdings Limited on preferential basis. Pursuant to a shareholders` resolution dated 22 November 2017, the Company sub-divided its share capital by sub-dividing the face value of its equity shares from Rs 10 per equity share to Rs 2 per equity share. Accordingly, by virtue of such split, with effect from 22 November 2017. On 05 December 2017,the company has allotted 62557585 equity shares of Rs 2 each as bonus shares to the shareholders in the ratio of 1:1. A scheme of arrangement was filed by Rainbow Iron & Steel Private Limited (the "Transferor") and our Company (the "Transferee") before the National Company Law Tribunal, Kolkata Bench ("NCLT"), under Sections 230 to 232, and other applicable provisions of the Companies Act, 2013 ("Scheme of Amalgamation"), seeking approval for the amalgamation of the Transferor into the Transferee. The appointed date for the Scheme of Amalgamation was 15 December 2017 ("Appointed Date"). The Scheme of Amalgamation was sanctioned by an order of the NCLT dated 25 September 2018 ("Order"). The Scheme of Amalgamation came into effect from 20 November 2018, On 21 December 2018,the company made the allotment of 964,225 equity shares to Ravi Modi (HUF) and 8,678,025 equity shares to Ravi Modi Family Trust (acting through its trustee, Modi Fiduciary Services Private Limited), pursuant to the Scheme of Amalgamation. Pursuant to a resolution of by the Shareholders of the company dated 16 July 2021, the company has sub-divided its face value of equity shares from Rs 2 each to Re 1 each. During the month of February 2022,the company came out with an Rs 3149.19-crore public issue which was entirely an offer for sale(OFS) by promoters and investors.The IPO shares were allotted at the price of Rs 866 per share including a premium of Rs 865 per share.The allotted shares were listed on the BSE Ltd and National Stock Exchange of India Ltd(NSE) on 16 February 2022.

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Registered Address

Paridhan Garment Park A501-502, 19 Canal South Rd SDF-1 4th Fl, Kolkata, West Bengal, 700015

Tel : 91-33-61255495
Email : complianceofficer:manyavar.com
Website : http://www.vedantfashions.com

Registrar

KFin Techologies Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 543463
NSE Code : MANYAVAR
Book Closure Date (Month) :
BSE Group : B
ISIN : INE825V01034

ICICIdirect Vedant Fashions Ltd FAQ

You can buy Vedant Fashions Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Vedant Fashions Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 02, 2022 04:01 PM the closing price of Vedant Fashions Ltd was ₹ 1,396.95.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Dec 02, 2022 04:01 PM, the market cap of Vedant Fashions Ltd stood at ₹ 33,904.40.
The latest PE ratio of Vedant Fashions Ltd as of Dec 02, 2022 04:01 PM is 87.23
The latest PB ratio of Vedant Fashions Ltd as of Dec 02, 2022 04:01 PM is 0.03
The 52-week high of Vedant Fashions Ltd is ₹ 1,501.00 while the 52-week low is ₹ 793.15 .

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