The Vedant Asset IPO has begun on 30 Sep 2022. It will close on 04 Oct 2022. The Total IPO Size is 3 Crore. The company set its IPO price is 40 Rs Per Share. Basically, there are two basic categories in Vedant Asset IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs).
Vedant Asset is established in 2015.
Vedant Asset engaged in the business as a Corporate Business Correspondents (BC) of Bank of India, Jharkhand Rajya Gramin Bank (JRGB) and Madhya Pradesh Gramin Bank (MPGB) and as Mutual Funds Distribution through a partner base of more than 350 Vedant Mitra partners working in various rural and semi-urban locations and handling more than 100 crores of assets under the Mutual fund distribution business.
They are currently acting as a broker for 22 different fund house with the AUM of over 100 crores of which ICICI Prudential Mutual Fund, Kotak Mutual Fund, Aditya Birla Sun Life Mutual Fund, SBI Mutual Fund and Axis Mutual Fund are some prominent names.
As of now our company is associated with the Jharkhand Rajya Gramin Bank (JRGB), Bank of India and Madhya Pradesh Gramin Bank (MPGB) for providing the financial services.
Check :- Upcoming SME IPO 2022
Peers company
There are no listed companies in India that are engaged in a business similar.
Vedant Asset IPO Promotors
1) Lallit Tripathi
2) Priyanka Maheshwari
Vedant Asset IPO Date, Details & Price Band
| IPO Opening Dates | 30 Sep 2022 |
| IPO Closing Dates | 4 Oct 2022 |
| Price Band | 40 Rs Per Share |
| Fresh issue | 3.00 Crore |
| Offer for Sale | NIL |
| Total IPO size | 3.00 Crore |
| Minimum bid (lot size) | 3000 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 50% |
| Non-Institutional | 50% |
| Listing On | BSE SME |
Vedant Asset IPO Market Lot
The Vedant Asset IPO minimum market lot is 3000 shares With 120,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 3000 | 120,000 Rs |
| Maximum | 1 | 3000 | 120,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | Earnings per equity share | |
| 31-Mar-22 | 254.63 | 167.23 | 13.81 | 0.69 |
| 31-Mar-21 | 239.16 | 113.47 | 8.68 | 0.43 |
| 31-Mar-20 | 83.13 | 61.23 | 3.40 | 0.86 |
Vedant Asset IPO GMP & Grey Market Premium
Vedant Asset IPO GMP/Grey market premium has been started today. Check Latest Vedant Asset IPO GMP, Kostak Rates and Subject to Sauda Price here.
Vedant Asset IPO Prospectus
| DRHP | Download |
Vedant Asset IPO Reviews
Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon
Vedant Asset IPO Form Download
Vedant Asset IPO is available on BSE Website as well as on our Portal. Please click here Vedant Asset IPO form Download.
Vedant Asset IPO Allotment Date & Details
| Allotment Date | 10 Oct 2022 |
| Initiation of refunds | 11 Oct 2022 |
| Transfer of shares to Demat accounts | 12 Oct 2022 |
| Listing Date | 13 Oct 2022 |
| Check Allotment Status | Click here |
Registrar of Vedant Asset IPO
Bigshare Services Private Limited
Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri (East) Mumbai – 400093, Maharashtra, India.
Telephone: +91 22 6263 8200
Facsimile: +91 22 6263 8299
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.bigshareonline.com
Contact Person: Mr. Sagar Pathare
SEBI Registration Number: MB/INR000001385
CIN: U99999MH1994PTC076534
Vedant Asset Contact Details
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 Lead Managers
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, Maharashtra, India
Tel. No.: +91- 022- 49060000;
Fax No.: +91- 022- 22625991
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.hemsecurities.com
Contact Person :Mr. Sourabh Garg
SEBI Regn. No. INM000010981