Veekayem Fashion and Apparels Limited IPO

Veekayem Fashion and Apparels Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹28 per share. The stock debuted at ₹49.9, delivering a listing gain of 78.2%. The IPO had a lot size of ₹4000 shares and a minimum investment of ₹1,12,000.

Veekayem Fashion and Apparels Limited IPO

NSE SME Listed
₹1,12,000 (4000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Aug 5, 2022 – Aug 11, 2022
Price band
₹28 per equity share
Minimum Investment
₹1,12,000
Issue size
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)
Lot size
4000
Allotment Date
Aug 18, 2022
Listing
Aug 22, 2022
Listing At
NSE SME

IPO timeline

  1. Aug 5, 2022

    Open Date

    Completed

  2. Aug 11, 2022

    Close Date

    Completed

  3. Aug 18, 2022

    Allotment Date

    Completed

  4. Aug 22, 2022

    Listing Date

    Completed

Veekayem Fashion and Apparels Limited IPO Essentials

Veekayem Fashion and Apparels Limited IPO Details

Veekayem Fashion and Apparels Limited IPO is priced at ₹28 per share with a total issue size of 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). The IPO has a lot size of 4000 shares and is listed on NSE SME.

Issue price
₹28 per equity share
Lot size
4000 shares
Face value
₹10 Per Equity Share 
Issue size
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
Registrar
KFin Technologies Limited
Lead manager
GYR Capital Advisors Limited

Veekayem Fashion and Apparels Limited IPO Details

  • Retail Portion N/A

Veekayem Fashion and Apparels Limited IPO Documents

Veekayem Fashion and Apparels Limited IPO Analytics

Veekayem Fashion and Apparels Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Veekayem Fashion and Apparels Limited IPO Subscription Status

Veekayem Fashion and Apparels Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Veekayem Fashion and Apparels Limited Valuations

Earnings

EPS (Post IPO)
₹4.39/-
P/E Ratio
6.37

Returns

RoNW
6.09%

Data sourced from DRHP / RHP • For educational purposes only

Veekayem Fashion and Apparels Limited Financials( In Lakhs)

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

Veekayem Fashion and Apparels Limited Company & Offer Insights

About Veekayem Fashion and Apparels Limited

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.

Veekayem Fashion and Apparels Limited Promoter(s)

Krishankant Gupta, Vijaykumar Gupta, Madanlal Gupta are the company's promoters of Veekayem Fashion and Apparels Limited .

Veekayem Fashion and Apparels Limited IPO Issue Objectives

Funding the working capital requirements of the company.
General Corporate Purposes.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Veekayem Fashion and Apparels Limited IPO is a Fixed Priced IPO worth ₹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). The issue price is ₹28 per share (fixed price). The IPO opens on Aug 5, 2022 and closes on Aug 11, 2022. It will be listed on NSE SME Platform. KFin Technologies Limited is the registrar.

The issue price of Veekayem Fashion and Apparels Limited IPO is ₹28 per share (fixed price).

The lot size of Veekayem Fashion and Apparels Limited IPO is 4000 shares.

The minimum investment for Veekayem Fashion and Apparels Limited IPO is approximately ₹1,12,000 based on the issue price .

Veekayem Fashion and Apparels Limited IPO opens on Aug 5, 2022 and closes on Aug 11, 2022.

The allotment date of Veekayem Fashion and Apparels Limited IPO is Aug 18, 2022.

Veekayem Fashion and Apparels Limited IPO is expected to be listed on Aug 22, 2022, on NSE SME Platform.

Veekayem Fashion and Apparels Limited IPO valuation snapshot: P/E 6.37, EPS ₹4.39/-, P/B N/A, RoNW 6.09%, and market cap N/A.

To apply for Veekayem Fashion and Apparels Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Veekayem Fashion and Apparels Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Veekayem Fashion and Apparels Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Veekayem Fashion and Apparels Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Veekayem Fashion and Apparels Limited IPO allotment status on IPO Ji for quick and easy access.