Vertoz Advertising Ltd IPO

Closed

IPO Details

  • Open Date 14-Nov-17
  • Close Date 16-Nov-17
  • Lot Size 1200
  • IPO Size ₹ 17.11 Cr
  • IPO Price Range ₹ 108
  • Min Investment ₹ 129600
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

Public issue of 15,84,000 equity shares of a face value of Rs. 10/- each (the equity shares) of Vertoz Advertising Limited (The Company or VAL or The Issuer) for cash at a price of Rs. 108/- per equity share (including a share premium of Rs. 98.00 per equity share) (issue price) aggregating to Rs. 17.11 crores (the issue) of which 79,200 equity shares aggregating to Rs. 0.86 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 15,04,800 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 108.00 per equity share aggregating to Rs. 16.25 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.47% and 25.14%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each and the issue price is Rs.108. The issue price is 10.80 times of the face value.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Vertoz Advertising Ltd IPO

Contact Information

602 Avior Nirmal Galaxy,
LBS Marg Mulund (West),
Mumbai, Maharashtra 400080

Vertoz Advertising Ltd IPO Lead Manager

Guiness Corporate Advisors Pvt Ltd

IPO NewsIPO News

Top Stories for you
Story Blog
What you must know about Creative Graphics Solutions India IPO?

About Creative Graphics Solutions India IPO

IPO BlogIPO Blog

Top Stories for you
Vishwas Agri Seeds IPO Allotment Status

Quick take on the IPO of Vishwas Agri Seeds Vishwas Agri Seeds IPO, a fixed price issue of ₹ 25.80 crores, comprises entirely of 30 lakh fresh shares. Vishwas Agri Seeds IPO commenced subscription on March 21, 2024, and concludes today, March 26, 2024. Allotment for the Vishwas Agri Seeds IPO is expected to be finalized on Wednesday, March 27, 2024. Subsequently, it will list on NSE SME with a tentative listing date set for Monday, April 1, 2024. The price of

IPO GuideIPO Guide

Top Stories for you
IPO Cycle

The IPO cycle, also referred to as Initial Public Offering Cycle, allows private companies to go public and offer the company's shares to the general public for the first time. It ...

 
Greenshoe Option
How To Cancel An IPO Application
NFO vs IPO
What Is FPO In Share Market?
What is an Abridged Prospectus?
How to Buy IPO Online in India