Vedant Fashions shareholders and shareholding pattern

NSE: MANYAVARBSE: 543463RetailingSmall Cap

₹481.45₹8.60 (1.75%)BSE ₹481.15

Share price at the NSE close on 23 Oct 2026. Previous close ₹490.05.

52-week range of traded prices to 23 Oct 2026

₹329.20Low, 16 Mar 2026₹697.65High, 23 Oct 2025

Market cap: ₹11,698 Cr540th largest listed
P/E: 30.3
P/B: 6.0
Dividend yield: 1.61%
ROE: 20.6%
ROCE: 23.8%
Debt to equity: 0.00
Volume, NSE: 1,35,72748.4% delivered

Who owns Vedant Fashions, filing by filing

Per cent of the company's shares. Every filing on record, from Mar 2022; the latest is the filing for Sep 2026.

Sep 2026 filing

Promoters74.94%
Foreign institutions7.35%
Indian institutions14.17%
Individuals and others3.53%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Individuals and others

Per cent	Mar 2022Filed 21 Apr	Jun 2022Filed 20 Jul	Sep 2022Filed 19 Oct	Dec 2022Filed 20 Jan	Mar 2023Filed 21 Apr	Jun 2023Filed 19 Jul	Sep 2023Filed 20 Oct	Dec 2023Filed 16 Jan	Mar 2024Filed 19 Apr	Jun 2024Filed 21 Jul	Sep 2024Filed 21 Oct	Dec 2024Filed 20 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 18 Jul	Sep 2025Filed 16 Oct	Dec 2025Filed 14 Jan	Mar 2026Filed 15 Apr	Jun 2026Filed 20 Jul	Sep 2026Filed 16 Oct
	84.91%	84.91%	84.91%	84.89%	84.88%	75.00%	74.99%	74.98%	74.97%	74.97%	74.96%	74.96%	74.95%	74.95%	74.95%	74.94%	74.94%	74.94%	74.94%
Indian promoters	84.91%	84.91%	84.91%	84.89%	84.88%	75.00%	74.99%	74.98%	74.97%	74.97%	74.96%	74.96%	74.95%	74.95%	74.95%	74.94%	74.94%	74.94%	74.94%
	15.09%	15.09%	15.09%	15.11%	15.12%	25.00%	25.01%	25.02%	25.03%	25.03%	25.04%	25.04%	25.05%	25.05%	25.05%	25.06%	25.06%	25.06%	25.06%
	–	–	3.35%	3.41%	3.41%	6.27%	6.67%	7.74%	8.13%	9.04%	9.53%	10.55%	10.14%	9.89%	9.76%	9.30%	8.29%	7.95%	7.35%
Foreign portfolio investors, category I	–	–	3.35%	3.32%	3.35%	6.21%	6.62%	7.69%	8.03%	8.85%	9.32%	10.26%	9.90%	9.70%	9.64%	9.19%	8.03%	7.73%	7.26%
Foreign portfolio investors, category II	–	–	0.00%	0.09%	0.06%	0.06%	0.06%	0.06%	0.10%	0.19%	0.21%	0.28%	0.24%	0.18%	0.12%	0.10%	0.25%	0.22%	0.09%
	–	–	9.74%	9.71%	9.88%	15.57%	14.88%	13.73%	12.64%	11.89%	11.57%	10.37%	10.59%	11.10%	10.95%	12.00%	12.62%	13.20%	14.17%
Mutual funds	8.36%	8.82%	8.64%	8.61%	8.90%	12.79%	11.59%	10.28%	9.37%	9.04%	9.73%	8.61%	8.26%	8.77%	8.78%	9.73%	10.02%	10.71%	12.08%
Insurance companies	0.00%	0.00%	0.66%	0.64%	0.56%	2.20%	2.53%	2.63%	2.50%	2.33%	1.23%	1.05%	1.05%	1.21%	1.04%	1.08%	1.42%	1.39%	1.17%
Banks	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	0.00%	–	–	–	Under 0.01%
Provident and pension funds	0.00%	0.00%	0.05%	0.05%	0.02%	0.14%	0.25%	0.35%	0.31%	0.01%	0.00%	0.00%	0.00%	–	0.00%	–	–	–	–
Alternative investment funds	0.58%	0.39%	0.39%	0.41%	0.40%	0.44%	0.51%	0.47%	0.46%	0.51%	0.61%	0.72%	1.28%	1.12%	1.13%	1.19%	1.18%	1.09%	0.92%
Non-bank lenders registered with RBI	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	0.00%	0.00%	0.00%	–	0.00%	–	Under 0.01%	–	–
Sovereign wealth funds, Indian	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	2.00%	1.99%	1.83%	3.16%	3.45%	3.54%	4.25%	4.10%	3.94%	4.13%	4.32%	4.06%	4.35%	3.76%	4.15%	3.91%	3.53%
Resident individuals, up to ₹2 lakh at face value	–	–	1.58%	1.58%	1.43%	2.18%	2.32%	2.35%	2.98%	2.86%	2.71%	2.87%	2.89%	2.90%	3.23%	3.06%	3.29%	3.20%	2.73%
Resident individuals, over ₹2 lakh at face value	–	–	0.00%	0.00%	0.00%	0.00%	0.09%	0.09%	0.09%	0.10%	0.10%	0.10%	0.19%	0.10%	0.10%	0.10%	0.10%	–	–
Companies	–	–	0.26%	0.26%	0.26%	0.63%	0.74%	0.80%	0.78%	0.71%	0.70%	0.74%	0.77%	0.67%	0.62%	0.35%	0.45%	0.41%	0.48%
Non-resident Indians	–	–	0.11%	0.11%	0.11%	0.24%	0.26%	0.27%	0.36%	0.37%	0.37%	0.37%	0.40%	0.33%	0.32%	0.19%	0.22%	0.21%	0.21%
Foreign nationals	–	–	0.00%	0.00%	0.00%	Under 0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
	–	–	0.05%	0.04%	0.03%	0.11%	0.05%	0.04%	0.06%	0.05%	0.05%	0.05%	0.06%	0.07%	0.08%	0.07%	0.08%	0.10%	0.10%
Hindu undivided families	–	–	–	–	0.02%	0.10%	0.04%	0.04%	0.05%	0.05%	0.05%	0.05%	Under 0.01%	0.07%	0.07%	0.07%	0.07%	0.09%	0.09%
Clearing Members	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	Under 0.01%	Under 0.01%	Under 0.01%
Trusts	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	0.01%	0.01%
Shares in issue	24,27,03,089	24,27,03,089	24,27,03,089	24,27,54,819	24,27,79,990	24,27,82,320	24,28,00,640	24,28,31,018	24,28,69,863	24,28,75,836	24,29,08,366	24,29,22,373	24,29,44,009	24,29,49,424	24,29,57,104	24,29,73,103	24,29,73,103	24,29,77,245	24,29,78,245
Shares locked in	20,60,67,416	20,60,67,416	20,60,67,416	20,60,67,416	4,85,40,620	4,85,40,620	0	0	0	0	0	0	0	–	–	–	–	–	–
Promoters' shares locked in	20,60,67,416	20,60,67,416	20,60,67,416	20,60,67,416	4,85,40,620	4,85,40,620	0	0	0	0	0	0	0	–	–	–	–	–	–

