Check Out the Vashishtha IPO Before it Hits the Dalal Street!

With a Compound Annual Growth Rate (CAGR) of 10%, the Indian textiles and apparel industry is gearing up to reach USD 350 billion by 2030, while the global exports are forecasted at USD 100 billion. Amidst these trends, the Vashishtha IPO is gearing up for a launch.

Expert Global Consultants Private Limited is managing the IPO, while Bigshare Services Private Limited is its registrar. View the Vashishtha IPO allotment status.

View the RHP and DRHP for a more comprehensive Vashishtha IPO review.

Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Begin the Vashishtha IPO Review With its Company Profile

Particulars	Description
Incorporation	6 September 2022 (2010 as a Partnership)
Business	Export of high fashion accessories, finished garments and hand embroidery
Clients	International Designers, Boutiques and Fashion Houses.
Countries served	UK, Australia, USA, and other European Countries
Promoters	Mr. Mustak Odiya, Ms. Archana Odiya and Mr. Ravindra Dhareshivkar
Registered Office	Mumbai, Maharashtra
Competitors	No listed entities

The table below shows the product-wise consolidated revenue breakup as of 31 March 2025.

Particulars	% of Revenue from Operations
Clothing	50.63%
Embroidery	25.36%
Clothing Accessories	24.01%

The Ultimate Compilation of All Vashishtha IPO Details

Here is everything you must know about the Vashishtha IPO, including its price, size, date and much more.

Vashishtha IPO Date

Event	Date
Offer Opens	5 September 2025
Offer Closes	10 September 2025
UPI Mandate	10 September 2025 (5 PM)
Allotment	11 September 2025
Refunds	12 September 2025
Shares reach the demat account	12 September 2025
Listing date	15 September 2025

Vashishtha IPO Price and Size

Offer Type	Equity Shares	Value (₹ Cr)
Fresh Issue	7,99,200	8.87
Offer for Sale	NA	NA
Overall	7,99,200	8.87

Objectives of the offer

Requirement	Amount (₹ Lakhs)
Capital Expenditure	363.72
Prepayment of debt	269.46
Other corporate needs	Undisclosed

Other takeaways

Particulars	Description
Face Value (₹)	10
Listing	BSE SME
Price Range (₹ per share)	109 to 111
Lot size (shares)	1,200

Categorisation of different investors

Category	Allotment (%)	Minimum (₹)
QIB	Maximum 9.97%	Undisclosed
NIB	Minimum 34.97%	Undisclosed
RIB	Minimum 55.06%	2 Lakhs

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Key Financials (Standalone)

Particulars	2025	2024	2023
Revenue from operations (₹ Lakhs)	1,063.10	713.62	611.85
Total revenue (₹ Lakhs)	1,087.99	744.98	686.38
EBITDA (₹ Lakhs)	207.04	72.69	126.70
EBITDA Margin (%)	19.47	10.19	20.71
PAT (₹ Lakhs)	142.36	31.93	104.50
PAT Margin (%)	13.08	4.29	15.22
ROE (%)	30.69	17.95	71.12
Debt To Equity Ratio	0.45	1.83	2.34
Interest Coverage Ratio	10.77	3.11	6.60
ROCE (%)	39.83	33.50	81.02
Current Ratio	0.86	0.55	0.44
Net Capital Turnover Ratio	-20.08	-2.87	-2.07

Strengths and Risks

Discussed below are the key strengths and risks associated with the Vashishtha IPO.

Strengths

1. Maintains consistent quality.

2. Optimal management experienced, backed by a skilled team.

3. Customer-centric and scalable business model.

4. Smooth flow of operations.

Risks

1. Limited operating history, resulting in early-stage business risks.

2. Incomplete compliance.

3. Heavily reliant on subsidiary and promoter group entity.

4. Instances of delayed statutory and regulatory dues.

Apply or Avoid the Vashishtha IPO

The Vashishtha IPO GMP is 0 as of 1 September 2025 (13:58). However, the GMP might change soon. Stay updated with the latest GMP. Don’t forget to check the detailed Vashishtha IPO analysis, along with their RHP and DRHP, before you decide to invest in any IPO.

Stay tuned with the live subscription status before hitting APPLY.

FAQs

1. How is the Vashishtha IPO review?

Vashishtha IPO is operating in the renowned Indian textile industry. The company has its key advantages and risks, which must be analysed before investing. For the latest sentiment, you can look for the GMP updates. 

2. What is the Vashishtha IPO date?

The IPO is opening on 5 September 2025 and closing on 10 September 2025. Check out the live subscription data in real time.

3. What is the Vashishtha IPO size? 

The company has aimed for a fresh issue alone, with ₹8.87 Crore. Also, don't forget to check the Vashishtha IPO live subscription status before applying. 

4. Should I use a demat account to bid for the Vashishtha IPO?

Yes, a demat account is required to bid for the Vashishtha IPO. Click here to get the ultimate list of the top demat account providers.

5. What is the Vashishtha IPO GMP?

Currently, the IPO GMP is unavailable. However, it might change soon. Click here to check the latest GMP status.