Object reference not set to an instance of an object. Initial Public Offering | Upcoming IPO NSE & BSE Market India | IPO Allotment Status - GEOJIT

IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Veekayem Fashion & Apparels Ltd
Registered Office: 113 Udyog Bhavan Sharma Inds.,Estate Walghat Rd Goregaon (E) , Mumbai - 400063 , Maharashtra , India.
Phone : 91-22-40351481   Fax:
Email :  cs@vkmgroups.biz  
Website :  www.vkmgroups.com
Initial public offer of 15,84,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Veekayem Fashion and Apparels Limited (the "Company" or "VFAL" or "Issuer") at an issue price of (Rs)28/- per equity share (including a share premium of (Rs)18/- per equity share) for cash, aggregating (Rs)4.44 crores ("Public Issue") out of which 80,000 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)28/- per equity share for cash, aggregating (Rs)0. 22 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 15, 04,000 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)28/- per equity share for cash, aggregating (Rs)4.21 crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 26.96% and 25.60% respectively of the postissue paid-up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
05-Aug-22 11-Aug-22 (Rs)28.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :4000

  (Rs Cr) Lead Managers to the Issue
Project Cost 4.01
GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 4.44  
Post Issue Equity Share Capital 5.88  
Issue Price (Rs)28.00  
Funding the working capital requirements of the companyGeneral corporate purposes
Promoted By
Krishnakant Gupta  
Vijaykumar Gupta  
Madanlal Gupta  
Listing At
Registrar to the Issue
KFin Techologies Ltd