Vera Synthetic Ltd IPO

Closed

Subscription Details

  • Open Date 28 Mar
  • Close Date 04 Apr
  • Lot Size 3000
  • IPO Size ₹ 5.34 Cr
  • IPO Price Range ₹ 40
  • Min Investment ₹ 120000

Vera Synthetic Ltd IPO Timeline

Open Date
28 Mar
Close Date
04 Apr
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public issue of 13,35,000 equity shares of face value of Rs. 10/- each (equity shares) of Vera Synthetic Limited (the company or the issuer) for cash at a price of Rs. 40/- per equity share, including a share premium of Rs. 30/- per equity share (the issue price), aggregating Rs. 5.34. Crores (the issue), of which 69,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40/- per equity share, aggregating Rs. 0.28 Crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 12,66,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 40/- per equity share, aggregating Rs. 5.06 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 27.05% and 25.65% respectively of the fully diluted 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. 40/- is 4 times of the face value of the equity shares.

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 Vera Synthetic Ltd IPO

Contact Information

Address

Office No. UL-27 Pattani Plaza,
Devubag Dairy Road,
Bhavnagar, Gujarat 364002

Vera Synthetic Ltd IPO Lead Manager

Pantomath Capital Advisors Pvt Ltd
Open Demat Account