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Vedant Fashions shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Mar 2022Filed 21 Apr	Jun 2022Filed 20 Jul	Sep 2022Filed 19 Oct	Dec 2022Filed 20 Jan	Mar 2023Filed 21 Apr	Jun 2023Filed 19 Jul	Sep 2023Filed 20 Oct	Dec 2023Filed 16 Jan	Mar 2024Filed 19 Apr	Jun 2024Filed 21 Jul	Sep 2024Filed 21 Oct	Dec 2024Filed 20 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 18 Jul	Sep 2025Filed 16 Oct	Dec 2025Filed 14 Jan	Mar 2026Filed 15 Apr	Jun 2026Filed 20 Jul	Sep 2026Filed 16 Oct
All shareholders	61,220	51,892	57,587	63,439	61,207	68,261	74,737	74,379	92,083	83,644	75,719	71,971	73,545	75,621	80,698	81,852	84,119	83,016	80,960
	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5
Indian promoters	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5
	61,215	51,887	57,582	63,434	61,202	68,256	74,732	74,374	92,078	83,639	75,714	71,966	73,540	75,616	80,693	81,847	84,114	83,011	80,955
	–	–	61	68	76	99	96	99	113	145	158	175	166	159	143	132	114	109	90
Foreign portfolio investors, category I	–	–	61	62	72	95	91	97	109	137	147	160	151	148	133	123	105	100	83
Foreign portfolio investors, category II	–	–	0	6	4	4	5	2	4	8	11	15	15	11	10	9	9	9	7
	–	–	37	44	44	53	56	60	54	54	55	56	52	42	38	41	40	35	32
Mutual funds	14	16	18	20	20	22	23	27	25	24	22	22	22	21	22	24	21	19	18
Insurance companies	0	0	4	4	4	7	8	8	6	5	5	4	5	3	3	3	2	2	2
Banks	–	–	0	0	0	0	0	0	0	0	0	0	0	–	0	–	–	–	1
Provident and pension funds	0	0	1	1	1	1	1	1	1	1	0	0	0	–	0	–	–	–	–
Alternative investment funds	15	14	14	19	19	23	24	24	20	22	28	30	25	18	13	13	15	13	10
Non-bank lenders registered with RBI	–	–	0	0	0	0	0	0	2	2	0	0	0	–	0	–	1	–	–
Sovereign wealth funds, Indian	–	–	0	0	0	0	0	0	0	0	0	0	0	–	0	1	1	1	1
	–	–	57,484	63,322	61,082	68,104	74,580	74,215	91,911	83,440	75,501	71,735	73,322	75,415	80,512	81,674	83,960	82,867	80,833
Resident individuals, up to ₹2 lakh at face value	–	–	53,365	59,195	57,071	63,440	70,207	69,915	88,114	79,757	71,978	68,266	69,942	72,294	77,548	78,810	80,747	79,698	77,740
Resident individuals, over ₹2 lakh at face value	–	–	0	0	0	0	1	1	1	1	1	1	2	1	1	1	1	–	–
Companies	–	–	932	912	891	1,038	968	964	815	750	734	756	703	567	467	401	487	452	430
Non-resident Indians	–	–	2,261	2,301	2,253	2,598	2,458	2,429	1,981	2,003	1,953	1,897	1,827	1,655	1,537	1,493	1,692	1,668	1,612
Foreign nationals	–	–	0	0	0	1	0	0	0	0	0	0	0	–	–	–	–	–	–
	–	–	926	914	867	1,027	946	906	1,000	929	835	815	848	898	959	969	1,033	1,049	1,051
Hindu undivided families	–	–	–	–	838	1,004	930	890	987	916	824	805	824	890	949	964	1,024	1,042	1,044
Clearing Members	–	–	–	–	21	11	5	6	5	5	4	3	4	3	5	–	2	1	1
Trusts	–	–	–	–	8	12	11	10	8	8	7	7	7	5	5	5	7	6	6

