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Open
5 Aug 2022
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Close
11 Aug 2022
3
Allotment
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Listing
Mon, Aug 22, 2022
Price Band
₹28 per share
Issue Size
15,84,000 shares (agg. up to ₹4 Cr)
Lot Size
4,000 Shares
Listing Date
Mon, Aug 22, 2022
Latest GMP
₹0
Est. Gain
58.04%
✦ AI Insight
GMP Trend
22-08-2022₹0Est. ₹28+58.04%
19-08-2022₹0Est. ₹28+64.29%
16-08-2022₹0Est. ₹28+64.29%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 284.23x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 132.67 | 123.52 | 120.90 | 117.89 |
| Total Income | 149.47 | 76.70 | 215.71 | 203.17 |
| Profit After Tax | 1.89 | 0.35 | 1.09 | 2.28 |
| NET Worth | 30.95 | 29.05 | 28.70 | 29.73 |
| Reserves and Surplus | 26.66 | 24.76 | 24.40 | 23.31 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the company | 4.00 |
| 2 | General Corporate Purposes | 0.01 |
About Veekayem Fashion IPO
Incorporated in 1985, Veekayem Fashion and Apparels Limited is engaged in the business of weaving and garment manufacturing. The company's product portfolio includes two main product categories: Textile the company manufactures Greige Fabrics including 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 and Garments the company manufacture all types of readymade garments for men and women, such as formal shirts, cotton shirts, formal trousers, cotton trousers, cotton joggers, cotton shorts, pyjamas and Bermuda. Veekayem Fashion's manufacturing facility is situated at Umargaon in the state of Gujarat. The manufacturing facility is installed with automated machinery capable of manufacturing 5,00,000 meters of fabric per month and 1,50,000 pcs of readymade garments per month. Competitive Strength: Consistency in Quality and Service Standards. Scalable Business Model. Product mix and Market mix. Cost-effective production and timely fulfilment of orders. Experienced management and dedicated employee base. Wide sales and distribution network. + Read Mor
Contact Details
Veekayem Fashion & Apparels Ltd. Address113, Udyog BhavanSharma Ind.Estate, Walghat RoadGoregaon EastMumbai, Maharashtra, 400063+91 22 4035 1481cs@vkmgroups.bizVisit Website