VIP Industries

By Tushar Sharma , 27 September 2025

VIP Industries, one of India’s leading luggage manufacturers, witnessed a significant stake sale by its promoters, who divested shares worth Rs 343 crore. The transaction reflects a strategic move by the founding family to restructure their holdings while maintaining the company’s operational continuity. Market analysts view the sale as a neutral-to-positive signal, given VIP Industries’ strong market position, robust distribution network, and growing demand for branded luggage.

By Eknath Deshpande , 14 July 2025

In a strategic move underscoring confidence in India’s consumer discretionary segment, homegrown private equity firm Multiples Alternate Asset Management is poised to acquire up to a 25% stake in VIP Industries, the country’s leading luggage manufacturer. This investment, estimated to be worth around Rs. 1,900 crore, marks one of the largest private equity transactions in the domestic lifestyle goods sector in recent years.