Vashishtha Luxury Fashion, a Mumbai-based export house, launched its IPO on Friday, aiming to raise Rs 8.87 crore. The IPO, priced at Rs 109-111 per share, will fund expansion and debt reduction. The company, specializing in high-fashion hand embroidery and apparel, has shown strong financial growth with a 46% revenue increase in FY25.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets