Vashishtha Luxury Fashion IPO

Vashishtha Luxury Fashion is engaged in high-fashion embroidery, accessories, and finished garments, catering to international couture and ready-to-wear brands across Europe, UK, USA, Australia, and Turkey. In FY25, clothing contributed 50.63% of overall revenue, followed by embroidery at 25.36% and clothing accessories at 24.01%, reflecting a balanced product mix. Geographically, the United Kingdom accounted for 55.71% of revenues, with the United States (15.55%) and Portugal (13.55%) emerging as other key markets. The company sourced the majority of its raw material from India, accounting for 97.97% of total purchases, while Italy and China accounted for 1.44% and 0.59%, respectively.