31 Mar 2020
Assets0.83
Total Income0.61
Profit After Tax0.03
NET Worth0.05
Reserves and Surplus0.04
Total Borrowing0.74
At a glance
Updated 2026-09-17The shares listed at ₹65.00, a 62.50% move from the issue price. Vedant Asset is a SME IPO with an issue size of ₹3.00 crore, proposed for listing on BSE SME. The offer opens on 30th Sep 2022 and closes on 4th Oct 2022. The issue structure includes a fresh issue of ₹2.83 crore. The current listing schedule points to 12th Oct 2022.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹3.00 Cr
Fresh issue₹2.83 Cr
Face value₹10
Price band—–—
Allotment10th Oct 2022
Listing12th Oct 2022
Listing performance
Full performance ↗Issue price₹40.00
Listing price₹65.00
Current price—
Listing gain62.50%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹16.00
GMP / upper priceNO DATA
Est. listing₹56.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens30th Sep 2022
Closes4th Oct 2022
Allotment10th Oct 2022
Refund11th Oct 2022
Demat12th Oct 2022
Listing12th Oct 2022
Subscription demand
Full bidding ↗Total49.07×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3000 | — |
Company
Incorporated2015
Use of proceeds
| Object | Amount |
|---|---|
| Financing the expenditure for Business Expansion | ₹1.07 Cr |
| To meet working capital requirements | ₹1.30 Cr |
| General Corporate Purpose | ₹0.22 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue1.67₹ Cr · +47.8% vs prior year
PAT0.14₹ Cr · +55.6% vs prior year
Assets2.55₹ Cr · +6.7% vs prior year
Net Worth2.28₹ Cr · +6.5% vs prior year
Borrowing0.00₹ Cr · -100.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2021
Assets2.39
Total Income1.13
Profit After Tax0.09
NET Worth2.14
Reserves and Surplus0.13
Total Borrowing0.17
31 Mar 2022
Assets2.55
Total Income1.67
Profit After Tax0.14
NET Worth2.28
Reserves and Surplus0.27
Total Borrowing0.00
KPIs
| KPI |
|---|
| RoNW |
Valuation & shareholding
Pre-IPO EPS0.69
Pre-IPO P/E80
Promoter holding pre99.99%
Promoter holding post72.83%
Market cap₹11.05 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Vedant Asset IPO | — | 80.00 x | — | — |
| Finbud Financial IPO | — | 27.08 x | — | — |
| Sodhani Capital IPO | — | 18.55 x | — | — |
| Dar Credit IPO | — | 14.12 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manger Fee | ₹0.15 Cr |
| Fees Payable to Registrar to the Issue | ₹0.01 Cr |
| Fees Payable for Advertising and Publishing Expenses | ₹0.03 Cr |
| Fees Payable to Regulators including Stock Exchanges | ₹0.04 Cr |
| Payment for Printing & Stationery, Postage, etc. | ₹0.02 Cr |
| Fees Payable to Auditor, Legal Advisors and other Professionals | ₹0.03 Cr |
| Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees*, Underwriting fees and Miscellaneous Expenses) | ₹0.15 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Hem Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-17.
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