
✓
Open
24 Jan 2018
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Close
29 Jan 2018
3
Allotment
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Listing
Tue, Feb 6, 2018
Price Band
₹30 per share
Issue Size
16,00,000 shares (agg. up to ₹5 Cr)
Lot Size
4,000 Shares
Listing Date
Tue, Feb 6, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 212.24x |
Restated Financials (₹ Cr.)
| Period Ended | 20 Oct 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 24.61 | 14.27 | 12.89 | 8.44 |
| Total Income | 17.92 | 23.85 | 21.86 | 18.82 |
| Profit After Tax | 0.86 | 0.92 | -0.15 | -0.11 |
| NET Worth | 3.73 | 2.05 | 1.34 | 1.02 |
| Total Borrowing | 8.58 | 5.44 | 4.91 | 3.93 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 4.00 |
| 2 | General Corporate Expenses | 0.20 |
About Vasa Retail IPO
Incorporated in 2017, Vasa Retail and Overseas Ltd (VROL) (erstwhile Vasa International – a partnership firm) is primarily deals in all kinds of (a) stationery products viz. artistic materials, hobby colors, scholastic colors, scholastic stationery, office products, drawing instruments, writing instruments, office stationery, adhesives, notebooks, office supplies and writing instruments, books, pens, pencils, erasers, files, copier paper, bags and bottles; (b) procuring paper pulp and supplying the same to paper mills and (c) procuring bag fabric and supplying it to the other bag manufacturers and also using the same for manufacturing its products (school and office bags).These stationery products are essentially used by school going children and offices as a part of their stationary requirements. On the other hand, paper pulp is the key raw material for the manufacturing of wide variety of paper. VROL classifies its product range into (i) school and education products; (ii) fine art and hobby products; and (iii) office products.+ Read More
Contact Details
Vasa Retail & Overseas Ltd. AddressC-001, Ground Floor, A/3Antop Hill WarehousingVidyalankar College MargMumbai, Maharashtra, 400037+91 22 2414 1380investor@vasagroup.inVisit Website