Veritaas Advertising Limited
₹1,36,800(1,200 Shares)
Minimum Investment
IPO Dates
May 13, 2024 – May 15, 2024
Price Band
₹109–114 per equity share
Lot Size
1200
Listing
May 21, 2024
Listing At
NSE SME
Veritaas Advertising Limited Live Subscription Details
All IPOsAll Live IPOsOverall Subscription
Total Bids Received
621.69x
Veritaas Advertising Limited IPO Issue Details
- Issue Price
- ₹109-114 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Fresh Share
- 7,44,000 shares(aggregating up to ₹8.48 crore)
- Listing At
- NSE SME
- Listing Date
- May 21, 2024
- Registrar
- Mas Services Limited
Reservation Details
Shares Offered
1,06,800
Shares Offered
1,77,600
Shares Offered
1,74,000
Shares Offered
37,200
Company Information
Incorporated on July 31, 2018, Veritas Advertising Limited is a full-service advertising agency offering 360-degree services across platforms.The company owns advertising spaces in West Bengal, Guwaha...
Valuations
EPS (Pre-IPO)
2.11
EPS (Post-IPO)
6.66
P/E (Pre-IPO)
54
P/E (Post-IPO)
17.1
RoNW
44.23%
PAT Margin
17.36%
P/B Value
6.69
Objectives of the Issue
- 1Funding the capital expenditure towards setting up of new Police Booths in West Bengal, Assam, Maharashtra and Delhi
- 2Funding the capital expenditure in Pole Kiosks for setting up of traffic signal point displays in Kolkata, Mumbai and Pune
- 3General Corporate Purposes
Veritaas Advertising Limited – Promoter(s)
Contact Details
Corporate Office
38/2A, Gariahat South Road, Dhakuria, Rash Behari Avenue, Kolkata - 700 029
Veritaas Advertising Limited Allotment & Registrar Details
Check AllotmentMas Services Limited
Veritaas Advertising Limited IPO Documents
Frequently Asked Questions — Veritaas Advertising Limited IPO
The Veritaas Advertising Limited IPO price band is set at ₹109.00 to ₹114.00 per equity share.
The lot size for Veritaas Advertising Limited IPO is 1200 shares per lot. The minimum investment amount is approximately ₹1,36,800.
The Veritaas Advertising Limited IPO opens on May 13, 2024 and closes on May 15, 2024.
Veritaas Advertising Limited IPO is expected to be listed on May 21, 2024 on NSE SME.
The registrar for Veritaas Advertising Limited IPO is Mas Services Limited. You can contact them at ipo@masserv.com.
