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Manyavar

From EverybodyWiki Bios & Wiki


Manyavar
Manyavar Mohey Logo
Public
ISIN🆔INE825V01034
Founded 📆1999
Founder 👔Ravi Modi
Headquarters 🏙️, ,
Area served 🗺️
Worldwide
Products 📟 
Brands
  • Manyavar
  • Mohey
  • Mebaz
  • Twamev
  • Manthan
Members
Number of employees
ParentVedant Fashions Limited
🌐 Websitewww.manyavar.com
📇 Address
📞 telephone

Manyavar is an Indian celebration wear brand, owned by the Kolkata-based company Vedant Fashions Limited.[1][2][3] The company was founded by Ravi Modi in 1999.[4][5]

History[edit]

Ravi Modi worked at his family's garment store in Shakespeare Sarani. In 1999, he started working on Manyavar concept with a capital of INR 10,000. He initially sold through other retailers like Pantaloons and later founded Vedant Fashions in 2002. The first outlet was started in Bhubaneshwar in 2008.[6] In 2010, they expanded their services outside India with the opening of first international store in Dubai and Bangladesh. In 2012, Manyavar inaugurated India’s largest EBO in Karol Bagh, New Delhi and launched their website.[7] Later in 2016, Manyavar got into women's ethnic garments with the launch of Mohey.[8][9] In February 2022, Vedant Fashions became a publicly-listed company after an initial public offering.[10]

References[edit]

  1. "EdelweissResearch Manyavar Research". Unknown parameter |url-status= ignored (help)
  2. "Phillipcapital Manyavar Link" (PDF). Unknown parameter |url-status= ignored (help)
  3. "Rating Rationale". www.crisil.com. Retrieved 2021-12-05.
  4. Boby Kurian (May 9, 2017). "Manyavar owner eyes women's brand Soch - Times of India". The Times of India. Retrieved 2021-11-01.
  5. "Global Indian Ethnic Wear Market Share, Statistics, CAGR, Outlook, Global Trends, Comprehensive Research Study, Development Status, Opportunities, Future Plans, and Covid-19 Impact 2021-2026". www.wboc.com. Retrieved 2021-12-05.
  6. "Vedant Fashions: Stitching Success With Ethnic Wear". Forbes India. Retrieved 2021-11-01.
  7. "Manyavar". www.manyavar.com. Retrieved 2022-03-24.
  8. Rakshit, Avishek (2017-06-12). "Manyavar's Vedant Fashion looks for dual acquisition to lead women's wear". Business Standard India. Retrieved 2021-11-01.
  9. "Manyavar | Manyavar - Manyavar & Mohey - Destination Store For Ethnic Wear For Men & W". www.manyavar.com. Retrieved 2022-03-23.
  10. "Vedant Fashions Lists At Over 8% Premium Over Issue Price". NDTV.com. Retrieved 16 February 2022.


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