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Open
28 Sep to 12 Oct, 2018
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Close
28 Sep to 12 Oct, 2018
3
Allotment
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Listing
Tue, Oct 23, 2018
Price Band
₹51 per share
Issue Size
21,06,000 shares (agg. up to ₹11 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Oct 23, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.09x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 9.35 | 0.26 | 0.26 |
| Total Income | 12.82 | 0.04 | 0.03 |
| Profit After Tax | 0.67 | 0.00 | 0.00 |
| NET Worth | 6.53 | 0.09 | 0.09 |
| Reserves and Surplus | 3.76 | 0.04 | 0.04 |
| Total Borrowing | 0.72 | 0.03 | 0.03 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sumit Woods Ltd. | SME | ₹18.24 Cr | ₹45 | null | ₹47.95 | +6.56% | ₹51.61 (+3.34%) |
| Ratnabhumi Developers Ltd. | SME | ₹23.31 Cr | ₹63 | null | ₹63.55 | +0.87% | ₹188.00 (+0.00%) |
| Shradha Infraprojects (Nagpur) Ltd. | SME | ₹18.93 Cr | ₹70 | null | ₹70.25 | +0.36% | ₹35.18 (-13.65%) |
| Karda Constructions Ltd. | Mainboard | ₹77.40 Cr | ₹180 | null | ₹142.80 | -20.67% | ₹0.57 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the Working Capital Requirements | 10.49 |
About Veeram Infra Engineering IPO
Incorporated in 1994, Ahmedabad based Veeram Infra Engineering Limited is a company engaged in the business of printing, trading of general mercantile and real estate.In the last 2-3 years, the company has made changes in its MoA wherein 70% company`s revenues from now on shall be earned through its real estate business and the remaining from the ancillary business.The company has entered into a land development agreement measuring approximately 7.34 hectares at Sanand, Ahmedabad. The company will do the levelling and landfilling sell these plots in different sizes. The company has 13 employees on its payroll.+ Read More
Contact Details
Veeram Infra Engineering Ltd. AddressBasement Medicare CentreBehind M.J.Library, Opp.Stock ExchangeEllisbridgeAhmedabad, Gujarat, 380006+91 79 4892 1375complianceviel@gmail.comVisit Website