Vivid Mercantile Ltd IPO

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Public issue of 21,06,000 equity shares of face value of Rs.10/- each (equity shares) of Veeram Infra Engineering limited ( the company or the issuer) for cash at a price Rs.51/- per equity share (including a share premium of Rs. 41/- per equity share) (issue price) aggregating to Rs.10.74 Crores(the issue), of which 1,10,000 equity shares of face value of Rs.10/- each for a cash price of Rs.51/- per equity share, aggregating to Rs 0.56 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 19,96,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 51 per equity share aggregating to Rs. 10.18 Crores (is here in after referred to as the net issue). The issue and the net issue will constitute 26.47% and 25.09%, 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 of Rs. 51/- i.e. 5.1 times of the face value.

Vivid Mercantile Ltd IPO Subscription Details


Vivid Mercantile Ltd

Issue Type

Fixed Price - SME

Open Date

28 Sep

Close Date

12 Oct

Offer Price


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  • Approve the block request

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Contact Details of Vivid Mercantile Ltd IPO

Company Contact Information

Vivid Mercantile Ltd IPO
Basement Medicare Centre,
Behind M J Library Ellisbridge,
Ahmedabad, Gujarat 380006.

Phone: 91-79-4892 1375
Email: complianceviel@gmail.com

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