Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) is a BSE SME IPO is priced at ₹51 per share with an issue size of Fresh issue of 21,06,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 10.74 Cr. The IPO opens on Sep 28, 2018 and closes on Oct 12, 2018, with a lot size of 2000 shares and a minimum investment of ₹1,02,000.

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO

BSE SME Listed
₹1,02,000 (2000 Shares)
Minimum Investment
IPO Dates
Sep 28, 2018 – Oct 12, 2018
Price band
₹51 per equity share
Minimum Investment
₹1,02,000
Issue size
Fresh issue of 21,06,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 10.74 Cr
Lot size
2000
Allotment Date
Oct 19, 2018
Listing
Oct 23, 2018
Listing At
BSE SME

IPO timeline

  1. Sep 28, 2018

    Open Date

    Completed

  2. Oct 12, 2018

    Close Date

    Completed

  3. Oct 19, 2018

    Allotment Date

    Completed

  4. Oct 23, 2018

    Listing Date

    Completed

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Essentials

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Details

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is priced at ₹51 per share with a total issue size of Fresh issue of 21,06,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 10.74 Cr. The IPO has a lot size of 2000 shares and will be listed on BSE SME.

Issue price
Rs 51/- Per Equity Share 
Lot size
2000 shares
Face value
Rs 10/- Per Equity Share 
Issue size
Fresh issue of 21,06,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 10.74 Cr
Listing at
BSE SME
List price
Listing date
Registrar
Karvy Computershare Private Limited
Lead manager
First Overseas Capital Limited

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Details

  • Retail Portion N/A

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Analytics

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Subscription Status

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) 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 9,98,000 9,98,000 19,96,000
Day 1 - 28-09-18
26,000 (0.03) x 0.0 x 0.01 x
Day 2 - 01-10-18
1,36,000 (0.14) x 0.0 x 0.07 x
Day 3 - 03-10-18
1,36,000 (0.14) x 0.0 x 0.07 x
Day 4 - 04-10-18
1,36,000 (0.14) x 0.0 x 0.07 x
Day 5 - 05-10-18
1,36,000 (0.14) x 0.0 x 0.07 x
Day 6 - 08-10-18
1,36,000 (0.14) x 0.0 x 0.07 x
Day 7 - 09-10-18
1,36,000 (0.14) x 0.1 x 0.07 x
Day 8 - 10-10-18
1,36,000 (0.14) x 0.1 x 0.07 x
Day 9 - 11-10-18
3,36,000 (0.34) x 0.22 x 0.28 x
Day 10 - 12-10-18
16,20,000 (1.62) x 0.75 x 1.19 x

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) Valuations

Earnings

EPS (Post IPO)
Rs 0.84/-
P/E Ratio
60.50

Returns

RoNW
10.28%

Data sourced from DRHP / RHP • For educational purposes only

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) Company & Offer Insights

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Issue Objectives

Working Capital Requirements. ( Rs 10.49 Cr )
Issue Expenses. ( Rs 0.25 Cr )

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Salebhai Internet Limited 5.56 NA - (172.01)% 0.46
Infibeam Incorporation Limited 4.25 129.69 3.27% 836.72

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is a Fixed Priced IPO worth ₹Fresh issue of 21,06,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 10.74 Cr. The issue price is ₹51 per share (fixed price). The IPO opens on Sep 28, 2018 and closes on Oct 12, 2018. It will be listed on BSE SME Platform. Karvy Computershare Private Limited is the registrar.

The issue price of Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is ₹51 per share (fixed price).

The lot size of Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is 2000 shares.

The minimum investment for Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is approximately ₹1,02,000 based on the issue price .

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO opens on Sep 28, 2018 and closes on Oct 12, 2018.

The allotment date of Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is Oct 19, 2018.

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is expected to be listed on Oct 23, 2018, on BSE SME Platform.

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO valuation snapshot: P/E 60.50, EPS Rs 0.84/-, P/B N/A, RoNW 10.28%, and market cap N/A.

To apply for Veeram Infra Engineering Limited (Vivid Mercantile Ltd) 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 Veeram Infra Engineering Limited (Vivid Mercantile Ltd) 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 Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO allotment status on IPO Ji for quick and easy access.