Veekayem Fashion and Apparels Limited IPO
NSE SMEListed On: Aug 22, 2022 at ₹ 49.90
₹ 224000 /8000 Shares
*Min Investment
05 Aug, 2022
Open Date11 Aug, 2022
Close Date18 Aug, 2022
Allotment Date22 Aug, 2022
Listing DateIPO Issue Details
- Issue Price ₹28 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 1,584,000 shares of ₹10 (aggregating up to ₹4.44 Cr)
#Fresh Issue: 1,584,000 shares of ₹10 (aggregating up to ₹4.44 Cr) - Listing at NSE SME
- List Price 49.90
- Listing Date 2022-08-22
- Lead Manager GYR Capital Advisors Limited
- Registrar KFin Technologies Limited
IPO Details
- Retail Portion N/A
IPO Details
Veekayem Fashion and Apparels Limited IPO is an SME IPO, priced at ₹28 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Aug 5, 2022 to Aug 11, 2022. The allotment is expected to be finalized on Aug 18, 2022, and the tentative listing date is Aug 22, 2022.
The registrar of the IPO is KFin Technologies Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 752,000 | 752,000 | 1,504,000 |
Day 1 05-08-22 06:00 PM | 0.17 x | 2.36 x | 1.26 x |
Day 2 08-08-22 06:00 PM | 1.72 x | 34.68 x | 18.20 x |
Day 3 10-08-22 06:00 PM | 46.38 x | 113.31 x | 79.84 x |
Day 4 11-08-22 05:30 PM | 355.85 x | 247.09 x | 301.47 x |
Valuations
Company Financials
| 30-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 13267.19 | 12351.95 | 12090.4 | 11789.3 |
| Revenue | 14947.02 | 7670.06 | 21571.46 | 20317.36 |
| Profit After Tax | 188.54 | 35.25 | 109.1 | 228.31 |
About Company
Veekayem Fashion and Apparels Limited is engaged in the business of weaving and garment manufacturing. The company's product portfolio includes two main product categories: Textile the company manufactures Greige Fabrics including 100% Cotton - Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting - Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen and Garments the company manufacture all types of readymade garments for men and women, such as formal shirts, cotton shirts, formal trousers, cotton trousers, cotton joggers, cotton shorts, pyjamas and Bermuda.
Veekayem Fashion's manufacturing facility is situated at Umargaon in the state of Gujarat. The manufacturing facility is installed with automated machinery capable of manufacturing 5,00,000 meters of fabric per month and 1,50,000 pcs of readymade garments per month.
- Promoter(s)
Krishankant Gupta
Vijaykumar Gupta
Madanlal Gupta
Pre Issue Share Holding : 54.31%
Post Issue Share Holding : 39.67%
IPO - Issue Objectives
Funding the working capital requirements of the company.
General Corporate Purposes.
IPO - FAQs
Ans. Veekayem Fashion and Apparels Limited IPO is a SME IPO. The issue is priced at ₹28 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on Aug 5, 2022, and closes on Aug 11, 2022. KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Veekayem Fashion and Apparels Limited IPO opens on Aug 5, 2022 and closes on Aug 11, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Veekayem Fashion and Apparels Limited IPO is 1,584,000 shares of ₹10 (aggregating up to ₹4.44 Cr) #Fresh Issue: 1,584,000 shares of ₹10 (aggregating up to ₹4.44 Cr).
Ans. The Veekayem Fashion and Apparels Limited IPO price band is set between ₹28 per equity share.
Ans. To apply for Veekayem Fashion and Apparels Limited IPO , follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Veekayem Fashion and Apparels Limited 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 Veekayem Fashion and Apparels Limited IPO is Aug 18, 2022.
Ans. The Veekayem Fashion and Apparels Limited IPO will be listed on Aug 22, 2022.
Ans. Follow the steps to check the Veekayem Fashion and Apparels Limited IPO allotment status online.
