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IPO Snapshot  
Vedant Asset Ltd.
Issue Open Date  30-Sep-22
Issue Closing Date  04-Oct-22
Application Money 100
Allotment Money  
Price Band(Rs.) 40 -  
Minimum Bid Quantity. 3000  
Issue Size (Shares) 750000  
Market Lot 1  
Objective
1. Financing the expenditure for Business Expansion2. To meet working capital requirements3. General Corporate Purpose4. To meet issue expenses.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     15132000    
Qualified Institutional Buyers     84000    
Retail Individual Investors     84000    
Business Description
Our company 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
Promoter's Holding
Total Share Capital   2011400  
Offered to Public   750000  
Promoter's Holding (Pre-Issue)   99.99  
Promoter's Holding (Post-Issue)   72.83  
More
Address
3rd Floor
Gayways House
Pee Pee Compound

Ranchi ,
Jharkhand ,
834001
Phone : 0651 3594782
Email : cs@vedantasset.com
Website : www.vedantasset.com
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE
Lead Manager
Hem Securities Ltd.
Promoters
Lallit Tripathi
Priyanka Maheshwari
 
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