Company Vedant Fashions Limited

Equities

MANYAVAR

INE825V01034

Apparel & Accessories Retailers

Delayed NSE India S.E. 06:47:35 13/05/2024 BST 5-day change 1st Jan Change
975.8 INR -0.79% Intraday chart for Vedant Fashions Limited +4.42% -23.19%

Business Summary

Vedant Fashions Limited is an India-based company. The Company is primarily engaged in manufacturing, trading and sale of readymade ethnic wear for men, women and kids primarily in India under the brand names Manyavar, Mohey, Mebaz, Twamev and Manthan. The Company operates primarily in the manufacturing and trading of readymade garments being Indian wedding and celebration wear for men, women and kids. The Company’s products include men's ethnic and celebration wear items, such as Indo-western, sherwanis, kurtas, and jackets, and accessories, such as jutti, safa and mala, and women’s ethnic and celebration wear items, such as lehengas, sarees, stitched suits, gowns and kurtis. The Company operates through a single segment, branded fashion apparel and accessories. The Company has approximately 600+ stores in over 200 cities and in three countries with 11 international stores in the United Arab Emirates and the United States.

Number of employees: 744

Sales per Business

INR in Million2023Weight2024Weight Delta
Branded Fashion Apparel and Accessories
100.0 %
13,530 99.9 % 13,675 100.0 % +1.08%

Sales per region

INR in Million2023Weight2024Weight Delta
India
100.0 %
13,251 97.9 % 13,675 100.0 % +3.20%

Managers

Managers TitleAgeSince
Chief Executive Officer 47 31/12/98
Director of Finance/CFO - 30/04/21
Compliance Officer - -
Corporate Officer/Principal - -
Sales & Marketing 51 03/09/23

Members of the board

Members of the board TitleAgeSince
Director/Board Member 49 23/08/17
Director/Board Member 56 05/09/21
Director/Board Member 45 05/09/21
Chief Executive Officer 47 31/12/98
Director/Board Member 45 22/05/02
Director/Board Member - 05/09/21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 242,872,608 60,787,616 ( 25.03 %) 0 25.03 %

Shareholders

NameEquities%Valuation
Ravi Modi Family Trust
57.17 %
138,859,330 57.17 % 1 546 M ₹
Ravi Modi
16.70 %
40,569,556 16.70 % 452 M ₹
SBI Funds Management Ltd.
3.565 %
8,658,512 3.565 % 96 M ₹
Kotak Mahindra Asset Management Co. Ltd.
1.556 %
3,779,786 1.556 % 42 M ₹
ICICI Prudential Life Insurance Co. Ltd. (Invt Port)
1.407 %
3,418,246 1.407 % 38 M ₹
2,656,104 1.094 % 30 M ₹
Canara Robeco Asset Management Co. Ltd.
0.9475 %
2,301,127 0.9475 % 26 M ₹
Kotak Mahindra Asset Management (Singapore) Pte Ltd.
0.6938 %
1,684,904 0.6938 % 19 M ₹
PGIM India Asset Management Pvt Ltd.
0.5515 %
1,339,498 0.5515 % 15 M ₹
White Oak Capital Partners Pte Ltd.
0.4323 %
1,049,802 0.4323 % 12 M ₹

Company contact information

Vedant Fashions Ltd.

Paridhan Garment Park 19 Canal South Road

700015, Kolkata

+91 33 2323 5353

http://www.vedantfashions.com
address Vedant Fashions Limited(MANYAVAR)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
983.6 INR
Average target price
1,138 INR
Spread / Average Target
+15.71%
Consensus
  1. Stock Market
  2. Equities
  3. MANYAVAR Stock
  4. Company Vedant Fashions Limited