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Open
13 May 2024
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Close
15 May 2024
3
Allotment
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Listing
Tue, May 21, 2024
Price Band
₹109 to ₹114
Issue Size
7,44,000 shares (agg. up to ₹8 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, May 21, 2024
Latest GMP
₹145
Est. Gain
127.19%
✦ AI Insight
GMP Trend
21-05-2024₹145Est. ₹259+127.19%
20-05-2024₹145Est. ₹259+127.19%
19-05-2024₹140Est. ₹254+122.81%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 463.03x |
Restated Financials (₹ Cr.)
| Period Ended | 10 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 9.27 | 5.31 | 2.69 | 1.52 |
| Total Income | 7.87 | 7.87 | 3.39 | 2.34 |
| Profit After Tax | 1.57 | 0.44 | 0.13 | 0.20 |
| NET Worth | 3.54 | 0.90 | 0.46 | 0.25 |
| Reserves and Surplus | 1.46 | 0.81 | 0.37 | 0.24 |
| Total Borrowing | 2.28 | 1.34 | 0.75 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Graphisads Ltd. | SME | ₹53.41 Cr | ₹111 | 26.88 | ₹105.95 | -4.55% | ₹25.35 |
| Pramara Promotions Ltd. | SME | ₹15.27 Cr | ₹63 | null | ₹116.55 | +85.00% | ₹100.00 |
| Crayons Advertising Ltd. | SME | ₹41.80 Cr | ₹65 | 9.39 | ₹94.50 | +45.38% | ₹24.00 |
| R K SWAMY Ltd. | Mainboard | ₹423.56 Cr | ₹288 | 40.96 | ₹262.60 | -8.82% | ₹94.34 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure towards setting up of new Police Booths in West Bengal, Assam, Maharashtra and Delhi | 5.27 |
| 2 | Funding the capital expenditure in Pole Kiosks for setting up of traffic signal point display in Kolkata, Mumbai and Pune | 0.60 |
| 3 | General corporate purposes | 1.36 |
About Veritaas Advertising IPO
Updated on Aug 5, 2026
Contact Details
Veritaas Advertising Ltd. Address38/2A, Gariahat South Road, DhakuriaDhakuriaRash Behari AvenueKolkata, West Bengal, 700029+91 33 4044 6683info@veritaasadvertising.comVisit Website