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Veer Global Infraconstruction SME IPO Review

SME IPO Status: Listed [30th Sep 2020 to 9th Oct 2020]

Rated 3/5 by Team InvestorGain
Veer Global Infraconstruction SME IPO Detail

Veer Global Infraconstruction SME IPO Details

SME IPO Issue Opening Date: 30th Sep 2020
SME IPO Issue Closing Date: 9th Oct 2020
SME IPO Issue Price: ₹28 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE SME
Retail Quota: TBD
SME IPO Issue Type: Fixed Price Issue
SME IPO Issue Size: ₹4.9 Cr
Face Value: ₹10 Per Equity Share
SME IPO Discount: NA
Promoter Holding Pre IPO: 85.40%
Promoter Holding Post IPO:
BSE Code: 543241

Veer Global Infraconstruction SME IPO Important Dates

Get important updates regarding Veer Global Infraconstruction SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Veer Global Infraconstruction SME IPO dates
SME IPO Activity Date
Basis of Allotment Date* 14th Oct 2020
Refunds Initiation* 15th Oct 2020
Credit of Shares to Demat* 16th Oct 2020
SME IPO Listing Date* 19th Oct 2020

* - Tentative Dates

Veer Global Infraconstruction SME IPO Lots

SME IPO Activity Date
Issue Price ₹28
Market Lot: 4000 Shares
1 Lot Amount: ₹112000
Min HNI Lots: 8000 shares(2 lots)
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About Company - Veer Global Infraconstruction

About Veer Global Infraconstruction IPO

Veer Global Infraconstruction IPO of Rs. 491.68 Lakh will be open for subscription from 30th Sep to 9th October. The IPO lot size is 4000 shares and multiple of it and available at a fixed price of Rs. 28 per share. Let's get the complete review of Veer Global Infraconstruction IPO including business overview, financials, strengths, weaknesses, IPO allotment, subscription, and more.

The IPO price is Rs. 2.8 times of the face value of share.

Incorporated in: 2012

Sector:Real Estate Industry

Issue Size:Rs. 491.68 Lakh

Website: http://veergloballtd.com/

About Company-Veer Global Infraconstruction Limited

Veer Global Infraconstruction Limited (VGIL), the real-estate developer company aims to offer the world-class residential and commercial spaces. Its key business activities are to undertake construction of residential projects in the low-income means affordable housing segment. Since inception, VGIL has diversified its product portfolio to residential projects, commercial projects, retail, hotels, entertainment parks, commercial plaza, integrated townships, and so on.

It has a long-period experience in real estate development business including key activities such as location identification, development, designing, project management, and sales and marketing. Till Sep 2020, VGIL has successfully finished 5 residential projects includes Sai Villa – Shahada, Parasnath Township, Veer Splendor-Phase I, Veer-2, and Veer-1-Umroli East. It also has 7 ongoing projects.

Veer Global Infraconstruction SME IPO Strengths

  • Portfolio of residential properties in the affordable housing segment.
  • Highly experienced promoters and dynamic leadership.
  • Creative pricing and flexible payment terms.
  • Strong brand image.
  • Location based advantages as it completed many projects in the Palghar District.
Incorporation Sector IPO Issue Size Website
NULL ₹4.9 Cr http://veergloballtd.com/

Veer Global Infraconstruction SME IPO Objective

The key objectives of Veer Global Infraconstruction IPO are as follows:

  • To meet the general corporate purposes.
  • To meet the working capital requirement of the company.
  • To meet the issue expenses
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Veer Global Infraconstruction SME IPO Live Subscription (NSE + BSE)

The table below is live update of SME IPO bidding details from NSE and BSE.

  • Non-Institutional Investors: 878,000 Shares
  • Retail Individual Investor: 878,000 Shares
IPO Bidding Live Updates from BSE + NSE
Day NIIRIITotal
 # of Shares Offered878,000 (50%)878,000 (50%)1,756,000
11st Oct 2020 00:010.14x0.02x0.08x
22nd Oct 2020 00:010.18x0.07x0.13x
32nd Oct 2020 09:110.18x0.07x0.13x
46th Oct 2020 00:010.41x0.25x0.33x
56th Oct 2020 18:520.96x0.38x0.67x
67th Oct 2020 18:511.32x0.50x0.91x
79th Oct 2020 00:011.61x0.66x1.14x
89th Oct 2020 18:521.84x1.18x1.51x
Veer Global Infraconstruction financial
Veer Global Infraconstruction IPO Financials 31-Mar-2020 31-Mar-2019 31-Mar-2018
Total Assets ₹3,290.11 Lakh ₹2,929.13 Lakh ₹2,021.76 Lakh
Total Revenue ₹862.58 Lakh ₹1,007.52 Lakh ₹233.30 Lakh
Net Profit/Loss ₹17.60 Lakh ₹12.87 Lakh ₹4.74 Lakh

Company Address

Veer Global Infraconstruction Limited
Shop No 47 Shalibhadra Regency Shalibhadra Nagar,
100 Feet Road, Behind Union Bank, Nalasopara (E), ,Maharashtra-Thane-401
India
Website: http://veergloballtd.com/
Phone: +91 8484817311
Email: [email protected]

Veer Global Infraconstruction SME IPO Registrar

Purva Sharegistry India Pvt Ltd
9, Shiv Shakti Industrial Estate,
JR Borica Marg,
Lower Parel (East), Mumbai - 400 011
Website: https://www.purvashare.com/investor-service/ipo-query
Phone: +91-022-23018261/ 23016761
Email: [email protected]

Veer Global Infraconstruction SME IPO Lead Manager

Veer Global Infraconstruction SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Veer Global Infraconstruction? Should I apply in Veer Global Infraconstruction SME IPO?

Last Updated on 01-Feb-2021 00:36:21


User Reviews

5. chandrashekar Raju Sep 24 2020 11:48:06 PM Reply
Veer Global Infraconstruction SME IPO expected listing gain.
4. Dipakbhai Sep 24 2020 11:48:06 PM Reply
Please confirm Veer Global Infraconstruction SME IPO GMP (grey market premium) and kostak.
3. Adarsh Sep 24 2020 11:48:06 PM Reply
Veer Global Infraconstruction SME IPO good or bad.
2. B raghuram shetty Sep 24 2020 11:48:06 PM Reply
Veer Global Infraconstruction SME IPO whether to invest or not.
1. alok kumar dubey Sep 24 2020 11:48:06 PM Reply
Veer Global Infraconstruction SME IPO - CRISIL Rating, Apply or not?.