1. Home
  2. IPO
  3. Title

Veeram Infra Engineering Limited IPO

Add to Calendar 2018-09-28 12:00 AM 2018-10-12 12:00 AM Asia/Kolkata Veeram Infra Engineering Limited IPO Veeram Infra Engineering Limited India

Veeram Infra Engineering Limited is engaged in the business of real estate and ancillary activities.

Date of incorporation: The company was initially incorporated as ‘Vivid Offset Printers Private Limited’ on 4th March 1994 in Ahmedabad. Eventually, it was reformed to public limited company renamed to ‘Veeram Infra Engineering Limited’ (VIEL) on 29th January 2018.

Promoters of Veeram Infra Engineering Limited: Mr Satishkumar R. Gajjar and Mrs Geetaben S. Gajjar are the promoters of Veeram Infra Engineering Limited.

Products and Services Offering: The company offers diversified products and services including:

  • - Digital Printing.

  • - General Mercantile consisting of season goods trading.

  • - Real Estate sector including development and selling of land, residential properties and infrastructure.

Customer Segments: The company carters wide customers segments across Gujarat.

Objects of Veeram Infra Engineering Limited IPO: The core objectives of Veeram infra Engineering Limited IPO are-

  • - To Finance Working Capital Requirements.

  • - To Meet Issue related Expenses.

Company Financials:

Summary of Financial Information (Restated)

Particulars

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


31-Mar-18

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

Total Assets

935.06

25.99

25.57

24.66

24.16

Total Revenue

1,281.50

3.95

2.94

3.88

3.55

Profit After Tax

67.07

0.02

0.01

0.01

0.02

Issue Detail

  • Issue Open: Sep 28, 2018
  • Issue Close: Oct 12, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 51 Per Equity Share
  • Bid Lot:2000 Shares
  • Minimum Order Quantity:2000 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 10.74 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved - 998,000 998,000 - - 1,996,000
Day 1 - Sep 10, 2018IST - 0.14x 0.01x - - 0.07x
Day 2 - Sep 28, 2018IST - 0.03x 0.00x - - 0.01x
Day 3 - Oct 01, 2018IST - 0.14x 0.00x - - 0.07x
Day 4 - Oct 03, 2018IST - 0.14x 0.00x - - 0.07x
Day 5 - Oct 04, 2018IST - 0.14x 0.00x - - 0.07x
Day 6 - Oct 05, 2018IST - 0.14x 0.00x - - 0.07x
Day 7 - Oct 08, 2018IST - 0.14x 0.00x - - 0.07x
Day 8 - Oct 10, 2018IST - 0.14x 0.01x - - 0.07x
Day 9 - Oct 11, 2018IST - 0.34x 0.22x - - 0.28x
Day 10 - Oct 12, 2018IST - 1.62x 0.75x - - 1.19x

Listing Day Trading Information

- BSE NSE
Issue Price Rs 51.00 -
Open Rs 53.00 -
Low Rs 48.75 -
High Rs 51.25 -
Last Trade Rs 51.25 -
Volume 524,000 -

Veeram Infra Engineering Limited Red Herring Prospectus

Veeram Infra Engineering Limited User Rating

Votes
0

Veeram Infra Engineering Limited Life IPO Reviews

View All Review

Veeram Infra Engineering Limited IPO News & Updates

View All IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.

Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.

Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker
View All FAQ

Latest IPO

  • Find out which all IPOs are going to hit the Stock Exchanges and probably providing an opportunity for investors to make money Read More>>

  • Investing in an IPO has always been a point of discussion amongst investors and with the recent increase in the number of companies going public, the discussion is catching more attention. While this article attempts to answer the question, let us start b Read More>>

  • Once you have invested in an IPO the next thing to concern yourself about is to have an exit strategy in order to maximize your gains. In order to have an efficient exit strategy, there are certain factors to take note on. This article will try to explain Read More>>

IPO Events Calendar

Go
Sun
Mon
Tues
Wed
Thu
Fri
Sat

IPO Updates on Facebook

Get the latest IPO updates on your Facebook feeds.
Click here to Join Us on Facebook.

Comments

Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us