Veeram Infra Engineering (VIEL) IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 10.74 Cr. The company is based in Ahmedabad and caters to Real Estate sector. First Overseas Capital is the merchant banker of Veeram Infra Engineering (VIEL) IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 13th August 2018.
Veeram Infra Engineering (VIEL) IPO open date is 28th September 2018 and close date is 12th October 2018. IPO Allotment Date is [●] and Listing date is 23rd October 2018.Veeram Infra Engineering (VIEL) IPO size is ₹ 10.74 Cr. with IPO price of ₹ 51.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
First Overseas Capital Limited is the book-running lead manager of the Veeram Infra Engineering (VIEL) IPO. Kfin Technologies Limited is the Registrar and Market Maker is Alacrity Securities Limited for Veeram Infra Engineering (VIEL) IPO.
Veeram Infra Engineering (VIEL) IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Veeram Infra Engineering (VIEL) IPO, based in Ahmedabad, operates in the Real Estate sector with a focus on Real Estate. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Veeram Infra Engineering (VIEL) IPO size is ₹ 10.74 Cr. with fresh issue size of ₹ 10.74 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Veeram Infra Engineering (VIEL) IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Veeram Infra Engineering (VIEL) IPO allotment status on the registrars website, Kfin Technologies Limited . Veeram Infra Engineering (VIEL) IPO refund dates are [●].
Veeram Infra Engineering (VIEL) IPO is expected to be listed on 23rd October 2018.
The upper price band for the Veeram Infra Engineering (VIEL) IPO is set at ₹ 51.00 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 Veeram Infra Engineering (VIEL) 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 Veeram Infra Engineering (VIEL) 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 12th October 2018. After submission, funds are blocked until the basis of allotment of Veeram Infra Engineering (VIEL) IPO is finalised.
The merchant banker for Veeram Infra Engineering (VIEL) IPO is First Overseas Capital Limited . First Overseas Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Veeram Infra Engineering (VIEL) IPO RHP for further details.
The registrar for Veeram Infra Engineering (VIEL) 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 Veeram Infra Engineering (VIEL) IPO through their official website or helpline.
Veeram Infra Engineering (VIEL) IPO was subscribed 1.19 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Veeram Infra Engineering (VIEL) IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Veeram Infra Engineering (VIEL) Financial Review Page
Merchant Banker(s) of Veeram Infra Engineering (VIEL) IPO: First Overseas Capital Limited
Veeram Infra Engineering (VIEL) IPO subscription was 1.19 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.
Veeram Infra Engineering (VIEL) IPO listed at a listing price of 51.25 against the offer price of 51.00.
The current market price of Veeram Infra Engineering (VIEL) is 6.97.
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