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Veekayem Fashion and Apparels IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Textiles - Fabrics sector. GYR Capital Advisors is the merchant banker of Veekayem Fashion and Apparels IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th March 2022.
Veekayem Fashion and Apparels IPO open date is 5th August 2022 and close date is 11th August 2022. IPO Allotment Date is 17th August 2022 and Listing date is 22nd August 2022.
IPO
Size:
₹ 4.44 Cr.
Avg IPO Size (Sector Based)
: ₹
20.08 cr.
Sector: Textiles - Fabrics
SME
IPO so far:
11
Merchant Banker:
GYR Capital
SME
IPO by BRLM so far:
39
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
149.47
cr. 
PE
Ratio:
8.72x
Average Sector PE Ratio: 12.18x
Veekayem Fashion and Apparels IPO size is ₹ 4.44 Cr. with IPO price of ₹ 28.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
GYR Capital Advisors Private Limited is the book-running lead manager of the Veekayem Fashion and Apparels IPO. Kfin Technologies Limited is the Registrar and Market Maker is Econo Broking Private Limited for Veekayem Fashion and Apparels IPO.
Veekayem Fashion and Apparels IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Veekayem Fashion and Apparels IPO, based in Mumbai, operates in the Textiles - Fabrics sector with a focus on Weaving and garment manufacturing. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Veekayem Fashion and Apparels IPO size is ₹ 4.44 Cr. with fresh issue size of ₹ 4.44 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Veekayem Fashion and Apparels IPO is expected to be 17th August 2022, after the finalization of basis of allotment. Investors can check Veekayem Fashion and Apparels IPO allotment status on the registrars website, Kfin Technologies Limited. Veekayem Fashion and Apparels IPO refund dates are 18th August 2022.
Veekayem Fashion and Apparels IPO is expected to be listed on 22nd August 2022.
The upper price band for the Veekayem Fashion and Apparels IPO is set at ₹ 28.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Veekayem Fashion and Apparels IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Veekayem Fashion and Apparels IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 11th August 2022. After submission, funds are blocked until the basis of allotment of Veekayem Fashion and Apparels IPO is finalised.
The merchant banker for Veekayem Fashion and Apparels IPO is GYR Capital Advisors Private Limited . GYR Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Veekayem Fashion and Apparels IPO RHP for further details.
The registrar for Veekayem Fashion and Apparels IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Veekayem Fashion and Apparels IPO through their official website or helpline.
Veekayem Fashion and Apparels IPO was subscribed 301.47 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 4.44 Cr.
Avg IPO Size (Sector Based)
:
₹ 20.08 Cr.
Sector: Textiles - Fabrics
SME
IPO so far:
11
Merchant Banker:
GYR Capital
SME
IPO by BRLM so far:
39
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 149.01 cr.
PE
Ratio:
8.72x
Average Sector PE Ratio: 12.18x
Veekayem Fashion and Apparels IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Veekayem Fashion and Apparels Financial Review Page
Merchant Banker(s) of Veekayem Fashion and Apparels IPO: GYR Capital Advisors Private Limited
Veekayem Fashion and Apparels IPO subscription was 301.47 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Veekayem Fashion and Apparels IPO listed at a listing price of 50.00 against the offer price of 28.00.
The current market price of Veekayem Fashion and Apparels is 238.00.
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