VIP Industries share price skyrockets nearly 15% post large block deal: 26% equity changes hands, say reports

According to news reports, 3.7 crore shares, or 26% equity, changed hands in two block deals this morning.

Last seen, the stock was trading at ₹411.50, up 12.55% on the NSE.

In September 2025, two promoter group entities of VIP Industries divested a 6.22% stake in the luggage and travel accessories maker for ₹343 crore through open market transactions.

According to the bulk deal data available on the BSE, Kiddy Plast Ltd and Piramal Vibhuti Investments sold a total of 88.40 lakh equity shares, representing a 6.22% stake in the Mumbai-based VIP Industries.

The shares were offloaded in the price range of ₹388-₹388.25 apiece, taking the combined deal value to ₹343.19 crore.

After the stake sale, the combined holding of promoters and promoter group entities has come down to 45.51% from 51.73%.

Meanwhile, Multiples Equity, an alternative asset management company, through its affiliates -- Multiples Private Equity Fund IV and Multiples Private Equity GIFT Fund IV – bought 60.11 lakh shares, or a 4.23% stake, in VIP Industries.

In addition, Samvibhag Securities Pvt Ltd purchased 22.12 lakh shares, or a 1.55% stake, in the luggage and travel accessories maker.

VIP Industries Limited is a luggage manufacturer and retailer. The company offers a range of products in the hard luggage and soft luggage segments, including school bags, trolleys, backpacks, suitcases, executive cases, duffels, overnight travel solutions, and handbags.

The company operates through one segment, which is the manufacturing and marketing of luggage and bags. It offers a range of products through a brand portfolio, including names like VIP, Skybags, Carlton, Aristrocrat, Alfa, and Caprese.

The Skybags brand offers trolleys, rucksacks, backpacks, duffel bags, laptop bags and daily essentials and components.

Its Caprese brand offers a range of handbags and accessories for women. Its distribution network provides access to VIP luggage anywhere in India via approximately 13,000 points of sale across exclusive stores, multi-brand stores, format retail, defence canteens, and e-commerce channels.