IPO

Vera Synthetic Limited IPO

NSE SME

Offer Date: Mar 28, 2018 - Apr 4, 2018

₹ 240000 /6000 Shares
*Min Investment

28 Mar, 2018

Open Date

04 Apr, 2018

Close Date

10 Apr, 2018

Allotment Date

12 Apr, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 40 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 13,35,000 Equity Shares of Rs 10/- each at a price of Rs 40 per share aggregating to 5.34 Cr 
  • Listing at NSE SME
  • Lead Manager PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Vera Synthetic Limited IPO is an SME IPO, priced at Rs 40 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 Mar 28, 2018 to Apr 4, 2018. The allotment is expected to be finalized on Apr 10, 2018, and the tentative listing date is Apr 12, 2018.


The registrar of the IPO is Link Intime India Private Ltd , and

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IPO Subscription Analysis And Details
Retail
23.00x
Total
44.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved6,33,0006,33,00012,66,000
Day 1 28-03-18
6,48,000 1.02 x2,97,000 0.47 x9,45,000 0.75 x
Day 2 02-04-18
7,14,000 1.13 x5,73,000 0.91 x12,87,000 1.02 x
Day 3 03-04-18
14,31,000 2.26 x9,60,000 1.52 x23,91,000 1.89 x
Day 4 04-04-18
20,82,000 3.29 x23,85,000 3.77 x44,67,000 3.53 x
Valuations
Earnings Per Share (EPS) Rs 0.70
P/E Ratio 57
RoNW 7.15%
Net Asset Value (NAV) - (Post Issue) Rs 18.49
IPO - Issue Objectives
1

Fund Working Capital requirements 

2

General Corporate Purposes