Veekayem Fashion and Apparels IPO date is fixed, The IPO is to open on August 5 and will close on August 11, 2022. Veekayem Fashion and Apparels Limited is doing business in weaving and garment manufacturing. The company was incorporated in 1985. The company has a product portfolio that includes textiles fabric and readymade garments. Veekayem Fashion has manufacturing facilities in Gujarat. They have a capacity of 5,00,000 meters of fabric and 1,50,000 pieces of readymade garments per month.
The fabrics product range includes Greige Fabrics including 100% Cotton – Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting – Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen. The men’s and women’s readymade garment product range includes formal shirts, cotton shirts, formal trousers, cotton trousers, cotton joggers, cotton shorts, pajamas, and Bermuda.
Veekayem Fashion and Apparels is an NSE SME IPO to raise ₹4.44 crores via IPO. The Veekayem Fashion and Apparels IPO price band is fixed at ₹28 with a market lot of 4000 shares. You can check Veekayem Fashion and Apparels IPO subscription status and Veekayem Fashion and Apparels IPO allotment status on their respective pages.
Objects of the Issue:
- To meet the Working Capital requirements.
- General Corporate Purpose.
Veekayem Fashion and Apparels IPO Review
- May Apply
Veekayem Fashion and Apparels IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
| 22 August | ₹8 | ₹- | ₹65000 |
Veekayem Fashion and Apparels IPO Date & Price Band
| Veekayem Fashion and Apparels IPO Open: | August 5, 2022 |
| Veekayem Fashion and Apparels IPO Close: | August 11, 2022 |
| Veekayem Fashion and Apparels IPO Size: | Approx ₹4.44 Crores, 1,584,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Veekayem Fashion and Apparels IPO Price Band: | ₹28 Per Equity Share |
| Veekayem Fashion and Apparels IPO Listing on: | NSE SME |
| Retail Quota: | 50% |
| QIB Quota: | -% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Veekayem Fashion and Apparels IPO Market Lot
The Veekayem Fashion and Apparels IPO minimum market lot is 4000 shares with a ₹112,000 application amount.
| Minimum IPO Lot Size: | Minimum 4000 Shares for 1 lot |
| Minimum Amount: | ₹112,000 for 1 lot |
Veekayem Fashion and Apparels IPO Allotment & Listing Dates
The Veekayem Fashion and Apparels IPO date is August 5 and the IPO close date is August 11. The IPO allotment date is August 17 and the IPO might list on August 22.
| Veekayem Fashion and Apparels IPO Open Date: | August 5, 2022 |
| Veekayem Fashion and Apparels IPO Close Date: | August 11, 2022 |
| Basis of Allotment: | August 17, 2022 |
| Refunds: | August 18, 2022 |
| Credit to Demat Account: | August 19, 2022 |
| Veekayem Fashion and Apparels IPO Listing Date: | August 22, 2022 |
Veekayem Fashion and Apparels IPO Form
How to apply Veekayem Fashion and Apparels IPO? You can apply Veekayem Fashion and Apparels IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Veekayem Fashion and Apparels IPO in the Invest section. The other option you can apply Veekayem Fashion and Apparels IPO via IPO forms download via the NSE website. Check out the Veekayem Fashion and Apparels forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Veekayem Fashion and Apparels Company Financial Report
| ₹ in Crores | |||||
| Revenue | Expense | PAT | |||
| 2020 | ₹215 | ₹214 | ₹1.09 | ||
| 2021 | ₹77 | ₹76 | ₹0.35 | ||
| 2022 | ₹149 | ₹148 | ₹1.88 | ||
Veekayem Fashion and Apparels IPO Valuation – FY2021
Check Veekayem Fashion and Apparels IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹4.39 per Equity Share |
| Price/Earning P/E Ratio: | 6.37 |
| Return on Net Worth (RoNW): | 6.09% |
| Net Asset Value (NAV): | ₹72.12 per Equity Share |
Peer Group
- Page Industries Limited
- Indian Terrain Fashions Limited
- Monte Carlo Fashions Limited
Company Promoters
- Krishankant Gupta
- Vijaykumar Gupta
- Madanlal Gupta
Veekayem Fashion and Apparels IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
Veekayem Fashion and Apparels IPO Allotment Status
Check Veekayem Fashion and Apparels IPO allotment status on KFintech website URL. Click HereVeekayem Fashion and Apparels IPO Lead Managers
- GYR Capital Advisors Limited
Company Address
Veekayem Fashion and Apparels Limited
113, Udyog Bhavan,
Sharma Ind. Estate, Walghat Road,
Goregaon East, Mumbai, India – 400 063
Phone: +91 22 4035 1481
Email: [email protected]
Website: https://www.vkmgroups.com/
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