Vasa Retail and Overseas Ltd IPO

Closed

Subscription Details

  • Open Date 24 Jan
  • Close Date 29 Jan
  • Lot Size 4000
  • IPO Size ₹ 4.8 Cr
  • IPO Price Range ₹ 30
  • Min Investment ₹ 120000

Vasa Retail and Overseas Ltd IPO Timeline

Open Date
24 Jan
Close Date
29 Jan
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 16,00,000 equity shares of Rs. 10 each (equity shares) of Vasa Retail and Overseas Limited (vasa or the company or the issuer) for cash at a price of Rs. 30 per share (the issue price), aggregating to Rs.4.80 crores (the issue), of which 88,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 15,12,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.70% and 25.23%, 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 in 3 times of the face value.

How to apply for an 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 Vasa Retail and Overseas Ltd IPO

Contact Information

Address

C-001 Ground Floor A/3 Antop,
Hill Warehousing Antop Hill,
Mumbai, Maharashtra 400037

Vasa Retail and Overseas Ltd IPO Lead Manager

Hem Securities Ltd
Open Demat Account