Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO

BSE SME

Offer Date: Sep 28, 2018 - Oct 12, 2018

₹ 102000 /2000 Shares

IPO Details

28 Sep, 2018

Open Date

12 Oct, 2018

Close Date

19 Oct, 2018

Allotment Date

23 Oct, 2018

Listing Date

Issue Price

Rs 51/- Per Equity Share

Face Value

Rs 10/- Per Equity Share

Listing at Group

BSE SME

Registrar

Karvy Computershare Private Limited

Market Lot

2000 Shares (Rs 1,02,000/-)

Lead Manager

First Overseas Capital Limited

Issue Size

Fresh issue of 21,06,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 10.74 Cr

Retail Portion

N/A

Subscription

23,66,000 1.19 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	9,98,000	9,98,000	19,96,000
Day 1 - 28-09-18	26,000 0.03 x	0.0 x	26,000 0.01 x
Day 2 - 01-10-18	1,36,000 0.14 x	0.0 x	1,36,000 0.07 x
Day 3 - 03-10-18	1,36,000 0.14 x	0.0 x	1,36,000 0.07 x
Day 4 - 04-10-18	1,36,000 0.14 x	2,000 0.0 x	1,38,000 0.07 x
Day 5 - 05-10-18	1,36,000 0.14 x	2,000 0.0 x	1,38,000 0.07 x
Day 6 - 08-10-18	1,36,000 0.14 x	4,000 0.0 x	1,40,000 0.07 x
Day 7 - 09-10-18	1,36,000 0.14 x	6,000 0.1 x	1,42,000 0.07 x
Day 8 - 10-10-18	1,36,000 0.14 x	8,000 0.1 x	1,44,000 0.07 x
Day 9 - 11-10-18	3,36,000 0.34 x	2,24,000 0.22 x	5,60,000 0.28 x
Day 10 - 12-10-18	16,20,000 1.62 x	7,46,000 0.75 x	23,66,000 1.19 x

Valuations

Earnings Per Share (EPS)

Rs 0.84/-

P/E Ratio

60.50

RoNW

10.28%

Net Asset Value (NAV as on 31.03.18)

Rs 15.08/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Salebhai Internet Limited	5.56	NA	- (172.01)%	0.46
Infibeam Incorporation Limited	4.25	129.69	3.27%	836.72

- Promoter(s)

Company Promoter(s)

Mr. Satishkumar R. Gajjar
Mrs. Geetaben S. Gajjar

IPO - Issue Objectives

Working Capital Requirements. ( Rs 10.49 Cr )
Issue Expenses. ( Rs 0.25 Cr )

IPO - FAQs

Ans. Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is a SME IPO. The issue is priced at Rs 51/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Sep 28, 2018, and closes on Oct 12, 2018. Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO opens on Sep 28, 2018 and closes on Oct 12, 2018.

Ans. The size of Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is Fresh issue of 21,06,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 10.74 Cr.

Ans. The IPO price band is set between Rs 51/- Per Equity Share .

Ans. To apply for Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is Oct 19, 2018.

Ans. The Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO will be listed on Oct 23, 2018.

Ans. Follow the steps to check the allotment status for Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO here.