Veekayem Fashion and Apparels IPO subscription status is to start on August 05, Friday. Veekayem Fashion and Apparels is an NSE SME IPO and has been subscribed by NII, and Retail investors. The company is to raise ₹4.44 crores via IPO. The IPO price band is fixed at ₹28 with a market lot of 4000 shares.
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 company reported revenues of ₹149 in 2022 against revenues of ₹148 in 2021. The company’s financial report looks good but the profit is on a lower side. Please check the Veekayem Fashion and Apparels IPO subscription status details over here.
IPOWatch View:
We recommend investors may apply for an IPO with caution. Investors should also look at the Retail and HNI numbers before investing. You can check the Veekayem Fashion and Apparels IPO allotment status here.
Veekayem Fashion and Apparels IPO Subscription Status (Live Update – Day 4)
Last Updated – 5:00| Category | Day 2 | Day 3 | Day 4 |
| SO | 1.72 | 46.38 | 355.85 |
| RII | 34.68 | 113.31 | 247.09 |
| Total | 18.20 | 79.84 | 301.47 |
Veekayem Fashion and Apparels IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
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.
