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Vasa Retail and Overseas Ltd IPO

Add to Calendar 2018-01-24 12:00 AM 2018-01-29 12:00 AM Asia/Kolkata Vasa Retail and Overseas Ltd IPO Vasa Retail and Overseas Ltd India

Introduction: Vasa Retail and Overseas Ltd (VROL) is a company which deals in the business of stationery products

Date of Establishment:   Company was established in the year 2017

Product & Service Offering : Products manufactured by the company can be segregated into three categories

     - Stationery products
     - Supplying paper pulp  to paper mills
     - Supplying bag fabric to other bag manufacturers and also using the same for manufacturing bags.

Customer Segment: For the stationery products key customers are school going children and office goers. Paper manufacturers are the key clients for paper pulp product

Promoters of Vasa Retail and Overseas Ltd :  Company is promoted by  Mr. Hardik Vasa and Ms. Kajal Vasa

Objects of the Issue: The aim of the issue by the company is to avail cash for running day to day operations of the company and to fund sundry corporate expenses and expenses incurred by releasing the issue.

Company Financials:

Summary of financial Information (Consolidated)

Particulars

For the year/period ended (in Rs. million)
 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

  

Total Assets

142.6

128.8

84.4

91.3

86.6

  

Total Revenue

238.5

218.5

188.2

175.5

104.7

  

Profit After Tax

9.15

-1.5

-1.1

0.84

1.07

  

Issue Detail

  • Issue Open: Jan 24, 2018
  • Issue Close: Jan 29, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Price: Rs 30 Per Equity Share
  • Bid Lot:4000 Shares
  • Minimum Order Quantity:4000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 4.80 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 756,000 756,000 - 88,000 1,600,000
Day 1 - Jan 24, 2018IST - - - - - -
Day 2 - Jan 25, 2018IST 0 3,752,000 23,624,000 - - 27,376,000
Day 3 - Jan 29, 2018IST 456,000 132,636,000 196,528,000 - 329,620,000 -

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 30.00
Open - Rs 36.00
Low - Rs 36.00
High - Rs 36.00
Last Trade - Rs 36.00
Volume - 176,000

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