Vashishtha Luxury Fashion SME IPO Subscription
ListedUpdated 15 September 2025, 9:15 AM IST· BSE SME
Vashishtha Luxury Fashion SME IPO subscription closed on 10 September 2025 at 2.18x overall by shares. QIB demand came in at 1.27x, NII at 2.62x, and retail at 2.16x. See Retail, SHNI, and BHNI allotment chances in the…
Vashishtha Luxury Fashion SME IPO subscription closed on 10 September 2025 at 2.18x overall by shares. QIB demand came in at 1.27x, NII at 2.62x, and retail at 2.16x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 11 September 2025. Listing date on NSE and BSE is 15 September 2025.
Vashishtha Luxury Fashion SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 5 Sept 2025 | 0.00x | 0.01x | 0.13x | 0.08x |
| Day 2 - 8 Sept 2025 | 0.00x | 0.00x | 0.32x | 0.18x |
| Day 3 - 9 Sept 2025 | 1.00x | 1.09x | 1.16x | 1.12x |
| Day 4 - 10 Sept 2025 | 1.27x | 2.47x | 2.16x | 2.18x |
Vashishtha Luxury Fashion SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Vashishtha Luxury Fashion SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 2.16x | 1 in 2 |
| SHNI (Rs 2L to Rs 10L) | 2.12x | 1 in 2 |
| BHNI (above Rs 10L) | 0.96x | Very high |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Vashishtha Luxury Fashion SME IPO Allotment Status page from 11 September 2025 for your result.
Vashishtha Luxury Fashion SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 111.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 83.92 L | Rs 1.07 Cr | 1.27x |
| FII | - | Rs 83.92 L | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 22.64 L | - |
| NII | Rs 2.94 Cr | Rs 7.73 Cr | 2.62x |
| bNII (above Rs 10L) | Rs 1.96 Cr | Rs 5.59 Cr | 2.85x |
| Corporate | - | Rs 1.09 Cr | - |
| Individual | - | Rs 4.29 Cr | - |
| Other | - | Rs 21.31 L | - |
| sNII (Rs 2L to Rs 10L) | Rs 98.12 L | Rs 2.13 Cr | 2.17x |
| Corporate | - | - | - |
| Individual | - | Rs 2.13 Cr | - |
| Other | - | - | - |
| IND | Rs 4.64 Cr | Rs 9.99 Cr | 2.16x |
| Fixed price | - | Rs 9.99 Cr | - |
| Total | Rs 8.42 Cr | Rs 18.78 Cr | 2.23x |
Vashishtha Luxury Fashion SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 63 | 2 | 0.03x |
| FII | - | 1 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 1 | - |
| NII | 74 | 100 | 1.35x |
| bNII (above Rs 10L) | 49 | 47 | 0.96x |
| Corporate | - | 7 | - |
| Individual | - | 38 | - |
| Other | - | 2 | - |
| sNII (Rs 2L to Rs 10L) | 25 | 53 | 2.12x |
| Corporate | - | - | - |
| Individual | - | 53 | - |
| Other | - | - | - |
| IND | 174 | 375 | 2.16x |
| Fixed price | - | 375 | - |
| Total | 311 | 477 | 1.53x |
What Do These Subscription Numbers Mean?
2.18x overall by shares means bids covered about 2 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 1.27x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (1.35x by applications). Split: SHNI 2.12x, BHNI 0.96x by applications. SHNI and BHNI allotment is by lottery.
At 2.16x subscription by applications, about 1 in 2 retail applicants may get allotment (~46% chance per application). Retail allotment is also by lottery.
Vashishtha Luxury Fashion SME IPO GMP After Subscription
GMP for Vashishtha Luxury Fashion SME stands at Rs 8.00 today, giving an estimated listing price of Rs 119.00 per share.
