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KRChoksey Research's IPO Report
Incorporated in 2002, Vedant Fashions Ltd. is headquartered at Kolkata founded by Mr. Ravi Modi. It offers Indian wedding and celebrations wear for men, women and kids. It operates through omni-channel network of 546 exclusive brand outlets, 825 multi-brand outlets and 145 large format stores and through online platforms.
Vedant Fashion is the largest company in India in the men’s Indian wedding and celebration wear in terms of revenue, Ebitda and profit after tax for FY20.
In addition, the company has developed order placement through its website (www.manyvar.com), mobile application (launched in 2020) and through leading lateral e-commerce platforms.
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