IPO

Vasa Retail and Overseas Ltd IPO

NSE SME

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

₹ 240000 /8000 Shares
*Min Investment

24 Jan, 2017

Open Date

29 Jan, 2017

Close Date

02 Feb, 2017

Allotment Date

06 Feb, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 30 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 16,00,000 Equity Shares of Rs 10/- each at a price of 30/- per share aggregating to 4.80 Cr
  • Listing at NSE SME
  • Lead Manager Hem Securities Limited
  • Registrar Bigshare Services Pvt. Ltd
IPO Details
  • Retail Portion N/A
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.


The registrar of the IPO is Bigshare Services Pvt. Ltd , and

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IPO Subscription Analysis And Details
Retail
19.00x
Total
33.00x
As on QIB / NII Retail Total
Shares Offered / Reserved 7,56,000 7,56,000 15,12,000
Day 1 24-01-17 
0.36 x 5.83 x 3.09 x
Day 2 25-01-18 
4.96 x 31.25 x 18.11 x
Day 3 29-01-18
176.05 x 261.24 x 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
IPO - Issue Objectives
1

To meet Working Capital Requirement 

2

General Corporate Purpose

3

To Meet the Issue Expenses