A subscription of 2.18x combined with a GMP of 7.21% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Vashishtha Luxury Fashion SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Vashishtha Luxury Fashion SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 5 September 2025 |
| IPO Close Date | 10 September 2025 |
| Allotment Date | 11 September 2025 |
| Refund Initiation | 12 September 2025 |
| Share Credit to Demat | 12 September 2025 |
| Listing Date | 15 September 2025 |
| Minimum Investment | Rs 2,66,400.00 |
| Lot Size | 1200 shares |
About Vashishtha Luxury Fashion SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Vashishtha Luxury Fashion SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Vashishtha Luxury Fashion SME Details
Issue size, price, financials, and company info
Vashishtha Luxury Fashion SME GMP
Live grey market premium and listing estimate
Vashishtha Luxury Fashion SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Vashishtha Luxury Fashion SME Allotment
Allotment date, chances, and check by PAN
Vashishtha Luxury Fashion SME Review
SWOT, strengths, risks, and IPO review
Vashishtha Luxury Fashion SME FAQ
Common questions on dates, GMP, and allotment
Vashishtha Luxury Fashion SME Registrar
Registrar website and how to check allotment
Vashishtha Luxury Fashion SME Timeline
Open, close, allotment, and listing dates
Vashishtha Luxury Fashion SME News
Updates, blogs, and latest IPO news
Vashishtha Luxury Fashion SME IPO Subscription FAQs
What is Vashishtha Luxury Fashion SME IPO subscription status today?
Vashishtha Luxury Fashion SME IPO subscription closed on 10 September 2025 with overall subscription of 2.18x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 1.27x, NII 1.35x, IND 2.16x.
What is the overall subscription of Vashishtha Luxury Fashion SME IPO?
Vashishtha Luxury Fashion SME IPO is subscribed 2.18x overall by shares at close on 10 September 2025. QIB 1.27x, NII 1.35x, and IND 2.16x.
What is Vashishtha Luxury Fashion SME IPO QIB subscription?
Vashishtha Luxury Fashion SME IPO QIB (Qualified Institutional Buyers) subscription is 1.27x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Vashishtha Luxury Fashion SME IPO IND subscription?
Vashishtha Luxury Fashion SME IPO IND subscription is 2.16x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Vashishtha Luxury Fashion SME IPO NII, SHNI, and BHNI subscription?
Vashishtha Luxury Fashion SME IPO NII subscription is 1.35x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 2.12x and BHNI (above Rs 10L) at 0.96x.
What are Vashishtha Luxury Fashion SME IPO retail allotment chances?
At 2.16x subscription by applications, about 1 in 2 retail applicants may get allotment (~46% chance per application). Allotment is by lottery.
What are Vashishtha Luxury Fashion SME IPO SHNI allotment chances?
At 2.12x subscription by applications, about 1 in 2 SHNI applicants may get allotment (~47% chance per application). Allotment is by lottery.
What are Vashishtha Luxury Fashion SME IPO BHNI allotment chances?
Vashishtha Luxury Fashion SME IPO BHNI share subscription is 2.85x. Application data is needed for exact lottery chances.
When is Vashishtha Luxury Fashion SME IPO allotment date?
Vashishtha Luxury Fashion SME IPO allotment date is 11 September 2025. Check Vashishtha Luxury Fashion SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Vashishtha Luxury Fashion SME IPO subscription close?
Vashishtha Luxury Fashion SME IPO subscription closed on 10 September 2025. No new applications are accepted after the close.
What is Vashishtha Luxury Fashion SME IPO GMP today?
Vashishtha Luxury Fashion SME IPO GMP is ₹8 today (+7.21% over issue price ₹111). See live GMP on the Vashishtha Luxury Fashion SME IPO GMP Today page.
What is Vashishtha Luxury Fashion SME IPO issue price and lot size?
Vashishtha Luxury Fashion SME IPO issue price is ₹111 per share. Lot size is 1200 shares. Minimum investment is ₹2,66,400 per lot (minimum 2 lots for SME). Issue size: ₹8.42 Cr.
When is Vashishtha Luxury Fashion SME IPO listing date?
Vashishtha Luxury Fashion SME IPO listing date is 15 September 2025 on NSE and BSE. Allotment is on 11 September 2025.
How does subscription affect Vashishtha Luxury Fashion SME IPO allotment?
In Vashishtha Luxury Fashion SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 2.18x overall, competition is moderate.
For allotment results from 11 September 2025, visit the Vashishtha Luxury Fashion SME IPO Allotment Status page. For listing day updates on 15 September 2025, download the IPOwiz App.
Sources
We match Vashishtha Luxury Fashion SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.