91  Total SME IPOs listed in 2025

4,041.09 Crs.  Total funds raised in 2025

63  SME IPOs listed with Gain in 2025

28  SME IPOs listed with loss in 2025

91  Total SME IPOs listed in 2025

4,041.09 Crs.  Total funds raised in 2025

63  SME IPOs listed with Gain in 2025

28  SME IPOs listed with loss in 2025

91  Total SME IPOs listed in 2025

4,041.09 Crs.  Total funds raised in 2025

63  SME IPOs listed with Gain in 2025

28  SME IPOs listed with loss in 2025

91  Total SME IPOs listed in 2025

4041.09 Crs.  Total funds raised in 2,025.00

63  SME IPOs listed with Gain in 2025

28  SME IPOs listed with loss in 2025

Vera Synthetic IPO (Vera Synthetic Limited IPO) Detail

Vera Synthetic IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 5.34 Cr. The company is based in Bhavnagar and caters to Plastic And Polymer sector. Pantomath Capital Advisors is the merchant banker of Vera Synthetic IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th February 2018.

Vera Synthetic IPO open date is 28th March 2018 and close date is 4th April 2018. IPO Allotment Date is [●] and Listing date is 12th April 2018.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Fixed Price

IPO Key Highlights

  • IPO Size: ₹ 5.34 Cr. Avg IPO Size (Sector Based) : ₹ 17.13 cr.
  • Sector: Plastic And Polymer SME IPO so far: 29
  • Merchant Banker: Pantomath Capital SME IPO by BRLM so far: 104
  • City: Bhavnagar SME IPO so far: 8
  • Revenue (annualised): ₹ 19.42 cr.
            PAT: (annualised): ₹ -2.06 cr. Read Financial Information >>
  • PE Ratio: x Average Sector PE Ratio: 19.72x

Vera Synthetic IPO Date

Date of DRHP:
28th February 2018
IPO Open Date:
28th March 2018
IPO Close Date:
4th April 2018
IPO Allotment Date:
[●]
Initiation of Refund:
[●]
IPO Listing Date:
12th April 2018

Vera Synthetic IPO Info, Size, Subscription

Vera Synthetic IPO size is ₹ 5.34 Cr. with IPO price of ₹ 40.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 5.34 Cr.

Issue Price:
₹ 40.00

Market Capitalisation :
[●]

PE multiple :
[●]

Subscription :
3.49 times

Pre Issue Promoter Holding :
44.28 %

Post Issue Promoter Holding :
32.30 %

Vera Synthetic IPO Information

Sub Sector : manufacturing of Fishing Nets PP Yarns PP/HDPE Ropes
Vera Synthetic is promoted by Sunil Makwana and Nagin Makwana. They joined the Company in 2008 and at present look after the overall management, day to day affairs and are the guiding force behind the strategic decisions of their Company. Their industry knowledge and understanding of the current market situation enables them to improve their geographic horizon and market presence. They believe that they shall be able to create a market position by adhering to the vision of their Promoters and senior management and their experience. Their manufacturing facility is divided into two units namely Division I and Division II (both situated in the same premises at Mamsa, Gujarat). Their manufacturing unit is well equipped with required facilities and machineries to facilitate smooth manufacturing process.
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Object of Issue (Vera Synthetic IPO Objectives)

  • Funding the working capital requirements of the Company
  • General Corporate Purposes

Pantomath Capital Advisors Private Limited is the book-running lead manager of the Vera Synthetic IPO. Link Intime India Private Limited is the Registrar and Market Maker is Pantomath Stock Brokers Private Limited for Vera Synthetic IPO.

Vera Synthetic IPO Market Maker

Pantomath Stock Brokers Private Limited

Vera Synthetic IPO Registrar (RTA)

Link Intime India Private Limited

Vera Synthetic IPO Lead Manager (BRLM)

Pantomath Capital Advisors Private Limited

Knowledge Partner to the IPO

IPOPlatform.com

Vera Synthetic IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Vera Synthetic IPO?

Vera Synthetic IPO, based in Bhavnagar, operates in the   Plastic And Polymer sector with a focus on manufacturing of Fishing Nets PP Yarns PP/HDPE Ropes. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Vera Synthetic IPO size is ₹ 5.34 Cr. with fresh issue size of ₹ 5.34 Cr. and Offer for sale being ₹ Nil

When is Vera Synthetic IPO allotment?

The IPO allotment date for Vera Synthetic IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Vera Synthetic IPO allotment status on the registrars website, Link Intime India Private Limited . Vera Synthetic IPO refund dates are [●].

When is Vera Synthetic IPO listing date?

Vera Synthetic IPO is expected to be listed on 12th April 2018.

What is the price band for Vera Synthetic IPO?

The upper price band for the Vera Synthetic IPO is set at ₹ 40.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Vera Synthetic IPO Review?

For IPO analysis on Vera Synthetic 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.

How to Apply for Vera Synthetic IPO?

To apply for the Vera Synthetic 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 4th April 2018. After submission, funds are blocked until the basis of allotment of Vera Synthetic IPO is finalised.

Who is the merchant banker of Vera Synthetic IPO?

The merchant banker for Vera Synthetic IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Vera Synthetic IPO RHP for further details.

Who is the Registrar of Vera Synthetic IPO?

The registrar for Vera Synthetic IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Vera Synthetic IPO through their official website or helpline.

What is the Vera Synthetic IPO subscription?

Vera Synthetic IPO was subscribed 3.49 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Vera Synthetic IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Vera Synthetic Financial Review Page

Vera Synthetic IPO subscription was 3.49 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.

Vera Synthetic IPO listed at a listing price of 44.30 against the offer price of 40.00.

The current market price of Vera Synthetic is 68.00.

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