Veeram Securities Ltd - Prospectus Synopsis

Veeram Securities Ltd pdf Icon RHP

Registered Office : Shop No 2 Naroda Pride , Nr Padmavati Society Naro-Nik , Ahmedabad - 382350 , Gujarat , India.

Phone :   Fax :

Email :compliancingveeram@gmail.com    Website : www.veeramsecuritiesltd.com

Public issue of uoto 11,37,000 equity shares of Rs. 10/- each (Equity Shares) of Veeram Ornaments Limited (VOL or The Company or The Issuer) for cash at a price of Rs. 45 per share (including share premium of Rs. 35.00 per equity share)(The Issue Price), aggregating to Rs. 5.12 crores (The Issue) of which upto 57,000 equity shares of face value of Rs. 10 each for a cash price of Rs. 45.00 per equity share, aggregating to Rs. 0.26 crores will be reserved for subscription by market makers to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of upto 10,80,000 equity shares of face value of Rs. 10 each at issue price of Rs. 45.00 per equity share aggregating to Rs. 4.86 crores (Net Issue). The issue and the net issue will constitute 26.38% and 25.06%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and The issue price is 4.5 times of the face value.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
12/23/2016 12:00:00 AM 12/28/2016 12:00:00 AM Rs 45 - 0Rs 0 - 0
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
 Rs CrLead Managers to the Issue
Project Cost 5.12 Gretex Corporate Services Pvt Ltd
Project Financed through Current Offer 5.12  
Post Issue Equity Share Capital 5.12  
Issue PriceRs. 45 
Projects
To meet additional working capital requirements
Promoted ByListing AtRegistrar to the Issue
Pinal Rakshit Shah
Rakshit Mahendra Shah
- KFin Techologies Ltd