IPO

Vasa Retail and Overseas Ltd IPO

NSE SME

Offer Date: Jan 24, 2017 - Jan 29, 2017

₹ 120000 /4000 Shares

IPO Details

24 Jan, 2017

Open Date

29 Jan, 2017

Close Date

02 Feb, 2017

Allotment Date

06 Feb, 2018

Listing Date

Issue Price

Rs 30 Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt. Ltd

Market Lot

4000 Equity Shares ( Rs 1,20,000/- )

Lead Manager

Hem Securities Limited

Issue Size

16,00,000 Equity Shares of Rs 10/- each at a price of 30/- per share aggregating to 4.80 Cr

Retail Portion

N/A

Subscription

33,05,92,000 218.64 times

IPO Docs

No related IPO documents available.

IPO Details


Vasa Retail and Overseas Ltd IPO is an SME IPO, priced at Rs 30 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Jan 24, 2017 to Jan 29, 2017. The allotment is expected to be finalized on Feb 2, 2017, and the tentative listing date is Feb 6, 2018.


Hem Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt. Ltd , and

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IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved7,56,0007,56,00015,12,000
Day 1 - 24-01-17 2,72,000 0.36 x44,04,000 5.83 x46,76,000 3.09 x
Day 2 - 25-01-18 37,52,000 4.96 x2,36,24,000 31.25 x2,73,76,000 18.11 x
Day 3 - 29-01-1813,30,92,000 176.05 x19,75,00,000 261.24 x33,05,92,000 218.64 x

Valuations

Earnings Per Share (EPS)

Rs 0.31

P/E Ratio

99.55

RoNW

3.43%

Net Asset Value (NAV) ( on 31.09.2017)

Rs 13.21

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)
  1. Mr. Hardik Vasa
  2. Ms. Kajal Vasa

IPO - Issue Objectives

  1. To meet Working Capital Requirement 
  2. General Corporate Purpose
  3. To Meet the Issue Expenses

IPO - FAQs

Ans. Vasa Retail and Overseas Ltd IPO is a SME IPO. The issue is priced at Rs 30 Per Equity Share . The minimum order quantity is 4000 Shares. The IPO opens on Jan 24, 2017, and closes on Jan 29, 2017. Bigshare Services Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Vasa Retail and Overseas Ltd IPO opens on Jan 24, 2017 and closes on Jan 29, 2017.

Ans. The size of Vasa Retail and Overseas Ltd IPO is 16,00,000 Equity Shares of Rs 10/- each at a price of 30/- per share aggregating to 4.80 Cr.

Ans. The IPO price band is set between Rs 30 Per Equity Share .

Ans. To apply for Vasa Retail and Overseas Ltd IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Vasa Retail and Overseas Ltd IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Vasa Retail and Overseas Ltd IPO is Feb 2, 2017.

Ans. The Vasa Retail and Overseas Ltd IPO will be listed on Feb 6, 2018.

Ans. Follow the steps to check the allotment status for Vasa Retail and Overseas Ltd IPO here.