Vashishtha Luxury Fashion IPO GMP, Price, Date, Allotment & Listing Details

The Vashishtha Luxury Fashion IPO is one of the upcoming SME IPOs in September 2025, attracting interest from investors who follow the niche fashion and luxury segment. With a modest issue size of ₹8.87 crores, this IPO provides an opportunity for retail and HNI investors to participate in the growing luxury fashion market in India.

In this article, we cover the Vashishtha Luxury Fashion IPO GMP (Grey Market Premium), price band, subscription dates, lot size, allotment process, and listing details to help investors make an informed decision.

Vashishtha Luxury Fashion IPO Overview

IPO Size: ₹8.87 Crores
Issue Type: 100% Fresh Issue (0.08 crore equity shares)
Face Value: ₹10 per share
Price Band: ₹109 – ₹111 per share
Listing Exchange: BSE SME
IPO Open Date: September 5, 2025
IPO Close Date: September 10, 2025
Allotment Date: September 11, 2025 (Tentative)
Listing Date: September 15, 2025 (Tentative)
The IPO is being launched as a Book Built Issue, which allows price discovery through investor demand within the fixed price band.

Lot Size & Minimum Investment
The IPO requires a high entry point, in line with SME IPO norms:

Lot Size (Retail): 1,200 shares
Minimum Application (Retail): 2 lots = 2,400 shares = ₹2,66,400 (at upper price band)
Minimum Application (HNI): 3 lots = 3,600 shares = ₹3,99,600

This high ticket size makes it more suitable for serious investors with higher risk appetite rather than small retail participants.

Company Background – Vashishtha Luxury Fashion Limited
Vashishtha Luxury Fashion Limited operates in the premium and luxury fashion space, focusing on apparel, accessories, and niche lifestyle products. With increasing demand for high-quality fashion in India’s growing middle and upper-class segments, the company seeks to expand its presence and strengthen its brand value.

The IPO proceeds will primarily be used for business expansion, working capital requirements, and enhancing distribution channels to reach a larger consumer base.

Industry Outlook – Indian Luxury Fashion Market
India’s fashion and luxury retail market has seen rapid growth over the past decade, driven by:

Rising disposable incomes
Urbanization and exposure to global fashion trends
Growth of e-commerce and digital-first fashion brands
Increasing demand for premium and luxury lifestyle products

The Indian luxury fashion industry is expected to continue its expansion in the coming years, creating opportunities for players like Vashishtha Luxury Fashion to strengthen their market share.

Vashishtha Luxury Fashion IPO GMP (Grey Market Premium)
Date: September 2, 2025 (10:36 AM)
GMP Today: ₹0
IPO Price (Cap): ₹111
Estimated Listing Price: ₹111 (Cap Price + GMP)
Expected Gain/Loss: 0%
Currently, the Vashishtha Luxury Fashion IPO GMP is flat at ₹0, which means no premium is being offered in the grey market. Analysts suggest that listing gains appear unlikely unless subscription demand increases significantly in the final bidding days.

Important IPO Dates
Event - Date
IPO Opens
September 5, 2025
IPO Closes
September 10, 2025
Basis of Allotment
September 11, 2025
Refunds
September 12, 2025
Credit to Demat
September 12, 2025
Listing Date
September 15, 2025
How to Check Vashishtha Luxury Fashion IPO Allotment Status?
Investors who applied for the IPO can check their allotment status online:

Visit the Registrar’s Official Website.
Select “Vashishtha Luxury Fashion IPO” from the dropdown list.
Enter PAN number / Application number / DP ID-Client ID.
Click Submit to view allotment details.
Peer Comparison – Recent SME IPOs
SME IPOs in the lifestyle and consumer segments have shown mixed performance. While some fashion and apparel-related SMEs listed at a premium, others saw muted responses due to high valuations and limited market liquidity.

The flat GMP trend of Vashishtha Luxury Fashion IPO suggests that investors should be cautious and not rely solely on short-term listing gains.

Analyst Notes & Recommendations
Strengths:
100% fresh issue; funds will support expansion and growth.
Exposure to India’s fast-growing luxury fashion industry.
Listing on BSE SME increases visibility among niche investors.

Risks:
High entry cost (₹2.66 lakh for retail investors).
No GMP premium, signaling muted listing expectations.
SME IPOs usually have lower liquidity compared to mainboard issues.

Verdict: Investors with a long-term outlook on India’s luxury fashion industry may consider applying. However, those seeking quick listing gains should be cautious, as the current GMP shows no premium.

Conclusion
The Vashishtha Luxury Fashion SME IPO is a ₹8.87 crore fresh issue, opening on September 5, 2025 and listing on September 15, 2025 at the BSE SME exchange. With a price band of ₹109–₹111 per share and a minimum investment of ₹2,66,400, it caters to investors with a higher risk appetite.

At present, the Vashishtha Luxury Fashion IPO GMP stands at ₹0, suggesting no immediate premium in the grey market. Investors should closely track subscription demand, company fundamentals, and industry outlook before making a decision.

 
Vashishtha Luxury Fashion SME IPO – FAQs

Q1. What is the size of the Vashishtha Luxury Fashion SME IPO?
 The IPO size is ₹8.87 crores, entirely a fresh issue of shares.

Q2. What is the price band of the IPO?
 The IPO price band is fixed between ₹109 – ₹111 per share.

Q3. What is the minimum investment required?
 Retail investors must apply for at least 2 lots (2,400 shares), requiring ₹2,66,400.

Q4. When will allotment be announced?
 The allotment is expected on September 11, 2025.

Q5. When will the IPO list?
 The tentative listing date is September 15, 2025, on BSE SME.

Q6. What is the GMP today?
 As of the latest update, the GMP is ₹0.

Q7. How can I check allotment status?
 You can check on the registrar’s official portal using PAN, DP ID, or application number.

Q8. Is the IPO good for listing gains?
 Currently, no. GMP indicates a flat listing.

Q9. What is the lot size?
 Lot size is 1,200 shares per lot.

Q10. Should I apply for this IPO?
 Apply only if you believe in the company’s long-term growth prospects in the luxury fashion industry.