VIP Industries
480.20
-2.75(-0.57%)
Market Cap₹6,819.79 Cr
PE Ratio182.09
Company Performance:
1D-0.57%
1M+13.38%
6M+18.03%
1Y+0.24%
5Y+84.62%
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Latest news about VIP Industries
VIP Industries' Promoter Group to Sell 32% Stake to Multiples Private Equity Consortium 2 days ago
VIP Industries' promoter group plans to sell a 32% stake to a consortium led by Multiples Private Equity for INR 1,763.32 crore at INR 388 per share. The deal will significantly reduce the promoter group's stake from 49.23% to 17.34%. The consortium will make an open offer to acquire an additional 26% stake from public shareholders at the same price. Upon completion, the consortium is expected to gain management control. The company's stock fell over 5% following the announcement. The deal aims to revive VIP's legacy and strengthen its position in the luggage market, subject to regulatory approvals.
VIP Industries Announces Major Ownership Shift and Leadership Changes 2 days ago
VIP Industries: Piramal Family to Sell Up to 32% Stake to Multiples-Led Consortium 2 days ago
VIP Industries: Promoters to Offload 32% Stake to Private Equity Investors, Triggering Open Offer 2 days ago
VIP Industries Addresses Stake Sale Rumors, Affirms No Significant Developments 4 days ago
More news about VIP Industries
11Jul 25
Private Equity Firms Set Sights on VIP Industries
Multiple private equity firms, including Multiples PE, have shown interest in VIP Industries, a leading luggage manufacturer. This development suggests potential changes in the company's ownership structure and has attracted attention in the financial community. The interest from PE firms could lead to strategic growth opportunities, operational improvements, and enhanced market perception for VIP Industries. However, specific details about potential deals or valuations remain undisclosed.
11Jul 25
VIP Industries Promoters Mull Stake Sale, Details Scarce
Reports suggest that the promoters of VIP Industries, a leading Indian luggage manufacturer, are considering divesting their stake in the company. While specific details about the potential transaction, including the size of the stake, potential buyers, and reasons for the sale, remain undisclosed, this development could significantly impact the company's ownership structure and future strategic direction. VIP Industries, known for brands like VIP, Skybags, and Carlton, has been a major player in the Indian luggage and travel accessories market for decades.
24Jun 25
Private Equity Firms Eye Stake in VIP Industries, Signaling Growth Potential
Multiple private equity firms have expressed interest in acquiring a stake in VIP Industries, India's leading luggage manufacturer. This interest highlights VIP Industries' strong market position and growth potential in the travel and lifestyle accessories sector. While details remain undisclosed, potential implications include capital infusion for expansion, new strategic partnerships, and enhanced corporate governance. The development is seen as a positive indicator of the company's value and future prospects.
11Jun 25
VIP Industries Faces Headwinds: CRISIL Revises Outlook, Q4 Loss Widens, Yet Stock Surges
CRISIL revised VIP Industries' long-term bank loan outlook to negative due to lower growth prospects and falling average selling prices. The company reported a widened Q4 net loss of ₹27.40 crore, up from ₹12.40 crore in Q3. Q4 financials showed declines across key metrics, with EBITDA dropping 53.38% and operating profit falling 77.27% quarter-over-quarter. Despite these challenges, VIP Industries' stock surprisingly surged 12.20% on June 11.
13May 25
VIP Industries: Q4 Loss Widens Amid Revenue Decline and Margin Pressure
VIP Industries, a leading luggage manufacturer, reported a consolidated net loss of ₹27.40 crore for Q4 FY2025, up 14.64% from the previous year. Revenue decreased by 4.32% to ₹494.00 crore, while EBITDA fell 18.18% to ₹6.30 crore. EBITDA margins contracted to 1.28% from 1.49%. The company faces ongoing challenges in the luggage market, reflected in widening losses and declining revenues.
VIP Industries
480.20
-2.75
(-0.57%)
1 Year Returns:+0.24%
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