IPO Synopsis
Home >> IPO >> IPO Synopsis
Veeram Infra Engineering Ltd
Registered Office:
Basement Medicare Centre,Behind M J Library Ellisbridge,
Ahmedabad - 380006,
Gujarat, India.
Public issue of 21,06,000 equity shares of face value of (Rs)10/- each ("equity shares") of Veeram Infra Engineering limited (" the company" or "the issuer") for cash at a price (Rs)51/- per equity share (including a share premium of (Rs) 41/- per equity share) ("issue price") aggregating to (Rs)10.74 Crores("the issue"), of which 1,10,000 equity shares of face value of (Rs)10/- each for a cash price of (Rs)51/- per equity share, aggregating to Rs 0.56 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 19,96,000 equity shares of face value of (Rs) 10/- each at an issue price of (Rs) 51 per equity share aggregating to (Rs) 10.18 Crores (is here in after referred to as the "net issue"). The issue and the net issue will constitute 26.47% and 25.09%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs) 10/- each and the issue price of (Rs) 51/- i.e. 5.1 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
28-Sep-18
12-Oct-18
51.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
10.74
First Overseas Capital Ltd
Project Financed through Current Offer
10.74
 
Post Issue Equity Share Capital
7.96
 
Issue Price
51.00
 
Projects
To Meet the Working Capital Requirements
Promoted By
Satishkumar R Gajjar
Geetaben S Gajjar
Listing At
BSE - SME
Registrar to the Issue
Karvy Fintech Pvt Ltd
Adani Ports & Special Economic Zone Ltd     360.60   Down   -5.15 (-1.41%)   Asian Paints Ltd     1,456.15   Up   2.25 (0.15%)   Axis Bank Ltd     755.75   Down   -5.15 (-0.68%)   Bajaj Auto Ltd     2,949.65   Down   -25.05 (-0.84%)   Bajaj Finance Ltd     2,868.60   Down   -52.30 (-1.79%)   Bajaj Finserv Ltd     6,953.50   Down   -22.15 (-0.32%)   Bharat Petroleum Corporation Ltd     389.15   Down   -18.65 (-4.57%)   Bharti Airtel Ltd     334.00   Down   -2.75 (-0.82%)   Bharti Infratel Ltd     325.05   Down   -2.55 (-0.78%)   Cipla Ltd     533.25   Down   -0.40 (-0.07%)   Coal India Ltd     237.00   Down   -5.90 (-2.43%)   Dr Reddys Laboratories Ltd     2,751.65   Up   42.95 (1.59%)   Eicher Motors Ltd     21,338.00   Down   -421.10 (-1.94%)   GAIL (India) Ltd     354.70   Down   -7.35 (-2.03%)   Grasim Industries Ltd     817.65   Down   -4.65 (-0.57%)   HCL Technologies Ltd     1,037.95   Up   1.75 (0.17%)   HDFC Bank Ltd     2,299.00   Up   31.25 (1.38%)   Hero Honda Motors Ltd     2,609.15   Down   -4.90 (-0.19%)   Hindalco Industries Ltd     207.15   Up   4.80 (2.37%)   Hindustan Petroleum Corporation Ltd     275.10   Down   -15.65 (-5.38%)   Hindustan Unilever Ltd     1,687.55   Down   -12.10 (-0.71%)   Housing Development Finance Corporation Ltd     1,987.55   Up   19.70 (1.00%)   ICICI Bank Ltd     392.90   Down   -5.50 (-1.38%)   Indiabulls Housing Finance Ltd     732.60   Up   34.65 (4.96%)   Indian Oil Corporation Ltd     159.00   Down   -3.70 (-2.27%)   IndusInd Bank Ltd     1,713.40   Down   -11.80 (-0.68%)   Infosys Technologies Ltd     738.95   Up   16.70 (2.31%)   ITC Ltd     298.90   Down   -0.55 (-0.18%)   JSW Steel Ltd     282.30   Down   -6.20 (-2.15%)   Kotak Mahindra Bank Ltd     1,351.60   Up   3.85 (0.29%)   Larsen & Toubro Ltd     1,370.90   Up   12.95 (0.95%)   Mahindra & Mahindra Ltd     678.60   Down   -10.80 (-1.57%)   Maruti Suzuki India Ltd     6,673.55   Down   -151.65 (-2.22%)   NIFTY (S&P CNX)     11,521.05   Down   -11.35 (-0.10%)   NTPC Ltd     129.25   Down   -5.65 (-4.19%)   Oil & Natural Gas Corpn Ltd     151.85   Down   -5.15 (-3.28%)   Power Grid Corporation of India Ltd     197.40   Down   -1.60 (-0.80%)   Reliance Industries Ltd     1,375.45   Down   -1.10 (-0.08%)   State Bank of India     303.80   Up   0.75 (0.25%)   Sun Pharmaceuticals Industries Ltd     474.75   Up   5.80 (1.24%)   Tata Consultancy Services Ltd     2,015.05   Down   -7.75 (-0.38%)   Tata Motors Ltd     180.20   Down   -2.65 (-1.45%)   Tata Steel Ltd     513.60   Down   -13.90 (-2.64%)   Tech Mahindra Ltd     789.85   Down   -4.80 (-0.60%)   Titan Company Ltd     1,102.35   Down   -6.70 (-0.60%)   UltraTech Cement Ltd     3,922.30   Down   -55.70 (-1.40%)   UPL Ltd     935.40   Up   4.10 (0.44%)   Vedanta Ltd     174.55   Up   1.85 (1.07%)   Wipro Ltd     261.55   Up   4.10 (1.59%)   Yes Bank Ltd     252.15   Up   3.35 (1.35%)   Zee Entertainment Enterprises Ltd     443.20   Down   -22.55 (-4.84%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com