Vedant Asset IPO will be Open on 30 September 2022 and closes on 04 October 2022. The company has fixed the price of this IPO at ₹40 according to the face value of ₹10. The company will raise ₹3.00 Crores through this IPO under the 7,50,000 Equity Shares public issue. And the offer is 100% Fixed Price Issue. You can check here to know Vedant Asset IPO GMP and Vedant Asset IPO subscription status here.
Vedant Asset Limited is 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 our Mutual fund distribution business.
Vedant Mitra Kendra acts as Banking – Customer services Point (CSPs) to fulfil all the necessary banking requirements of the people, Adhaar enabled payment system, Direct Money Transfer (DMT), investment in Mutual Funds – mPOS, PAN related services, Insurance services, Loan services and recharge services along with Air, rail and Bus ticketing etc.
The company also looking towards expanding our services in the field of disbursing Government DBT subsidies, Adhaar linked subsidies and providing essential services through our network of Vedant Mitra Kendra. The company believe in taking the financial services to the last mile and in creating an aggressive business model both for our partners and Clients.
Objects Of The Issue :
- Financing the expenditure for Business Expansion
- To meet working capital requirements;
- General Corporate Purpose;
- To meet issue expenses.
Company Strengths :
- Strong product tie ups and Multi-product support
- Single point solution
- Technology & Integration Expertise
- Team to support business Growth
- Experienced & Qualified Management Team
| Read also: Upcoming IPO List 2022 |
Vedant Asset IPO Review :
■ AVOID
Vedant Asset IPO GMP Live:
Vedant Asset IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 01 Oct 2022 | ₹-₹ | ₹ |
| 30 Sep 2022 | ₹0-₹0 | ₹0 |
| 29 Sep 2022 | ₹0-₹0 | ₹0 |
| 28 Sep 2022 | ₹0-₹0 | ₹0 |
Vedant Asset IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 30 September 2022 |
| IPO Close : | 04 October 2022 |
| IPO Size : | ₹3.00 Cr {7,50,000 Shares} |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹40 Per Share |
| Listing On : | BSE, SME |
| Issue Size : | ₹3.00 Cr {7,50,000 Shares} |
| Fresh Issue : | ₹3.00 Cr {7,50,000 Shares} |
| Offer For Sale : | ₹-. Cr |
Vedant Asset IPO Market Lot :
Vedant Asset IPO Minimum Market lot is 1 Lot with 3000 shares with ₹120,000 Application amount. The retail investors can apply up to 1 lots with 3000 Shares or ₹120,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 3000 Shares |
| Minimum Amount : | ₹120,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 3000 Shares |
| Maximum Amount : | ₹120,000 |
Vedant Asset IPO Shares Offer :
A Total of 7,50,000 shares are to be bid for the public issue by Vedant Asset IPO with 7,50,000 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 7,50,000 | ₹3.00 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 7,50,000 | ₹3.00 Cr |
Vedant Asset IPO Reservation :
Vedant Asset IPO Total Reservation of 7,50,000 shares are to be bid for the public issue by Vedant Asset IPO with – for QIB and 3,54,000 for NII 3,54,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹- |
| NII : | 50% | 3,54,000 | ₹1.42 Cr |
| RII : | 50% | 3,54,000 | ₹1.42 Cr |
| MMRP : | – % | 42,000 | ₹0.16 |
| Total : | 100% | 7,50,000 | ₹3.00 Cr |
Vedant Asset IPO Dates :
Vedant Asset IPO Date is 29 September 2022 and closes on 04 October 2022. The allotment will be finalized on 10 October 2022 and the IPO may list on 13 October 2022.
| Issue Oopen Date : | 29 September 2022 |
| Issue Close Date : | 04 October 2022 |
| Allotment Date : | 10 October 2022 |
| Refund Date : | 11 October 2022 |
| Share Credit Date : | 12 October 2022 |
| Listing Date : | 13 October 2022 |
Vedant Asset IPO Form :
There are two ways to apply in Vedant Asset IPO. You can apply for Vedant Asset IPO through ASBA available in your bank account. You have to go to your online bank login and select Vedant Asset IPO in the Invest section and apply through your bank account. Another option is you can apply Vedant Asset IPO through IPO form download through NSE and BSE. See the Vedant Asset IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Vedant Asset Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹167.23 | ₹148.86 | ₹13.81 |
| 2021 | ₹113.47 | ₹101.98 | ₹8.68 |
| 2020 | ₹61.23 | ₹56.63 | ₹3.40 |
Company Promoters :
■ Mr. Lallit Tripathi
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Vedant Asset IPO Lead Managers :
■ Hem Securities Limited
Vedant Asset IPO Registrar :
Bigshare Services Private Limited
Address: S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai – 400093, India.
Tel No.: +91 22 6263 8200
Facsimile: +91 22 6263 8299
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.bigshareonline.com
Note: Check Vedant Asset IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Vedant Asset Limited
3rd Floor, Gayways House,
Pee Pee Compound,
Ranchi, Jharkhand 834001, India
Tel. No.: +91 0651-3594782
E-mail: [email protected]
Website: www.vedantasset.com
Vedant Asset IPO FAQs :
What is Vedant Asset IPO?
Vedant Asset IPO is SME IPO. They are going to raise ₹3.00 Crores via IPO. The issue is priced at ₹40 per equity share. The IPO to be listed on BSE, SME.
When Vedant Asset IPO will open?
The IPO is to open on 29 Sep -04 Oct for QIB, NII & RII.
What is Vedant Asset IPO Size?
Vedant Asset IPO size is ₹3.00 Crores.
What is the Fresh issue size of Vedant Asset IPO?
The Fresh issue size of Vedant Asset IPO ₹3.00 Cr.
What is the Offer For Sale size of Vedant Asset IPO?
The Offer For Sale size of Vedant Asset IPO ₹0 Cr.
What is Vedant Asset IPO Price Band?
Vedant Asset IPO Price Band is ₹40 Per share.
What is Vedant Asset IPO Minimum and Maximum Lot Size?
The minimum bid is 3000 Shares with ₹120,000 amount while the maximum bid is 3000 shares with ₹120,000.
What is Vedant Asset IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Vedant Asset IPO Allotment Date?
Vedant Asset IPO allotment date is 10 October 2022.
What is Vedant Asset IPO Listing Date?
Vedant Asset IPO listing date is 13 October 2022. The IPO to list on BSE, SME.
How to Apply the Vedant Asset IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Vedant Asset IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Vedant Asset IPO through Upstox?
“BSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Vedant Asset IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Vedant Asset IPO through Groww?
“BSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Vedant Asset IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Vedant Asset IPO through Paytm Money?
“BSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Vedant Asset IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Vedant Asset GMP: Click Here Vedant Asset Subscription: Click Here Vedant Asset Allotment: Click Here Vedant Asset Listing: Click Here |
All Vedant Asset IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.