← IPO Calendar

Vasa Retail IPO IPO

SME24 Jan 201829 Jan 2018
Open
24 Jan 2018
Close
29 Jan 2018
3
Allotment
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

CategorySubscription (times)
Total212.24x

Restated Financials (₹ Cr.)

Period Ended20 Oct 201731 Mar 201731 Mar 201631 Mar 2015
Assets24.6114.2712.898.44
Total Income17.9223.8521.8618.82
Profit After Tax0.860.92-0.15-0.11
NET Worth3.732.051.341.02
Total Borrowing8.585.444.913.93
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To Meet Working Capital Requirement4.00
2General Corporate Expenses0.20

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