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Home >> Market >> IPO >> IPO Synopsis
Veeram Infra Engineering Ltd
Registered Office: Basement Medicare Centre, Behind M J Library Ellisbridge, Ahmedabad - 380006, Gujarat
Phone: 91-79-4892 1375
Email: complianceviel@gmail.com
Website: www.veeraminfra.com
Public issue of 21,06,000 equity shares of face value of Rs.10/- each ("equity shares") of Veeram Infra Engineering limited (" the company" or "the issuer") for cash at a price Rs.51/- per equity share (including a share premium of Rs. 41/- per equity share) ("issue price") aggregating to Rs.10.74 Crores("the issue"), of which 1,10,000 equity shares of face value of Rs.10/- each for a cash price of Rs.51/- per equity share, aggregating to Rs 0.56 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 19,96,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 51 per equity share aggregating to Rs. 10.18 Crores (is here in after referred to as the "net issue"). The issue and the net issue will constitute 26.47% and 25.09%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price of Rs. 51/- i.e. 5.1 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
28-Sep-2018 12-Oct-2018 51.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 10.74
Project Financed through Current Offer 10.74
Post Issue Equity Share Capital 7.96
Issue Price 51.00
To Meet the Working Capital Requirements
Promoted By
Satishkumar R Gajjar
Geetaben S Gajjar
Listing At
Registrar to the Issue
Karvy Computershare Pvt Ltd
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