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Open
30 Sep to 9 Oct, 2020
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Close
30 Sep to 9 Oct, 2020
3
Allotment
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Listing
Mon, Oct 19, 2020
Price Band
₹28 per share
Issue Size
17,56,000 shares (agg. up to ₹5 Cr)
Lot Size
4,000 Shares
Listing Date
Mon, Oct 19, 2020
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.43x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|
| Assets | 32.90 | 29.29 | 20.22 |
| Total Income | 8.63 | 10.08 | 2.33 |
| Profit After Tax | 0.18 | 0.13 | 0.05 |
| EBITDA | 0.30 | 0.22 | 0.13 |
| NET Worth | 10.42 | 5.84 | 4.50 |
| Reserves and Surplus | 5.68 | 3.89 | 3.01 |
| Total Borrowing | 0.17 | 1.25 | 0.94 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Atal Realtech Ltd. | SME | ₹10.83 Cr | ₹72 | null | ₹66.70 | -7.36% | ₹30.36 (-1.50%) |
| Suratwwala Business Group Ltd. | SME | ₹6.90 Cr | ₹15 | 83 | ₹16.22 | +8.13% | ₹25.01 (+1.79%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet the Short term Working Capital Expenses. | 4.00 |
| 2 | General corporate purpose. | 0.66 |
About Veer Global Infraconstruction IPO
Incorporated in 2012, Veer Global Infraconstruction Limited is a real-estate developer company that primarily engaged in developing residential projects in the affordable housing segment. It undertakes development of residential projects, business and retail properties, Commercial Plaza, and Integrated Townships. Its core business activities include location identification, acquisition, project planning, designing and development and sales & marketing. VGIL positioned as "Creation and not Construction" has landmark development across Mumbai, Vasai, Virar, Umroli, Boisar & Shahada. Till Sep 2020, it has completed 5 residential projects and Veer-11, Parasnath Township Bldg No. 2, Veer Splendor - Phase II, Veer-10, Veer-4, and D-wing Veer-2 are currently ongoing projects.Competitive Strengths• Focus on low-income affordable housing segment.• Strategic location advantages in the District of Palghar.• Experienced team of promoters and managers.+ Read More
Contact Details
Veer Global Infraconstruction Ltd. AddressShop No 47 Shalibhadra Regency Shalibhadra Nagar100 Feet Road, Behind Union Bank, Nalasopara (E)Thane, Maharashtra, 401209+91 8484817311mail@veergloballtd.comVisit Website