IPO

Vera Synthetic Limited IPO

NSE SME

Offer Date: Mar 28, 2018 - Apr 4, 2018

₹ 120000 /3000 Shares

IPO Details

28 Mar, 2018

Open Date

04 Apr, 2018

Close Date

10 Apr, 2018

Allotment Date

12 Apr, 2018

Listing Date

Issue Price

Rs 40 Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

Market Lot

3000 Shares (Rs 1,20,000/-)

Lead Manager

PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED

Issue Size

13,35,000 Equity Shares of Rs 10/- each at a price of Rs 40 per share aggregating to 5.34 Cr 

Retail Portion

N/A

Subscription

44,67,000 3.53 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved6,33,0006,33,00012,66,000
Day 1 - 28-03-186,48,000 1.02 x2,97,000 0.47 x9,45,000 0.75 x
Day 2 - 02-04-187,14,000 1.13 x5,73,000 0.91 x12,87,000 1.02 x
Day 3 - 03-04-1814,31,000 2.26 x9,60,000 1.52 x23,91,000 1.89 x
Day 4 - 04-04-1820,82,000 3.29 x23,85,000 3.77 x44,67,000 3.53 x

Valuations

Earnings Per Share (EPS)

Rs 0.70

P/E Ratio

57

RoNW

7.15%

Net Asset Value (NAV) - (Post Issue)

Rs 18.49

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

  1. Mr. Sunil Makwana
  2. Mr. Nagin Makwana

IPO - Issue Objectives

  1. Fund Working Capital requirements 
  2. General Corporate Purposes

IPO - FAQs

Ans. Vera Synthetic Limited IPO is a SME IPO. The issue is priced at Rs 40 Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on Mar 28, 2018, and closes on Apr 4, 2018. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Vera Synthetic Limited IPO opens on Mar 28, 2018 and closes on Apr 4, 2018.

Ans. The size of Vera Synthetic Limited IPO is 13,35,000 Equity Shares of Rs 10/- each at a price of Rs 40 per share aggregating to 5.34 Cr .

Ans. The IPO price band is set between Rs 40 Per Equity Share .

Ans. To apply for Vera Synthetic Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Vera Synthetic Limited 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 Vera Synthetic Limited IPO is Apr 10, 2018.

Ans. The Vera Synthetic Limited IPO will be listed on Apr 12, 2018.

Ans. Follow the steps to check the allotment status for Vera Synthetic Limited IPO here.