Vedant Fashions promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Ravi Modi Family Trust (acting through its trustee, Modi Fiduciary Services Private Limited), 57.15%.Promoter buying and selling

Holder
Ravi Modi Family Trust (acting through its trustee, Modi Fiduciary Services Private Limited)Indian companies, trusts and others	57.15%	13,88,59,330
RAVI MODI HUFIndividuals and Hindu undivided families	16.00%	3,88,81,422
SHILPI MODIIndividuals and Hindu undivided families	1.09%	26,56,104
RAVI MODIIndividuals and Hindu undivided families	0.69%	16,88,134
USHA DEVI MODIIndividuals and Hindu undivided families	0.00%	2

No promoter shares are reported as pledged.

Largest public holders of Vedant Fashions, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Vedant Fashions

Holder	Jun 2023Filed 19 Jul	Sep 2023Filed 20 Oct	Dec 2023Filed 16 Jan	Mar 2024Filed 19 Apr	Jun 2024Filed 21 Jul	Sep 2024Filed 21 Oct	Dec 2024Filed 20 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 18 Jul	Sep 2025Filed 16 Oct	Dec 2025Filed 14 Jan	Mar 2026Filed 15 Apr	Jun 2026Filed 20 Jul	Sep 2026Filed 16 Oct
GOVERNMENT PENSION FUND GLOBALForeign portfolio investors, category I	–	–	2.09%	2.23%	2.26%	2.26%	3.02%	3.83%	3.83%	3.68%	3.65%	3.32%	3.11%	3.18%
INDIA CAPITAL FUND LIMITEDForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	1.20%
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITEDInsurance companies	1.05%	–	–	1.49%	1.47%	–	–	–	1.17%	–	1.07%	1.42%	1.39%	1.17%
ICICI PRUDENTIAL LIFE INSURANCE nCOMPANY LIMITEDInsurance companies	–	–	–	–	–	1.15%	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.