The Veekayem Fashion and Apparels IPO has begun on 05 Aug 2022. It will close on 11 Aug 2022. The Total IPO Size is 4.44 Crore. The company set its IPO price is 28 Rs Per Share. Basically, there are two basic categories in Veekayem Fashion and Apparels IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs).
Veekayem Fashion and Apparels is established in 1985.
Veekayem Fashion and Apparels is engaged in the business of weaving and garment manufacturing. We are majorly engaged in the business of manufacturing for various brands, however, They also cater to exports and local markets in customized designs as requested by our clients and customers in the textile and apparel industry.
They deal in a range of products like Shirting fabrics, Suiting Fabrics, Trouser fabrics, jacketing fabrics, format trousers, cotton trousers and other accessories etc. Our extensive product portfolio of 100% Cotton – Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting – Chief Value Cotton, Polyester Cotton, 100% Cotton
Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen.
They operate from a registered office located in Mumbai City, Maharashtra and the manufacturing facility is situated at Umargaon in the state of Gujarat.
Check :- Upcoming SME IPO 2022
Company Strengths
1) Consistency in Quality and Service Standards
2) Scalable Business Model
3) Product mix and Market mix
4) Cost effective production and timely fulfilment of orders
5) Experienced management and dedicated employee base
6) Wide sales and distribution network
Industry Peers
1) Page Industries Limited
2) Monte Carlo Fashions Limited
3) Indian Terrain Fashions Limited
Veekayem Fashion and Apparels IPO Promotors
1) Krishankant Gupta
2) Vijaykumar Gupta
3) Madanlal Gupta
Veekayem Fashion and Apparels IPO Date, Details & Price Band
| IPO Opening Dates | 5 Aug 2022 |
| IPO Closing Dates | 11 Aug 2022 |
| Price Band | 10 Rs Per Share |
| Fresh issue | 4.44 Crore |
| Offer for Sale | N/A |
| Total IPO size | 4.44 Crore |
| Minimum bid (lot size) | 4000 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 50% |
| Non-Institutional | 50% |
| Listing On | NSE SME |
Veekayem Fashion and Apparels IPO Market Lot
The Veekayem Fashion and Apparels IPO minimum market lot is 4000 shares With 1,12,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 4000 | 1,12,000 Rs |
| Maximum | 1 | 4000 | 1,12,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | Earnings per equity share | |
| 31-Mar-22 | 13267.19 | 14947.02 | 188.54 | 4.39 |
| 31-Mar-21 | 12351.95 | 7670.06 | 35.25 | 0.82 |
| 31-Mar-20 | 12090.4 | 21571.46 | 109.1 | 2.54 |
Veekayem Fashion and Apparels IPO GMP & Grey Market Premium
Veekayem Fashion and Apparels IPO GMP Grey market premium has been started today. Check Latest Veekayem Fashion and Apparels IPO GMP, Kostak Rates and Subject to Sauda Price here.
Veekayem Fashion and Apparels IPO Prospectus
| DRHP | Download |
| RHP | Download |
Veekayem Fashion and Apparels IPO Reviews
Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon
Veekayem Fashion and Apparels IPO Form Download
Veekayem Fashion and Apparels IPO available on NSE Website as well as on our Portal. Please click here Veekayem Fashion and Apparels IPO forms Download.
Veekayem Fashion and Apparels IPO Allotment Date & Details
| Allotment Date | 17 Aug 2022 |
| Initiation of refunds | 18 Aug 2022 |
| Transfer of shares to Demat accounts | 19 Aug 2022 |
| Listing Date | 22 Aug 2022 |
| Check Allotment Status | Click here |
Registrar of Veekayem Fashion and Apparels IPO
KFIN TECHNOLOGIES LIMITED
(Formerly known as Kfin Technologies Private Limited)
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda,
Serilingampally, Hyderabad – 500 032, Telangana
Contact Person : M Murali Krishna
Tel: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: [email protected]
Investor grievance e-mail: [email protected]
Website: www.kfintech.com
SEBI Registration No. : INR000000221
Veekayem Fashion and Apparels Contact Details
113, Udyog Bhavan, Sharma Ind. Estate,
Walghat Road, Goregaon East,
Mumbai, Mahrashtra, India – 400 063;
Telephone: +91 22 4035 1481;
E-mail: [email protected];
Website: www.vkmgroups.com;
Veekayem Fashion and Apparels IPO Lead Managers
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej, Ahemdabad -380 054,
Gujarat, India.
Telephone: +91 95375 94321
Fax: N.A.
E-mail: [email protected]
Website: www.gyrcapitaladvisors.com
Investor grievance: [email protected]
Contact Person: Yash Doshi
SEBI Registration Number: INM000012810