The offer for sale will take place on a separate window of the stock exchanges under the T+1 period. The OFS will take place between 9:15 am and 3:30 pm on June 10, 2025 for non-retail investors and will continue on June 11, 2025 for retail investors between 9:15 am and 3:30 pm.
Veedol Corporation OFS 2025 Details
| OFS Open: | June 10, 2025 |
| OFS Close: | June 11, 2025 |
| OFS Floor Price: | ₹1566 per share |
| Face Value: | ₹2 per share |
| Closing Price: | ₹1,703.20 as of June 10 |
| OFS Discount: | 8% on closing price |
| Retail Discount: | N/A |
| Base Size: | 3,48,480 shares (2.00% of Equity) |
| Offer for Sale: | Click Here |
Andrew Yule & Company Limited and GSEC Limited (“the Seller”) is one of the Promoters of Veedol Corporation Limited (“the Company”) proposes to sell up to 3,48,480 Equity Shares of the Company (representing 2.00% of the total issued and paid up Equity Share capital of the Company) (“Base Offer Size”), on June 10, 2025, (“T day”) (for non-Retail Investors only) and on June 11, 2025 (“T+1 day”) (for Retail Investors (as defined below) and for non-Retail Investors who choose to carry forward their un-allotted bids from T day) through a separate designated window of BSE (Stock Exchange), in accordance with the OFS Guidelines (such offer for sale hereinafter referred to as the “Offer”).
Veedol Corporation Financial Results
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ₹160.77 | ₹108.37 | ₹38.32 |
| 2023 | ₹172.37 | ₹110.51 | ₹45.33 |
| 2024 | ₹129.00 | ₹107.58 | ₹89.94 |
About Veedol Corporation
Veedol Corporation Limited, also known as Tide Water Oil Co. Limited, founded in 1928, is one of the prominent manufacturers and marketers of premium lubricants in India. Currently, the brand runs under the Veedol brand and has achieved an international presence in over 70 countries. The company’s portfolio consists of a wide range of products,
Automotive Lubricants used for Engine Oils for cars, two/three-wheelers, heavy-duty trucks, tractors, OEM oils, gear oils, transmission fluids, brakes, and greases. Industrial Lubricants consists of Machinery oils, hydraulic fluids, turbine oils, spindle oils, thermic fluids, compressor oils, coolant oils, and specialty greases for diverse industrial applications. Speciality Products for Vehicle care and aftermarket solutions such as coolants, brake fluids, cleaning agents, and rust penetrants.
Veedol Corporation OFS Broker Details
- Idbi Capital Market Services Limited
- Bob Capital Markets Limited
Company Contact Us
Tide
Water
Oil
(india)
Ltd.
Yule
House,
8,
Dr.
Rajendra
Prasad
Sarani,
Kolkata
–
700001
Phone:
033-7125
7700
Email:
[email protected]
Website:
https://www.veedolindia.com/
