Vashishtha Luxury Fashion Limited is a 100% Export House that showcases India’s embroidery tradition on the global stage.
The company exports high-fashion hand embroidery, accessories, and finished garments, serving leading brands in Europe, the UK, USA, Australia, and Turkey.
Its core focus is on customized couture and prêt-à-porter apparel, blending traditional craftsmanship with modern style.
Through its subsidiary, Vashishtha Embroideries Pvt. Ltd., the company runs a sample development unit in Mumbai to deliver innovation and quick turnarounds for global clients.
Product Portfolio:
- Clothing – Premium garments with innovative embroidery, unique materials, and creative designs reflecting craftsmanship & individuality.
- Accessories – Stylish headbands, handbags, earrings, brooches, and footwear crafted with embroidery and premium materials for global markets.
- Embroidery & Textiles – Expertise in hand embroidery, computerized thread & sequin work, and digital printing, offering intricate and customized designs.
As of July 31, 2025, it employs 21 skilled professionals who blend design expertise with advanced embroidery to deliver world-class products.
Vashishtha Luxury Fashion IPO – Details
| IPO Opening Date | 05 September 2025 |
| IPO Closing Date | 10 September 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 7,99,200 Shares Worth ₹8.87 Crore Fresh Issue: 7,99,200 Shares Worth ₹8.87 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹109 – ₹111 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Bigshare Services Pvt.Ltd. |
| QIB Shares Offered | 10% |
| NII Shares Offered | 35% |
| Retail Shares Offered | 55% |
Vashishtha Luxury Fashion IPO – Date Schedule
| IPO Open Date | 05 September 2025 |
| IPO Close Date | 10 September 2025 |
| Basis of Allotment | 11 September 2025 |
| Initiation of Refund | 12 September 2025 |
| Credit of Shares to Demat | 12 September 2025 |
| IPO Listing Date | 15 September 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 10, 2025 |
Vashishtha Luxury Fashion IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,66,400 |
| Retail (Max) | 2 | 2,400 | ₹2,66,400 |
| S-HNI (Min) | 3 | 3,600 | ₹3,99,600 |
| S-HNI (Max) | 7 | 8,400 | ₹9,32,400 |
| B-HNI (Min) | 8 | 9,600 | ₹10,65,600 |
Competitive Strengths
- Consistency in quality.
- Rich management experience and skilled team.
- Customer centric business model.
- Smooth flow of operations.
- Scalable business model.
Company Promoters
- Mr. Ravindra Dhareshivkar
- Mr. Mustak Odiya
- Ms. Archana Odiya
Company Financials (Standalone)
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹6.86 Cr | ₹5.38 Cr | ₹ 1.05 Cr | ₹3.44 Cr |
| 31 March 2024 | ₹7.45 Cr | ₹6.91 Cr | ₹0.32 Cr | ₹3.26 Cr |
| 31 March 2025 | ₹10.88 Cr | ₹9.01 Cr | ₹1.42 Cr | ₹2.07 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 28.28% |
| ROCE | 31.43% |
| Debt/Equity | 0.34 |
| RoNW | 64.49% |
| PAT Margin | 14.14% |
| EBITDA Margin | 22.08% |
| Price to Book Value | 6.95 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.14 | 6.04 |
| P/E (x) | 12.14 | 18.38 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding the capital expenditure requirement of the Company towards the purchase of Embroidery Machines for expansion. | ₹3.64 |
| Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company. | ₹2.69 |
| General Corporate Purposes. | – |
✅Strengths
- 100% Export House with global clientele.
- Premium clothing, accessories & embroidery.
- Sample unit in Mumbai for quick innovation.
- Focus on craftsmanship & design.
- Experienced promoters.
⚠️Risks
- Limited operating history.
- Past compliance delays.
- Dependence on key foreign clients.
- Fashion trends change quickly.
- First-time listing, no prior market.
Vashishtha Luxury Fashion IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 66.08% |
Vashishtha Luxury Fashion IPO Prospectus
Company Contact Information
| Vashishtha Luxury Fashion Ltd. 307 and 308, Sun Industrial Estate, Sun Mill Compound Lower Parel West, Delisle Road, Mumbai, Maharashtra, 400013 Phone: +91 22 4972 3618 Email: cs@vashishthaluxuryfashion.c Website: http://www.vashishthaluxuryfashion |
Vashishtha Luxury Fashion IPO Registrar
| Bigshare Services Pvt.Ltd. Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Vashishtha Luxury Fashion IPO Lead Manager(s)
| 1. Expert Global Consultants Pvt.Ltd. |
Vashishtha Luxury Fashion IPO FAQ
| What is Vashishtha Luxury Fashion IPO? Vashishtha Luxury Fashion IPO is an SME IPO. The issue is priced at ₹109 – ₹111 per equity share. The IPO is to be listed on BSE SME. |
| When Vashishtha Luxury Fashion IPO will open? The IPO is to open on 05 September 2025 for QIB, NII, and Retail Investors. |
| What is Vashishtha Luxury Fashion IPO Investors Portion? The investors’ portion for QIB – 10%, NII – 35%, and Retail – 55%. |
| What is the Vashishtha Luxury Fashion IPO Size? Vashishtha Luxury Fashion IPO size is ₹8.87 Crore. |
| What is Vashishtha Luxury Fashion IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 2400 Shares with ₹2,66,400 amount, while the maximum bid is 2400 Shares with ₹2,66,400. |
| What is the Vashishtha Luxury Fashion IPO Allotment Date? Vashishtha Luxury Fashion IPO allotment date is 11 September 2025. |
| What is the Vashishtha Luxury Fashion IPO Listing Date? Vashishtha Luxury Fashion IPO listing date is 15 September 2025. The IPO is to be listed on the BSE SME. |
