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Veeram Ornaments Ltd.

Veeram Ornaments Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹45
₹45
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹45
Based on GMP
Min. Investment
₹135,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 Dec 2016
Close Date
28 Dec 2016
Allotment
03 Jan 2017
Listing Date
05 Jan 2017
Exchange
BSE SME
Price Band
₹45
Listing Price
See chart
Allotment Status
Price Band
₹45
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
11,37,000 shares (aggregating up to ₹5.12 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹135,000
1 lot
Pre-IPO Holding
31,73,015 shares
Promoters
Post-IPO Holding
43,10,015 shares
Promoters
UPI Deadline
2016-12-28
Mandate
Anchor AllotmentThu, 22 Dec 2016
Basis of AllotmentTue, 03 Jan 2017
Refund InitiationWed, 04 Jan 2017
Demat CreditWed, 04 Jan 2017
Listing DayThu, 05 Jan 2017
UPI Mandate Deadline2016-12-28
Sale TypeFresh Capital
Net Offer to Public10,80,000 shares (aggregating up to ₹4.86 Cr)
Market Maker Quota57,000 shares (aggregating up to ₹0.2565 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Veeram Ornaments Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 28 Dec 2016.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
57,000
₹0.26
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
1,137,000
100% ₹5.12
IPO Shares Offered
Veeram Ornaments Ltd. IPO total issue size: ₹5.12 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 57,000 ₹0.26
5.01%
Total 1,137,000 ₹5.12
100.00%
* Based on upper price band ₹45 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹45.00
Upper Band
Min Investment
₹135,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹270,000
Retail (Max — 13 Lots)1339,000₹1,755,000
S-HNI (Min — 14 Lots)1442,000₹1,890,000
B-HNI (Min — 68 Lots)68204,000₹9,180,000
* Issue Price ₹45 × Lot Size 3,000 shares
IPO Schedule
Anchor
22 Dec 2016
✓ Done
IPO Open
23 Dec 2016
✓ Done
IPO Close
28 Dec 2016
✓ Done
Allotment
03 Jan 2017
✓ Done
Refunds
04 Jan 2017
✓ Done
Demat Credit
04 Jan 2017
✓ Done
Listing Day
05 Jan 2017
✓ Done
Veeram Ornaments Ltd. — Live Price LIVE
₹45.00
INR · BSE
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Issue ₹45.00 Live Price
About Veeram Ornaments Ltd.
Incorporated in 2011, Veeram Ornaments Limited is engaged in the design, manufacture, and wholesaler of jewellery and ornaments. It provides gold and silver jewellery products, including rings, bracelets, necklaces, ear chains, earrings, pendants, chains, mangalsutras, zudas, toe rings, anklets, bangles, etc. with or without studded precious and semi-precious stones. The company sells its products to jewellery retailers in Ahmedabad.They are also into trading business of silver and distributor of readymade gold & silver Jewellery & Ornaments. Gold & silver traditional jewellery & ornaments are either made with kundan, gem stones, American diamonds etc or just plain gold or silver. They buy their raw materials from Rajkot & local markets in Ahmedabad. Raw Silver and Raw gold is generally purchased from the bullion market which is then designed and molded into gold and silver traditional & modern jewellery. Other raw material like kundan, gems stones, American diamonds etc is purchased from their suppliers.
Objects of the Issue
1
1 To meet additional Working Capital Requirements
2
2 To Meet the Issue Expenses
Veeram Ornaments Ltd. Financials (Amount in Rs Cr)
Revenue from Operations
N/A
FY 2022-23
N/A
FY 2023-24
N/A
FY 2024-25
Profit After Tax (PAT)
N/A
FY 2022-23
N/A
FY 2023-24
N/A
FY 2024-25
ParticularsFY 2024-25FY 2023-24FY 2022-23
Revenue from Operations N/A N/A N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) N/A N/A N/A
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Financial data will be published once DRHP/RHP is filed with SEBI.
Issue Structure & Shareholding
Total Shares Offered11,37,000 (100.00%)
Net Offer to Public10,80,000 shares (aggregating up to ₹4.86 Cr)
Reserved for Market Maker57,000 shares (aggregating up to ₹0.2565 Cr)
Pre-Issue Promoter Holding31,73,015 shares
Post-Issue Promoter Holding43,10,015 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Gretex Corporate Services Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Veeram Ornaments Ltd. IPO subscribed?

Veeram Ornaments Ltd. IPO is subscribed 1.00 times by Dec 28, 2016. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Veeram Ornaments Ltd. IPO retail subscription status?

The Veeram Ornaments Ltd. IPO retail category is subscribed 1.00 times as of 28 Dec 2016. The retail portion is oversubscribed.

How to subscribe Veeram Ornaments Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 23 Dec 2016 and closes 28 Dec 2016. Min investment: ₹135,000 (1 lot = 3,000 shares). UPI mandate: 2016-12-28.

How many times Veeram Ornaments Ltd. IPO subscribed?

The Veeram Ornaments Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Veeram Ornaments Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Jan 2017. Refunds: on 04 Jan 2017.

When Veeram Ornaments Ltd. IPO will be listed?

The Veeram Ornaments Ltd. IPO listing date is 05 Jan 2017, Thursday. Listed on: BSE SME. Issue price: ₹45. Estimated listing: ₹45. GMP: NIL.

When Veeram Ornaments Ltd. IPO close?

The Veeram Ornaments Ltd. IPO closes on 28 Dec 2016, Wednesday. UPI mandate: 2016-12-28. Allotment: 03 Jan 2017. Listing: 05 Jan 2017.