×
169
Fashion Jobs
EXTRAMARKS EDUCATION
Area Sales Manager- B2B Sales
Permanent · Guntur
EXTRAMARKS EDUCATION
Area Sales Manager- B2B Sales
Permanent · Guntur
SH MATRIX ENTERPRISES
Sales Manager
Permanent · Gurugram
BGPS MANAGEMENT SOLUTIONS PRIVATE LIMITED
Area Sales Manager
Permanent · Ahmedabad
RYPE FINTECH PRIVATE LIMITED
Opening For Channel Sales Manager
Permanent · Bengaluru
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Asst. Manager Quality / Quality Line Officer- Garments Industry
Permanent · Bhiwandi
ANJNEY
Sales Manager/ Area Sales Manager - Industrial Products
Permanent · Ahmedabad
SH MATRIX ENTERPRISES
Sales Manager
Permanent · Gurugram
PROPERTYXPO.COM
Area Sales Manager| Real Estate Portfolio Management | Gurgaon
Permanent · Gurugram
DLIGHT ENERGY PVT. LTD.
Hiring For Area Sales Manager | Pune/ Nagpur | d.Light Energy
Permanent · Pune
NATURELAND ORGANIC FOODS PRIVATE LIMITED
Area Sales Manager (Chennai)
Permanent · Chennai
NATURELAND ORGANIC FOODS PRIVATE LIMITED
Area Sales Manager (Maharashtra)
Permanent · Mumbai
EXTRAMARKS EDUCATION
Area Sales Manager- B2B Sales
Permanent · Nashik
OLIVE GREEN CONSULTING LLP
Urgently Looking For Area Sales Manager
Permanent · National Capital Region
DEEP CHAND DIALYSIS CENTRE PVT. LTD.
Immediate Joining For Area Sales Manager @ Kolkata
Permanent · Kolkata
MEDLEY PHARMACEUTICALS LTD
Area Sales Manager/ District Manager - Bhopal
Permanent · Bhopal
DREAM HOME PLASTO WARE IND
Production Manager
Permanent · Alwar
MEDLEY PHARMACEUTICALS LTD
Area Sales Manager/ District Manager - Bhopal
Permanent · Bhopal
EXTRAMARKS EDUCATION
Area Sales Manager- B2B Sales
Permanent · Nashik
TITAN BIOTECH LIMITED
Area Sales Manager
Permanent · Hyderabad
OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
Permanent · Daman
FEDBANK FINANCIAL SERVICES LTD
Area Sales Manager For Gold Loan - Chennai
Permanent · Chennai
Published
Feb 4, 2022
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Manyavar owner Vedant Fashions collects Rs 945 crore ahead of IPO

Published
Feb 4, 2022

Ethnic wear brand Manyavar’s parent company Vedant Fashions Limited raised Rs 945 crore from its anchor investors ahead of its initial public offering which launched on February 4. 

Brand ambassador Ranveer Singh for Manyavar - Manyavar- Facebook


The day before launching its IPO, Vedant Fashions Limited announced that it had garnered funds from its anchor investors which include Government of Singapore, Monetary Authority of Singapore, Fidelity, Nomura, Abu Dhabi Investment Authority, Morgan Stanley Asia (Singapore) Pte, BNP Paribas Arbitrage, and Societe Generale, the Press Trust of India reported. 
 
The business chose to allot over 109 lakh equity shares to its anchor investors at Rs 866 per equity share. This also makes up the upper band of the IPO and aggregates the total transaction size to Rs 944.75 crore, Vedant Fashions Limited said in a circular which is uploaded to the Bombay Stock Exchange’s website.

The IPO, which rolled out on Friday, is an offer for sale of 363.6 lakh equity shares by the business’ promoters and existing shareholders. The business’ promoters are Ravi Modi, Shilpi Modi, and the Ravi Modi Family Trust and the IPO will conclude on February 8. 
 
“We seek to grow our retail network and product reach by entering new geographies, including in Tier 2 and 3 towns and cities in India, as we believe that these markets offer significant growth opportunities for us,” said the business in its red herring prospectus. 

Copyright © 2022 FashionNetwork.com All rights reserved.