Vedant Fashions is India’s largest company in the men’s Indian wedding and celebration wear segment (in terms of Revenue, OPBDIT and PAT for the Financial Year 2020). Edelweiss Financial Services has successfully closed INR 31,500mn (c.US$ 421mn) Initial Public Offering (IPO) for Vedant Fashions. Despite market volatility and correction in Indian stock market, Vedant Fashions listed at a premium of 8%.
Edelweiss served as the Book Running Lead Manager (BRLM) to Vedant Fashions in the INR 31,500mn (c.US$ 421mn) Initial Public offering.
Edelweiss Financial Services
Advised in the sale of
Vedant Fashions Limited
to