IPO

Veto Switchgears & Cables Ltd IPO

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Public issue of 5,000,000 equity shares of Rs. 10 each for cash at a price of Rs. 50/- per equity share (including a share premium of Rs. 40/- per equity share) aggregating upto Rs. 25.00 crores (The Issue) by the company, of which 834,000 equity shares will be reserved for subscription by Market Maker(s) to the issue (Market Maker Reservation Portion). The Issue less the Market Maker reservation portion i.e. issue of 4,166,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The Issue and the Net Issue will constitute 30.01% and 25.01%, respectively of the post issue paid up equity share capital of the company. Issue Price: Rs. 50 per equity share of face value of Rs. 10/-. The Issue price is 5 times of the face value.

Veto Switchgears & Cables Ltd IPO Subscription Details

Company

Veto Switchgears & Cables Ltd

Issue Type

Book Building - SME

Open Date

03 Dec

Close Date

05 Dec

Offer Price

50.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App 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 notification to block funds in your UPI app
  • Approve the block request

Veto Switchgears & Cables Ltd IPO Frequently Asked Questions

Stove Kraft Ltd, kitchen appliances manufacturer is coming up with its Initial public Offerings on January 25 with the public issue comprising a fresh issue size of ₹412.63Cr.

You can apply for the Stove Kraft IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.

Stove Kraft IPO will open on January 25, 2021.

Stove Kraft IPO Lot size is 38 equity shares, that means you can apply for one lot consisting 38 equity shares.

Shares of Stove Kraft will be getting allotted on 02nd February,2021.

Stove Kraft Shares will be getting listed on 05 February, 2021.

Here is the minimum investment calculation of Stove Kraft IPO
Lot size – 38 * Issue Price ₹385 = ₹14,630
Hence the minimum investment amount required to invest in Stove Kraft IPO is ₹14,630. As per the maximum limit that is allowed by SEBI you can apply for 13 lots.

No, one bank account one IPO application is allowed.

Cut off Price for Stove Kraft IPO is ₹14,630


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Contact Details of Veto Switchgears & Cables Ltd IPO

Company Contact Information

Veto Switchgears & Cables Ltd IPO
506 5 Flr Plot B-9 New Link Rd,
Landmark Building Andheri (W),
Mumbai, Maharashtra 400058.

Phone: 91-141-4100400
Email: cs.vandana@vetoswitchgears.com

Veto Switchgears & Cables Ltd IPO Register

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Veto Switchgears & Cables Ltd IPO Lead Manager(s)

  • Indian Overseas Bank
  • Keynote Corporate Services Ltd

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