Vashishtha Luxury Fashion IPO Sees Limited Demand, Subscribed 2.18x by Day 4

Vashishtha Luxury Fashion Limited's initial public offering (IPO) has demonstrated limited investor interest through its fourth and final day of subscription, with Vashishtha Luxury Fashion's stock price set at ₹109-111 per share reflecting cautious market reception. The ₹8.87 crore IPO reached 2.18 times by 5:04:35 PM on day four, indicating limited investor interest in this high fashion hand embroidery work and garments export company incorporated in 2010.

Vashishtha Luxury Fashion IPO non-institutional investors segment leads with moderate 2.47 times subscription, whilst individual investors demonstrate moderate participation at 2.16 times and qualified institutional buyers (ex-anchor) show modest interest at 1.27 times, reflecting measured investor confidence in this company.

Vashishtha Luxury Fashion IPO subscription reached limited 2.18 times on day four, led by Non-Institutional Investors (2.47x), Individual Investors (2.16x), and Qualified Institutional Buyers Ex-Anchor (1.27x). Total applications reached 479.
 

Subscription Status of Vashishtha Luxury Fashion IPO:

Here are the subscription details for Vashishtha Luxury Fashion IPO as of Day 4 (September 10, 2025, 5:04:35 PM):

Vashishtha Luxury Fashion IPO Reservation

Key Highlights - Day 4:

• Overall subscription reached limited 2.18 times, showing modest improvement from day three's 1.12 times.
• Non-institutional investors category displaying moderate interest at 2.47 times, building substantially from day three's 1.09 times
• Individual investors displaying moderate confidence at 2.16 times, building substantially from day three's 1.16 times
• Qualified institutional buyers (ex-anchor) showing modest growth at 1.27 times, building from day three's 1.00 times
• Total applications reached 479, indicating minimal investor participation for this SME IPO
• Cumulative bid amount reached ₹18.33 crores, exceeding the issue size of ₹8.87 crores

Vashishtha Luxury Fashion IPO - Day 3 Subscription at 1.12 Times

Key Highlights - Day 3:

• Overall subscription reaching modest 1.12 times, showing substantial improvement from day two's 0.18 times
• Individual investors displaying modest confidence at 1.16 times, building substantially from day two's 0.32 times
• Non-institutional investors showing modest performance at 1.09 times, building dramatically from day two's nil subscription
• Qualified institutional buyers showing minimal performance at 1.00 times, building from day two's nil subscription

Vashishtha Luxury Fashion IPO - Day 2 Subscription at 0.18 Times

Key Highlights - Day 2:

• Overall subscription reaching limited 0.18 times, showing improvement from day one's 0.08 times
• Individual investors displaying limited confidence at 0.32 times, building substantially from day one's 0.13 times
• Non-institutional investors showing nil performance at 0.00 times, showing decline from day one's 0.01 times
• Qualified institutional buyers showing nil performance at 0.00 times, unchanged from day one's nil subscription

Vashishtha Luxury Fashion IPO - Day 1 Subscription at 0.08 Times

Key Highlights - Day 1:

• Overall subscription reached minimal 0.08 times, showing very cautious initial investor interest
• Individual investors displaying minimal confidence at 0.13 times, showing weak retail sentiment
• Non-institutional investors showing minimal performance at 0.01 times, indicating very weak HNI appetite
• Qualified institutional buyers showing nil performance at 0.00 times, demonstrating no institutional appetite

About Vashishtha Luxury Fashion Limited

Incorporated in 2010, Vashishtha Luxury Fashion Limited is an Indian fashion export company engaged in high fashion hand embroidery work, accessories and finished garments, serving as a 100% export house for fashion brands in Europe, U.K., U.S., Australia and Turkey, offering customized apparel designs for couture and prêt-à-porter segments with operations in Mumbai through subsidiary Vashishtha Embroidery Private Limited.