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Open
23 Dec 2016
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Close
28 Dec 2016
3
Allotment
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Listing
Thu, Jan 5, 2017
Price Band
₹45 per share
Issue Size
11,37,000 shares (agg. up to ₹5 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Jan 5, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.06x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2016 | 31 Mar 2016 | 31 Mar 2015 | 31 Mar 2014 |
|---|---|---|---|---|
| Assets | 4.30 | 3.22 | 0.17 | 0.09 |
| Total Income | 2.00 | 1.47 | 0.05 | 0.07 |
| Profit After Tax | 0.28 | 0.07 | 0.00 | 0.00 |
| NET Worth | 3.32 | 3.08 | 0.01 | 0.01 |
| Reserves and Surplus | 3.02 | 2.74 | 0.00 | 0.00 |
| Total Borrowing | 0.46 | 0.11 | 0.07 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Bindal Exports Ltd. | SME | ₹2.00 Cr | ₹16 | null | ₹16.20 | +1.25% | ₹27.80 |
| Radhika Jeweltech Ltd. | SME | ₹49.50 Cr | ₹75 | null | ₹71.00 | -5.33% | ₹87.14 |
| KKV Agro Powers Ltd. | SME | ₹3.58 Cr | ₹320 | null | ₹342.00 | +6.88% | ₹368.00 |
| Darshan Orna Ltd. | SME | ₹7.54 Cr | ₹60 | null | ₹61.00 | +1.67% | ₹2.23 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet additional Working Capital Requirements | 4.67 |
| 2 | To meet the issue expenses | 0.45 |
| Total | 5.12 |
About Veeram Ornaments IPO
Updated on Aug 5, 2026
Contact Details
Veeram Ornaments Ltd. AddressShop No.2, Naroda PrideNr.Padmavati SocietyAhmedabad, Gujarat, 382350+91-9925266150info@veeramornaments.comVisit Website