4 new Vedanta Group stocks to list on stock exchanges on Monday. Brokerages reveal expected listing price

Four new Vedanta Group entities — Vedanta Aluminium Metal, Vedanta Power, Vedanta Iron & Steel, and Vedanta Oil & Gas — are set to list on NSE and BSE following the demerger of Vedanta, with eligible shareholders receiving one share in each new company for every Vedanta share held (record date May 1). Shares will debut via a special pre-open session (9-10 am) and initially trade in the T2T segment. Brokerage fair-value estimates stand at ~Rs 489/share for Vedanta Aluminium Metal (the largest of the four, 2.42 MT FY25 output) and ~Rs 44-52/share for Vedanta Power, while ICRA upgraded its rating on Vedanta Aluminium, removing it from watch with developing implications.