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Vera Synthetic Limited IPO IPO Issue Detail | Samco

Vera Synthetic Limited IPO

Vera Synthetic Limited IPO

Issue Open

Mar 28, 2018

Price Band

₹ 40

Issue Size

₹ 5.34 Cr

Credit of Shares to Demat

-

Issue Close

Apr 04, 2018

Bid Lot

3000

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

3000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Apr 12, 2018

Refunds

-

About the company:

Vera synthetic limited IPO is a fishing sector company operating from Gujarat. It has around 90 employees on its payroll. The company sells its products under the brand name Sujlon

Date of establishment: The company was incorporated in 2000 in Gujarat.

Product & Service Offering: The company mainly manufactures products for fishing sector and other allied use thereon.

Promoters of Vera Synthetic limited: The Promoters of the company are Sunil Makwana and Nagin Makwana.

Customer segment: The company caters to domestic markets only. It sells its products to traders and fishermen directly through its well established distribution network in throughout the country

Objects of the Issue: The objects of the Issue are:
1. Maintaining the working capital requirements
2. General corporate purposes.

Company Financials

 

Particulars

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

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

863.60

731.78

705.79

850.54

909.84

 

Total Revenue

1,844.22

2,195.12

2,449.42

1,975.76

2,202.59

 

Profit After Tax

34.43

27.40

4.78

32.86

18.00

 

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