BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct's IPO Report
Vedant Fashions Ltd. is a category leader in the branded Indian wedding and celebration market under the brand ‘Manyavar’. It has a differentiated business model combining strengths of retailing with branded consumer play.
Its widespread distribution network consisting of 535 exclusive branded outlets (90% of revenue) with a footprint of 1.2 million square feet.
Strong operating metrics with one of the industry’s highest profit after tax margin of ~26% (FY20) and capital efficient business model with return on capital employed of ~32% as on FY20.
Vedant Fashions' revenue per store was at Rs 2.4 crore as on FY20.
Click on the attachment to read the full IPO report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR