Mumbai, Sept. 15 -- The scrip was listed at Rs 118, a premium of 6.31% compared with the initial public offer (IPO) price. The stock is currently flat compared to its listing price.

The counter hit a high of Rs 123 and a low of Rs 112.10. About 6 lakh shares of the company changed hands at the counter.

Vashishtha Luxury Fashion's IPO was subscribed 2.11 times. The issue opened for bidding on 5 September 2025 and it closed on 10 September 2025. The price of the IPO was fixed between Rs 109 to Rs 111 per share.

The IPO comprised a fresh issue of 7,99,200 equity shares. The company intends to utilize the net proceeds for purchasing embroidery machines for expansion, prepayment or repayment of all or a portion of certain outstanding borrow...