Vedant Asset Ltd. has announced public offering of 750000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 30.00 per share. The gross proceeds of the issue are expected to be Rs 300.00 lakhs.

The company's initial public offer (IPO) will open on 30 September 2022 and is expected to close on 04 October 2022, subject to customary closing conditions.

The IPO includes a fresh Issue of 750000 Equity Shares of the Company at an price of Rs 40.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 3000 shares with bids in multiples of 3000.

Vedant Asset Ltd. anticipates using the proceeds of the issue for .

Hem Securities Ltd as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.