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Open
14 Nov 2017
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Close
16 Nov 2017
3
Allotment
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Listing
Fri, Nov 24, 2017
Price Band
₹108 per share
Issue Size
15,84,000 shares (agg. up to ₹17 Cr)
Lot Size
1,200 Shares
Listing Date
Fri, Nov 24, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.32x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 11.03 | 9.07 | 3.38 | 1.87 |
| Total Income | 3.39 | 10.80 | 5.86 | 4.17 |
| Profit After Tax | 0.49 | 1.12 | 0.14 | 0.24 |
| NET Worth | 2.08 | 1.59 | 0.47 | 0.33 |
| Reserves and Surplus | 2.06 | 1.57 | 0.45 | 0.31 |
| Total Borrowing | 5.82 | 4.06 | 0.30 | 0.26 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Riddhi Corporate Services Ltd. | SME | ₹12.35 Cr | ₹130 | 16 | ₹134.50 | +3.46% | ₹60.86 (+1.45%) |
| Panache Digilife Ltd. | SME | ₹14.58 Cr | ₹81 | null | ₹85.75 | +5.86% | ₹431.00 (-0.02%) |
| Dev Information Technology Ltd. | SME | ₹6.25 Cr | ₹42 | 10 | ₹50.40 | +20.00% | ₹27.26 (-3.34%) |
| Octaware Technologies Ltd. | SME | ₹8.60 Cr | ₹90 | 14 | ₹90.55 | +0.61% | ₹63.60 (+0.00%) |
| Airan Ltd. | SME | ₹14.85 Cr | ₹45 | null | ₹53.85 | +19.67% | ₹15.36 (-1.41%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of working capital requirements of the Company | 4.00 |
| 2 | Funding of working capital requirements of our Subsidiaries Vertoz Inc. and Vertoz Limited | 9.00 |
| 3 | General Corporate Expenses | 3.66 |
| 4 | Issue Expenses | 0.45 |
About Vertoz Advertising IPO
Incorporated in 2012, Vertoz Advertising Ltd is a programmatic advertising company that offers engaging and innovative advertising and monetization solutions which replaces the traditional methods of media buying and selling of advertisement.Vertoz has proprietary technology, advanced capabilities and programmatic platform (Ingenious Plex) is a highly scalable software platform that powers and optimizes the marketplace for the real-time trading of digital advertising inventory between advertisers and publishers. Vertoz generate revenue from advertisers and publishers who use our solution for the purchase and sale of advertising inventory respectively.Company has offices in US, UK and UAE through its subsidiaries. Company has 115 employees.Competitive Strengths• Experienced promoters and efficient technical personnel:• Customer focused• Proprietary, data-driven understanding of consumer intent and behavior• Keeping up changing technology trends• Scalable business model• Brand safety+ Read More
Contact Details
Vertoz Advertising Ltd. Address602, Avior, Nirmal Galaxy L.B.S.Margopp.Johnson & JohnsonMulund (west)Mumbai, Maharashtra, 400080+ 91-22-61426030compliance@vertoz.comVisit Website