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Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO
BSE SMERs 1,02,000 / 2000 Shares
Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Details
The Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO price band is set between Rs 51/- Per Equity Share, with a face value of Rs 10/- per share. The issue is managed by Karvy Computershare Private Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 28 Sep, 2018 and closes on 12 Oct, 2018. Investors can check the allotment status on 19 Oct, 2018, while the listing date is tentatively scheduled for 23 Oct, 2018.
The total issue size is Fresh issue of 21,06,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 10.74 Cr, aggregating up to . Stay tuned for the latest Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO review and GMP updates.
Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Review, Rating & Analysis
Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Review
NO REVIEWVeeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Rating
Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Highlights
IPO Date
Sep 28, 2018 - Oct 12, 2018
Listing Date
23 Oct, 2018
Face Value
Rs 10/- Per Equity Share
Price Band
Rs 51/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Lot Size
The minimum market lot for Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is 2000 shares with an application amount of ₹1,02,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,02,000 |
| Retail (Max) | 1 | 2000 | ₹1,02,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,04,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,18,000 |
| B-HNI (Min) | 10 | 20000 | ₹10,20,000 |
Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Timeline
Issue Price
Rs 51/- Per Equity ShareFace Value
Rs 10/- Per Equity ShareListing at Group
BSE SMERegistrar
Karvy Computershare Private LimitedLead Manager
First Overseas Capital LimitedIssue Size
Fresh issue of 21,06,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 10.74 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Satishkumar R. Gajjar
- Mrs. Geetaben S. Gajjar
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 9,98,000 | 9,98,000 | 19,96,000 |
Day 1 -28-09-18 | 26,000 0.03 x | 0.0 x | 26,000 0.01 x |
Day 2 -01-10-18 | 1,36,000 0.14 x | 0.0 x | 1,36,000 0.07 x |
Day 3 -03-10-18 | 1,36,000 0.14 x | 0.0 x | 1,36,000 0.07 x |
Day 4 -04-10-18 | 1,36,000 0.14 x | 2,000 0.0 x | 1,38,000 0.07 x |
Day 5 -05-10-18 | 1,36,000 0.14 x | 2,000 0.0 x | 1,38,000 0.07 x |
Day 6 -08-10-18 | 1,36,000 0.14 x | 4,000 0.0 x | 1,40,000 0.07 x |
Day 7 -09-10-18 | 1,36,000 0.14 x | 6,000 0.1 x | 1,42,000 0.07 x |
Day 8 -10-10-18 | 1,36,000 0.14 x | 8,000 0.1 x | 1,44,000 0.07 x |
Day 9 -11-10-18 | 3,36,000 0.34 x | 2,24,000 0.22 x | 5,60,000 0.28 x |
Day 10 -12-10-18 | 16,20,000 1.62 x | 7,46,000 0.75 x | 23,66,000 1.19 x |
Company Contact Details
Frequently Asked Questions about Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO IPO
When will Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO open for subscription?
The Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO opens on 28 Sep, 2018 and closes on 12 Oct, 2018.
What is the investors portion for Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 998000.
How to apply for Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO?
You can apply for Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO?
The issue size of Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is approx ₹Fresh issue of 21,06,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 10.74 Cr crores.
What is the price band of Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO?
The price band for Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is Rs 51/ to ₹ Per Equity Share.
What is the lot size of Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO?
The minimum bid (lot size) for Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is 2000 shares with an investment of approx Rs 1,02,000 .
What is the allotment date of Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO?
The allotment date for Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is 19 Oct, 2018.
What is the listing date of Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO?
The listing date for Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is expected to be 23 Oct, 2018.
What is the GMP of Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO?
The latest Grey Market Premium (GMP) for Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.